Carl Levin actually said...

"If it is not unmanageable for you, it is kind of disgraceful from the taxpayers' point of view that you end up with taxpayers' money which we don't owe you."

"The U.S. Government decided not to allow AIG to default."

"But you were paid a whole bunch of money by the Federal Government."

"These credit default swaps that you engaged in, these synthetics, in my judgment and I think most people's judgment, do not serve a social purpose."