Everything is securities fraud is just a subset of the general idea that everything is fraud. By which we mean, "every company is lying about things, all the ti

Everything is securities fraud is just a subset of the general idea that everything is fraud. By which we mean, "every company is lying about things, all the time". Turns out this is trivially true, because the game theory for rational corporations (and its executive decision makers) clearly suggests that on net, lying all the time is very, very profitable.