Carl Levin
The Public Record
Carl Levin was a prominent American politician who served as a United States Senator from Michigan from 1979 until 2015. A member of the Democratic Party, Levin was known for his leadership on the Senate Armed Services Committee, where he played a key role in shaping U.S. military policy and defense spending. Throughout his tenure, he was an advocate for various issues, including environmental protection and consumer rights.
Jul 21, 2014
So how can Franconia make an independent judgment of the experience and expertise of RenTec?
Jul 21, 2014
I have a few questions for the GAO, but, we will now hear from Senator McCain.
Jul 21, 2014
It is also something they are representing to the SEC that they do not control it.
Jul 21, 2014
To both you, Mr. Malloy and Mr. Ramakrishna, your banks' profits from the options came from financing and transaction fees. Is that correct?
Jul 21, 2014
Yes, I could not agree with you more as to who the beneficial owner was of this account, who got the profits and losses, who made the decisions on what to buy.
Jul 21, 2014
Senator Johnson, whenever you are ready, let me know. I would be happy to yield to you...
Jul 21, 2014
Did you understand that Mosel, which signed the agreement with you, owned by RenTec, representing to you that it is not going to make decisions?
Jul 21, 2014
If that is your definition of 'independence,' I would like to find a dictionary.
Jul 21, 2014
More significantly, Renaissance is signing a deal with itself, and the company is such a shell that you, as an executive officer of RenTec, sign all of the papers.
Jul 21, 2014
Is this a serious representation when you tell the SEC that you do not control Palomino?
Jul 21, 2014
And would you agree that the reason that they put that in there is to give the appearance that the activity is not Renaissance's but the banks?
Jul 21, 2014
The banks and Renaissance claim that Renaissance is independent from the fund when it is acting as investment advisor to the banks.
Politicians like Carl Levin
