Carl Levin actually said...

They did not get the detailed positions regularly.

Levin confirms that regulators did not receive regular detailed position reports.

03/14/2013

More Carl Levin Quotes

I was really angry to find there had been an audit report on these in the previous year, but that it had been closed off with no action.

I just do not understand it.

These were problems which were known for years. This is not something which was looking back.

Will you give us for the record the status of that effort?