Gerard Way penned this song with James Dewees, who was MCR's touring keyboardist from 2007. He references in the second verse The Smiths song, William, It Was Really Nothing. The '80s British band has had a big influence on him.
Way initially previewed this song at the Graphic festival in Sydney, Australia on October 5, 2013. He said at the the time the song is about a group of jewel thieves, which isn't very apparent from the lyrical content. "Everything is fine," Way explained. "Then everything goes horribly wrong."
Gerard's brother and former My Chemical Romance bassist Mikey Way supplied backing vocals for this track.
The video was directed by Jennifer Juniper Stratford, who works on web series, public access shows and music videos for Telefantasy Studios, which specializes in analog effects that were popular in the 1970s and '80s. The retro look is designed to stand out among far more polished music videos.