From the BBC:
Watergate Hotel attracts no bids
The Watergate Hotel has been closed since 2007
An attempted auction of the Watergate Hotel, part of a Washington landmark made famous by a presidential scandal, has failed to attract any bids.
The opening price on the hotel was $25m (£15.2m), but none of the 10 people registered to bid did so.
You could always get in on something cheaper and closer, the Chicago Post office building:
http://en.wikipedia.org/wiki/Chicago_post_office
August 27th, starting bid $300K.
When I saw "a sign of the times" I thought you were going to mention this:
http://www.mysuburbanlife.com/riverside/homepage/x488849236
"A woman has been charged with several counts of felony theft after being arrested in connection with stealing property from Riverside yards and selling the merchandise, police said."
A plan to secure Riverside's financial future! We sell shares to the residents in a new venture to launch a competing suction site like Swoopo! We can use the VC and pack it with servers. Check this out...
Why the economic situation cannot correct quickly. Repeat "cannot." This will take a long time to unwind and will need to be paid for by kids that are just starting in at Hauser and even Central. Here's why...
http://articles.moneycentral.msn.com/Investing/SuperModels/mad-world-chinas-bind-is-ours-too.aspx
Roubini: Recovery will be ugly... Better plan for hard times...
http://moneynews.newsmax.com/streettalk/roubini_recovery/2009/07/21/238301.html
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