Richard Shelby actually said...

I think a good point he made, that unlike the Madoff issue, here you actually had examiners.

Shelby highlighted the SEC's prior knowledge of Stanford's potential Ponzi scheme compared to Madoff's case.

09/21/2010

More Richard Shelby Quotes

The American people can stand the truth. They can stand the truth.

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

We need to be vigilant, I believe, that banks are not pressured to lend to politically favored borrowers, either side.

The American people, as you well know right now--you can see it in polls, you can just go home, any of us can--they don't trust the TARP pro...