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What about the hundreds of billions of dollars union pension funds have invested in wall street investments? No complaints when their investments in these same companies that they demonize are profitable?
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Nobody complains when you invest in a company and it is profitable, and most people can take a company not being profitable.
But that's not the way to make money on Wall Street for some time now. That's the point and why people are angry.
The way big money is made now is not purchasing stock in companies, but buying and selling packages of crap like mortgage derivatives. No longer is it buying and selling hard assets and business acumen.
You have Wall Street companies that sell stuff to their investors, then the company takes the short position. And it hasn't been the investors making money.