Carl Levin actually said...

Well, if it weren't for the big short, you would have been deeply in the red that year, wouldn't you?

Levin questions the necessity of the big short for avoiding losses.

04/26/2010

More Carl Levin Quotes

All right. Mr. Raiter, going back to you again, you had insufficient data to predict how a new loan would perform.

Should those numbers be massaged to preserve market share? Does anyone believe that?

Was there a fee charged for surveillance?

It is so clear, it is so obvious, there is such a fundamental conflict here to me.