Richard Shelby actually said...

It seems to me that this is a black hole; in other words, we keep pumping billions of dollars into AIG.

Senator Shelby describes AIG as a financial black hole requiring continuous taxpayer funding.

05/19/2009

More Richard Shelby Quotes

I think there was quite a bit of misjudgment regarding asset quality, including the quality of mortgage-backed securities.

I think it is inexcusable.

The nominees for positions on the Federal Reserve Board, if approved, will face difficult and important decisions for the American economy.

I think that there have been a number of lessons learned, and there is clearly a lot of blame to go around.