Category: Poetry
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The Charge of The Bank Brigade
Beware The Coming Bank & Credit Crisis the Second Half of 2024 The Charge of The Bank BrigadeA sad parody of the famous poem byAlfred Lord Tennyson By Richard Bensonrbenson@specialtyfinancecre.com I Half a league, half a league,Half a league onward,All in the valley of defaultRode the six hundred“Froward the Bank Brigade!Charge for the CDS” he…
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Jingle Mail, Jingle Mail
Jingle All The Way; Oh what fun it is today, to just walk away! Jingle Mail (also known as strategic mortgage default) is the happy-sounding phrase used by banks and mortgage servicers to describe homeowners who simply walk away from their homes and mail the keys back to the bank. The banker can hear the…