Like A Wall Street Drone

Like A Wall Street Drone

No one describes a fall from grace like Bob Dylan. In light of SVB and the ensuing drama, perhaps we might ask those same titans of tech banking, "how does it feel?"

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"Like A Wall Street Drone"

Once upon a time, you sold subprime,

Leveraged to the nines, corporate climb, didn’t you?

Puts and calls, learned to play ball, the risks appall,

You thought funds were out-bidding you… 


You used to brag about,

All the bonuses that were handed out,

Now your bad bets compound,

Now you don’t ski year-round

And you’re lacking any cash for your next deal


How does it feel, how does it feel?

To hear feds on the phone?

Reaping the risks you’ve sown?

Like a Wall Street drone


Ahh you’ve banked for the sharpest minds on earth, made millions,  

But you really only wagered on interest rates…

Your buddies all taught you how to place bets and get paid

Until unseen, systemic risk detonates


The crypto summer’s lionized,

And the web3 world is quickly glamorized,

Short-term profits are maximized,

Silvergate’s run out of town and eulogized

We ask, should Dodd-Frank have been repealed? 


How does it feel? How does it feel?

To sell all you own, with the contagion shown, 

Holding long-term loans

Like a Wall Street drone


So when loans need marking down all over town 

And Credit Suisse is run by clowns, will FDIC come through? 

Assets uninsured, debts are unsecured,

And you want public funds to pay your bills for you?


Young VC herds offer pleas to some old bureaucrats,

Tweeting their thoughts from chic, west coast flats

Frozen funds of aristocrats,

Preserve their native habitats 

After espousing their libertine-ish ideals…


How does it feel? How does it feel?

To be public-owned, with an exec team stoned

Like regal lords dethroned

Like a Wall Street drone


Now bank-runs panic markets and all the quarter targets

They’re all tumbling, humbling folks who cannot act afraid   

Asserting all will be well, 

But you better check that balance sheet, bravado’s just charades! 


When SVB disabused  

Their depositors of faith, with withdrawals they refused,

Testify before congress, and act confused,

When you’ve got no assets, you’re just watching the news

You’re irrelevant now, you’ve got no insights to reveal


How does it feel? Still kinda surreal?

To hear feds bemoan, the risky bonds you own 

And your demise, postpone?

Like a Wall Street drone

Written By: "Weird Ev" Coopersmith & AE Studio

"Like A Rolling Stone"

Once upon a time you dressed so fine

Threw the bums a dime in your prime, didn't you?

People call say 'beware doll, you're bound to fall'

You thought they were all kidding you


You used to laugh about

Everybody that was hanging out

Now you don't talk so loud

Now you don't seem so proud

About having to be scrounging your next meal


How does it feel, how does it feel?

To be without a home

Like a complete unknown, 

Like a rolling stone


Ahh you've gone to the finest schools, alright Miss Lonely

But you know you only used to get juiced in it

Nobody's ever taught you how to live out on the street

And now you're gonna have to get used to it


You say you never compromise

With the mystery tramp, but now you realize

He's not selling any alibis

As you stare into the vacuum of his eyes

And say do you want to make a deal?


How does it feel, how does it feel?

To be on your own, with no direction home

A complete unknown, 

Like a rolling stone


Ah you never turned around to see the frowns

On the jugglers and the clowns when they all did tricks for you

You never understood that it ain't no good

You shouldn't let other people get your kicks for you


You used to ride on a chrome horse with your diplomat

Who carried on his shoulder a Siamese cat

Ain't it hard when you discovered that

He really wasn't where it's at

After he took from you everything he could steal


How does it feel, how does it feel?

To be on your own, with no direction home

Like a complete unknown, 

Like a rolling stone


Ahh princess on a steeple and all the pretty people

They're all drinking, thinking that they've got it made

Exchanging all precious gifts

But you better take your diamond ring, you better pawn it babe


You used to be so amused

At Napoleon in rags and the language that he used

Go to him he calls you, you can't refuse

When you ain't got nothing, you got nothing to lose

You're invisible now, you've got no secrets to conceal


How does it feel, ah how does it feel?

To be on your own, with no direction home

Like a complete unknown, 

Like a rolling stone

Written By: Bob Dylan, June 1965