Richard Shelby actually said...

"I hope you will not, once you flesh out your concept, it will be a TARP II or something like it. If it is, you are headed down the wrong road again."

"Unvarnished."

"the financial system remains badly damaged, and the economy has deteriorated sharply as it has become clear that TARP is not the magic bullet its supporters, Mr. Secretary, claimed it would be."

"I see the conceptual idea, but I don't see the details yet."