Carl Levin actually said...

We uncovered actions taken by JPMorgan to use loopholes, exclusions, and valuation techniques to stay under the Fed's 5-percent limit.

Levin discusses JPMorgan's manipulation of limits on physical commodity holdings.

11/19/2014

More Carl Levin Quotes

First of all, without doubt we have to reform our tax code. It is long overdue.

So the advantage to Caterpillar Inc. would be that it would pay less Federal income tax?

So you use words, too, 'low-tax [marketing] countries'? Don't you ever use those words?

Now let us get down to CSARL.