I'm tossing this one around. Ricky Ricardo was character played by Desi Arnaz in I Love Lucy. His signature song was Babaloo. That wouldn't fit, as far as I can tell. There is, however, a Ricky Ricardo that has recorded in the 2000s and does latin music. I can't find a version of Babaloo, by this guy, but I'm going to give it the benefit of the doubt.
Edit: I've looked further and the title of the song is actually spelled Babalu, no difference in the above, I just wanted to clarify.