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 |
Turner and a Few Others Succeed at Slow Sales
One of J. M. W. Turner’s classically romantic images brought $13 million at Sotheby’s on Thursday morning, becoming the most expensive work in two days of turbulent old master painting sales. nytimes.com |
A Market for Cars Born to Run
Recent sales figures suggest that former racecars may find success on the collectible car auction block. 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 |