Fund Manager Is to Refinance Stalled Auction-Rate Notes
Nuveen Investments said that it had a commitment for up to $1.75 billion in liquidity support to help refinance the troubled auction-rate preferred shares its funds once issued. nytimes.com |
An Auction With Training Wheels
“Real Modern,” an auction aimed at young, budget-conscious collectors, will be held Feb. 14 and 15 at Sollo Rago Modern, an auction house in Lambertville, N.J. nytimes.com |
Chinese Bidder Says He Won’t Pay for Looted Bronzes
The bidder for two prized Chinese sculptures surfaced Monday, saying it was his patriotic duty to refuse to pay the $40 million winning bid. nytimes.com |
Bidding on Madoff’s Trove While Helping Victims
About 700 people at the Sheraton New York Hotel and Towers in Midtown Manhattan and more than 1,000 others online vied for items ranging from a Mets jacket to Ruth Madoff’s jewelry. nytimes.com |
Treasury Auctions Set for Week of Nov. 22
The following tax-exempt fixed-income issues are scheduled for pricing this week. nytimes.com |