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Karma Over Madoff’s 17 Rolexes at Auction

by plug-u

This was less like an auction and more like a seven-car garage sale.
The spoils and other superfluous purchases of Bernard L. Madoff, the notorious Ponzi schemer, were on the blocks at the United States Marshals Service Jewelry auction on Saturday at the New York Sheraton Hotel and Towers.
By the time Lot 196 was cried at 1:57 p.m.— a yellow-gold charm bracelet that was the first of hundreds of items seized from Mr. Madoff’s three houses — there were about 500 people sitting in a cavernous blue-carpeted ballroom, and another 1,000 people registered online

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