Richard Shelby actually said...

"I believe that we must have a fair, open, and honest Air Force tanker acquisition process."

"There is no system that is built to withstand an insolvency the size of the notional value of the credit default swaps AIG was invested in."

"The circumstances that permitted AIG's securities lending operation to potentially threaten the solvency of several of its insurance companies and their counterparties suggests that our regulatory sys..."

"Federal Reserve Chairman Ben Bernanke has discussed publicly the inadequacy of our insolvency regime for large global financial conglomerates, such as AIG."