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SUSAN TOMPOR: Auction-rate securities probed (Detroit Free Press)
Brokerages and other financial firms nationwide sold auction-rate securities to well-to-do investors, small companies and others as a higher-rate alternative to money market mutual funds or certificates of deposit. But hundreds of thousands of investors hit a major Wall Street pothole last February when they could no longer access what's estimated to be $300 billion in these securities.
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Wensy.com Brings Back the Personal Touch to Auction Sites (AuctionBytes)
Remember the "good old days" of the Web? The days when folks like Pierre Omidyar were starting up sites like AuctionWeb (which later became eBay) just for fun? People put merchandise on their Web site just to see who would stop buy and browse. Making a fortune wasn't the primary goal.
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Vero Beach auction sells homes at bargain prices (Vero Press Journal)
It was like 2005 all over again at The Antilles in Vero Beach on Saturday morning. Realtors were in good spirits, local residents had their checks ready to buy "investment properties," and out-of-towners came in droves to buy their future retirement homes.
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Marubeni wins auction for Senoko Power (Financial Times)
SINGAPORE, Sept 5 - A consortium led by Japanese trading house Marubeni Corp won an auction to buy Singapore’s Temasek-owned Senoko Power, GDF Suez said on Friday, in a deal sources valued at over $2.4bn.
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New CTO auction rules bar non-citizens (Mmegi)
The days when non-citizens dominatedand monopolised government auction of vehicles are over. Government has decided on strict regulations that will allow only citizens to benefit from the auctions.
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Japan's Marubeni-led group to win Senoko auction- sources (Reuters via Yahoo! Malaysia News)
SINGAPORE, Sept 5 (Reuters) - A consortium led by Japan's Marubeni Corp <8002.T> is expected to win the auction to buy Singapore's Temasek-owned Senoko Power, with an offer of more than S$3.5 billion ($2.44 billion), sources said on Friday.
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Buy memorabilia at Mayo's online auction (Daily Record)
How about a Jerry Stiller autographed poster for the family room? Better yet a 12-string acoustic guitar penned by Willie Nelson? Southside Johnny fans out there? There's an autographed poster for you, too.
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Bank of America says ready to settle on auction rates (Washington Post)
NEW YORK (Reuters) - Bank of America Corp (BAC.N), said it is ready to settle federal and state probes into the marketing of auction-rate securities, joining eight other companies that reached agreements.
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(AFX UK Focus) 2008-09-05 03:26 UPDATE 1-Marubeni-led group to win S'pore power auction-sources (Interactive Investor)
SINGAPORE, Sept 5 (Reuters) - A consortium led by Japan's Marubeni Corp <8002.T> is poised to win the auction to buy Singapore's Temasek-owned Senoko Power, with an offer of more than S$3.5 billion ($2.44 billion), sources said on Friday.
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Auction scene brighter (Herald Sun)
CLEARANCE rates crept up as house auctions entered the spring sales season.
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