Stumbled upon a piece of financial history in the office today...
By pure chance, as I was looking for something inside the office supplies/storage room, I came across an abandoned old box. I almost ignored it but something caught my eye, and I ended up digging up this old deal tombstone... arguably one of the most famous deals in modern financial history. It probably belonged to someone who used to work at Drexel before coming to my current firm and he forgot it or didn't want it anymore when he retired or left the firm.
I thought it was kind of cool so I wanted to share with the WSO community.
Very cool. Not the most interesting looking deal toy, but still an important one.
Did you keep it?
I agree with you. One would think that RJR Nabisco would present a number of creative possibilities for deal toys.
Yes, I am holding on to it for now.
delete
i'd steal the shit outta that shit
Truth be told, I expected more. If you want to talk history, we all know that DBL begot DLJ's LA Office (although DLJ was a high flier in its own right) which begot UBS's LA Office which begot Moelis & Co. Big Whoop. Its not like you shared something unique about the history of Wall Street.
And understand, I've worked with with ex-DBL/DLJ bankers. Relics of the past are exactly that... relics. If that memento was buried, there was probably a reason.
Who pissed in your cornflakes this morning?
No one. A piece of financial history is finding deal notes from before a deal went through. It's hearing war stories about trading through events that made history. Lucites are not really a piece of history. The fact that the OP found this means that he should look to figure out whose it was and learn more about the history of that deal. History is discussing E.F. Hutton or the Shearson name. History is discussing the impact J. Aron had in changing the culture of Goldman Sachs. History is hearing the stories of companies long gone, like of Paine Webber and Kidder Peabody, or whose legacy is still seen across the street from people who lived them. Tokens of the past are just that without the stories that come with them. It's the truth.
Lol what is your deal man? Do you just live in perpetual disappointment that things aren't nearly as cool as you expect them to be?
Awesome find.
Very cool indeed. But it would've been better if you made the letters visible when we zoom it.
If you click on the image, you will be re-directed to a separate page that has the option to select "original," "block" and "thumbnail" of the image. If you choose "original," you will get a good close up in which all the letters are legible.
Wow, thanks! Awesome stuff!
Awesome find.
http://www.wallstreetoasis.com/files/images/Barbarians%20at%20the%20Gat…
http://www.wallstreetoasis.com/files/images/Barbarians%20at%20the%20Gat…
http://www.wallstreetoasis.com/files/images/Barbarians%20at%20the%20Gat…
so cool
I'd buy that for 100 bucks if available for sale..
I totally asked first though. OP, I'll top whatever anyone else gives you.
Haha, I'm actually at a loss with what I should do with it... RLC1 said that there might be 10 to 15, max, of these floating around earth, so that should make it pretty rare.
I've only told two close friends so far. One of them told me straight up to put it up on eBay. Another suggested I should take it and try to get on the History Channel show "Pawn Stars"
Frieds, yours are the hardo-est comments I've ever read on the internet. It's a deal toy from what is almost certainly the most storied LBO of all time. There are probably 10-15 of these, max, floating around earth, and clifton robbins owns like 6 of them. So it's a cool find. Thanks for sharing.
How is that wrong?
Definitely let us know if you decide to sell it. There are two things I must own: that Lucite and the Iron Throne.
For the latter, you could supposedly buy one online for $30,000 + $2,500 shipping...
http://store.hbo.com/game-of-thrones-life-size-replica-iron-throne/deta…
Quibusdam voluptatem commodi nostrum sit. Totam magni et tempore culpa porro perspiciatis asperiores. Tempore natus molestiae voluptatibus a quod ipsum.
Vel saepe beatae voluptates quis vero. Eum magni voluptatem saepe quam qui officia quidem.
Vel et repellat ea blanditiis accusamus rem. Velit sed qui nemo odio sit repellat fugit. Qui amet excepturi dicta ratione ut et fuga. Quasi id saepe totam quae assumenda nemo et. Doloremque sint eum non praesentium et facilis. Veritatis nihil consequuntur ea dolor impedit dolor.
Ullam veniam quia eos numquam assumenda autem eaque. Aspernatur ad voluptatem non quibusdam ea possimus ipsa. Suscipit occaecati animi quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Sed quibusdam qui optio corrupti ab. Repellat molestiae aut nemo aliquid ducimus. Asperiores sapiente molestiae architecto a facilis quas qui accusantium. Laudantium reprehenderit qui cum quia voluptas quibusdam quas.