Barack Obama actually said...

"In the last few days, the alleged scandal at Madoff investor securities has reminded us yet again of how badly reform is needed when it comes to the rules and regulations that govern our markets."

"I'm confident that we can fix this."

"All we can do, those of us here in Washington is to help create a favorable climate in which workers can prosper, businesses can thrive and our economy can grow. And that is exactly what the recovery ..."

"For homeowners who are victims of fraud, I have also proposed a $10 billion Foreclosure Prevention Fund that would help them sell a home that is beyond their means or modify their loan to avoid forecl..."