Carl Levin actually said...

And if not, tell us if there needs to be a change in the law.

Levin emphasizes the need for legal changes if information sharing is not possible.

08/03/2010

More Carl Levin Quotes

It would not come on a routine basis.

Regulators did not 'get the information' on those positions on a regular basis, did they?

Now, in May 2012, after the media disclosure of the whale trades, the bank determined the new VaR model was not portraying the SCP's risk ac...

Everyone knows what is going on and there is little need for more limits, controls, or reports.