Schwab and Others Confirm Status as Casinos, Purveyors of Financial Opioids

Paul Rowady – “Ok. So, in order to avoid one of those vein-popping rants, I just want to remind that there is no such thing as a free lunch, that the retail brokerages are not charities, and that they will absolutely make up lost commission revenues in other ways, usually obfuscated way down in the guts of their workflow process where few people notice.”

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