With only the shirts on their backs

March 25, 2008

bear-stearns-shirt.JPGBear Stearns shares are trading well above $10 after JPMorgan quintupled its offer for the troubled investment bank, and even the most prosaic pieces of memorabilia are keeping pace on eBay.

Following up on our post from last week, Reuters’ Jennifer Ablan reports that a used extra-large men’s T-shirt, blue, with a white Bear Stearns logo sold for a whopping $151.76 on Monday evening.

The T-shirt seller, Jennifer Cseplo of Dublin, Ohio, said her husband got the shirt as a gift four years ago and wore it to work out in.

“I thought I would get $20 for it and be happy. This is pretty crazy,” Cseplo said.

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