It is a way of saying "sucks sorry" in a sarcastic tone. It can be a way of showing no sympathy and completely and utterly blowing off another person. You use this word when talking to someone you do not like or have no patience with.
Why didn't you invite me to your party last night? I called you over 10 times and you just kept ignoring it. I thought we were buds?
Fogey/fogy /fougi/ sl. (early 18C+, orig. Scot) old-fashioned, stuck-in-the mud.
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
You think me an old fogeyand an old tory, his thoughtful voice said. I saw three generations since O’Connel’s time. I remember the famine. Do you know that the orange lodges agitated for repeal of the union twenty years before O’Connel did or before the prelates of your communion denounced him as a demagogue? You fenians forget some things. (James Joyce, Ulysses. PenguinBooks,1992. p. 38)