Carl Levin actually said...

"Now, when the bank reviewed the new model for approval, at that time it said that implementation issues, certain issues, had to be worked out before the model was activated."

"Well, in general, let me ask you, Mr. Curry, what is your reaction to that activity, reducing the RWA not by selling risky assets but by designing models in order to produce lower numbers?"

"Prior to that time, had you received regular information about the SCP portfolio?"

"the bank needs to provide true, accurate, independent marks every day."