Richard Shelby actually said...

I think, Ms. Schapiro, that they are central to any regaining of trust in our securities industry.

Highlighting the importance of rating agencies in restoring trust in the securities market.

01/14/2009

More Richard Shelby Quotes

This concern is clearly not partisan, nor is it novel.

Well, any way you look at it, this is a colossal failure of the SEC.

Would they be liable for, either implicitly or explicitly, $400 billion or just for the $50 billion?

When I hear that an infrastructure bank will not cost the taxpayers a dime, I wonder why Federal resources and guarantees are needed.