August 5, 2016
The silver-tongued traders make shady deals for they know they have nothing to fearThey grease many palms while they cook up their books at the end of the fiscal yearHand in glove with the Feds these white collar crooks breach every rule in the gameImpoverishing millions with their naked swindle they don’t know the meaning of shame
Working the levers of Washington power with a “bullish” look in their eyesMillions made homeless, they sip their champagne immune to their sighs and their criesWith a green light to gamble from Government Officials they look out for suckers to trickWith bail out for Banks and golden handshakes they know they’ll get one more free kick Feeding illusions of fear, hope and greed these Raiders of Wall Street succeedWith triple A ratings and insider trading the shareholders they will misleadInflating share prices the high rolling gamblers sell toxic loans that are junkOn a foreclosure train wreck, their bonus intact they don’t care that markets have sunk Milking the system with Default Swap jargon they laugh all the way to the bankThey short sell and rave about slick Ponzi schemes and the Deregulators they thankThey approve subprime loans from chauffeured limos though they know that the bubble will popAnd the billions they steal will be offshored before they’ve jettisoned shares that will drop While they’ve had a good time on the company dime they’ll say that they’re stumped and perplexedAnd can’t figure out why the market collapsed while they hum and they haw that they’re vexedAmidst the turmoil they’ll spout pseudo wordsand swear Derivatives are greatCorporate chicanery complex enough to hedge bets and use them as bait While the Gordon Geckos flock to tax haven shores the rest of the world reels in debtThey’ll declare “Greed is Good” from swanky condos while they sit back and watch the sun set“Heads I win, Tails you lose” – Always the slogan of Wall Street Defenders who pleadThat the markets have crashed for no fault of theirs while their pay rise is guaranteed Abetting and aiding security fraud they have every reason to grinThe tax payer burdened, their pockets not dented, they’re confident Wall Street will winMere mortals like us end up picking up their tab while they sail round the world in their yachtsThe wolves of Wall Street who howl on the prowl are the ones who will call all the shots The Watchdogs arrive – all part of the farce - their heads buried deep in the sandThey’ll blame algorithms and talk “black swan riddles” while flames of a Meltdown are fannedWhile they wreck million lives they fiddle and fume – even Nero couldn’t perfect their actWith well –rehearsed lines they shed several tears that could win them an acting contract Despite money-laundering and interest-rate rigging it’s true that they won’t go to jailThese giants of Wall Street are too big to indict, they’re shielded and feted and too big to failCorrupt to the core the whole trading floor is a place that is plagued with deceitAll smoke and no mirrors – a gaping black hole – it’s high time we cleaned up Wall Street.
Anita Britto Archives:
Dear Dr. Anand & Geeta, Mr. Bhandarkar & Richard,Thank you very much for your appreciative and encouraging comments.As rightly said by you rules in the marketplace need to be coupled with rules in the political arena.We need a Financial Transaction Tax ( Robin Hood Tax ) to cure Wall Street’s Madness.
You have captured the imagination of the world with these beautiful and meaningful lines. Instead of bringing significant sections of people out of the poverty circle, these Institutions turn a blind eye to the realities of life and make windfall profits at the cost of the downtrodden. The same is happening all across the globe and there is no power in the world to stop it.
Dalal Street is no different!So beautifully depicted...I just met a man the other day wandering like a Nomad after losing everything in the stock market...There are so many here in Mangaluru only, wonder how much there are in the world!A must read for a Stock Market gambler..as to how 'not to go about it'....
Good one Anita,God bless
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