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Author Topic:   A Banker's Christmas
YoursTrulyAlways
Knowflake

Posts: 4339
From:
Registered: Oct 2011

posted December 20, 2012 11:34 AM     Click Here to See the Profile for YoursTrulyAlways     Edit/Delete Message   Reply w/Quote
No, I can't take credit for these.


Walking in a Credit Wonderland

High-yield bonds, are you listening?
Leveraged loans, covenants missing
A beautiful sight
We’re indebted tonight
Walking in a credit wonderland.
Gone away is the default
Multiples, now exalt
Maturities extended
Covenants amended
Walking in a credit wonderland.
In the vacuum we can lever up
And pretend the risks have gone away
Just be sure to buy a national champion
With plenty of political sway!
Spanish banks now are ailing
But they daren’t attempt bail-in
The sub debt is cheap
The price discount is steep
Walking in a credit wonderland.
The risk department doesn’t like the name
They think they could be short liquidity
But the lenders can’t afford to lose their claim
They’d rather roll than have to face reality!
Never mind the balance sheet
Credit ratings? Obsolete!
Valuations misjudged
Capital needs soon fudged
Walking in a credit wonderland.
Four percent, ain’t it thrilling
Though your clients must be willing
We’ll load up the boat,
Defaults seem remote,
Walking in a credit wonderland.

Jingle Bells (Fiscal Cliff Remix)

Dancing on the edge
Of the looming fiscal cliff
Impossible to hedge
The politicians’ tiff.
It’s spending cuts we need
To cut the deficit
But taxes too must rise
That much is definite!

Fiscal cliff, fiscal cliff
Drama all the way!
Surely sense will soon prevail
And help them meet halfway? Hey!
Fiscal cliff, fiscal cliff
Washington at play
With Congress so polarized
Who knows which way they’ll sway?

Obama wants a rise
In tax rates for the rich
Yet Boehner’s compromise
Still can’t help decide which!
Republicans are bound
By Norquist’s famous pledge
There’s little common ground
Will we fall off the edge?

Fiscal cliff, fiscal cliff
Drama all the way!
Surely sense will soon prevail
And help them meet halfway? Hey!
Fiscal cliff, fiscal cliff
Washington at play
With Congress so polarized
Who knows which way they’ll sway?

On the spending side
The problem’s Medicare
We simply can’t provide
Now baby boomers have grey hair!
Republicans want cuts
A trillion, maybe more
But Democrats will not discuss
Their favorite candy store!

Fiscal cliff, fiscal cliff
Drama all the way!
Surely sense will soon prevail
And help them meet halfway? Hey!
Fiscal cliff, fiscal cliff
Washington at play
With Congress so polarized
Who knows which way they’ll sway?

The outlines of a deal
Are plain for all to see
No! False alarm! It’s been revealed
They’re going for Plan B!
This posturing is mad
And if that’s vetoed too
They’ll have to start a clean scratch pad
Unless there’s some breakthrough!

Fiscal cliff, fiscal cliff
Drama all the way!
Surely sense will soon prevail
And help them meet halfway? Hey!
Fiscal cliff, fiscal cliff
Washington at play
With Congress so polarized
Who knows which way they’ll sway?

Too late, we’ve fallen off
Let’s hope we bungee jump
Otherwise this trough
Will turn into a slump!
Hooray! The cliff’s been fixed
With short-term compromise
Too bad it’s in the abyss beyond
The real problem lies!

Fiscal cliff, fiscal cliff
Politics in play!
The only thing they have in mind
Is the next election day! Hey!
Fiscal cliff, fiscal cliff
Isn’t politics great?
They've left us now in such a mess
We’ve no choice but to inflate.

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juniperb
Moderator

Posts: 5659
From: Blue Star Kachina
Registered: Apr 2009

posted December 20, 2012 11:55 AM     Click Here to See the Profile for juniperb     Edit/Delete Message   Reply w/Quote
Little Drummer Boy



Come they told me, pa rum pum pum pum
A new born King to see, pa rum pum pum pum
Our finest gifts we bring, pa rum pum pum pum
To lay before the King, pa rum pum pum pum,
rum pum pum pum, rum pum pum pum,


So to honor Him, pa rum pum pum pum,
When we come.

Little Baby, pa rum pum pum pum
I am a poor boy too, pa rum pum pum pum
I have no gift to bring, pa rum pum pum pum
That's fit to give the King, pa rum pum pum pum,
rum pum pum pum, rum pum pum pum,

Shall I play for you, pa rum pum pum pum,
On my drum?

Mary nodded, pa rum pum pum pum
The ox and lamb kept time, pa rum pum pum pum
I played my drum for Him, pa rum pum pum pum
I played my best for Him, pa rum pum pum pum,
rum pum pum pum, rum pum pum pum,

Then He smiled at me, pa rum pum pum pum
Me and my drum.




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We need to listen to our own song, and share it with others, but not force it on them. Our songs are different. They should be in harmony with each other. ~ Mattie Stepanek

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lalalinda
Moderator

Posts: 2813
From: nevada
Registered: Apr 2009

posted December 20, 2012 01:43 PM     Click Here to See the Profile for lalalinda     Edit/Delete Message   Reply w/Quote

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"For all those who believe, expect a miracle.”
Linda Goodman 1925-1995

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