Carl Levin actually said...

"More significantly, Renaissance is signing a deal with itself, and the company is such a shell that you, as an executive officer of RenTec, sign all of the papers."

"I was very concerned about the reputational risk of the bank."

"The banks and Renaissance claim that Renaissance is independent from the fund when it is acting as investment advisor to the banks."

"And would you agree that the reason that they put that in there is to give the appearance that the activity is not Renaissance's but the banks?"