OT: Bankers Blues

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foxwolfen
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2008/09/15 18:14:10 (permalink)

OT: Bankers Blues

With Fannie and Freddy gone, Bear Stearns gone, Merril Lynch swallowed up by BOM, Lehman Bros filing for CH 11, AIG teetering on the brink I am thinking we need a song about the downturn in fortunes of those with fortunes. The sad part is, all the small shareholders will loose everything, while others will profit from their fall in ways and amounts that are almost beyond imagination. The scary part is that this reduces competition and makes the surviving banks much more powerful.

I was not around during the great depression, but this is starting to look similar.This is making the dot.com bubble collapse look like a minor blip on the charts. Fortunately there is no massive drought to further weaken things.

We got the banker blues
if you invested money
they you will loose
your house, your car
you can't go far
coz the repo man
knows where you are.

Go ahead add a verse
post edited by foxwolfen - 2008/09/15 18:16:45

A scientist knows more & more about less & less till he knows everything about nothing, while a philosopher knows less & less about more & more till he knows nothing about everything.

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