Carl Levin actually said...

There should be a reasonableness test when these subprime mortgages are originated.

Emphasizing the need for checks in subprime mortgage origination.

04/12/2010

More Carl Levin Quotes

Somehow or other you have to figure out, if there were an arm's-length deal here, what would be shifted.

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?