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!

Lazard, a shiner!

maybe the advice,
without sloshes of sweet debt,
is just, rather, good.

A grumpy Moody

blame game commences,
its just like grade inflation,
but with your money.

moves to offload

a prized, bronzed swimmer,
struggles to remain afloat,
at twenty two cents

KKR Public?? Almost..

a sleuthlike listing,
shall not evade slacks of scorn,
smiles and scrutiny

re: jan 6 hedge funds. we love them through thick and thin

plucky pension plans,
pledge penny promises, all
is love and caring.

global macro sought,
or buy-side, or short & sulk,
dawdle away sirs.

is this the nadir?

funny how some folks,
at precipice's edge, spot
the bottomless dark.

hope A-B shan't be missed

commodity strains,
pricey fuel and costly grains,
soldier on, slake us.

stay on your feet, here comes the Regulator's Obstacle Course

a strong gpa,
but the swiss master might still
give him detention.

crunch down under

a slight nip of news,
nothing wrong with our sinews,
profit we might lose.

The conspirer's stalking horse has emerged.

mere advisory?
a leave of absence? will they
screech "nepotism?"

finance woes simmer;
masking a fast emerging
omnivoice. goldmen.

a moth eaten incumbency?

neither here nor there,
some would say its only fair,
hold hands, kiss, make up.

was it all enlightenment hubris before the dark times?

the fourth straight for third,
funny how relative news,
shines signs of good health.

zing! demoted.

years of green feasting,
undone by a few bank runs,
unlucky downgrade

13,000 and climbing?

that which is spoken,
assuages hungry mouth,
dow's harvest is due.

Mars chomps up Wrigleys?

adding chewing gum,
to sticky toffee pudding.
Time to seek dentist.

mouthwatering arbitrage theory?

with oodles of shorts,
are days numbered? uncovered?
Matador seeks bull.

Start of a vernal bond market season?

after months of buzz,
have the bond beehives fashioned,
suckled honeycomb?

having the measure of crosstown rivals

a porous pocket,
serves a better purpose than,
a leaky bank vault.

Awaiting Merrill's restrained resurgence

their ticked tonsils,
vomit up jobs, as they hope
for a fit summer.

Citi: $ loss, job loss.

sullen moods, except
accepted ineptitude,
as one expected.

Pretty Dress for a New Infrastructure Debutant

Goldies fly Mach 2.
Will economy's yaws, rolls,
affect safe cashflows?

Delta+NW

merger in the skies,
parched, oilless landscape below,
stench of a downturn

scared-white xmas for the fed this year?

as chilled blasts return,
lehman hides its gift, under
the Fed x-mas tree

Soup for Paulson's goldilocks

fears of im-prosper,
just tripped up our golden snitch,
cuddle your nest egg

a paradoxical science

as the weather sweats,
economy treads thin ice,
thoughts of a chilled doom.

boarding school for the debt-babies

shunting debt upon
those with once-smarmy coffers,
be back next summer.

Annuling a once-healthy relationship

our snappy gator
grows too large and eats too much,
flush it down the drain!

extending liquidity to the titanic

lifejacket loans splash,
among financial icebergs,
light attracts 'tension.

l33t Hunter acquires new pets.

welcome additions
to Tata's menagerie:
Jaguar, Rover.

swallowing the Bear Necessities

gulping digestive
poison pills, whilst clutching at
runaway sirloins.

another one bites the dust

iced credit markets,
rapaciously sink one more;
clear channel skates thin.

a bit of old gold re: Yahoo & monetising Liberia

negotiations:
how to slink your golden goose,
across the table.

bank run or coincidence?

reading the tea leaves?
coerced by nostradamus?
bear hung out to dry..

never mind the recession

maudlin medicare,
sunk social security,
poor starving kiddies.

who's on first?

with revised offers,
they're bidding against themselves,
no clear winner huh?

Approval for the JPM-BSC civil union?

some dowry squabbles,
marital cold-feet drama,
federal blessing.

a generally poor standard

leaking putty pipes,
to me at least scream "good fix,"
not SNP though.

Spring Break: the sunny sky injection of unproductive adrenalin

with a royal link,
easy access to chests of
Gold, who needs Bear Stearns?

reconvening of the tuesday morning sewing circle

old dogs pray caution,
while young terriers yap on,
"no recession yet.."

Club Mac

unfettered by crunch,
a lovely feta matures,
with bold, luscious taste.

unforbidden fruits of communication.

in search of lost souls,
locked amidst deathly grapples,
blackberries? apples?

back rubs and dole collections

Unexpected loss,
jettisoned jobs, scuttled ships,
banks don life jackets.

more stamping and huffing b/w boeing, airbus and co.

cournot bickerings,
o'er which state nicks oil pennies,
ne'er mind the tankers.

back to the financial playground... but the seesaw is broken

as pinched noose strangles,
neglected margins are missed,
the grim reaper lurks.

CDOs to VIEs: loaded acronym firearms.

the bullet dodgers,
having eyed up the rifles,
now face the muskets.

the visa ipo

amidst market chow
and choux-pastry promise, look:
largest eclair ever!

heating up our old hedge fund flames.

a pinch of sweet snuff,
gave us the ultimate high.
now seized. more seizure.

Fears for the economy.

killed the cretan bull,
still hath fair heracles done
his twelve labours well.

what's that you've got behind your back? a lady godiva?

Bender, cock and hen,
bubble-backed commercial notes,
sting us yet again

What if Sting never managed to convince Roxanne?

Thought it was good news,
but she has donned her red light;
and put on make up.

still playing minesweeper.

lehman's year thus far,
earns dodgeball crown, but still they're
on the isle of wight.

How do you think he does it?

never tilts at all,
he always gets a replay,
king of silver ball.

a tale of swiss fortunes.

while one lost its watch,
the other smirked, having pawned
a small prized cuckoo.

we're still at school, so we had to take a break for midterms.

unsolicited
it is. but trust us, don't throw
your toys out just yet.

A German invasion of New York

if blitzkrieg don't work,
fork out a yankee loan and
wait for botched refi.

ICBC #1 by Market Cap

a new world order,
chinese piglet babes are the
darling prizewinners.

MS' epic powerlevelling!

when your pally gets
his hand in the biscuit tin,
you downgrade his ass!

never a fair price

countrywide's tasty
carrot, tempts the labouring
american ass.

no trader is mutually excluded.

whilst chilling with the
trader joes, our fed also
made new friends today!

more rate-cut news.

sharp lines are drawn, to
steer the drunkard horse, toward
hyperinflation?

there's an episode of the three stooges that comes to mind.

grease up the engine,
abdication of prudence,
financial soros

the last state of the union.

going to bollocks?
Out with fiscal prudence, I
want my money NOW!!

no more alliance with blackstone?

a dropped buyout leaves
blackstone in outpatient ward,
passing kidney stone

Beer-échecs

English opening,
zugzwang, scotch-geordie gambit,
mate by euro blitz

SG troubles.

Chateau Vertheflore:
ventures into barings strait,
brought a chilly doom

Further boosting of capital

citi's new meal plan:
fastrack to freshman 15?
investors hope so..

does creditsquish fancy picnic baskets?

lucy rushed toward
the swing set: "Guess who I saw
making out today?"

from a weather haiku friend.

a pugnacious rip,
the scythe of recession looms,
cometh the cold lust.

credit goes to Dan S. for this one:

wall street is grey slate,
and will be for six more months,
just like my cold heart.

election year recession?

a spoonful of whey,
shapes pudgy economy
into firm muscle?

fishing from the other side

as the men in boats
twitched at the slightest of tugs,
they drew sunken boots..

a conspiracy?!?
who told Goldies that fish bite,
off the other side

New York tourism record

slippy US dollars are
canadian saccharine
told you so, didn'I?

re: Bank of America and Countrywide

amongst good whisper,
we hear admiral ackbar's
guffaw: "its a traaaaaaaaaaaaaap"

a haiku-couplet?

perky piglet snouts,
slick hunters of street truffle,
tickled by fresh scent

amid barren debt,
will this lush crop yield forth a:
vernal Blackstone spring?

Calpers: turning slivers into silver linings

a ten percent stake,
saved fees, a public listing?
sowing a shrewd seed.

Are investors fleeing to gold?

gold: lustily high,
almost nine hundred. Junk bonds
will be the new bling!

Tread carefully.

Banks seek foreign aid,
shore up dykes with capital,
levee's gonna break!

Is there a fire sale for the Rock?

Nor'n on the rocks,
shaken, not stirred, with a twist.
Just four hundred pence

Star needs big bucks!

he screeched "MY LATTE!"
time to reinvent the bean,
Schultz is back in town.

5 alarm hedge fund

Their oafish dawdles,
to us are merry gambols,
swoon for them we will.

An arhythmic sonnet for Mr. Bernanke

Inside Eccles; they surmise, calculate, our hardship, the quiver of recession. Inflation’s pungency they postulate, will a cut of .5 show compassion?

Christmas shoppers to their beseeching eyes
Swell the tills, as aides to scanty credit,
A monster that through hubris we surmise
Left many a lender holding debit

Not today, nor later will a write-down,
Fully expose as a fiend of wall street
For now they will only seek to confound
They are hidden demons, fickle and fleet

The twine of Bernanke’s tightrope snarls, tears,
The woes of inflation and weaker sales
Guide us to Hades’ market of bears
Will he conjure famine from whence glut hails?

Pray Ben be cautious to our sentiment
Hack with your cleaver, let the heir repent

$$$$ Fed Auctions

emergency loans,
come and get them while they're hot,
sixty BILLION!

Insider Trading

Five years in prison,
He nicked Business Week copies,
no more expensed meals

Hope for the dollar?

lumbering greenback;
canadians in new york,
pray for the trade wind

The western child longs for its oil-mother

Parched lips lament. As
violence thrusts the oil teat,
past hundred. Dismay!