Not what happened.
Warlord was wasted and incomprehensible screaming about nonsense and weeping about wanting to kill himself all night. Basically just having a standard warlord manic episode/meth freak out but while incredibly drunk. Cobra clearly was tired of putting up with him and trying to get him to leave. For whatever reason Cobra brought up Ozzy and Warlord drunkenly slurred “fuck Ozzy” (not even in a meaningful way just like how people in the verge of alcohol poisoning just say things without any though) Cobra immediately begins seething and berating him and cussing him out saying he worships Ozzy as a god. They opt to go out for a cigarette.
Later they come back in and Warlord’s nose is bloodied as it turns out Homeboy Ian had been out for a smoke and punched warlord likely because of something Warlord said about him. Warlord is falling all over the place and inconsolable, screaming at cobra for not standing up to him and standing by while Ian attacked him. Cobra says that he doesn’t want drama with his neighbor which is why he didn’t defend warlord and that he’s not going to fight Ian on Warlord’s behalf. Warlord berates cobra as being a shitty friend for not standing up for him and letting Ian kick his ass. Cobra again says he “DOESN'T WANT DRAMAAAA” and tells warlord he’s too drunk and to leave. Warlord continues falling all over the room and tripping over himself like a regarded rag doll while drunkenly screaming what a bad friend cobra is.
Cobra’s patience run thin and he calls him a “drunk fucking faggot” and berates him for being upset that he’s just upset because he wants to fuck him but cobra isn’t interested because he’s not gay.” Warlord, clearly hurt says “what did you say?” In quiet disbelief and cobra answers back “you heard me”
The altercation continues as warlord begins ranting and raving and cobra continues trying to coax him out the door. Eventually Warlord stumbles over to cobra and gets in his face and cobra pushes him (as seen in the infamous clip) warlord gets up and they continue with the same bs for some time until eventually, finally, warlord is on his way out the door and in the doorway and cobra just has to have the last word so he calls him a faggot again (despite warlord already finally leaving) this causes warlord to lunge at cobra and cobra to punch him a multitude of times. Soon after warlord leaves and cobra locks him out but warlord stays screaming at the door and kicking it and shit because he left his phone behind. Cobra won’t let him back in and and tells him to leave.