Carl Levin actually said...

The banks and Renaissance claim that Renaissance is independent from the fund when it is acting as investment advisor to the banks.

Addressing claims of independence between banks and Renaissance.

07/21/2014

More Carl Levin Quotes

Did the audit find that Long Beach then was consistently approving poor loans?

Now, specialty lending is what Washington Mutual called its subprime operations after it abolished Long Beach as a separate entity and took ...

So 132 sampled were identified with red flags, reading from this report, and of that, 115 had confirmed fraud.

And those were high risk?