Outrage is brewing on Main Street at word that the Wall Street fat cats bailed out by taxpayers just a year ago are raking in $140 billion, even as average Americans lose jobs and struggle with soaring health-care costs, stagnant wages and a world of economic hurt.

“Wall Street is mocking us,” Robert Weissman, president of Public Citizen, a Washington consumer group, told the Herald. He expects populist anger to build when billions in bloated bonuses are handed out later this year.

“There will be much more rage and much more befuddlement that this could be going on within the year that the same industry has been saved by trillions of dollars of public support,’‘ he said.

The infuriating news that the same inept financial barons who...