Richard Shelby actually said...

"Given the taxpayers' dollars at stake and the impact on our financial system, this Committee has an obligation to thoroughly examine the reasons for AIG's collapse."

"I am not ungrateful for what the Fed did because it permitted us to untangle this."

"The Fed and Treasury can be secretive for a while, but not forever."

"I also hope that today's hearing will shed new light on the origins of our financial crisis as well as inform our upcoming discussions on financial regulatory reform."