Oh, bad.
3 seconds sound clip from the The Roaring Twenties (1939) movie soundboard.
You can hear this line at 00:11:40 in the DVD version of the movie.
Quote context
[...]
- Flat feet, peepers all gone. I even had a touch of the palsy.
- Well, I was working up to that.
- Oh, bad.
- Things ain't good in the taxi business. Everybody's walking where they wanna go.
- Hey, how's things in France?
- Oh, I'm glad you reminded me. Brought you a souvenir.
- You needn't have done that. I didn't expect anything. What is it?
- German trench helmet. Hope it fits. I had an awful time finding a Heinie with your head size.
[...]