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As
seen in Forbes and Investment Dealers Digest
How
to measure whether a banker is having a good year:
Count
his pieces of Lucite.
The Art of the Deal Toy (excerpted from Forbes 12/27/99)
By Chana Schoenberger
YOU MIGHT CONSIDER Edward M. Strauss a lagging indicator for the
mergers-and-acquisitions business. Ed's not a guy who makes deals,
but his company, Arrow Advertising, does make deal toys, those polymethyl
methacrylate tchotchkes that give meaning to an investment banker's
life.
After each successful deal, banks commission deal toys emblazoned
with names of the institutions involved and other particulars. Costing
from $20 to $100 each, they line the credenzas of all the egos involved
in the transaction.
Strauss says his $4 million deal-toy business has doubled recently;
he now gets 75 orders a month for about 25 baubles apiece.
The deal-toy crowd often wonders if the trend will turn. "Is there
too much plastic in offices?" asks Strauss. But even an economic
downturn wouldn't be a disaster. Says he, "We do deal toys for bankruptcies,
too."
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Arrow Advertising
386 Park Ave South, Suite 705
New York, NY 10016
phone: 212-684-6400, ext 10
fax: 212-951-7314
email: mail@dealgifts.com
Visa, MasterCard and
American Express accepted
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