The News Review:
- At Upbeat Christie’s Auction Some Record Prices
- BankUnited Auction Extended As Thrift Scrambles For Capital
- Circuit City brand Web site sold at auction
- Schwarzenegger Threatens to Auction Iconic Properties Amid Budget …
- 43-Carat Diamond Worth $20M Goes to Auction
- Canada To Auction C$3B f 2.00% 2014 Bonds n May 20
- Indonesia c.bank gets no bids in reverse-repo auction
At Upbeat Christie’s Auction Some Record Prices
New York Times
Such was the auction whiplash that occurred over a 24-hour period. Unlike Sotheby’s sale on Tuesday where bidding was thin and buyers reluctant.
BankUnited Auction Extended As Thrift Scrambles For Capital
CNNMoney.com
(BKUNA) has been extended until next week accordingto a person familiar with the matter. Bidders were originally asked to submit their pitches to the Federal DepositInsurance Corporation by noon Thursday. However that deadline has been extendedto next Tuesday the person said. The thrift based in Coral Gables Fla.
Circuit City brand Web site sold at auction
The Associated Press
(AP) — Bankrupt Circuit City’s brand trademarks and e-commerce business have been sold at auction to Systemax Inc. the same company that purchased electronics retailer CompUSA’s intellectual property when it closed in 2008. A spokeswoman for Streambank LLC the intellectual property consulting firm hired by Circuit City Stores Inc. said the assets were sold at auction Monday to New York-based Systemax. Terms of the deal were not available.
Schwarzenegger Threatens to Auction Iconic Properties Amid Budget …
Wall Street Journal
Arnold Schwarzenegger is threatening to auction off some of state’s most iconic properties — from the San Quentin state prison to the Los Angeles Memorial Coliseum — if the state doesn’t move quickly to close its widening budget shortfall. The plan which is expected to be announced this afternoon in Sacramento as part of a revised state budget faces political and regulatory hurdles. However it underscores the drastic lengths the cash-strapped state is willing to consider to fix its ongoing fiscal crisis. ther properties on the list include a concert hall called the Cow Palace in Daly City Calif. and fairgrounds in Sacramento and Del Mar.
43-Carat Diamond Worth $20M Goes to Auction
FXNews
The diamond which federal prosecutors say could be worth up to $20 million was confiscated from a man who tried to sell it to an undercover agent posing as a broker for a South American drug cartel. Paul Monea of Alliance near Canton was convicted of money laundering. This week federal Judge John Adams ruled that marshals can auction the diamond with the money going to the government. He rejected ownership claims from Monea’s children a New York minister and a California business owner.
Related from Worlddiamondcongress2008: Arkansan Finds Stunning 2.04-carat Yellow Diamond
Canada To Auction C$3B f 2.00% 2014 Bonds n May 20
Wall Street Journal
–>Canada To Auction C$3B f 2. 00% 2014 Bonds n May 20 ArticleCommentsmore in.
Indonesia c.bank gets no bids in reverse-repo auction
Forbes
Bank Indonesia held an auction on Thursday aimed at soaking up excess cash from commercial banks and absorbing 2 trillion rupiah ($192. com:%20Indonesia%20c.