Carl Levin actually said...

"Was it a coincidence that the way in which those marks were made changed to reduce the losses on the books at the time those losses were piling up?"

"All right. So that this is wrong, this email is wrong. Is that correct?"

"And do you think that this kind of practice is allowed by the GAAP?"

"the bank stopped sending the Investment Bank's daily profit and loss (P&L) data to the OCC."