Richard Shelby actually said...

Trust in the banking system, especially Wall Street banks right now, it doesn't exist.

Shelby highlights the lack of trust in Wall Street banks during the crisis.

02/04/2009

More Richard Shelby Quotes

Mr. Chairman, if I could ask one more question on lender payments.

We know that.

It has to be done right, though. You will have some lawsuits.

Along these lines, it is my understanding of the legal--you have got a first mortgage, then you have got a second mortgage.