Here's some info on this song: it's actually a traditional nursery rhyme in milanese dialect, turned into a song by Gorni Kramer (a popular italian composer and accordionist) and covered many times by many italian jazzmen (one for all, Lino Patruno in a stunning New Orleans traditional jazz style). The lyrics are simple but a little enigmatic: "Bald Head is cooking sweet rolls, but he doesn't' give any of it to his brothers; his brothers are cooking an omelette, but they don't give any of it to Bald Head." (in milanese dialect: "Crapa Pelada la fa i tortej, ghe ne da minga ai soj fradej; i soj fradej fan la frittada, ghe ne dan minga a Crapa Pelada").
Is this a cautionary tale on greed? Or the beginning of a hatred between brothers? I can say for sure, there's some kind of rivalry between cooks, here.