Carl Levin actually said...

Is there any rational company that would give up 85 percent of ongoing profits in a business that has been highly profitable?

Levin questions the logic of a company giving away significant profits.

03/31/2014

More Carl Levin Quotes

You are out there selling these securities. You know there is fraud in some of these securities.

How does that happen? You have loan officers under investigation year after year after year.

Do you think your investors should be troubled by that? Should your stockholders, should anybody be troubled by that except us?

We went and purchased these loans back.