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Posted 07/21/2010 By Matt Stichnoth

AND WHO WANTS TO SPEND A DAY IN D.C. IN JULY IN THE FIRST PLACE?

Oh, that classy White House. An unnamed Wall Street executive tells CNBC how the Obama administration must have decided to dole out the invites to today’s bill signing:

"Basically, the White House made the decision to invite only the banks that were most sycophantic in the run-up to the passage of Dodd-Frank.”

Some things you can just depend on. . . The logic of the decision eludes me, however. The White House comes off as petty, Jamie and Blankfein come off as stalwart defenders of shareholders and employees, and Vik Pandit comes off as a putz. I doubt this is the effect the Obama people were looking to create. . . .

12:25 PM

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