Carl Levin actually said...

Is it fair to say that WaMu was not particularly worried about the risk associated with Long Beach subprime mortgages because it sold those loans and passed the risk on to investors?

04/12/2010

https://www.congress.gov...

More Carl Levin Quotes

"You made a decision, which you have a right to do, not to bring that money home."
"That agreement did two things: it shifted the economic rights, the way they had been shifted before, 30 years ago."
"Is it true that you are not going to bring them home unless we reduce our tax rates?"
"I could not disagree with you more. Of course you shifted something, the most valuable thing you have."

View All Carl Levin Quotes