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You are right - it is capitalism without ethics.
There was a brilliant advert in a magazine that exposes a lot of corruption like this in SA - called Nose Week. They had an advert for a motor manufacturer asking for bailout that went along these lines: "You did not buy our sh*tty cars, so now we will take your money anyway." It points out the absurdity of what happened with the bailout system. These same companies who took hard earned tax payer money - gave no mercy to suppliers who went under. They then retrenched large portions of their workforce. By allowing the abusers of capitalism not to fall - the Bush administration ended capitalism. Regardless of party politics - capitalism needs reform as does the political system.
Posted by gvnll