Carl Levin actually said...

We also have examined reckless behavior that has put the stability of the financial system--and by extension, the U.S. economy--at risk.

So how can Franconia make an independent judgment of the experience and expertise of RenTec?

To both you, Mr. Malloy and Mr. Ramakrishna, your banks' profits from the options came from financing and transaction fees. Is that correct?

Today's hearing brings those two themes together.