The ability of the financial sector to put their hand in my pocket without my consent is deeply disturbing. I would make a distinction certainly between venture capital and investment banks. Venture capital is a crapshoot. It's a long shot. Most businesses that start don't succeed. In Silicon Valley, you either make an enormous amount of money or you lose it all. And no one bails you out ever. The evidence strikingly shows that moral hazard was actually pretty weak.