Levin acknowledges that including downgraded assets in CDOs might be usual.
04/22/2010
https://www.congress.gov...
Thank you, Senator Baldwin, for your great involvement in so many issues involving consumers, as well as this one.
It is always an option. Break the deal or not. You are free in that sense. We are all free to break deals.
The effect of this arrangement was that the queue was lengthened. Is that correct?
In order to have the economic advantages that they saw in this deal, and if they were going to live up to the deal, they...