Word: auction
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Even by the standards of beltway largesse, the arrangement was breathtakingly generous. In April the Federal Communications Commission, at the behest of Congress, handed out prized space on public airwaves to the nation's television broadcasters, space that would have fetched the public as much as $70 billion at auction. The broadcasters got better than a good deal on the new frequencies (effectively, a second channel for each of the nation's 1,500 TV stations). They got them for free. "The largest single grant of public property to a single industry in this generation," grumbles FCC chairman Reed Hundt...
...species, is thought to consist of perhaps 40,000 adults, down from some 250,000 two decades ago. Reason: the flourishing airfreight industry that allows fish brokers to deliver Atlantic Ocean bluefin overnight to Tokyo's sashimi market, where a single fish can fetch $80,000 or more at auction. "To a fisherman, catching a bluefin is a lot like winning the lottery," sighs Stanford University marine biologist Barbara Block...
Museum officials would not comment on the value of the piece or on how much Wertheim paid at auction when he bought it at Wildenstein & Company...
...article's claims about Van Gogh's "Sunflowers" also brought a swift response from Christie's, where the painting was sold at auction...
...have seen the story and there is no reason to question the authenticity of the picture," the auction house said in a the statement