Carl Levin actually said...

Were they notified that there was a billion-and-a-half dollars in loans that were selected because they were Option ARMs and that it was your expectation that Option ARMs were going to go delinquent in greater numbers?

Context

Levin questions whether investors were informed about the risks of Option ARMs.

04/12/2010

https://www.congress.gov...

More Carl Levin Quotes

View All Carl Levin Quotes