This has been posted so many times here on /co/already, I can't believe you don't know about it.
Fine. Here I go again:
The two characters talking are Bloodstone and Seahawk, former members of Rob Liefeld's super-team "Brigade". In the issue pictured, they are semi-retired from super-heroics and just wasting Seahawk's fortune on booze and, and bisexual pool parties. (I say "bisexual" because they were never shown to be interested in men before this issue). They just happen to have a couple of manwhores in the pool that look like Cyclops and Wolverine, with "Cyclops" wearing a red Jean Grey wig and "Wolverine" wearing Jean Grey's old Marvel Girl mask.