Southern California Edison Deal Toy
notes: label: Description
content: This is a "tombstone" or “deal toy” that was used to commemorate the closing of a major business deal. As the influence of the financial sector and the size of deals grew, deal toys often became more elaborate and colorful, as shown in this surfboard toy. This toy commemorates the Southern California Edison power company selling five hundred million dollars of first mortgage bonds at 5.75%. The 200 series bonds had a trade date of October 7th and a settlement date of October 15, 2008 with payments on the bond due in March and September. The principal was to be paid on March 15th, 2014, and the security was given and A rating by Standard & Poor’s.
label: Description
content: The base of the toy is made to look like sand, and the yellow surfboard reads “The Riding The Credit Market Waves / October 2008 / Southern California Edison / $500,000,000 / 5.75% First Mortgage Bonds due March 15, 2014 / Joint Book Running Managers / Bank of America / Citi / Deutsche Bank / J.P. Morgan.”
setName: label: See more items in
content: Work and Industry: Production and Manufacturing
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content: Industry & Manufacturing
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content: American Enterprise
label: Exhibition
content: American Enterprise
label: Exhibition Location
content: National Museum of American History
creditLine: label: Credit Line
content: Gift of Edison International
dataSource: label: Data Source
content: National Museum of American History
identifier: label: ID Number
content: 2014.0092.01
label: catalog number
content: 2014.0092.01
label: accession number
content: 2014.0092
objectType: label: Object Name
content: deal toy
physicalDescription: label: Physical Description
content: green (overall color)
label: Physical Description
content: white (overall color)
label: Physical Description
content: plastic (overall material)
label: Physical Description
content: yellow (overall color)
label: Measurements
content: overall: 8 5/8 in x 3 7/8 in x 2 1/2 in; 21.9075 cm x 9.8425 cm x 6.35 cm