I'm no smart lawyer talking dude so I don't mean the word 'fraud' as a criminal accusation (though it might be!), but the last few days have basically put my jaw on the floor as "Wall Street just trying to make money" has been equated with "completely ripping off your clients" as if that's some sort of defense.
I know I'm repeating myself, but everybody who gets anywhere near these businesses are complete suckers. That's what the Very Serious People have been telling you for days. I guess we should believe them.
