Richard Shelby actually said...

Is it mind boggling to you, as you did your research and investigation here, that a fraud of such magnitude, $50 billion or more--I assume one of the largest the SEC has ever dealt with or failed to deal with--how could it have happened, right?

Context

Senator Shelby questions the SEC's failure to detect a massive fraud.

09/09/2009

https://www.congress.gov...

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