The Fee Hand of the Market 0
An example of how the three-card monte works and of the integrity of our Galtian overlords, courtesy of a whistle-blower:
When BNY Mellon learned its practices might be scrutinized by investigators, Mr. Wilson alleged, the bank moved to hide its deception by altering its website, removing the words “free of charge” from the description of its foreign currency services.
At one point, Mr. Wilson told prosecutors, the bank was concerned that one client was about to hire someone “smart” . . . .
Read the rest at the Pittsburgh Post-Gazette.