Carl Levin actually said...

How long do you expect it will take to approve the plans? And how long will it take to inspect the facilities?

Senator Levin inquires about the timeline for plan approvals and facility inspections.

03/02/2010

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Mr. Schneider was certainly concerned with the issues.

Did the audit find that Long Beach then was consistently approving poor loans?

Now, specialty lending is what Washington Mutual called its subprime operations after it abolished Long Beach as a separate entity and took ...

So 132 sampled were identified with red flags, reading from this report, and of that, 115 had confirmed fraud.