Lloyd responds that he did do something wrong, but only that it was against his wife.
It shows what kind of person he is, that he seems to think that this should be sufficient to convince his patrons to keep supporting him. "Sure, I did something immoral, reckless, cruel, and thoughtless... but I did it to someone else." And the tired old canard of expecting him to be "perfect." This, from someone who makes his living making moral and ethical judgments on an entire organization, and who is trying to claim the moral high ground against his critics. He really is his own worst enemy.