Making fun of music, one song at a time. Since the year 2000.
Check out the two amIright misheard lyrics books including one book devoted to misheard lyrics of the 1980s.
(Toggle Right Side Navigation)

Song Parodies -> "Fannie Mae"

Original Song Title:

"Penny Lane"

Original Performer:

The Beatles

Parody Song Title:

"Fannie Mae"

Parody Written by:

John Jenkins

The Lyrics

Why can't I get this kind of punishment? Franklin Raines, the former CEO of Fannie Mae, who resigned last week because of an accounting scandal, will receive a pension of $114,000 per month for life. The scandal, for which he claims to be accepting responsibility, will force Fannie Mae, the second largest financial institution in the United States, to wipe out $9 billion in profits that have been overstated over the past four years.
At Fannie Mae, there is a regulator questioning
The clever president who claims he didn't know
That his balance sheet was faulty, so
Now he has to go!

Unemployed is now this banker with his big cigar,
But since his pay checks are not going to be cut back,
All the bankers out at Freddie Mac
Want to be like Raines, unrestrained!

Fannie Mae will not soon see its stock price rise
'Cause, when times get tough, they supersize
Profits, and meanwhile back

At Fannie Mae, there is an auditor assigned to find
Computer evidence that he committed fraud.
And, although he knows that Raines is flawed,
It's a clean ipod.

Franklin Raines has great big plans to exercise
Stock options, and - accessorize
His Hummer, meanwhile back

Behind their laptops are some would-be bank executives,
These candidates are spicing up their resumes.
And, although they all have feet of clay,
They want Franklin's pay.

At Fannie Mae, the stock price drops another seven points.
We see the banker's bonus not getting returned.
And now the auditor has just learned
How to be like Raines, unrestrained.

Fannie Mae will not soon see its stock price rise,
But, since Franklin Raines was very wise,
He quit, and meanwhile back

Fannie Mae will not soon see its stock price rise,
So investors now will ostracize
Fannie Mae!
Fannie Mae (FNMA - Federal National Mortgage Association) and Freddie Mac (FHLMC/Federal Home Loan Mortgage Corporation) are two government-sponsored corporations that purchase mortgage loans from banks that originate the loans.

Your Vote & Comment Counts

The parody authors spend a lot of time writing parodies for the website and they appreciate feedback in the form of votes and comments. Please take some time to leave a comment below about this parody.

Place Your Vote

 LittleLots
Matches Pace of
Original Song: 
How Funny: 
Overall Score: 



In order for your vote to count, you need to hit the 'Place Your Vote' button.
 

Voting Results

 
Pacing: 4.7
How Funny: 4.6
Overall Rating: 4.6

Total Votes: 22

Voting Breakdown

The following represent how many people voted for each category.

    Pacing How Funny Overall Rating
 1   1
 1
 1
 
 2   0
 0
 0
 
 3   1
 2
 2
 
 4   0
 1
 0
 
 5   20
 18
 19
 

User Comments

Comments are subject to review, and can be removed by the administration of the site at any time and for any reason.

Johnny D - January 05, 2005 - Report this comment
Very clever and sharp, JJ. Yeah, imagine being sentenced to enjoy a sizeable and comfortable yearly income for the rest of one's life with no strings attached and no work required...gee, the poor bastard, don't we all feel sorry for him? NOT. ;-)
Robert J. Pagliaro - January 05, 2005 - Report this comment
I thought this was passionately well-written.
John Jenkins - January 06, 2005 - Report this comment
Thank you for your comments, JD and RJP. Because of the topic, I didn't expect this parody to get a lot of votes. But I am a firm believer that all scandals, even accounting scandals, deserve to be parodied. And I appreciate your taking the time to read this one.
Royce Miller - January 06, 2005 - Report this comment
John, this is an excellent parody.
mac - January 06, 2005 - Report this comment
Well done, John.
Kristof Robertson - January 07, 2005 - Report this comment
John, this was a classy, incisive and well written parody, and worth a glut of 5s. BTW.....you've got a financial institution in the States that you call...Fannie Mae?? Your nation deserves plaudits for that alone! :-)
John Jenkins - January 07, 2005 - Report this comment
Thank you Royce, mac, and Kristof. And, Kristof, yes, I was hoping that the title might trick some readers into looking at the parody who might have been looking for ... something other than a banking parody.
Guy - February 05, 2005 - Report this comment
(SOTM) This line alone deserves you fives.

'Cause, when times get tough, they supersize

Excellent parody that follows OS so well.
Scathe - February 08, 2005 - Report this comment
(SOTM) There's no business like spoof business.
Know 1 can hear you dream - February 08, 2005 - Report this comment
Tell a banker that what he's doing might get him five to life and he'll think that it means five extra millions per year to his bonus deal with the company...
Jeff Hingle - February 08, 2005 - Report this comment
Excellent work. All 5s. I don't deal with Fannie Mae (yet), only Sallie Mae. Funny how they use the names of two ditzy-sounding ladies to describe these impersonal billion-dollar lending corporations.
Agrimorfee - February 08, 2005 - Report this comment
(SOTM) Sallie's sneakin' Fanny out the alley....
Jake A Ralphing (Luke Brattoni) - February 09, 2005 - Report this comment
(SOTM) Great work, I can't relate to the subject but it was still a fine read.
Adagio - February 10, 2005 - Report this comment
(SOTM) Good one. 5's
Claude Prez - February 11, 2005 - Report this comment
Hey, you should write one about Arthur Andersen. Wait, some clever person already did. Outstanding as always.
Rick D - February 11, 2005 - Report this comment
SOTM 555
Adam Eccleshall - February 12, 2005 - Report this comment
(SOTM) 555
Kristof Robertson - February 18, 2005 - Report this comment
(SOTM) See previous comment...great!
Spaff.com - February 20, 2005 - Report this comment
When I saw the URL, I thought this was gonna be a parody of "Maggie Mae." I'm glad you did "Penny Lane" instead - it's a great sub. IMO, the worst thing about accounting scandals like this is they sour people on capitalism, which, for all its flaws, is still way better than those other economic systems. Oh, about the parody - nice job, Johnkins. Fave bit: "accessorize/His hummer."
Phil Alexander - February 20, 2005 - Report this comment
Brilliant, JJ.
Johnny D - February 21, 2005 - Report this comment
(SOTM) See above.
Ash - February 23, 2005 - Report this comment
Didn't I SOTM this already? Guess not... (sotm)
Jeff Reuben - February 23, 2005 - Report this comment
SOTM--I believe the package he got on the way out was a fannie pack. Well done!
John Jenkins - February 26, 2005 - Report this comment
Thanks for all of the comments. Spaff, your comments about scandals and capitalism could not be more accurate.
Tim Mayfield - February 26, 2005 - Report this comment
(SOTM) 555!
MysteryGoat - February 27, 2005 - Report this comment
(SOTM) DKTOS
Arwen - February 28, 2005 - Report this comment
SOTM--this is brilliant! FABulous!
Stuart McArthur - February 28, 2005 - Report this comment
SOTM - cutting, and bulls-eye! nice work John! - 555
Stuart McArthur - February 28, 2005 - Report this comment
SOTM - cutting, and bulls-eye! nice work John! - 555
Ethan Mawyer - February 28, 2005 - Report this comment
SOTM - 545
2nz - March 01, 2005 - Report this comment
How come after I read your parodies I feel smarter somehow? I felt the same way after 'Hello Philip'. Anyhow, amazing job making this entertaining, John. Fave stanza: 'Fraud/Flawed/IPod'
Tommy Turtle - August 17, 2007 - Report this comment
Tripped across this while researching a parody of OS... Wish I'd been here when this was posted, but the FNMA scandal with its conforming loans is eerily repeating in the present sub-prime scandal. Brilliant concept, nailed the topic, perfect pacing, great subs including some fine syllable-matching ("ostracize" lol), and the British "mac"/ Freddie "Mac" was a happy coincidence, well-exploited.... 555 + per diem of 1.520547945 for the 954 days it took me to find this. I think that makes the total rating 2005.60274. Best work of yours I've ever seen, John. Sheer genius.
marthadtox - September 13, 2008 - Report this comment
how are the mighty fallen now ..!!!. this is begging to de done to the tune of the weight...by the band....I'll do one if you will!
John Jenkins - September 15, 2008 - Report this comment
Thank you very much for the comment and the challenge. I'll give it a try.
gh - September 19, 2008 - Report this comment
The first of many mortgage crisis related parodies, I'm sure!

The author of the parody has authorized comments, and wants YOUR feedback.

Link To This Page

The address of this page is: http://www.amiright.com/parody/60s/thebeatles949.shtml For help, see the examples of how to link to this page.

This is view # 874