Carl Levin actually said...

"Why should banks open accounts for bearer share corporations?"

"I agree with that and I also agree that Congress has responsibility, too, in our oversight."

"Are the bank's deficiencies in how it is monitoring for suspicious activity a problem as far as the OCC is concerned?"

"Now, another article of the consent order required that the bank retain one or more independent consultants to conduct an independent review of account and transaction activities."