Barack Obama actually said...

"What we believe is that there should be some way of arriving at a fair settlement that respects the fact that there were rules in place."

"What we believe is that there should be some way of arriving at a fair settlement that respects the fact that there were rules in place."

"If we can extend a hand to banks on Wall Street when they get into trouble, we can extend a hand to Americans who are struggling, often through no fault of their own."

"the need for a process that identifies systemic risks to the financial system."