Lets Do the Subprime Warp Again! (Banzai7 Happy Halloween Post 1)

williambanzai7's picture Submitted by williambanzai7 on 10/24/2010 01:30 -0500

Alt-ACDOCollateralized Debt ObligationsMoral Hazard

TW

 

LETS DO THE SUBPRIME WARP AGAIN!

(Lets Do the TIME WARP, Rocky Horror Picture Show)

WilliamBanzai7

It’s astounding, markets are fleeting

Keynesian madness takes its toll

But listen closely, not for very much longer

We’ve got to regain fraudlulent control

I remember doing the Subprime Warp

Drinking those moments when

MORAL HAZARD would skip past me and the greed would be calling

Let’s do the Subprime Warp again…

Let’s do the Subprime Warp again!

It’s just a SYNTHETIC CDO to the left

And then a BACKSTOP SWAP to the right

With your hands on your FLIPS

You bring those TOXIC TRANCHES in tight

But it’s the ALT-A thrust that really drives you insane,

Let’s do the Subprime Warp again!

It’s so dreamy, oh fantasy free me

So you can’t see between the sheets, no not at allIn another financial dimension,

with decidedly fraudulent intentions

Well-deluded, I see all

With a bit of a REPO 105 flip

You’re there in the SHADOW SUBPRIME BANKING STRIP

And nothing can ever be the same

You’re spaced out on Quantitative Qualudes, like you’re under sedation

Let’s do the Subprime Warp again!

It’s just a SYNTHETIC CDO to the left

And then a BACKSTOP SWAP to the right

With your hands on your FLIPS

You bring those TOXIC TRANCHES in tight

But it’s the ALT-A thrust that really drives you insane,

Let’s do the Subprime Warp again!

Well I was walking down Wall StreetJust a having a think

When a snake of a Squid gave me an evil wink

He shook-a me up, he took my wallet by surprise

He had a Porche pickup truck and the devil’s eyes

He stared at me and I felt a change

Graham & Dodd meant nothing, never would again

LETS DO THE SUBPRIME WARP AGAIN!

LETS DO THE SUBPRIME WARP AGAIN!

It’s just a SYNTHETIC CDO to the left

And then a BACKSTOP SWAP to the right

With your hands on your FLIPS

You bring those TOXIC TRANCHES in tight

But it’s the ALT-A thrust that really drives you insane,

Let’s do the Subprime Warp again!

BN

 

RIP

 

Seed

 

KL

 

InM

 

KLB

 

ML

 

Squid

 

HC

 

 

LF

2B

 

MAG

 

RA

 

NTM

 

BZT

Sleep well…

WB7

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by Oligarchs Gone Wild
on Sun, 10/24/2010 – 01:51
#672996

    All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.

                              -Arthur Schopenhauer

BANSAI!

Login or register to post comments by williambanzai7
on Sun, 10/24/2010 – 01:58
#672997

I thank you very much for reminding me of that quote! 😉

Login or register to post comments by AUD
on Sun, 10/24/2010 – 02:41
#673011

You can’t say that Bankula is not the splitting image of Dracula.

Login or register to post comments by deez nutz
on Sun, 10/24/2010 – 04:58
#673051

“Subprime Horror Picture Show” is a Classic! – you can now post it every saturday at 12:00am for the next 4 years.  

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