Bohemian Rhapsody, the Wall Street re-mix

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For those of you who been following the whole sub-prime meltdown on Wall Street and the spectacular collapse of legendary investment bank Bear Stearns this week… a Bear Stearns employee has re-mixed the lyrics of the song “Bohemian Rhapsody” to describe the current fiasco on Wall Street:

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SING TO THE TUNE OF ‘BOHEMIAN nRHAPSODY’ BY QUEEN

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Is this the real nprice?

Is this just nfantasy?

Financial nlandslide

No escape from nreality

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Open your neyes

And look at your buys and nsee.

I’m now a poor nboy (poor boy)

High-yielding ncasualty

Because I bought it high, watched it nblow

Rating high, value low

Any way the Fed goes

Doesn’t really matter to nme, to me

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Mama – just killed my nfund

Quoted CDO’s ninstead

Pulled the trigger, now it’s ndead

Mama – I had just nbegun

These CDO’s have blown it all naway

Mama – noooh-hoo-ooo

I still wanna nbuy

I sometimes wish I’d never left nGoldman at all.

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(guitar solo)

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~~~

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I see a little silhouette of a nFed

Bernanke! Bernanke! Can you save the nwhole market?

Monolines and munis – very very nfrightening me!

Super senior, super nsenior

Super senior CDO – nmagnifico

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I’m long of subprime, nobody loves nme

He’s long of subprime CDO nfantasy

Spare the margin call you monstrous nPB!

Easy come easy go, will you let me ngo?

Peloton! No – we will not let you go n- let him go

Peloton! We will not let you ngo

(let him go !)n

Peloton! We will not let you go – nlet me go

Will not let you ngo

let me go (never) Never let you go – nlet me go Never let me go – ooo

No, no, no, no, No, NO, NO ! –

Oh mama mia, mama mia, mama mia let nme go

S&P had the devil put aside

for me

For  me, for me, for nme

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~~~

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So you think you can fund me and nspit in my eye?

And then margin call me and leave me nto die Oh PB – can’t do this to me

Just gotta get out – just gotta get nright outta here

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Ooh yeah, ooh nyeah

No price really nmatters

No nliquidity

Nothing really matters – no price nreally matters to me

Any way the Fed ngoes…..

A big hat tip to Barry Ritholtz of The Big Picture!

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