Richard Shelby actually said...

"I am not ungrateful for what the Fed did because it permitted us to untangle this."

"AIG insurers got the upside. The taxpayers got the downside."

"Given the taxpayers' dollars at stake and the impact on our financial system, this Committee has an obligation to thoroughly examine the reasons for AIG's collapse."

"If the American taxpayers' money is at stake, and it is, big time, I believe the American taxpayers and people in this Committee, we need to know who benefited, where this money went."