Every Breath Bernanke Takes
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Every Breath Bernanke Takes is a video parody by the Columbia Business School student comedy club Follies of the Police song "Every Breath You Take". It purports to be from R. Glenn Hubbard, Dean of the Business School, in response to Hubbard's being a runner-up to the Fed Chairmanship assumed by Ben Bernanke. In the video, a Hubbard look-alike sings about the pain of being passed over, and vows to keep a close eye on Bernanke should he make any mistakes. (Sample lyric: "First you move your lips / And hike a few more BPS. / When demand then dips / And the yield curve flips / I'll be watching you"). The video quickly became popular on Wall Street and in economics classrooms around the country. Steven Levitt, author of Freakonomics, called it "the best economics humor ever". As of September 2007 it had been viewed over 1 million times. In August 2007, Jack Stack, the outgoing CEO of Czech bank Ceska Sporitelna, recorded a similar video as a goodbye to his employees, which press reports called "a parody of a parody".
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