Carl Levin actually said...

"[F]remont refused to make any forward looking statements so we really got nothing from them on the crap pools..."

"Did you not have a responsibility to answer a direct question, how can you get comfortable with these products from that source by saying we are going short, half the short is what we are buying?"

"You participated in the deal as one of the protection buyers."

"Clearly, this system must be reformed so that Wall Street banks are not seen and do not act as unscrupulous operators who seek to profit from the public's misfortune."