Bridge Over Troubled H2O

US Foodservice
Lyondell
First Data and Tribune
Chrysler and Alltel

Left high and dry
I’ll hold one last Harrah’s
Since buyers can't be found
My hung bridge loan just went PIK-toggle
I will write it down
My hung bridge loan just went PIK-toggle
I will write it down

Sold ‘em to hedge funds with

Total return swaps

Then prices fell so hard
I still own them all

I thank my stars
that Sallie Mae fell through
Why didn’t TXU?
My hung bridge loan just went PIK-toggle
I will write it down
My hung bridge loan just went PIK-toggle
I will write it down

Sail on Clear Channel,
I cannot buy
You might call GSO
You’ll be standing in a line

How’d we get here,

This “burning bed” redux?
My whole portfolio sucks!

Like these bridge loans that went PIK-toggle

I will ride them down

My hung bridge loans all went PIK-toggle

I will ride them down.