700 Billion Dollars Theft

They gave poor credit risks
Mortgages on overvalued properties,
Seeking their advantages
In exorbitant loan percentages,
Which were for non-payment
To the lenders foreclosed,
Left in poor condition,
And could not be disposed.

Then they borrowed to sell short
In bad margin speculations
And were unable to meet
Their loan obligations.

Their sales crew's life
Was rich and sunny
With high commissions
On transaction money.

When the executives saw
An impending bankruptcy
They grabbed a golden
Parachutes' fee
Of billions of dollars,
Sold their stocks well
Before they fell,
Took their yachts
Out to sea,
Went to the Bahamas
When the companies
Went into bankruptcy.

Tax payers, stock holders
And former employees
Are left paying their fee
While they went off fancy-free.

Those crooks should return
This stolen money,
Brought back from lands
Where their lives
Are free and sunny,
And we should not fail
To arrest them
And put them in jail.

Alfred Charasz
Copyright 2008 Alfred Charasz