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This reminds of when the chairman of Goldman Sachs said in an interview that he and his cronies were doing god's work. Apparently god's work involves making unjustified amounts money by gambling with other people's money and risking the health of the global economy.
The type of people who sympathize with the sentiment of the first letter are the type of people who are so out of touch that they assume that any criticism leveled at them is the result of jealousy. No animal is jealous of the pig that wanders into the farmyard and starts eating everyone else's food. They just want the pig to quit fucking up their shit. The pig, of course, doesn't understand anything but the pathological drive towards excess, is incapable of empathy with the other animals (see the first letter for a wealth of examples) so couldn't even begin to understand why the other animals don't like it. I realize that this analogy is flawed, but it's good enough for me.
We don't need these people for the economy to prosper. In fact, when these fuckers start to prosper, we should expect that the rest of the economy will soon be in the shitter. What we do need is to start encouraging investments, possibly via an exemption from a newly imposed prohibitively high tax on money manager profits, which have a potential positive effect of an investment on the overall economy. If someone is actually putting money into helping innovative entrepreneurs or loaning money to small businesses to expand then they should be held in higher esteem than someone whose job consists on betting money on whether mortgage holders will be able to pay their debts or whether their own customers will be dumb enough to do business with them.
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