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Bear Stearns Secured Investors Inc., 1989 Specimen Registered Bond

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:55.00 USD Estimated At:110.00 - 220.00 USD
Bear Stearns Secured Investors Inc., 1989 Specimen Registered Bond
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The auction will take place on Wednesday, September 22, 2021 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
Delaware. $-Odd, Class 3-F, Collateralized Mortgage Obligation, Series 1989-3, Black print with burgundy end panel at left and under tint, Company title at top, Printed and Pin punched Specimen at bottom, VF-XF condition, SC-USBNC. The Bear Stearns Companies, Inc. was a New York-based global investment bank, securities trading and brokerage firm that failed in 2008 as part of the global financial crisis and recession, and was subsequently sold to JPMorgan Chase. Its main business areas before its failure were capital markets, investment banking, wealth management, and global clearing services, and it was heavily involved in the subprime mortgage crisis which this certificate is evidence of that part of their business.