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The AAO Weblog covers accounting issues and current events as they relate the practice of investment analysis. All posts prior to September, 2007 are in the public domain, but after September 4, 2007, only subscribers to The Analyst's Accounting Observer will see all posts going forward. Only selected, occasional posts will be released to the public domain from September 4 forward.

 
 

Merle Hazard: H-E-D-G-E

Aug 16

Written by: Jack Ciesielski
8/16/2007 3:19 AM 

Okay, there has to be some daylight somewhere in the subprime gloom...

Well, I sure don't have any. Sorry. You came here for cheer or something? Ha. This is an accounting blog, chum.

I have a penchant (sometimes) for country music, as you may have noticed in my occasional references to Southern Culture On The Skids. And you know how depressing country music is: songs about losin'. Trains. (Always "lonesome trains," incidentally.) Jail. Slippin' around. Booze. And dogs, 'cause they're your only real friends. All the vestiges of human personal torment that are being unleashed by the subprime skid. The next logical step in the subprime saga can only be a flood of new country songs about it, or those afflicted by it - like hedge fund managers, for example.

I present to you the first music video on the subject, "H-E-D-G-E," linked here on YouTube. It's by Merle Hazard, an extraordinary country singer whom you won't remember, but you've heard him before. (Sang a couple songs about losin', takin' a lonesome train to jail, while his wife was slippin' around, and then when he got out, went 'n got drunk with his dogs, all before becoming a hedge fund manager.) Thanks to long-time Accounting Observer reader Jon Shayne for putting me on to Merle's video. Jon shares an uncanny resemblance to Merle, by the way.

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