Lehman Brothers Toast for Sale on Ebay

September 16, 2008 No Comments »

toast

An enterprising auctioneer has put a piece of toast containing the initials of Lehman Brothers and Bear Stearns up for sale on Ebay.

The seller explains in the item description that he had placed a single slice of bread in his toaster, only to find the initials “LB” on one side and “BS” on the other when it was finished toasting.

It’s all rather coincidental considering the fate of the two former investment banks, soon to be just a slice of history.

The bidding for the burnt toast starts at one dollar, and amazingly, the item has failed to snag a single bid.

But at least it’s for a good cause, as the money raised from the auction will be donated to the Children’s Diabetes Foundation.

Others related items up for bid on Ebay include a “Lehman Brothers Fire Safety Team” hat, which by now is just sadly ironic.

And a Lehman Brothers bottle opener, which the seller claims is only good enough to “bail you out.”

Unfortunately, there are so many Lehman Brothers items for sale on Ebay now that it’s become a buyer’s market.

Yesterday, the fabled investment bank announced it was forced to file Chapter 11 bankruptcy after scores of mortgage investments soured.

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