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New York Banker

 

APPEARS ON


All these years
Arkansas
Teaching at the high school
How was I to know
My retirement day
I'd learn a lesson so cruel
I came to the day I had waited on
Just to find out all the money in our pension was gone
We invested in something called the abacus bond
Sold to us by a New York banker

Good things happen to bad people
Bad people
Bad people
Good things happen to bad people
Bad people
Bad people

A big time banker from New York City
Came down south one day
Sold our people on a bond
Had our money betting on
Some kind of home loans getting paid
Buying they say we were clearly told
This kind of thing was even safer than gold
But later on we found out the bond we'd been sold
Had been set up to fail all along

Good things happen to bad people
Bad people
Bad people
Good things happen to bad people
Bad people
Bad people

We'd been set up to fail all along
Though none of our people had ever quite sensed it
Come to find out the bond born to fail'd been built
So that banker could bet his bread against it
When the house market crashed
Our retirement did too
Everybody said there was nothing we could do
That banker walked off
With a million or two
I'm still teaching at that high school

Good things happen to bad people
Bad people
Bad people
Good things happen to bad people
Bad people
Bad people

LAST UPDATED: Friday, August 24, 2018 6:44 PM