Big Number, you make a reasonable and balanced argument, however, I understand curds original rhetoric has been toned down. Maybe he has learnt his lesson.
1. No one is promised guaranteed employment following a P2F. It is what it is. A chance to have a turn at flying a modern passenger aircraft and exercise the licences held in a Commercial environment.
I understand his advertising stated:
Once you have been trained, YOU will be a high quality commodity and we have several airlines waiting to sign you up as a direct entry First Officer with full salary and benefits.
Evidently those several airlines failed to materialise and easyjet was never one of them. In short curd is a snake-oil salesman, focussed on financial gain and when his P2F efforts fail to produce results he will look elsewhere.
I agree with your other assertions, but would add the caveat that people considering such schemes be fully aware of what they are signing up to and the debate here may encourage them to think likewise.