Richard Shelby actually said...

It was not really capital.

This I believe is an appropriate time for this hearing as it comes at the end of Chairman Sheila Bair's 5-year term.

Chairman Bair's time in office has been marked by the financial crisis and by profound changes in banking law.

Wouldn't it be good policy in a free market economy to basically let the world know and the banks know and businesses know that if they fail...