Word: auction
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Dates: during 2000-2009
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Flipping through antique catalogs last summer, Gates came across a manuscript purportedly written by a female slave in the 1850s. He bought the document at an auction for less than $10,000 and spent the next year authenticating the text and narrowing down its possible author...
Companies looking to recast themselves as lean, mean corporate machines have three options. The preferred method of divestment is a sale, especially if there's enough interest to create an auction - and get a premium price. But buyers are not always available in slow economic times, and some divisions are not appealing to anyone. "If you can't sell it or if it is very large, you do a spin-off," says Paul Gibbs, head of M and A research at J.P. Morgan in London. A spin-off is essentially giving a unit to shareholders. But because spin-offs...
...These are uncompromising times,” the narrator declares in Salman Rushdie’s reading of “At the Auction of the Ruby Slippers.” Uncompromising in its obsession with the free-market sale of humanity and our acceptance of intolerance and division in exchange for universalizing cash, the futurist society Rushdie portrays nonetheless laments “the moral decay of our post-millennial culture.” In place of the fictions, strange fantasies and alien desires that permeate their lives, Rushdie’s characters search for “home?...
...return to the normalcy of home in such a perverse and threatening world? Rushdie’s ironic response: Dorothy’s (of The Wizard of Oz fame) ruby slippers. “At the Auction of the Ruby Slippers” is a nightmarishly portentous satire that reflects Rushdie’s vision of the current state of the West. In The Grand Saleroom of the Auctioneers, the narrator finds himself amid the religious fundamentalists, orphans, untouchables and even imaginary beings like E.T., who have come to bid for the slippers as an “affirmation...
...PUBLIC AUCTION An appraiser and auctioneer can be paid by the estate to assess and sell any unwanted or disputed items at a public auction. Family members are welcome to bid along with the public for their heirlooms, with all profits going to the estate...