Carl Levin actually said...

You ought to have plenty of regrets. I do not think that you are willing to acknowledge them, but you ought to have them.

during most of 2007, we maintained a net short sub-prime position and therefore stood to benefit from declining prices in the mortgage marke...

Did Mr. Paulson or Paulson & Company come in wanting to go short?

You think, hey, give the less flexible folks to our customers. We will save the more flexible for ourselves.