The News Review:
- Japan Bonds Little Changed as Dealers Prepare for Debt Auction
- TW ZACHARIAH REYNLDS PENMANSHIP DRAWINGS
- Lenders Suing Consumers Even After Repossessing Cars
- Rescuers battle trend of ‘killer buyers’ at California auction houses
- Madoff Disaster-Recovery Kit Up for Auction at EBay
- Restaurant auction draws $25K
Japan Bonds Little Changed as Dealers Prepare for Debt Auction
Bloomberg
29 (Bloomberg) — Japan?s government bonds were littlechanged amid speculation dealers trimmed their holdings of thesecurities to prepare for an auction of 10-year debt next week. Primary dealers which are required to bid at debt auctionstend to reduce holdings of bonds in case prices decline beforethey can pass on the new securities to investors. Bonds may dropas yields near a three-year low deter investors from buying anda technical chart suggests recent gains were too rapid. Benchmark bonds are set to complete the best year since 2002. ?There seems to be some hedge-selling in preparation forthe 10-year auction in the new year? said.
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TW ZACHARIAH REYNLDS PENMANSHIP DRAWINGS
Auction Central News NY
Dirk Soulis Auctions Auctioneers reserves the right to hold items purchased by personal check until the check has cleared the bank. A buyer’s premium of 15% will be added to the hammer price of each lot.
Lenders Suing Consumers Even After Repossessing Cars
MSNBC
Even after paying off part of the balance with the auction proceeds a large gap or deficiency remains. Car lenders aren’t always ready to forgive them. Making the problem worse is the poor resale value of SUVs trucks and big cars at auto auctions. When these out-of-demand vehicles sell for low prices at auction the deficiency grows. People often are shocked to learn they still owe thousands on a vehicle when they no longer own it according to attorneys who work on deficiency cases.
Rescuers battle trend of ‘killer buyers’ at California auction houses
Contra Costa Times CA
Preisner co-founder and vice president of Nor-Cal Equine Rescue said she is saving all the horses she can but when small ranchers and private owners are scrambling to keep their jobs and homes more horses have no place to go and no one to care for them. Hours before bidding time at a recent Roseville livestock auction Preisner walked through the corrals and picked out horses that few would want: the old the young the untrained the race horses the stallions and the injured. Preisner said that if she didn’t buy them it’s likely they would end up being sent to Canada or Mexico for slaughter. The owners of the Roseville livestock auction said they don’t do business with so-called “killer buyers” but it’s hard for them to know what happens to horses once they leave the auction house. Nor-Cal Equine Rescue tries to find people who will feed and house unwanted horses until they die naturally. The organization’s placement rate is 95 percent but Preisner said adopting out horses is becoming increasingly difficult in today’s economy.
Madoff Disaster-Recovery Kit Up for Auction at EBay
Bloomberg
26 (Bloomberg) — A. ?s Web site assellers look to turn a quick buck after the money manager wasaccused of masterminding a $50 billion Ponzi scheme. A flashlight and backpack as well as the employee emergency kit are among items on EBay carrying insignia ofBernard L.
Restaurant auction draws $25K
Wicked Local Truro MA
of Revenue auction to recoup over $43000 in back taxes owed by George’s Pizza fell far short of what is owed to the state. 18 auction of the personal property and liquor license of George’s Pizza all sold for only $25000 leaving an $18000 balance still owed to the state in mostly unpaid meals taxes. George and Margaret Kraniotakis the owners of the building purchased all of the property as well as the liquor license.