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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Lehman Bros. and Bear Stearns are toast -- and on toast on eBay]]></title><link>http://www.bloggingstocks.com/2008/09/21/lehman-bros-and-bear-stearns-are-toast-and-on-toast-on-ebay/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/09/21/lehman-bros-and-bear-stearns-are-toast-and-on-toast-on-ebay/</guid><comments>http://www.bloggingstocks.com/2008/09/21/lehman-bros-and-bear-stearns-are-toast-and-on-toast-on-ebay/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/leh/" rel="tag">Lehman Br Holdings (LEH)</a>, <a href="http://www.bloggingstocks.com/category/bsc/" rel="tag">Bear Stearns Cos (BSC)</a></p><p><img height="171" alt="" hspace="4" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2008/09/1269_1.jpg" width="215" align="right" vspace="4" />I've put together a good-sized Enron memorabilia collection, inspired by the affordability. I was able to buy an Enron lunch bag on eBay for less than the cost of a similar nonbranded product at Wal-Mart.</p>
<p>The collapses of Lehman Bros. and Bear Stearns aren't anywhere near as interesting but the headlines have attracted a swarm of eBay listings. <a href="http://www.nytimes.com/2008/09/21/business/21suits.html?_r=1&amp;ref=business&amp;oref=slogin">According to <em>The New York Times</em></a>, "When a big Wall Street firm goes belly up, one bet you can take to the bank is that memorabilia will be offered for auction on eBay within hours. "</p>
<p>If you're looking to support a charity instead of an opportunist -- or burned employee who, having lost his 401(k) grabbed a stack of mugs on his way out the door -- one seller sold a <a href="http://cgi.ebay.com/Lehman-Brothers-Bear-Stearns-Initials-on-my-TOAST-F-B_W0QQitemZ180289859578QQcmdZViewItem?hash=item180289859578&amp;_trkparms=39%3A1|66%3A2|65%3A13|240%3A1318&amp;_trksid=p3286.c0.m14">piece of toast</a> with the initials "BS" and "LB" branded on each side. Proceeds benefit the Children's Diabetes Foundation in Denver. The price? A mere $15.50. A piece of toast that offers the ticker symbols of companies<em> about to </em>collapse would likely be worth far more.</p>
<p>As an investment, I don't think Lehman and Bear memorabilia are compelling: collectibles from the Enron and Worldcom blowups do not appear to have appreciated in value.</p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/09/21/lehman-bros-and-bear-stearns-are-toast-and-on-toast-on-ebay/">Lehman Bros. and Bear Stearns are toast -- and on toast on eBay</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Sun, 21 Sep 2008 11:40:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2008/09/21/lehman-bros-and-bear-stearns-are-toast-and-on-toast-on-ebay/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1320074/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/09/21/lehman-bros-and-bear-stearns-are-toast-and-on-toast-on-ebay/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Bear Stearns</category><category>BSC</category><category>Childrens Diabetes Foundation</category><category>eBay</category><category>Enron</category><category>LEH</category><category>Lehman</category><category>memorabilia</category><category>Worldcom</category><dc:creator><![CDATA[Zac Bissonnette]]></dc:creator><pubDate>Sun, 21 Sep 2008 11:40:00 EST</pubDate></item></channel></rss>
