cuts for LEH

as gasps of summer,
sip away to a parched fall,
glass looks half empty

moody pay cycles,
leave strained, bloodshot eyes batting
over classifieds.

sorry, did you say $825?

in times of hurt, strife,
a golden goose affirms your
weight in its nest egg.

Global Macro you say?

that oafish stumbling
draws more cash; we hope piglettes
snuff truffle havens.

miners free from surface nukes

under charred lava,
rock of all ages stands tall,
strutting shiny glint

MS' Q3.

messy balance sheets,
but mostly a well made bed
for you to lie in.

Fine line for fine cheese.

cubelettes in the fridge,
as one ripens into brie,
is there stenched gruyere?

Credit Squished

uncovered rogue puts,
called upon by the coppers,
loose cash in coffers.

Hiring fre-e-e-e-z-e

Spotlight on Merril,
under siege by Mr. Freeze,
where us our dark night?

Leh's assets? Where they at?

in market trust games,
fire-sales and asset hawks,
quick fix? promise? please?

Cerberus & Carlyle, market dislocation heroes?

wise fee architects,
shove sleeves of debt into slough;
pray against pot-holes,

post-wheel, through disuse,
they hope foreign path nigh used,
cements their returns.

Singapore: beauty or beastly?

asia debutant,
kindles soft flame, but swiss see
her scorched, arid peau.

the right place becomes the wrong time.

the crowned gargoyle perch
is nipped, hacked. slim ratings see,
drought for winged wonder.

wary clients of UBS

trapped in a sand bar,
grain tickles the galoshes;
sucked out. swatted clean.

Offer Mer, Offer MS

ghost of xmas past,
here at this new york present,
to buy back our gift.

DB foreclosures..

troubled loan default,
will they hang on for dear life,
or notch a quick sale?

auction rate securites... going home for the winter.

EBITDA: easy.
Depreciation: easy.
But WHAT A BUYBACK!

free-falling freddie

waits did say its best,
miss analyst estimate,
the stock doth tanketh.

assurance at face value

toxic, noxious, filth,
words to describe queasy debt,
cometh mac, insure!