“Frankly, it’s an enormous relief to be dealing with [regulators] again rather than Congress, ” says a Wall Street executive.

In earnings news that had to have had many breathing a sigh of relief, Intel announced Tuesday afternoon that its first quarter, while admittedly difficult, beat Wall Street expectations.

The mahout pissed against the wall, turning his head up, arching his back, and exhaling in relief, as if it were the best thing he had done all day.