Carl Levin actually said...

That is correct, to 'Remove . . . from the chain of title . . . for purchased . . . parts.'

The U.S. parent asserts, could assert that because the risk has been transferred, the offshore affiliate is entitled to the lion's share of ...

If the value of the CACO transfer was treated the same as CSARL's intangibles were, as claimed by Pricewaterhouse, doesn't that create a hug...

I think the explanation--someone else, if they want, can ask you for it, but I am asking what was said at the time about these intangibles.