abc News

The exchange was picked up by microphones as reporters were let into the room for remarks by the two leaders.

The exchange:

President Obama: On all these issues, but particularly missile defense, this, this can be solved but it's important for him to give me space.

President Medvedev: Yeah, I understand. I understand your message about space. Space for you…

President Obama: This is my last election. After my election I have more flexibility.

President Medvedev: I understand. I will transmit this information to Vladimir.

I belive everyone of you posted comments on this with the Russians also? Maybe not!