David Bowie Bonds

David Bowie was known for his ability to reinvent himself. But he also helped inspire a pocket of Wall Street that tries to create money out of weird things. The so-called Bowie bonds were among the first in what would become a wave of esoteric asset-backed securities deals based on intellectual property

David Bowie was not just a musical visionary, he also made history on financial markets two decades ago when he rocked Wall Street with a "celebrity bond", raising $55 million.

David Bowie was known for his ability to reinvent himself. But he also helped inspire a pocket of Wall Street that tries to create money out of weird things. The so-called Bowie bonds were among the first in what would become a wave of esoteric asset-backed securities deals based on intellectual property

David Bowie was not just a musical visionary, he also made history on financial markets two decades ago when he rocked Wall Street with a "celebrity bond", raising $55 million.