My FAS update
To all the people I've been taunting about FAS, an update: I've sold most (but not all) of my FAS Monday afternoon, realizing a >40% gain, plus a handful of FAS shares that are basically free. If FAS goes to 50, I'll have another huge gain on my hands. If FAS goes to 0, I'll still have my original big gain.
I preceptualize that none of you ever again doubt the power of poor gov't policy to enrich the few.