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MADOFF AND PONZI

PALM BEACH GOT RUN OVER BY MADOFF'S PONZI REINDEER

(Grandma Got Run Over By a Reindeer)

WilliamBanzai7 (aka Colonel Flick)

 

(chorus)

Palm Beach got run over by Bernie Madoff's Ponzi reindeer

Just two weeks before Christmas Eve

You can say there's no such thing as a Wall Street scamster

But as for we in America, we believe

 

He'd been chalking up bogus Alpha

So the SEC said he had to go

And as he waltzed out of his lair on Third Avenue

Defiant as he was, he said, "Positive returns, hell no!"

 

When they woke up yesterday morning

It was clear the Palm Beach clique had been attacked

May as well stick a note to their own foreheads

Saying, "Oh Lord, please give us our money back!!"

 

(repeat chorus)

 

Now we're all so proud of our regulators

They've been taking this so well

See them crammed in Madoff's office

Knowing that SEC Chairman Cox will soon be sent to pink slip h-e-l-l

 

It won't be a Merry Christmas thanks to Madoff

Nor a Happy Hannukah as well

And we just can't help but wonder

Dosn't all of Wall Street have that pungent Ponzi smell?

 

(repeat chorus)

 

Now that Madoff's books are on the table

See all the other asset managers dance a jig (Ah!)

And the bogus billion dollar earnings

That not surprisingly had been rigged!

 

Be forewarned all you rich country club investors

Better watch out for yourselves!

You should not be dreaming of serial Alpha

With hedge fund goofs who play golf better than yourselves!

 

(repeat chorus)

 

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Uploaded on December 17, 2008
Taken on December 17, 2008