Today, basically, on Wall Street, the big money is made by taking risks.

In today's regulatory environment, it's virtually impossible to violate rules.

You had a lot of novice investors who got into the market looking for easy money, without any regard to the fundamentals. These stocks were running on fumes.

Today, basically, on Wall Street, the big money is made by taking risks.

The nature of any human being, certainly anyone on Wall Street, is 'the better deal you give the customer, the worse deal it is for you'.

It's a proprietary strategy. I can't go into it in great detail.

All one great big lie.