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.
Wall Street is one big turf war. By benefiting one person you are disadvantaging another person.
In today's regulatory environment, it's virtually impossible to violate rules.
Today, basically, on Wall Street, the big money is made by taking risks.
It's a proprietary strategy. I can't go into it in great detail.
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'.