Carl Levin actually said...

"And when he testified that the SCP was to protect against Scenarios 2 and 4, you go all the way over to number 10 to try to find some scenario in which it might be helpful."

"But it was a violation of the bank's policy."

"Is it appropriate to set goals to achieve RWA reductions by affecting how the models calculate the results?"

"Shouldn't investors have known during that call that the current status of the SCP was not great, it was losing a lot of money, huge positions that it had were hard to exit, it had been violating all ..."