Web 2.0 Summit ‘Web Meets World’ Auction to Benefit Three …

The News Review:

- Web 2.0 Summit ‘Web Meets World’ Auction to Benefit Three …
- Postage Stamp Sells for $1035000 in New York Auction
- Accelerated Marketing Partners Launches AuctionNorCal.com to be …
- WabiSabiLabi May Close 0day Auction Site
- Foreclosure Auction Blows Through Windy City
- Stirling Sotheby’s International Realty Targets Canadian Investors …
- Cambridge Heart to Liquidate Investments in Auction Rate Securities

Web 2.0 Summit ‘Web Meets World’ Auction to Benefit Three …
MarketWatch 
Sponsored by Microsoft, the “Web Meets World” auction is inspired by the
theme of looking beyond immediate needs and into a space that transforms
limits into opportunities. The selected auction beneficiaries do just that. The Lance Armstrong Foundation, LIVESTRONG. org, unites people in the fight
against cancer, providing useful information and tools people with cancer need
to live life on their own terms. WITNESS uses video and online technologies to
open the eyes of the world to human rights violations, empowering people to
transform personal stories of abuse into powerful tools for justice and policy
change.

Postage Stamp Sells for $1035000 in New York Auction
MarketWatch 
post office in 1868 sold for $1,035,000
in an auction held today in New York City. The price includes the 15% buyer’s
premium. The stamp was bought by a collector who bid anonymously over the telephone
at Siegel Auction Galleries, a firm that specializes in rare stamp auctions.

Accelerated Marketing Partners Launches AuctionNorCal.com to be …
MarketWatch 
, Oct 29, 2008 (BUSINESS WIRE) –
Homebuyers will have the chance to buy a wide range of new homes in a
variety of styles located throughout the Greater Bay Area and
surrounding region. Accelerated Marketing Partners, which has conducted
numerous auctions throughout the country, will hold California’s
largest new home real estate auction. The company is bringing together
top developers to auction over 150 homes from 15 communities with
minimum bids slashed well below previous asking prices. What: New Home Real Estate Auction of 150 homes throughout Northern
California
When: 1 p.

WabiSabiLabi May Close 0day Auction Site
PC World 
Last year, WabiSabiLabi opened an online auction site for unpatched security vulnerabilities, also called 0days. The company’s stated aim was to provide a market that would allow independent security researchers to earn a living from the vulnerabilities they discover. To prevent vulnerabilities from ending up in the hands of criminals, only qualified buyers are permitted to use the WabiSabiLabi auction site. While security companies routinely pay researchers for vulnerabilities and then keep this information under wraps, some believe researchers should first disclose such vulnerabilities to vendors free and, when a patch is released, make details of the vulnerability publicly available, a practice known in the security community as ethical disclosure. In the end, security researchers recognized the value of having an auction site like WabiSabiLabi, but very few buyers proved willing to use the site, said.

Foreclosure Auction Blows Through Windy City
MarketWatch 
America’s leading real estate auction firm, Hudson & Marshall will auction nearly 120 bank-owned Chicago area foreclosures on November 2, 2008 at 1:00pm at the Chicago Marriott Southwest at Burr Ridge. “Buyers, particularly first time homebuyers, should take advantage of this housing slump and jump into the market,” remarked Dave Webb, Principal, Hudson & Marshall. “Right now there are lots of bank-owned foreclosures on the market and lenders eager to sell them at discounted prices but this won’t last forever,” added Webb. According to the Commerce Department report issued this week, the median sales price of new houses sold in September 2008 was $218,400.

Stirling Sotheby’s International Realty Targets Canadian Investors …
MarketWatch 
com)
will host an auction of select Ginn Resort properties on Nov. 8
featuring nearly 20 homes, condominiums and vacation properties from
renowned Ginn Resort communities in Central Florida, including
Reunion, Bella Collina and Hammock Beach. Several of the properties — including vacation
homes on Florida’s Atlantic East Coast
near Walt Disney World — will be sold
as absolute auction properties. Many homes on the auction block
are custom builder-owned, bank-owned, or bank-authorized auction
properties. The properties, which range from the high C$300′s
to more than C$5 million in value, are expected to be sold at deep
discounts.

Cambridge Heart to Liquidate Investments in Auction Rate Securities
MarketWatch 
29, 2008

TEWKSBURY, Mass. , Oct 29, 2008 (BUSINESS WIRE) –
Cambridge Heart, Inc. (OTCBB-CAMH), today announced that Citigroup has
informed Cambridge Heart that it will liquidate the Company’s
investments in auction rate securities (ARSs) that had been previously
deemed illiquid. Citigroup’s agreement, which
was the result, in large part, of a larger settlement between Citigroup,
the United States Securities and Exchange Commission and the Attorney
General of New York, calls for Citigroup to liquidate the securities at
par value by November 5, 2008. To date, Citigroup has liquidated $3. 1
million of the Company’s ARSs.
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