Prong Y

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A Post-punk band from Greenwich Village formed in 1976 and which broke up acrimoniously, on stage in the CBGB club, in 1978 when lead singer Richard Bastard hospitalised drummer Denny Hotchkiss with some garden shears. When Hotchkiss asked what that was for, Bastard memorably replied, “Hedging Disruption”, though, as Hotchkiss drily quipped, it was more likely an Illegality.

Odd spot: Prong Y was named after a contentious section of the Change in Law definition in the 2002 ISDA Equity Derivatives Definitions. There is a bootleg live recording of the CBGB gig called “Prong Y and the Triple Cocktail”.

See also