I really cannot say it better than Paul Krugman in this case:
A great piece about Wall Street rage
by Max Abelson. Basically, they feel underappreciated [sic]. How dare Obama
talk about fat cats, or suggest that runaway finance had something to do
with the mess we’re in?
Bankers are offended. They speak of betrayal. Feelings have been hurt.
Did our nation’s elite always consist of such spoiled brats? I don’t
think so. We’re in the new Gilded Age — but while the old robber barons
said “The public be damned”, the new ones say “Ma! He’s looking at me
And these are the Masters Of The Universe.