Carl Levin actually said...

You have an agreement which shifts the economic rights, the most valuable thing you have, to three Irish companies that pay no taxes.

Levin highlights the tax avoidance strategy involving Irish companies.

05/20/2013

More Carl Levin Quotes

The answer is here from a supervisor, it doesn't make any difference that their collateral is not performing well.

Should a CDO which is expected not to perform be given a AAA rating?

Would you all agree with that, it would be riskier if there was no verification of income?

From my personal perspective, it is something that I would have wanted to know, because it is more of a qualitative not a quantitative asses...