Carl Levin actually said...

"Well, that is looking forward, but, again, analyzing what happened here, I will go back to you, Mr. Waterhouse."

"I am not talking about what is on the tapes. I am talking about the shift in the way these marks are made."

"He was just pursuing a mathematical interest. He was not operating in furtherance of the bank's goals?"

"all I said is trades were made daily. That is a tactical implementation of a longer-term decision."