Richard Shelby actually said...

For taxpayers to be fully repaid, General Motors' market capitalization would need to increase by about 14,000 percent--14,000 percent.

Senator Shelby highlights the improbability of GM repaying taxpayers based on its current market capitalization.

09/23/2009

More Richard Shelby Quotes

the most significant thing many of us will do while serving in the U.S. Senate.

I personally believe this represents a grossly inflated view of the Fed's expertise.

Accountability at the Fed--Mr. Secretary, the Federal Reserve System was not designed to carry out the systemic risk oversight mission the a...

When the Detroit Three came before this Committee to ask U.S. taxpayers for bailout money, they cited the financial crisis as the reason for...