Richard Shelby actually said...

"If Congress had acted, taxpayers would not be subsidizing the pay of Fannie and Freddie executives."

"How does the compensation arrangement of Fannie and Freddie compare with that of AIG and other TARP recipients?"

"If at any point during the last 3 years the administration and the majority party had done more than talk about the need for reform, we might be looking at a very different picture in the housing mark..."

"Did Secretary Geithner or any of his representatives at Treasury express disapproval of the final structure of the executive compensation arrangement that you had proposed?"