Haha, I totally get where you're coming from. From my perspective, I will say that compared to other "investments", I really felt like I could understand the risks with UST. I had money invested, but because I understood the mechanisms I understood how it could fail, and had an idea of the probability.

I wish it was possible to replicate this visibility for other investments - the lengthy "disclosures" are no where near as useful as full visibilty into market mechanisms, and real time data on assets / liabilities.