Bad Loans are Monetized

Didn't Bob Welch write a song about this this when he was with Fleetwood Mac? Wait a sec... Yes he did! From the archives, with music from YouTube:

It's the same kind of story
That seems to come down from long ago...
Nine banks making money together
While safety flies out their window
It must be out on that spread
Which is wide, at least half of a playing field
Because there's no explaining what your imagination
Can make you see and feel

Seems like a scheme
(we) got it monetized...

Seems like a dream
(we) got it monetized...

Now its not a meaningless question
To ask... where the money's gone
I remember a talk about imports from China
...and a strange, strange black swan...
You see the tail was fat-assed
And the risk was all hidden, in CDOs
And if anyone's hand ever made demands
Then for sure it would've blown.

Seems like a scheme
(we) got it monetized...

Seems like a dream
(we) got it monetized...

They say there's a place down in Mexico
Where debt can fly over brokers and shills
And it don't need a payback or some kind of value
And it never will.
Now you know its a meaningless question
To ask if those stories are right
'cause what matters most is the feeling you get...
When you're monetized.

Seems like a scheme
(we) got it monetized...

Seems like a dream
(we) got it monetized...