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  • How Much More Can Investors Take? [View article]

    CHARGE OF THE TARP BRIGADE

    (Charge of the Light Brigade, Alfred Lord Tennyson)

    (Modified by WilliamBanzai7)


    Half a trillion, half a trillion,
    Give or take 200 billion, onward!
    All in the valley of Balance Sheet Death
    Rode the seven hundred billion tax dollars.
    "Forward, the TARP Brigade!
    "Charge for the ABS Credit Default Swaps!" he said:
    Into the valley of Balance Sheet Death
    Rode the seven hundred billion tax dollars.


    "Forward, the TARP Brigade!"
    Was there a politician dismay'd?
    Not tho' the Congress knew
    Some guy named Hank had blunder'd:
    Their's not to make reply,
    Their's not to reason why,
    Their's but to do and die:
    Into the valley of Balance Sheet Death
    Rode the seven hundred billion tax dollars.


    CDOs to right of them,
    CDSs to left of them,
    AIG and the GSEs in front of them
    Volley'd and thunder'd;
    Storm'd at with Wall Street shot and shell,
    Boldly that load of Federal largesse rode and well,
    Into the jaws of Balance Sheet Death,
    Into the mouth of subprime contagion Hell
    Rode the seven hundred billion.


    Flash'd all the workout sabres bare,
    Flash'd as they turn'd in air,
    Sabring the asset backed losses there,
    Charging an army of tawdry bankers, accountants, and shysters, while
    All the world wonder'd:
    Plunged in the seedy subprime-smoke
    Right into the red numbers they broke;
    Lehman and Bear Stearns
    Spared from the sabre stroke
    Shatter'd and sunder'd.
    Then they rode back, but not
    Not the seven hundred billion.


    Subprime CDOs to right of them,
    Subprime CDSs to left of them,
    Fat Wall Street advisory fees behind them,
    Volley'd and thunder'd;
    Storm'd at with derivative losses, asset backed shot and shell,
    While level 3 zeros fell,
    They that had fought so well
    Came thro' the jaws of Balance Sheet Death
    Back from the mouth of subprime contagion Hell,
    All that was left of it?
    Nothing left of seven hundred billion!


    When can its glory fade?
    O the wild loss charges!
    All the world wondered.
    Honor the huge expenditures they made,
    Honor the TARP Brigade,
    Noble seven hundred billion taxpayer dollars.


    (TARP--Troubled Asset Relief Plan of 2008)


    williambanzai7.blogspo.../
    Sep 23 22:13 pm |Rating: 0 0 |Link to Comment
  • It's a Bull Market in Government Intervention [View article]
    Bernanke's Big Rock Candy Mountains

    (to the melody of Big Rock Candy Mountain)
    Lyrics By WilliamBanzai7


    One evening as the DOW went down and the ABX was burning
    Down the track came a banker hiking and he said boys I'm not turning
    I'm headin for a land that's far away from Wall Street's crystal towers
    So come with me we'll go and see the Bernanke's Big Rock Candy Mountains

    In Bernanke's Big Rock Candy Mountains there's a land that's fair and bright
    Where the handouts grow from the Bush bailout plan and you sleep sound every night
    Where the ABS books are all empty and the sun shines every day
    On the birds and the bees and the bonus trees
    Where the perrier springs where the squawk box sings
    In the Bernanke's Big Rock Candy Mountains

    In Bernanke's Big Rock Candy Mountains all the regulators have wooden legs
    And the shorts all have rubber teeth and the investors lay golden eggs
    The traders books are full of fruit and the bankers play all day
    Oh, I'm bound to go where there ain't no snow
    Where the rain don't fall and the wind don't blow
    In Bernanke's Big Rock Candy Mountains

    In Bernanke's Big Rock Candy Mountains you never sell your stocks
    And the little streams of Interest come a-trickling down the rocks
    The enforcers have to tip their hats and the bears and shorts are banned
    There's a lake of stew and of champagne too
    You can sail all around 'em in your custom yachts
    In Bernankies Big Rock Candy Mountains

    In the Bernanke's Rock Candy Mountains white collar jails are made of tin
    And you can walk right out again as soon as you are in
    There ain't no short handled shovels, no axes saws or picks
    I'm a goin to stay where you sleep all day
    Where they hung that jerk from Berkshire Hathaway
    In Bernanke's Big Rock Candy Mountains

    I'll see you all this coming fall in Bernanke's Big Rock Candy Mountains
    Sep 21 02:19 am |Rating: 0 0 |Link to Comment
  • Playing for a Bounce? [View article]
    Sympathy for the Shorts
    (Lyrics by WilliamBanzai7)

    Please allow me to introduce myself
    Im a man of wealth and taste
    Ive been around for a long, long year
    Stole many a mans nest egg and faith
    And I was round when Livermore
    Had his moment of doubt and pain
    Made damn sure that Milken
    Washed his hands and sealed his fate
    Pleased to meet you
    Hope you guess my name
    But whats puzzling you
    Is the nature of my game
    I stuck around AIG
    When I saw it was a time for a change
    Fired the CEO and his SVPs
    While Bernanke screamed in vain
    I killed a bank
    Was best friends with Hank
    When the markets raged
    And the cold Pizzas stank
    Pleased to meet you
    Hope you guess my name, oh yeah
    Ah, whats puzzling you
    Is the nature of my game, oh yeah
    I watched with glee
    While your investment banks bleed
    Fought for ten decades
    To kill paper they made
    I shouted out,
    Who killed the GSEs?
    When after all
    It was you and me
    Let me please introduce myself
    Im a man of wealth and taste
    And I laid traps for bankers
    Who get fired before they reach Mumbai
    Pleased to meet you
    Hope you guessed my name, oh yeah
    But whats puzzling you
    Is the nature of my game, oh yeah, get down, baby
    Pleased to meet you
    Hope you guessed my name, oh yeah
    But whats confusing you
    Is just the nature of my game
    Just as every banker is a criminal
    And all the investors saints
    As heads is tails
    Just call me hedge fund joe
    cause Im in need of some restraint
    So if you meet me
    Have some courtesy
    Have some sympathy, and some taste
    Use all your well-learned risk controls
    Or Ill lay your trading book to waste, um yeah
    Pleased to meet you
    Hope you guessed my name, um yeah
    But whats puzzling you
    Is the nature of my game, um mean it, get down
    Woo, who
    Oh yeah, get on down
    Oh yeah
    Oh yeah!
    Tell me baby, whats my name
    Sep 18 21:27 pm |Rating: 0 0 |Link to Comment
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