Matt Taibbi had some similar things to say about this same topic, Nobody Should Shed a Tear For JPM.
And of course, Jon Stewart had a classic takedown of the apologists and spokesmodels for the Wall Street Banks on CNBC and Fox, among others.
Predatory and crony capitalism, as opposed to constructive and transparent capitalism, is a recurrent problem as described in Other People's Moneyby Louis D. Brandeis written in 1913.