[JasonC]

I have, I do OK. But the Fed can arb things I can't. If I decide tomorrow that Goldman is at worst a 6% rate risk, I can put a tiny amount of capital down on that bet. But the Fed can make it true.

[jblair]

Jason, interesting thoughts. Recommend some reading material, if you would. Thanks.

[tcostell]

The fact that you say something like that tells me that you've never mqanaged a large amount of money (meaning more than 100 million). When you do control that amount of case, you realize very quickly that your decisions are constrained by things which aren't readily apparent to people who don't.

Apart from having TONS of unintended consequences, your idea would never work.