I think the way that the financial industry has acted in the past 5-10 years can really be described as unethical. Because it has the possibility to cause so much harm and the fact that people are not qualified often to judge whether they are being screwed or not is the reason why people have to be protected. There really is a problem of asyncronous information between the consumers of financial services and the providers of such services. Its the same reason why other industries are regulated because the market cannot function as efficiently without it.
Tease.







