Carl Levin actually said...

If transparency is the answer, should the government force transparency?

Levin questions the need for government-mandated transparency in financial markets.

06/16/2014

More Carl Levin Quotes

Unchecked competition on this basis can place the entire financial system at risk.

Following conversations with banks--where they asked for the removal of somebody from the relationship, did you ever accommodate that?

In 2006, delinquency rates for loans supporting subprime securities were hitting record levels.

the credit rating agencies continued to issue AAA ratings on new subprime RMBS and CDOs in 2007 despite warnings