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B&B real estate fire sale.

Article from: Australasian Business Intelligence Article date: November 19, 2008

Byline: Bridget Carter

Nov 19, 2008 (The Australian - ABIX via COMTEX) -- Babcock & Brown announced that its real estate management operations would be offered for sale on 19 November 2008. CEO, Michael Larkin, said the investment bank had held discussions with a number of interested parties, although analysts suggested that some assets could be sold through management buyouts.

Publication Date: 20 November 2008 

 
BABCOCK AND BROWN LIMITED - ASX BNB 
BABCOCK AND BROWN RESIDENTIAL LAND PARTNERS GROUP - ASX BLP 
BABCOCK AND BROWN JAPAN PROPERTY TRUST - ASX BJT 
GPT GROUP - ...
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Papa’s Got a Brand New … Jumpsuit?

Posted Apr 8, 08 6:00 PM CDT in Gossip 

Papa’s Got a Brand New … Jumpsuit?
Source: AP Photo

(Newser) – Estate sales are always a mixed bag, but the James Brown auction at Christie’s in August will be something special, TMZ.com reports. Sure, fans will be able to snag coveted items like a Grammy or keyboard, but the Godfather’s socks, underwear and canceled checks? Say it loud: His estate is broke.

A judge ordered the auction to pay off the estate’s legal fees and overdue taxes—$1.6 million for just this year's bills. The 394 lots also include a letter to his banker hand-written from prison and more than a dozen jumpsuits—including a “sex jumpsuit" (with moth holes). In keeping with family custom, the feuding factions dispute the ownership of certain items.

More about:  auction • memorabilia • Christie's • music sales • estate • James Brown

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 Medical Bracelet
 With Soul Sells for $32K 

James Brown's goods sell for $850K at controversial auction

E! Online E! Online Jul 18, 08 8:11 AM CDT
(Newser) - The personal belongings of James Brown sold for $850,000 at a bittersweet Christie's auction yesterday, E! Online reports. Letterman bandleader Paul Shaffer provided the day's surprise by shelling out $32,500 for the medical bracelet Brown was wearing before he died on Christmas Day in 2006; the estimate had been $200 to $300. A full-length, black satin cape drew $47,500, and a jumpsuit studded with the acronym GFOS  $25,000. More »

More about:  auction • singer • Christie's • estate • soul • James Brown

Smells Like
Teen Nostalgia

As baby boomer baubles grow less desirable, collectors turn to Nirvana, G N' R

Portfolio Portfolio May 8, 08 3:36 PM CDT
(Newser) - Grunge is passé, but the market for its collectibles isn’t, reports Portfolio . Nostalgia plays a big role in determining what's hot, and prices on items of baby boomer vintage, even from the likes of the Fab Four, are starting to drop. Meanwhile, the demand for Gen X artifacts—skateboards, Star Wars figurines, old video games—is on the rise.  More »

More about:  auction • memorabilia • Christie's • Generation X • guitar • Nirvana • Eric Clapton • Jimi Hendrix

'Eleanor Rigby' Document Goes for $177K

Price for Beatles relic misses $750K projection

Reuters Reuters Nov 28, 08 9:31 AM CST
(Newser) - A 1911 document that lists “E. Rigby” among the employees of a Liverpool hospital sold at auction for $177,000 yesterday, failing to match hopes of a $750,000 haul for the Beatles relic, Reuters reports. The possible inspiration for the song "Eleanor Rigby" is a salary register signed by scullerymaid E. Rigby. Paul McCartney sent it to a music charity in 1990 in response to a donation request, the group's head says. More »

More about:  auction • charity • Paul McCartney • Beatles • memorabilia


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