Kyfe Jam 

kyfe jam, 1. Traditionally, a phrase used to denote a bad party

2. Recently, acknowledgement of exceptionally bad news or a very poor turn of events

1. "This is a kyfe jam, let's bizounce."
2. "Did you hear that Chauff got deported from Korea?"
"Yeah dude, that's a kyfe jam."

Kyfe Jam by Dudebun June 11, 2006