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Song Parodies -> "The Check From Your Hedge Fund's Imperiled"

Original Song Title:

"The Wreck of the Edmund Fitzgerald"

Original Performer:

Gordon Lightfoot

Parody Song Title:

"The Check From Your Hedge Fund's Imperiled"

Parody Written by:

John Dacey

The Lyrics

Yeah, I know it’s short but that wasn’t gonna keep me from using this awesome title.
The Check From Your Hedge Fund's Imperiled

Some legends are gone from Wall Street on down
To the trading floors on the exchanges
Short selling in stocks put them all on the rocks
When the redditors messed with price ranges.
Brokers shorted GameStop causing value to flop
'Til their plan by day traders upended
Who bought up the stock to the hedge funders shock
When redeemed shares cost more than intended.

So fortunes were lost like those ships that are tossed
And sunk without any surviving
It didn’t seem fair to the stockbrokers there
They’re the ones who are known for conniving.
But at least on that day, little guys had their say
Besting Goldman and Vanguard and Merrill
GameStop’s margin call put a squeeze on them all
So your check from these hedge funds’ in peril.

.
GameStop - not since Macbeth has it been so satisfying that everyone comes out badly at the end.

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Original Song: 
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Voting Results

 
Pacing: 2.5
How Funny: 2.5
Overall Rating: 2.4

Total Votes: 21

Voting Breakdown

The following represent how many people voted for each category.

    Pacing How Funny Overall Rating
 1   13
 13
 13
 
 2   0
 0
 0
 
 3   0
 0
 1
 
 4   1
 1
 1
 
 5   7
 7
 6
 

User Comments

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

Peter Andersson - February 10, 2021 - Report this comment
Some blanker have already shorten this parody at 111, but thanks to your intro "excuse" I accept its shortcomings in full, just like you say it's an awesome title swap and idea, I'm investing 555.
Michael Pacholek - February 10, 2021 - Report this comment
It wouldn't be an official Edmund Fitzgerald parody if I didn't at least comment. This is the beginning of a great idea, and I encourage you to keep going, and repost it when you've got all 14 stanzas. You appear to have the talent.
Jonathan Spurlock - February 10, 2021 - Report this comment
There's nothing wrong with making money honestly, and I for one applaud the "little guys" for taking action against the Goliath of the hedge funds crowd. Enough of this "I can make money any way I can but don't you dare try to crash my party" philosophy. To be sure, a trio of 5's from me were proudly given!
John Dacey - February 11, 2021 - Report this comment
Sincere thanks to all who've stopped to comment. I'm not fully convinced that a bunch of privateers joined together to manipulate the market is inherently any more ethical than when it's done by a hedge fund, but the poetic justice of this event was so sweetly delicious as to be fattening. Patrick - thanks much for your encouragement, but I'm not sure this fleeting news oddity merits a full replication of the original song's length. I believe I've been faithful to the rhyme scheme and used enough of it to have paid sufficient homage to the OS since this is a light-hearted joke, not a documentary.
Phil Alexander - February 11, 2021 - Report this comment
I think there's a huge difference between a bunch of privateers joining together to buy shares and a hedge fund selling *lots* of shares they don't own in order to drive down the price and make a profit buying them back again. If it weren't for the latter, then then the former wouldn't have happened: the "privateer" reaction was just that, a reaction.

Hedge fund manipulation of share prices by selling stock they don't own is the driving force - I reckon this is a good sort of "market forces" answer to what is a zero-sum game from hedge funds, in that they don't create any wealth with these tactics, all they do is take it from other investors, and them getting shafted by their own gambling habit is simply wonderful.

Loved the parody, btw, just a shame it was so short :-)
John Dacey - February 11, 2021 - Report this comment
Thank you, Phil. What I tried to convey in my comment was that many folks tried to find something heroic in the actions of the robinhoodniks when in reality it was little more than a pump-and-dump operation. Hardly noble. The only 'good' thing was how so many bottom feeding hedge fund speculators got shafted when the stock price skyrocketed; but there were also a lot of little guys who lost a packet when the shares they bought at high prices inevitably crashed. Some paid a hefty price for the privilege of 'putting it to the man.' It's positively Shakespearean though that at the end, everybody's dead. Sorry the piece was short but I started it when the story first broke and got distracted from finishing. Now the news cycle has moved on and I have little motivation to invest the effort to protract something that's no longer current. Besides, my best joke from this episode is in the title; it wasn't gonna get funnier telling it over and over again.
Patrick - February 19, 2021 - Report this comment
This whole stock manipulation doesn't meet my definition of "investing". Game Stop didn't get a dime for its operations. It's more like investing in "equine sequence derivatives" at the track. Like any Ponzi scheme, only the ones who bailed early made anything. The rest were screwed.

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