Carl Levin actually said...

I think the American taxpayers and the American people expect a lot more from their regulators than what we have seen in this situation.

All right. The IG report... found that Option ARMs were 47 percent of the loans in WaMu's portfolio.

Was it important in order for you to have a basis that you have access?

That is the kind of bureaucratic speech which I think sends the message to people you regulate.