Micro: I second your opinion. It is never a good argument when caught to say, "Well, everyone was doing it." That does not lessen the culpability, even if true.
The folks who lost big time because of their faith in Wave and its mgt are every bit equal victims as Bernie Madoff's scam--just the amts were different--blatant lies and deception were the modus operandi at both Wave and Madoff's 'fund.'
I'd agree Bill Solms has only extended the dishonorable Wave tradition of never meeting a single goal he himself set, just like SKS before him. Together, they form more than a decade of damage, deceit and non-performance, while promising prosperity and profitability and achieving neither.
It matters not what others might have done--the deeds of the Wave miscreants belong to them and is neither mollified nor mitigated by the actions of others, elsewhere.
Blue
