Matt Yglesias

Sep 25th, 2008 at 7:51 am

Financial Meltdown Terms That I Think Would Make Good Band Names

I could totally imagine Credit Default Swap being the opener at a Toxic Assets show sometime late next year. Just saying. And of course there’s Helicopter Ben and the Bailout Band.






37 Responses to “Financial Meltdown Terms That I Think Would Make Good Band Names”

  1. Princess Sparkle Pony Says:

    “Toxic Assets” sounds like a hardcore band from about 1983. Are you sure that hasn’t already been used?

  2. El Cid Says:

    I’m starting to think the Democratic leadership is so enthusiastic about giving away $700 billion + (rotating account) to Wall Street right now, with no hearings or real debate or whatnot, precisely because they fear such a trillion dollar giveaway to the corporate ultra-wealthy might, might be harder to sell under a Democratic President.

    In other words, this isn’t just an opportunity for the departing Bush Jr’ites to loot the Treasury / taxpayers and screw over any hopes for a Newish Deal, but an opportunity for the enthusiastically pro-upper class corporatists Democrats to join in while being able to partially blame Bush Jr.

    It’s not a capitulation by leading Democrats; it’s their embrace of an opportunity.

  3. nukev Says:

    How about: Hold to Maturity?

  4. James Gary Says:

    Les Tranches. Foreign-sounding names seem to be very big lately.

  5. steve duncan Says:

    Gotta go with Predatory Lenders opening for The Golden Parachutes.

  6. Dwight Meredith Says:

    Irrational Exuberance remains an unused great band name.

  7. Jetpacks Says:

    See here, Matt. Not a day goes by when the headlines make great band names

  8. Neil the Ethical Werewolf Says:

    Dwight, my freshman year roommate was in a band called “Alan Greenspan and the Irrational Exuberance.” So it’s been done.

    I think the bailout is an opportunity for the best kind of corporatist Democrats. It’s an opportunity to make the taxpayer rich by extorting lots of stock from failing banks in exchange for saving them! This is why I like the Dodd plan. Of course, as all the kids are saying — No Equity, No Deal.

  9. andysbg Says:

    The Economy’s Cratered

    I’d buy it.

  10. DTM Says:

    Subprime.

  11. james Says:

    by the way, have you done any cnbc watching? you know, you get all these op-ed folks and pundits who comment on every conceivable issue, and then they’re asked to explain how the economy works… but, they don’t quite know. it’s not their field. then you get the economists who write op-eds who don’t seem to include any substance in with their opinion… just tell me WHAT IS HAPPENING, and WHY, and we’ll start from there. i mention cnbc because the folks there don’t talk about anything else — they have a sharper understanding of what is going on. much of the debate going on, e.g. on the web, is sort of beside the point. and another question: how come members of, say, the senate finance committee don’t get schooled on, you know economics? wouldn’t they give much more rigorous and USEFUL conferences with people like Paulson if they had a strong sense of what money means and how problems like this happen, et cetera, et cetera, et cetera?

  12. GreenVTster Says:

    -Liquidity (ambient electronica)
    -Subprime (sonic power punk)
    -The Shadow Bankers (goth/pop)
    -Stimulus Package (acid/techno)
    -Moral Hazard (retro ska)
    -The Short Sellers (pagan rock)

  13. jake Says:

    Hey, Matt.

    My favorite finance-related band name is Catastrophe Sector, which, if you haven’t looked into it, is a division at Lehman/Barclay’s specializing in pooling risk for disaster insurance providers. Some pretty shady business there actually. Nyren, if you remember him, works in it.

  14. Bruce Says:

    Clawback

  15. Brian Says:

    James (#11): The Economist this week has a pretty decent overview of the crisis, even for being a week old and coming before the bailout was announced. They explain Paulson’s thinking better than anyone, even if the reasoning still doesn’t convince me.

  16. Pesto Says:

    Cross of TARP, with Ron Paul and the Goldbugs opening.

  17. aarrgghh Says:

    mcflopsweat.

  18. Boris Says:

    Hi Matt – on the topic of names, I thought Fuddie Mac would be a great name for the McCain / Davis / Freddie Mac / NYT debacle. I realize this comes a little late and is being overshadowed by McCain’s (Fuddie Mac’s) bold move, but what do you think? Can we get that name to stick? I guess it’s a little mean, since it picks on him because of his advanced age.

  19. Aleks Says:

    Johnny Mac and the Mavericks
    Baked Alaska Babe
    Too Big To Fail (Might get into Bigger-Than-Jesus territory)
    Daylight Heist
    Northern Exposure Barbie
    Moose Fur Bikini
    Unparalleled Greed
    Country First

  20. DHN Says:

    Didn’t Atrios already win this contest?

    “Big Shitpile”

  21. TMRM Says:

    “Oh Shit We’re All Poor”

    THAT is a great band name.

  22. Leee Says:

    Subprime (sonic power punk)

    Sub-Primus at best.

  23. Reply Says:

    Hanky Panky Bernanke:

    A jug band consisting of Hank Paulson and Ben Bernanke

    First song: “Banky Tanky”

  24. Manchester U Says:

    No! Fannie Mae and Freddie Mac – Like a 70s era southern folk duo.

  25. Archit Says:

    Lower Tranches
    Alt-A

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