Bernie Madoff's Montauk digs went for $9.4M! Originally listed at $8.4M, the Corcoran Group's apparently the U.S. Marshals' favorite real estate agency. Proceeds go straight into to a Madoff victims fund, no word on the buyer. But the quotes? Priceless.
It seems like every day brings with it another apartment, boat, or car that the government is now auctioning off because its owner is either behind bars or about to head to prison any minute now. Today is no exception! The 112-foot yacht that belongs to accused fraudster "Sir" Allen Stanford is now up for sale. It's…
You could be the proud new owner of The Madoffs' Montauk beach estate, for the low low price of $8.75 million or so! Click through for a photographic tour of your future party pad—including the sexxxy room!
Sick of haggling with an uncooperative union as an irretrievably dying paper loses more money every day, the New York Times Co. has hired an investment bank to sell off the Boston Globe. Buyers: ignore the preceding sentence. Great opportunity!
You missed your chance to swoop in like a vulture and take advantage of some of the poor souls who lost everything to Bernie Madoff's Ponzi scheme. Over the weekend, Palm Beach's Kofski Antiques held a two-day "Madoff Estate" sale and offered up the possessions of two Madoff investors who lost their fortunes as part…
Though apologist analyst were apparently out in force, and though the firm bragged about selling $1 million in Barack Obama knicknacks (whee!), there was no hiding the New York Times Company's financial distress at a bank's media conference in New York Tuesday. The most alarming report in the wake of the event: Word…
Layoffs and dividend cuts apparently aren't enough to get the New York Times Company out of the financial woods. The Times reports the company plans to mortgage or sell (and lease back) part of its shiny new Renzo Piano headquarters building, which cost half a billion dollars to build. It assigned Cushman & Wakefield…
