Python - how to find all intersections of two strings?

Question

How to find all intersections (also called the longest common substrings) of two strings and their positions in both strings?

For example, if S1=\"never\"

Answer 1

def  IntersectStrings( first,  second):
x = list(first)
#print x
y = list(second)
lst1= []
lst2= []
for i in x:
    if i in y:
        lst1.append(i)
lst2 = sorted(lst1) + []
   # This  above step is an optional if it is required to be sorted      alphabetically use this or else remove it
return ''.join(lst2)

print IntersectStrings('hello','mello' )