Tuesday, July 31, 2007

Ode to AHM

So Farewell
then
American Home
Mortgage.

Lenders to
those who
perhaps should
not have
Borrowed.

And borrowers
from those
who will
wish they
had not
lent.

Now,
With Margin
Calls Unpaid,
You could
have used no top-up, fixed-rate, I.O balloon financing
yourself.

4 comments:

Anonymous said...

Some appropriate Marketneyisms..


I say high, you say low
You say why, and I say I don't know
Oh, no
You say goodbye and I say hello
Hello, hello
I don't know why you say goodbye
I say hello
Hello, hello
I don't know why you say goodbye
I say hello

NCT looks most vulnerable

Anonymous said...

You want to add CR to your blogroll.

http://calculatedrisk.blogspot.com/

Cassandra said...

The Newcastle boys were spawned from the Bear Mortgage Machine, were they not?

Anonymous said...

I believe Newcastle is of FIG progeny.