Finance

Mortgage Boom Anthem: 'I Like Big Bucks'

A little more Washington Mutual color from this week's Senate hearings:

At a retreat in Kuai back in 2006 — when the housing market peaked — WaMu employees sang this riff on the Sir Mix-a-Lot classic:


I like big bucks and I cannot lie.
You mortgage brothers can't deny,
That when the dough roles in like you're printin' your own cash,
And you gotta make a splash,
You just spends.
Like it never ends,
Cuz you gotta have that big new Benz.
All of that bling you're wearin',
Shining so bright peoples starin'.
It's crazy, I gotta ski Aspen
That's all I'm askin'.

Two year later, after things fell apart, WaMu employees held a wake for their company. There, somebody sang another song, riffing on a Beatles tune: "I should have known better than to hold that stock."

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.