Carl Levin actually said...

"Market share should not be driving ratings."

"So the market share was a factor there as well as to whether or not you would use the new available information to re-rate the existing securities?"

"Those toxic mortgages were scooped up by Wall Street firms that bottled them in complex financial instruments."

"For a hundred years, Main Street investors trusted U.S. credit rating agencies to guide them toward safe investments."