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grey shark

Bohemian Rhapsody ........cdo Style

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Lifted this from another forum , Queen classic from mid 70's , it's especially for all the CDO & MBS dreamers who have recently seen there financial wizardry turn to dust ...................

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 CDO's instead

Pulled the trigger, now it's dead

Mama - I had just begun

These CDO's 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! Bernanke! 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?

Peloton! No - we will not let you go - let him go Peloton! We will not let you go - let him go Peloton! 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 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

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

Any way the Fed goes.....

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As the credit crunch rolls on the anecdotes get better......here's one from Sept on Bloomberg.......now who's that guy called 'Margin' who keeps calling?

Sept. 27 (Bloomberg) -- A famous series of jokes uses the actor Chuck Norris, martial artist and star of ``Walker, Texas Ranger,'' as a paragon of masculinity and omnipotence. ``Guns don't kill people, Chuck Norris kills people,'' goes one. ``Chuck Norris doesn't get wet, water gets Chuck Norris,'' goes another.

Similar thinking can be applied to the current state of financial markets. Here, then, is the world of money recast in Chuck Norris terms.

Chuck Norris doesn't target inflation. He roundhouse-kicks it until it begs for mercy.

The Chuck Norris dollar buys 3 Canadian dollars, and trades at parity with the euro.

Chuck Norris doesn't supply collateral, only collateral damage.

The tears of Chuck Norris would supply enough liquidity to solve the credit crisis. Too bad he never cries.

When the yield on a Chuck Norris bond goes up, the price also rises.

Chuck Norris trades on fear and greed simultaneously.

Alan Greenspan calls Chuck Norris ``The Maestro.''

Chuck Norris has already banked his dividend payment from Northern Rock Plc.

Chuck Norris funds at Libor flat.

Chuck Norris Asset Management made 50 percent on its subprime mortgage-backed bond fund last month.

Chuck Norris doesn't borrow at the Fed's discount window. Chuck Norris LENDS at the Fed's discount window.

Chuck Norris's curves never invert.

Net income at Goldman Sachs Group Inc. rose 79 percent in the third quarter; profit at Chuck Norris Securities Inc. climbed 80 percent.

There is no market regulator. Just a list of securities Chuck Norris allows to be traded.

Chuck's iPhone never needs recharging.

Chuck Norris doesn't buy gold to hedge against inflation. Gold buys Chuck Norris to hedge against inflation.

Chuck Norris charges the Bank of England a penalty rate for borrowing. And guarantees its deposits.

Chuck Norris is the pilot Ben Bernanke calls when he wants to shower the economy with dollar bills. Sometimes, Chuck refuses to fly.

Chuck Norris gets ALL of his funding from the asset-backed commercial paper market.

Chuck Norris doesn't mark-to-market. The market marks to Chuck Norris.

When the U.S. economy sneezes, the world catches a cold. When Chuck Norris sneezes, the U.S. economy catches pneumonia.

When Chuck Norris makes you a price, it isn't an offer; it's an obligation to buy.

Chuck Norris isn't a market maker; he IS the market.

Chuck Norris can still get a 125 percent mortgage on a $2 million condo without providing proof of earnings.

Chuck Norris subprime collateralized debt obligations still trade at 100 percent of face value.

Chuck completed Halo 3 on his Microsoft Corp. Xbox 360 on the day before the computer game went on sale.

Chuck Norris has a trade surplus with China.

http://www.bloomberg.com/apps/news?pid=206...&refer=home

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Wait.....there's more:

'People try to bid things down, talking ’bout securitisation

Just because the market’s drowned, talking ’bout annihilation

All my bonds I hope get sold, talking ’bout remuneration

Hope I trade before I get old, talking ’bout my termination

My expectations, or humiliation baby?

In my situation I need medication baby!

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Lifted this from another forum , Queen classic from mid 70's , it's especially for all the CDO & MBS dreamers who have recently seen there financial wizardry turn to dust ...................

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 CDO's instead

Pulled the trigger, now it's dead

Mama - I had just begun

These CDO's 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! Bernanke! 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?

Peloton! No - we will not let you go - let him go Peloton! We will not let you go - let him go Peloton! 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 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

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

Any way the Fed goes.....

Absolutely brilliant!, i am quite sure someone could also do some lyrics for the 1973 Queen tune Liar, and then make it all about liar loans;)

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  • 295 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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