But because he is the darling of the HN community (which seems odd, since many people here are interested in running startups), nobody cares.
I find the same thing happens with Al Gore. He made carbon credit laws that made him a billionaire and his supporters don't see this as filthy, corporate, greed. Yet, complain about the banks.
The only way to adjust business practices in a society that fetishizes deregulation is transferring money around. If the businesses can't/won't self-regulate, some action will be taken within the boundaries of what America will tolerate.
A much better action would certainly be to regulate, empowering the EPA and international health/safety standards bodies and skip over the middlemen entirely.
"He made X before, so Y must be Z"