Word: auction
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Dates: during 1980-1989
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...four-day auction brought in more than $800,000. The FSLIC, which currently holds $9.6 billion in assets seized from failed thrifts, has raised more than $300 million this year by selling off their property. That comes to roughly one five-hundredth of what the S & L bailout will cost U.S. taxpayers in the next ten years...
...judge allows the buildings to be sold at auction, Budd said, the bulk of the proceeds will be divided among federal, state and local law enforcement agencies...
...Dallas office of lawyer Jules Mayer, a kind of macabre shrine to his former client Jack Ruby. Missing from this memento mori: the .38-cal. Colt Cobra that killed Lee Harvey Oswald. This bizarre souvenir of the assassination may be worth as much as $250,000 at auction. At least that's what Mayer claims as he squabbles with Ruby's two brothers and two sisters over who has rights...
...have turned the once staid investment into a popular favorite. Small investors bought three-month and six-month T- bills at the record pace of $2.5 billion a week during the first quarter of 1989, compared with $2 billion a year ago. Says a Chicago Federal Reserve officer: "On auction days, you'd think this was the racetrack...
...true feeling." Two years later, Bernard Berenson wrung his neck: "We turn away from Guido Reni with disgust unspeakable." And it was downhill from there; in 1910 one of his versions of Bacchus and Ariadne sold at Christie's for just under (pounds)10, a fraction of its auction price 60 years before. The nadir was in the late '50s, when you could get a 10-ft. Guido Reni (if you wanted it, which few did) for less than $300 at auction. Reni's posthumous career is not one the heroes of the Late Modernist Art Industry can contemplate with...