Towers Financial Infant Bodysuit
Black / NB (0-3M)
$19.99
Product Details & Size Guide
GhostCorp Apparel - resurrecting iconic corporate ghosts.
For families who enjoy sharing curious chapters of American business history, this infant bodysuit brings an unexpected company story into the conversation. Towers Financial began as a Manhattan debt collection agency and became known for a major investor fraud scandal before its 1993 bankruptcy. The subject is best suited to history-minded collectors and family keepsakes focused on documented events. It does not celebrate the deception that harmed investors or the people responsible for it.
Towers Financial Corporation was a debt collection agency founded in downtown Manhattan in the early 1970s and incorporated in Delaware. It bought loans considered worthless by sellers, including debts owed to hospitals, banks, and telephone companies, for about a penny on the dollar. Founder Steven Hoffenberg led the company as CEO, president, and chairman. In 1987, he hired Jeffrey Epstein as a consultant and set him up in offices at the Villard Houses in Manhattan. The company also pursued unsuccessful takeover bids for Pan Am and, in 1988, Emery Air Freight. From 1988 to 1993, Towers Financial raised more than $400 million through bonds and promissory notes, using false financial statements to attract investors. In February 1993, the Securities and Exchange Commission alleged that reported profits concealed substantial losses. The company filed for Chapter 11 bankruptcy protection in March 1993. Hoffenberg later pleaded guilty to criminal charges and was sentenced in 1997. The case became a major financial fraud scandal in the United States.
For families who enjoy sharing curious chapters of American business history, this infant bodysuit brings an unexpected company story into the conversation. Towers Financial began as a Manhattan debt collection agency and became known for a major investor fraud scandal before its 1993 bankruptcy. The subject is best suited to history-minded collectors and family keepsakes focused on documented events. It does not celebrate the deception that harmed investors or the people responsible for it.
Towers Financial Corporation was a debt collection agency founded in downtown Manhattan in the early 1970s and incorporated in Delaware. It bought loans considered worthless by sellers, including debts owed to hospitals, banks, and telephone companies, for about a penny on the dollar. Founder Steven Hoffenberg led the company as CEO, president, and chairman. In 1987, he hired Jeffrey Epstein as a consultant and set him up in offices at the Villard Houses in Manhattan. The company also pursued unsuccessful takeover bids for Pan Am and, in 1988, Emery Air Freight. From 1988 to 1993, Towers Financial raised more than $400 million through bonds and promissory notes, using false financial statements to attract investors. In February 1993, the Securities and Exchange Commission alleged that reported profits concealed substantial losses. The company filed for Chapter 11 bankruptcy protection in March 1993. Hoffenberg later pleaded guilty to criminal charges and was sentenced in 1997. The case became a major financial fraud scandal in the United States.
| NB (0-3M) | 6M | 12M | 18M | 24M | |
| Width, in | 7.50 | 9.00 | 10.00 | 11.00 | 12.00 |
| Length, in | 10.75 | 11.76 | 12.75 | 13.75 | 14.75 |
| Sleeve length, in | 2.52 | 2.76 | 2.99 | 3.23 | 3.50 |
Product features
- 100% combed ringspun cotton for solid colors (lightweight 4.5 oz/yd²)
- Side seams for better shape retention
- Ribbed knit binding for soft, flexible neck and sleeve openings
- Matching plastic crotch snaps for easy diaper changes
- Tear-away label and REACH compliant materials
Care instructions
- Machine wash: cold (max 30C or 90F)
- Non-chlorine: bleach as needed
- Tumble dry: low heat
- Do not dry clean
- Do not iron
EU representative: HONSON VENTURES LIMITED, gpsr@honsonventures.com, 3, Gnaftis House flat 102, Limassol, Mesa Geitonia, 4003, CY
Product information: Rabbit Skins 4424, two year warranty in the EU and Northern Ireland
Warnings, Hazard: For children
Care instructions: Machine wash: cold (max 30C or 90F), Non-chlorine: bleach as needed, Tumble dry: low heat, Do not iron, Do not dry clean