Political Quotes

Richard Shelby: “I believe one of the primary failings of the recent bailouts of the GSEs, AIG, and Bear Stearns was the intent of…”

On the recordFebruary 3, 2009
I believe one of the primary failings of the recent bailouts of the GSEs, AIG, and Bear Stearns was the intent of protecting any creditors from losses.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby critiques the bailouts for protecting creditors from losses.

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