Decemember 10, marks the second anniversary of the infamous day that we all learned that Bernie Madoff turned himself in to the SEC Porn Police for running the mother of all Ponzi schemes. No doubt you will be reading all manner of editorial punditry reflecting on the implications of this momentous event. Perhaps even better, you will be reminded of the fact the entire global financial system is one big gigantic Ponzinomic Rube Goldberg machine.

But what you won't be seeing anywhere else today is this song, which I originally penned on that fateful day in December 2008.

MADOFF THE WALL STREET FAKIR

(Rudolph the Red Nosed Reindeer)

WilliamBanzai7

You know Vesco and Boesky,

and Keating and Milken,

Leeson and Mozer,

and Blankfein and Wiggen,

But do you recall, the most famous Wall Street gangsta of all?

Madoff the WALL STREET FAKIR

Had a GIANT PONZI SCHEME,

And if you ever saw it,

You would even say it was Wall Street's own wet dream.

All of the other Bankstas

Used to laugh and call him names;

They never believed poor Madoff

Made a legitimate Alpha trade,

Then one shady NYSE trading eve,

Madoff spilt his beans to the Porn Police ( that's SEC)

"Madoff oh your scheme's so bright,

Won't you go to jail tonight?"

Then how the Bankstas loved him

As they shouted out with glee,

"Madoff the WALL STREET FAKIR,

You’ll go down in Wall Street histooooooorrrrry."

Q: What's the difference between Bernie Madoff and the CEO of a bulge bracket Wall Street investment bank?

A: Bernie never asked for a Bailout.