diff -r f507feede89a -r 09a1c134465b web/wp-admin/includes/class-wp-filesystem-ftpext.php
--- a/web/wp-admin/includes/class-wp-filesystem-ftpext.php	Wed Dec 19 12:35:13 2012 -0800
+++ b/web/wp-admin/includes/class-wp-filesystem-ftpext.php	Wed Dec 19 17:46:52 2012 -0800
@@ -330,6 +330,10 @@
 			}
 		}
 
+		// Replace symlinks formatted as "source -> target" with just the source name
+		if ( $b['islink'] )
+			$b['name'] = preg_replace( '/(\s*->\s*.*)$/', '', $b['name'] );
+
 		return $b;
 	}