Bankrupt! was born out of the negative influences after the international success of Phoenix's previous album, Wolfgang Amadeus Phoenix. On this song, frontman Thomas Mars is crying out for help after being enticed by a Californian temptress. He doesn't want to cross the line but Mars has been seduced by the West Coast lifestyle and is struggling to resist his emotions "Put my name on your list, SOS in Bel Air!", he cries. "At that time, we started talking about success and not music," Mars told The Associated Press. "I guess it was time to protect ourselves and focus on music again."
Mars denied to The Guardian that this song is a diss aimed at Hollywood. "It's more a sadness," he said. "There is a similarity to Versailles where we grew up, which has this upper-class loneliness and a jaded lifestyle."
"I Just Wanna Love U (Give It 2 Me) " borrows four bars from Notorious B.I.G's "The World Is Filled." Jay-Z and Biggie Smalls attended Westinghouse Career and Technical Education High School in Brooklyn, New York at the same time.
Jimi Hendrix opened for The Monkees on their 1967 tour, and it did not go well. The young, mostly female crowd shouted "Davy" when Hendrix sang the word "Lady" in "Foxy Lady" in honor of who they came to see: Monkees lead singer Davy Jones.