General Discussion
In reply to the discussion: President Obama does not work for you or us *anymore*, he is free to work for those he choses to [View all]Caliman73
(11,767 posts)Wall Street is people. Some are good people, trying to work ethically to maximize the investments of their customers and make a good living. Some are dishonest and will bend or break the rules to get rich. Wall Street is not one single entity, it is a sector of the economy that is governed by rules.
The problem is that some of the people who have the most power and influence in the investment, banking, and finance sector try to shape the rules to allow them to make more money and not sharing the fruits of the labor and capital we put into investments. It is up to the government to regulate that, which President Obama tried to do, but the President cannot act alone and he did not have much help in Congress.
He is speaking to people who work on Wall Street. He isn't going give them "all the secrets to screwing over the people".