Carl Levin actually said...

"In my judgment, since these markets are so connected, it would seem to me that there is nothing preventing somebody from using one market to manipulate another market."

"I think we have been really penny-wise and pound-foolish in the way we have funded our regulators."

"Nothing is above the scope of this hearing."

"Today, U.S. capital markets, which traditionally have been the envy of the world, are fractured."