Richard Shelby actually said...

"There was a couple hundred billion dollars of dividends that got paid out of banks and bank holding companies leading up to the crisis that should never, in my view, have happened."

"This I believe is an appropriate time for this hearing as it comes at the end of Chairman Sheila Bair's 5-year term."

"Today, as you said, we will examine the State of the Federal Deposit Insurance Corporation."

"Wouldn't it be good policy in a free market economy to basically let the world know and the banks know and businesses know that if they fail they are going to be closed up?"