First, the mainstream media, who have made no bones about transparently trying to make Obama look good, can just choose to not report it. It won't be the first thing, it won't be the last. They decide what's a story and what's not.
Secondly, while there are lots of intelligent liberals, a huge chunk of the Obama Nation are simply not capable of understanding any of this anyway. A serious business person who understands how bankruptcy law works, or in this case is SUPPOSED to work, probably isn't an Obama supporter anyway.