Friday, August 12, 2005

Even Hedge Fund Guys Get The Blues

NEW YORK (Wireless Flash - FlashNews) – A group of rich hedge fund managers are singing the blues – the “Wall Street Blues.”

That’s the title of a new song from The Subscribers, a band made up of four New York hedge fund managers, that includes lucre-loving lyrics like I have to drown my sorrows in 25 year old booze/ And my second wife is turning 30/ I got the Wall Street blues.

Subscribers guitarist Chris Heasman insists the song is just “having fun at the expense of Wall Street” and adds, “What kind of people would we be if we couldn’t make fun of ourselves?”

Though they sing about having too many homes but no private plane, The Subscribers say they have more serious issues on their minds.

Heasman says the band does shows and events solely to raise money for a charity that provides corrective surgery and prosthetic limbs to disabled children.

To date, they’ve raised about $350-$400,000 for the cause and Heasman jokes, “Hedge fund managers have a reputation of charging an arm and a leg in fees so we might as well give an arm and a leg back.”

“Wall Street Blues” can be heard at

(Contact numbers available only to subscribing media or trial media users. You can request samples at the Wireless Flash web site.)
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