Word: auctioner
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...Ford Motor Co., and you may think things are pretty bleak in Dearborn, Mich. A new CEO, Alan Mulally, is parachuting in from Boeing, supposedly armed with turnaround tools that will put Ford in the black. One part of the company's luxury division, Aston Martin, is on the auction block, and Jaguar and Land Rover may soon follow. Wall Street has lost confidence: Ford's stock, which closed at $8.77 a share last week after a recent run-up, is still valued at less than the company's cash on hand. This week Ford is expected to unveil...
...anyone - from a herdsman to a fisherman - who stumbles on something ancient and refuses to hand it over to the state. The second is more refined. He acts as a go-between, buying the looted items and marketing them to the third type, namely big-time collectors, antiquities dealers, auction houses - even museums - that know the true provenance of the items. How do you solve these cases in a country like Greece, where almost every household holds some ancient relic or icon? It's impossible to monitor every inch of the country. But we have a good network of informants...
When hundreds gather for Thursday's Kentucky Governor's Annual Ham Breakfast at the state fair, it's a safe bet that the draw will be the prized ham - which last year brought a record $340,000 at auction - and not Gov. Ernie Fletcher. The governor, whose 2003 election capped nearly a decade of prior Republican gains in the once-Democrat-dominated state, finds himself with few friends and a growing list of potential challengers from within his own party. His tenuous re-election prospects - and the distancing from Fletcher by the state's Republican chieftain, Senator Mitch McConnell - suggest...
...appeal is the "Ultimate Wine Fund" offered by the private-banking arm of the French giant Soci?t? G?n?rale Group. Available primarily to customers of SocG?n's Asian private bank, the fund is linked to a specially created Cayman Islands firm that, acting on the advice of wine experts and auction houses, buys and stores select vintages. Investors wanting to cash out after the minimum one-year holding period may redeem their shares for actual bottles of wine, which can be drunk or resold at a profit (or loss) by a wine broker. "It's a physical fund...
...your phasers to sell. Star Trek-abilia, including Spock's ears and Captain Kirk's chair, went on display in London last week to gear up for an October auction marking the series' 40th birthday...