The White House Against Regulating Wall Street Derivatives

I heard on NPR 'Business Report' that Wall Street will be trying hard to eliminate the new regulations on trading derivatives from the final congressional bill (derivatives are a big part of what got us in this economic mess to begin with).  And then, they said that the White House agrees with them.  Figures.  Obama and his crew are in the banker's back pocket, I swear.  It infuriates me.