Carl Levin actually said...

The answer is here from a supervisor, it doesn't make any difference that their collateral is not performing well.

Should a CDO which is expected not to perform be given a AAA rating?

Would you all agree with that, it would be riskier if there was no verification of income?

From my personal perspective, it is something that I would have wanted to know, because it is more of a qualitative not a quantitative asses...