Richard Shelby actually said...

The spectacular failure of AIG sent shockwaves throughout our economy, and led to a $170 billion bailout by the Federal Government.

Highlighting the consequences of AIG's failure on the economy.

07/27/2009

More Richard Shelby Quotes

What would concern some of us up here on the GSE writedowns is that the GSEs would take the hit, ultimately the taxpayer now, since the taxp...

Well, that is the basic property law, isn't it?

Foreclosures remain, as the Chairman mentioned, at record levels.

I think you are right on that.