Barack Obama actually said...

"Most of the stuff that got us into trouble was perfectly legal."

"Now, the question is, who in their right mind, when your company is going bust, decides we're going to be paying a whole bunch of bonuses to people?"

"And that is the forward-thinking purpose of the budget that I submitted to Congress."

"We want credit to flow again, but we just want to make sure that there's enough regulatory common sense in place that ordinary Americans aren't taken advantage of."