Richard Shelby actually said...

The demise of Fannie and Freddie could have been prevented had the Committee acted sooner.

Shelby criticizes the Committee's inaction that led to the collapse of Fannie Mae and Freddie Mac.

03/08/2011

More Richard Shelby Quotes

runs with potential systemic impacts on the financial system

The reason that the NAV is solid at a dollar and not a gimmick or whatever is precisely because of the portfolios and the credit work to hol...

I also sitting up here as a Senator want to make sure that the taxpayers do not have to bail out anybody.

Money market funds have been an important source of short-term financing for businesses, banks, and State and local governments.