Carl Levin actually said...

Not effective. That is what you were told.

Levin emphasizes the ineffectiveness of fraud controls based on a report's findings.

04/12/2010

More Carl Levin Quotes

Was it a coincidence that it was done at that time?

Those losses, even though the trades were made in London----

OK. So that in 2012, the Synthetic Credit Portfolio was being actively traded, right?

Let me be clear: JPMorgan completely disregarded risk limits and stonewalled Federal regulators.