Richard Shelby actually said...

"I don't think we can give the power to override fully public bodies charged with issues like investor protection to the Fed."

"Some of these banks should be closed. Will they cost money to close? Will they send shock waves through the system? Absolutely. But if you keep subsidizing banks, when do you stop? Close them down. Ge..."

"Are you telling us and the American people that you believe that the Government, the taxpayers is going to recoup their money they have invested or they have loaned or given or whatever to AIG, billio..."

"Well, I hope you are right, but I believe you are totally wrong."