Richard Shelby actually said...

We need a mechanism that can resolve very large financial organizations in a way that is orderly, that protects the rest from any systemic implications, but makes sure that their creditors and shareholders take losses.

Context

Senator Shelby emphasizes the need for a resolution mechanism for large financial organizations.

08/03/2009

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

More Richard Shelby Quotes

View All Richard Shelby Quotes