Towns Put Their Surplus on the Block
Seized cars, foreclosed homes and lost luggage raise millions for municipalities. nytimes.com |
Big Payments Are Expected in Credit Default Swaps
The government’s takeover of Fannie Mae and Freddie Mac may lead to one of the largest ever payments in the credit default swap market, analysts said. nytimes.com |
In ‘a Recalibrated Market,’ Auction Buyers Take Over
A contemporary art auction at Sotheby’s brought in $47 million, about half of what one work fetched last year. nytimes.com |
This TV Station Could Be Yours for $550,000
A UHF station in Michigan that shows a mix of live talk shows and family and outdoor sports programming is for sale on eBay. nytimes.com |
If the Picasso Was Out of Reach, Maybe Its Former Home Will Do
Picasso’s “Nu au Plateau de Sculpteur” sold for a record-breaking $106.5 millions, but the home of the art patrons who owned it is still available, for $24.95 million. nytimes.com |