Carl Levin actually said...

Could we have caught that sooner? Absolutely.

Levin reflects on the bank's failure to catch suspicious transactions earlier.

02/03/2010

More Carl Levin Quotes

In 2006, delinquency rates for loans supporting subprime securities were hitting record levels.

the credit rating agencies continued to issue AAA ratings on new subprime RMBS and CDOs in 2007 despite warnings

I believe that attention to market share is one thing we must pay attention to in running the business.

And the great demand for mortgages for that purpose?