Richard Shelby actually said...

Is this plan conceptually 180-degree turn from the Paulson plan? Or is it kind of the son of Paulson?

Senator Richard Shelby questions Treasury Secretary Tim Geithner about the differences between the new banking plan and the previous Paulson plan.

02/09/2009

More Richard Shelby Quotes

This just looks like the SEC failed the investor, not once, not twice, but four times, big time.

Where was the leadership of the Enforcement Division not just in Fort Worth but at the SEC here?

Were they counting beans? In other words, they wanted to count how many cases they had, they had solved...

So they failed big time in protecting the investor in both the Madoff and in the current Stanford case.