Carl Levin actually said...

But there is no income--there is no tax paid on the money itself that has been sent to Apple.

Levin highlights the lack of tax on funds sent to AOI.

05/20/2013

More Carl Levin Quotes

We also have examined reckless behavior that has put the stability of the financial system--and by extension, the U.S. economy--at risk.

So how can Franconia make an independent judgment of the experience and expertise of RenTec?

To both you, Mr. Malloy and Mr. Ramakrishna, your banks' profits from the options came from financing and transaction fees. Is that correct?

Today's hearing brings those two themes together.