Definitely NOT funny ... not even for Gordon Gekko !

Former Loan Officer Turns to Rap: ‘Greed Is Good’

By Jessica Pressler / / http://nymag.com/daily/intelligencer/2011/05/theo_pappadopolous_like_the_gr.html

Leeman Brothaz, who identify themselves on Twitter as "a group of Wall Street bankers that rap about financial issues," but are in reality a pair of 29-year-olds named Theo Pappadopolous and Matt Sausmer, have released what is perhaps the first rap single to ever drop the term "quantitative easing." Called "Greed Is Good," the song provides an overview of the financial crisis from the point of view of Wall Street lenders who blame "corporate drones" who took bad "NegArm loans" for the crash. "You say Wall Street's greedy, that ain't right/Greed's not the problem it's your lack of foresight," goes one verse, which continues:

We bankers ain't liars/Wall street was lending for you fat consumer buyers/A subprime mortgage meant a no-doubt loan/We helped Main street buy some sick-ass homes.

The project was the brainchild of Pappadopolous, a former loan officer at Bridgepoint Mortgage and one-time personal banker at JP Morgan Chase. "I had thoughts from dealing with consumers for a long period of time, and I just put my thoughts to it and it came out in a song," Pappadopolous, who is currently unemployed and living in New Jersey, told us this morning. "While a lot of people simply point fingers at Wall Street, the institutions, I took my perspective and said, 'Hey you took the loans, you defaulted, it's your fault too.'" But while his chorus is inspired by the famous line uttered by Gordon Gekko in Wall Street and the video features the duo holding cigars, stealing money from a homeless person and molesting what appears to be hundred dollar bills in various ways, Pappadopolous points out he is not an "extremist" like Gekko, and offers a looser interpretation of the word. "There is a difference between greed and greedy," he says. "We're talking about Greed for success, greed for knowledge, greed for love."

Leeman Brothaz – Greed Is Good Lyrics

Real Estate was boomiAnnotateng

Homes were on the rise,

Artificial rates

Greenspan's old ties

Historic low rates

There were many homebuyers,

Consumers, banks and traders

All became liars

But that's not true

We bankers ain't liars,

Wall Street was lending

For you fat consumer buyers!

A sub-prime mortgage

Meant a no-doc loan,

We helped main street

Buy some sick-ass homes

You say Wall Street's greedy?

That ain't right,

Greed's not the problem

It's your lack of foresight

You corporate drones

Took these Neg-Am loans,

Defaulting as a payer

Now we crashed from market failure!

Greed Is Good

People act how they should

Greed Is Good

Its where Gordon Gekko stood

Greed Is Good

Its all about the paper

And this is why we use

The middle class labor!

Wall Street made the cash

Main Street took the loans,

Two very different minds

Nearly crashed the dow jones

Mortgage-backed securities

Credit Default Swap,

These derivatives

Were brought by wealthy wasps

First it was Bear

Then it was Lehman,

JP got WAMU while

Other banks were screamin'!

Monetary Policy

Ran by Ben Bernanke,

Blows financial system

Like his pocket hankie

Deflation, Stagnation

Hyper-Inflation,

Quantitative easing

Still no stimulation

Too big to fail

Meant a government bail,

Socialistic policy

Is the latest tale

Greed Is Good

People act how they should

Greed Is Good

Its where Gordon Gekko stood

Greed Is Good

Its all about the paper

And this is why we use

The middle class labor!

The hell with Fannie Mae

The hell with Freddie Mac,

They're a part of HUD

And now it's out of wack

Why pay your mortgage?

It makes no sense,

Obama will forgive you

With the tax payer cents

Recession, Depression

Little motivation,

Unemployment needed

For a modification

It's called moral hazard

Thanks to Chief Obama,

Stop the regulation

Just catch that b**** Osama!