Barack Obama actually said...

We need to give consumers more protection and more power in our financial system.

The goal is to make certain that taxpayers are never again on the hook because a firm is deemed too big to fail.

It is wonderful to be back in Cooper Union, where generations of leaders and citizens have come to defend their ideas and contest their diff...

That's why I feel so strongly that we need to enact a set of updated, commonsense rules to ensure accountability on Wall Street.