A quick note regarding our AIG Galtian executive: Jake DeSantis has a Masters of Science from MIT and worked at Los Alamos before becoming a derivatives trader. After six years he went to work for AIG. While he is undoubtedly very bright, I seriously doubt his financial knowledge is so deep, broad and irreplaceable that someone else can't do his job.
Some people simply want to believe that our elite are extra-special and worthy of endless respect and tax-payer dollars. More on that later.