Carl Levin actually said...

We recommend requiring banks to identify all internal investment portfolios that include derivatives over a specified notional size.

Levin outlines recommendations for better oversight of banks' derivative activities.

03/14/2013

More Carl Levin Quotes

We also have to end the attitude of the Chinese who will not cooperate with this investigation and who will not act against the counterfeite...

We just cannot rely on them.

We cannot rely on the Chinese to act. I think that has been proven for a long period of time.

The Chinese Government can stop it. If the Chinese Government does not stop it, then it continues to pose a national security risk.