Well, the guy is acting perfectly rational within the established framework, isn't he?
In another thread, I was just taught this:
In my view, being "deeply entrenched in financial logic" (as you put it) simply means having a basic understanding of how our financial system works. Whether we feel the current crisis is a "sellout" or take the stance that Greece is getting exactly what they deserve is beside the point. Markets are indifferent to such opinions - the trick is to learn how to navigate and make the most of the (admittedly) broken system we have.
That's what Holder and people like him do, isn't it? They navigate a system. There never seems to be a lack of people cheering them on, either.