I read the transcripts and he did say swaps.
The borders of Israel and Palestine should be based on the 1967 lines with mutually agreed swaps,
As usual he did not define anything; you could take a million different interpretations of what he meant. I bet he did not mean to cause so many problems when he read it off the teleprompter.
What a bad week for Obama, when he expected to be still basking in the glory of killing Osama he gets bitch slapped by a Jewish guy on worldwide TV, has to help the press cover for him with the its always been about the 67 borders just in secret story, and then a bunch of big dollar donors tell him to pound sand. Ill bet he just cant wait until the meeting Monday when he has to face Netanyahu again.
Link to transcripts: http://www.guardian.co.uk/world/2011/may/19/barack-obama-speech-middle-east
Caution: reading the above transcript may cause dreariness and disorientation, do not operate heavy machinery while reading.
Bibi needs to tell Obama and any other idiot Presidents we may inherit that Jerusalem is not and will never be up for negotiation.