auction

An Internal Revenue Service auction of tax evader Elaine Brown's possessions netted the government nearly $80,000. A Queens, N.Y., man placed the winning $32,250 bid for a 32.15-ounce bar of Engelhard gold. Peter Rhee intends to give the golden prize to his three grown children as an investment, he said.

It is a grim ritual being performed across America's heartland. Foreclosure sign. US debt misery looms over White House race There were 1.7 million foreclosures in America in the first eight months of 2007 Wednesday lunchtime and in the lobby of the Sheriff's Justice Centre an auctioneer, lawyers, bank representatives and prospective buyers are gathered for the latest foreclosure sales.