Is Obama Wall Street’s Best Friend or Its Mortal Foe?: Ron Klain

July 26 (Bloomberg) -- Differences of opinion are theessence of politics; differences in factual analysis are usuallyless sharp. Yet one of the most interesting divides in publicdiscourse now concerns not a policy dispute, but differentperceptions of a “factual” question: How has theadministration treated the financial sector: Wall Street, thebanks and their executives?

This divide was on display last week, when Politicoreporter Mike Allen recounted a private meeting of Wall Streetexecutives in which many “said they were severely disappointedin the president,” and accused him of waging class warfareagainst them. “They said they didn’t understand what they haddone to deserve that,” adding that “a president shouldn’tattack his constituents -- he’s not the president of some people,he’s president of all the people.”