Richard Shelby actually said...

"I believe one of the primary failings of the recent bailouts of the GSEs, AIG, and Bear Stearns was the intent of protecting any creditors from losses."

"As I have said many times and will continue to say, I believe that before we discuss how to modernize our regulatory structure, or even before we consider how to address the current financial crisis, ..."

"In the area of forensic science, Mr. Secretary, in February 2009 the National Academy of Sciences published its investigative report, quote, 'Strengthening Forensic Science in the United States: A Pat..."

"The fact that the regulators were put on notice through direct tips, press articles, and industry chatter raises serious questions about the state of our regulatory system."