Carl Levin actually said...

"Purchasers of these securities are relying on you as an underwriter to provide truthful information."

"And is it true that, as shown in Exhibit 37, at times, 95 percent of WaMu's Option ARM borrowers were making minimum payments, which led to no or negative amortization?"

"And the audit that you saw when you first got there, that 2006 audit, which is Exhibit 10, was the reason, as I understand it, that you were asked to take responsibility for Long Beach, is that correc..."

"Why were so many Long Beach mortgages defaulted? Why were Long Beach securities consistently among the worst performing in the marketplace?"