Bear memorabilia selling on eBay
Memorabilia items are available on eBay, most for less money than JPMorgan is paying per share to acquire the investment bank.
For about $10, an investor could acquire a share of Bear Stearns Cos. as it approaches its final day of trading, according to Crain’s New York Business.
Or, for roughly the same amount of money, a collector can buy a Bear Stearns teddy bear on eBay – shipping not included.
The Bear bear is just part of a slew of memorabilia and knick-knacks bearing the investment bank’s name as it prepares to fade into history.
In all, 29 Bear Stearns-related items were available on eBay as of late Wednesday afternoon. Most – at least for now – cost less than the price JPMorgan Chase & Co. is paying per share to acquire the entire enterprise.
Shareholders approved the deal this morning, and the acquisition is expected to close Monday.
Bear items for sale on eBay include a stress ball for 99 cents imprinted with the words — which now seem prophetic — “little things, big impacts!”
The sour home loans that helped bring down the firm are given their due in a coffee cup that reads Bear Stearns Residential Mortgage.
The cup is being offered at $1.99, though shipping is another $8.50.
For those with a taste for the finer things, one eBay seller is offering some bar tools with Bear’s name on it.
The seller says the bottle-opener, corkscrew, wine-stopper and thermometer were given to clients at a health care conference sponsored by the bank.
The bidding is at $150.
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