In 1981,30 yr Treasuries were paying 15%. But I didn't buy any. I wanted 16%. My hindsight continues to be far superior to my foresight.
One department,the Treasury, twists K Lewis"s arm to save the FDIC and takeover Countrywide. Then Justice nails them to the cross for the sins of Countrywide. BAC's lawyers should have demanded indemnity before takeover.
Rather than post nonsense every minute.,just short at the high and buy at the low.It's easy