Carl Levin actually said...

Did the London traders have to get approval of the CIO risk managers like you to put on positions?

Senator Levin questions the approval process for London traders' positions.

03/14/2013

More Carl Levin Quotes

Their approach to the definition of beneficial ownership is not one of them.

We are not looking for some shell corporation to be called the owner.

We prohibit it. We say only if a State decides that they want to make it available for whatever reason.

Thank you, Mr. Chairman, for your holding again this hearing.