Richard Shelby actually said...

"How do we bring securitization back? How do we do this? I mean, it is based on trust, and maybe it is a brick at a time. But it worked so well for so long."

"Without that, there is no trust out there, is there?"

"Unfortunately, the law that we passed in 2006 did not have time to take root before the problems that they were intended to remedy took their toll."

"Is it possible that ratings for certain instruments, such as more traditional bonds we have talked about, have a greater value as benchmarks than ratings provided for more complex and newer structured..."