Lend Me Your Love: Difference between revisions

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(Created page with "Memphis Slim’s Lend Me Your Love is, like Billy Idol’s Rebel Yell a fine example of a lyric that correctly, if metaphorically, employes technical legal terminology...")
 
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[[File:Memphis slim.jpg|thumb|Mr. Slim, yesterday]]
Memphis Slim’s [[Lend Me Your Love]] is, like Billy Idol’s [[Rebel Yell]] a fine example of a lyric that correctly, if metaphorically, employes technical legal terminology.  Memphis seems to be in the business of [[Borrow|borrowing]] and [[rehypothecating]], or possibly [[Short selling|short-selling]], love. He sings:
Memphis Slim’s [[Lend Me Your Love]] is, like Billy Idol’s [[Rebel Yell]] a fine example of a lyric that correctly, if metaphorically, employes technical legal terminology.  Memphis seems to be in the business of [[Borrow|borrowing]] and [[rehypothecating]], or possibly [[Short selling|short-selling]], love. He sings:


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:''Gonna buy your [[love mortgage]] out<br>
:''Gonna buy your [[love mortgage]] out<br>


===Transaction analysis===
The [[transaction]] seems to be this:  
The [[transaction]] seems to be this:  
*Baby agrees to lend a quantity (unspecified) of love to Memphis Slim.  
*Baby agrees to lend a quantity (unspecified) of love to Memphis Slim.  
*As [[collateral]] [[security]] for his obligation to return that love, Memphis grants Baby a [[mortgage]] over his own love, which for the time being, he is holding on his own balance sheet. This suggests he is intending to take the Baby's love and used it elsewhere. Seeing as he has at least an equivalent amount of his own love which he is holding subject to a fixed charge, we can only surmise that Baby’s love and Memphis Slim’s love cannot be [[fungible]] otherwise this would be a transaction without any economic substance. Whcih would get Memphis Slim’s tax lawyers in a lather.
*As [[collateral]] [[security]] for his obligation to return her love, Memphis grants Baby a [[mortgage]] over his own love, which for the time being, he is holding on his own balance sheet.  
*We surmise that Mr Slim is intending to take Baby’s love and [[reuse]] it elsewhere.  
*Seeing as he has at least an equivalent amount of his own love which he is holding subject to a fixed charge, we can only surmise that Baby’s love and Memphis Slim’s love cannot be [[fungible]] (otherwise this would be a transaction without any economic substance. Which would get Memphis Slim’s [[tax]] [[Mediocre lawyer|lawyers]] in a lather.)
   
   
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