Carl Levin actually said...

Is there any evidence that market share drove ratings? Have you seen it? Have you looked at these exhibits?

Senator Levin questions the influence of market share on ratings.

04/22/2010

More Carl Levin Quotes

These regulatory capital requirements are one of the most important tools that we have to ensure the safety and soundness of our financial s...

So that was just a failure at the OCC.

So what you said is not exactly accurate on that day. Is that correct?

Now, in May 2012, after the media disclosure of the whale trades, the bank determined the new VaR model was not portraying the SCP's risk ac...