I've worked with people that went through code bootcamps. It's anecdotal, but even after 1 year+ spent working as a programmer lots of hand-holding still involved. More so than a typical "junior" hire that went through uni + internships.

I was originally keen on the idea of bootcamp hires because I've tutored a good number of people over the years but I'm beginning to see that it's closer to O'Reilly Cookbooks than SICP.

Edit: To be more topical, while I'm generally irritated by anything that could be perceived as nanny-state brigading I have a hard time working up any froth on behalf the bootcamps after the experiences I've had with their students.

Possible biases: didn't go to uni, self-taught programmer, some class-based baggage.