http://thehill.com/homenews/house/77953-gop-decries-phony-war-on-wall-street This article is exactly right. It's the Democrats 'phony war' on Wall Street.
President Obama received a chunk of contributions from Connecticut hedge funds early on and the likes of Tudor Jones and Soros were firmly behind him from the get go, all in all it would appear that the President's direction on the financial sectors woes was known so they chose their guy well.