Political Quotes

Richard Shelby: But aren't a lot of the problems that we have encountered that insurance, and, of course, banks, too, are involved in…

On the recordJuly 27, 2009
But aren't a lot of the problems that we have encountered that insurance, and, of course, banks, too, are involved in things without adequate capital to back up what they are involved in, the risk that they take?
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby questions the capital adequacy of banks and insurance companies.

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