Carl Levin actually said...

"this is the fundamental conflict of interest that we need to do something about in the legislation."

"And if they were being used to short the market, would that be saying something about the quality of the reference to the assets?"

"I am just asking a simple, straightforward question."

"What is your reaction now that you read that, that something that would have been done otherwise could not be done because the writer, a Standard and Poor's employee, had to 'massage the subprime and ..."