"Built to Self-Destruct"

Best thing I've read this week. A taste:

‘The Lomas Financial Corp. is a perfectly hedged financial institution: It loses money in every conceivable interest-rate environment.’

And I'm posting this without comment (which doesn't mean that I'm posting it without nearly killing myself in an attempt to choke back laughter).

(Apologies for the prolonged absence. Have just experienced the busiest three weeks I've had in literally years.)

Happy Thanksgiving to all you Hegemaniacs.

h/t Exposito