Carl Levin actually said...

He was just pursuing a mathematical interest. He was not operating in furtherance of the bank's goals?

Levin questioned whether the individual was aligned with the bank's objectives.

03/14/2013

More Carl Levin Quotes

Is that correct?

Well, that is not the part of the testimony he finally acknowledged, which is they were short of resources and didn't get what they requeste...

The bank got their way. Don't assign that person to me from now on.

It would have resulted in downgrades for many of the RMBS securities.