Bear Stearns Hat - Navy Blue

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Our Price: $49.50

Vintage Collection

Product Code: 1071

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Description

Great hat from the now defunct Bear Stearns. Approx Dimensions: one size fits all Approx Age: unknown Condition: new

Prior to its sale to JP Morgan Chase in 2008, Bear Stearns was one of the largest investment banks in the world. In 2007 Bear Stearns was badly damaged by the subprime mortgage crisis. After an emergency loan from the Federal Reserve Bank of New York failed to save the company, it was sold to JP Morgan Chase for a price well below its one time high of over $100.00 per share.