Lets Do the Subprime Warp Again! (Banzai7 Happy Halloween Post 1)
Courtesy of williambanzai7
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 all In 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 Street Just 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!
Sleep well…
WB7