Wall Street
€6.00 Sold out
This original embroidered design is strongly influenced by nostalgic '80s finance themed movies and books. Classics like Wall Street (1987), Liar's Poker, American Psycho...
► "A fallen angel is a bond that was given an investment-grade rating but has since been reduced to junk bond status due to the weakening financial condition of the issuer. There is a fine line between fallen angel bonds and value stocks, some have the potential to recover from short-term challenges, and some are headed straight toward bankruptcy."
► This particular type of junk bonds kickstarted the notorious junk bond boom during the late 1970's and '80s. Mike Milken, the 1980s 'Junk Bond King' also started his highly profitable high yield business with 'Fallen Angels'.
⌀ Diameter: 8cm / 3,15in
Patch has an overlocked edge and a backing layer made of very thin fleece fabric.
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