Sunday, November 15, 2009
Bernie Madoff's loot Gets Liberated
It will never repay the thousands of victims he stole billions from but the right thing has start somewhere. The liquidation of his physical assets is far from complete, here are some of the things you could have had if you were at the auction on Saturday November 14th in New York which featured jewelry. In total an estimated 188 items were auctioned off.
Perhaps that most attractive piece was Madoff's NY Met's Jacket. New York Aquarium worker Mario Ramirez had designs on it. He attended the auction an envelope of $3,500. His big plan? To sell it on ebay but only after he wore it for a season showing off Madoff's name emblazoned on the back. Sadly his $3,500 wasn't enough. In a heated bidding war the jacket ended up going for $14,500.
Other items of note were Madoff's duck decoys which ended up being fiercely bid for at $3,250-$4,750.
Oh... and don't feel too bad you missed out on these items. You can bid on his Yachts on November 17th! Visit www.yachtauctions.com/madoff
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