The Tonight Show... with President Obama

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  Special Guest

  President Obama chose The Tonight Show to get serious about the AIG bonuses, the economy and to defend Treasury Secretary Tim Geithner. But the POTUS and Jay Leno were still able to share a few laughs...

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  American Idol

  You know, I ran for President because I thought we needed big changes. I do think in Washington it's a little bit like "American Idol," except everybody is Simon Cowell. -- President Barack Obama

  Read the entire transcript here [14].

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  AIG's Big Joke

  I had to laugh the other day when the CEO of AIG said, 'Okay, I've asked them to give half the bonuses back.' Now, if you rob a bank and you go into court and you go, 'Your Honor, I'm going to give you half the money back.' -- Jay Leno

  David Swerdlick: Why Obama's punchline wasn't funny. [15]

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  Intimate Questions

  Let me ask you some personal things. Now, how cool is it to fly in Air Force One? -- Jay Leno 

  JIMI IZRAEL: The POTUS gets mixed marks. [16]

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  Signing Off

  Mr. President, I must say, this has been one of the best nights of my life. -- Jay Leno

  In case you missed the Tonight Show, read the entire transcript [14]here [14].

  related galleries

  Mr. Obama Goes to Washington [11]

  The Inaugural Obama Cutout Gallery [12]

  The NAACP at 100 -- A Photo Retrospective [13]