| 2 Banks to Buy Back $7 Billion in Securities JPMorgan Chase and Morgan Stanley agreed to repurchase a combined $7 billion in auction-rate securities as part of a settlement with regulators. nytimes.com |
Ballet Auction Offering More Than Sugar Plums American Ballet Theater will sell several items and opportunities, from signed point shoes to backstage visits and dinners with soloists and principal dancers. nytimes.com |
And Do I Hear $2 Million? No? $1 Million? Sold! Awash in unsold inventory, developers in New York are looking to condo auctions to jump-start the market. nytimes.com |
Ferrari History on the Block The 2009 Leggenda e Passione auction in Italy should offer treats of many flavors. nytimes.com |
Mansions Go Under the Gavel With the real estate market in the doldrums, many owners of multimillion-dollar homes are being pushed by creditors or courts to use auctions. nytimes.com |