10cc members Graham Gouldman
and Eric Stewart wrote this song. Gouldman told the The Daily Mail
, May 27, 2007: "We were crossing New York's Wall Street in a cab one day and someone said, 'Do the Wall Street Shuffle.' That song just built from there."
The someone was Lol Creme, who along with Kevin Godley rounded out the band. In a BBC Radio Wales interview, Eric Stewart explained: "We were crossing Wall Street in New York in a stretch limousine, celebrating the fact that we'd got in the charts with 'Rubber Bullets
,' and we'd gone across the big financial district of America there, and just as we were going across the street, Lol said 'Wall Street! The Wall Street Shuffle!' And I said, 'Do the Wall Street Shuffle.'
I had the melody in my head, but it was Lol's words. Wall Street Shuffle. And by that time I'd started writing more so I was getting a little bit more competent in what I was doing in, in the writing partnerships. And those things stay with you. If someone says a nice line to you or you hear something on radio, there's a part of your brain suddenly locks it in if it's good, and you'll never forget it. Until you get into the studio and start to write. And we got to the studio to, to start writing our second album, Sheet Music
, and I said to Lol, 'Remember that idea, Lol, Wall Street Shuffle?' He said 'Yeah, yeah, it's a great idea, great title, but I don't think I really, I don't feel right like writing. I don't think I have anything to put in that in terms of words.' So I said, 'Well, anybody else want to write? Is anybody gonna go for this?' and Graham says 'Yeah, yeah, okay, yeah, let's try and write it.'"