George Soros is right

Check out this short article in on an interview with George Soros: "Soros calls Wall St. profits 'gifts' from state." He is absolutely right about this and it is entirely intentional effect of recent policy. That banks are being recapitalized in the process is the point (although its a tricky way of going about it), but why anyone deserves a "performance" bonus when their "profits" come from government fiat is beyond me. I guess we have to keep up the illusion...?