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Carl Levin actually said...

OTS has principal responsibility. FDIC doesn't.

Context

Levin highlights the confusion over regulatory responsibilities.

04/15/2010

https://www.congress.gov...

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You did execute on it for about a year, a year and a half.
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A lack of controls for fraud, according to this report--this is your own internal report--has existed for some time.
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Would selling those mortgages for that reason trouble you without disclosing that to investors?
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Were they notified that there was a billion-and-a-half dollars in loans that were selected because they were Option ARMs and that it was you...
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View All Carl Levin Quotes

Carl  Levin

usa, Michigan

2,705 Quotes

Born6/28/1934

Died7/29/2021 (aged 87)

PartyDemocratic

  • United States Senator

    1/3/1979 - 1/3/2015
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