Monday, December 24, 2007

In another blog post by Cameron Crise 'True Gotham' from The Hedding Property Group. LLC. again wrote a nice poem on the current mess by 'Broker Joe' and 'Collaterlized Det Obligations (CDO)'. For starters, CDO is a kind of Financial engineered product of various debts, Broker Joe is the lightly referred to the broker who sells CDOs to the clients for Investment Banks...."Joe" is the brainchild of Cameron Crise, a 36-year-old American currency investor working in London for Dutch-Belgian financial conglomerate Fortis. The narrator of his poem chides pesky bankers who try to sell clients collateralized debt obligations and other foul-looking securities
Enjoy this really interesting & humorous blog by Cameron Crise..

Broker Joe!
Show me some flow
I need the dough!
I’m Broker Joe!
That Broker Joe!
That Broker Joe!
I do not like
That Broker Joe!
Would you buy my CDO?
I do not like them, Broker Joe
I do not like your CDO!
Would you like it here or there?
I would not like it here or there
I would not like it anywhere
I do not like your CDO
I do not like it, Broker Joe
Would you like to sell some yen?
I do not want to sell the yen
The big fat tail just kills my zen
If you don’t sell now, then when?
I will not sell it here or there
I will not sell it anywhere
I do not like your CDO
I do not like it, Broker Joe

For the complete blogpost, please see -

http://www.truegotham.com/archives/fun-dr-seusss-green-eggs-and-cdos.html?referer=sphere_related_content

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