If you look at the great frauds of all time, Enron had that phantom trading floor. What Herbalife has is it has phantom or fictitious customers.
Auctions are bizarre combinations of slave market, trading floor, theatre and burlesque... a lot of people are going to be making a lot of excuses or maintaining that they were never part of this.
I loved working on Wall Street. I loved the meritocracy of it and the camaraderie of the trading floor.
