Wednesday, March 19, 2008

Wed 3/19/2008 2:15pm

bear stearns' new anthem
(not sure who wrote this, but it landed in my mailbox)



...To the tune of Bohemian Rhapsody:

Is this the real price?
Is this just fantasy?
Financial landslide
No escape from reality

Open your eyes
And look at your buys and see.
I'm now a poor boy
High yielding casualty

Because I bought it high, watched it blow Rating high, value low Any way the Fed goes Doesn't really matter to me, to me.
Mama - just killed my fund
Quoted CDOs instead
Pulled the trigger, now it's dead

Mama - I had just begun
These CDOs have blown it all away
Mama - oooh
I still wanna buy
I sometimes wish I'd never left Goldman at all.

I see a little silhouette of a Fed
Bernanke! Benanke! Can you save the whole market?
Monolines and munis - very very frightening me!
Super senior, super senior
Super senior CDO - magnifico

I'm long of subprime, nobody loves me
He's long of subprime CDO fantasy
Spare the margin call you monstrous PB!
Easy come easy go, will you let me go?

! No - we will not let you go - let him go ! We will not let you go - let him go ! We will not let you go - let me go Will not let you go
- let me go (never) Never let you go - let me go Never let me go - ooo No, no, no, no, no, no, no - Oh mama mia, mama mia, mama mia let me go S&P had the devil put aside for me for me, for me, for me bridge> So you think you can fund me and spit in my
eye?
And then margin call me and leave me to die?

Oh PB - can't do this to me PB
Just gotta get out - just gotta get right outta here Ooh yeah, ooh yeah No price really matters No liquidity Nothing really matters - no price really matters to me Anyway the Fed goes...

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