In the 1870s, one ABS history says, a member of its own board of managers publicly declared the nonprofit had "doctored" its financialstatements to make it seem poor and to stimulate donations.
What normally happens is the owner overlooks the differences in behaviors and proceeds to make the purchase because the combined financialstatements are irresistibly glorious.
While brokerages are not required, for reasons that make no sense to us, to disclose their full financialstatements to customers, they are required to provide customers with summary financials.