Political Quotes

On the recordApril 12, 2010
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?
Said by
Carl Levin
Democratic · Michigan

Editor's note · Context

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

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