Haggling Over Madoff's Riches

Going, Going, Gone

Updated Apr. 25, 2017 11:55AM EDT / Published Nov. 15, 2009 2:38AM EST

A personalized Mets jacket went for $14,500, Cartier earrings sold for $70,000, and a diamond bracelet cost $50,000 in Saturday's auction of Bernie Madoff's personal items. The auction was held in the hopes of raising half a million dollars for the victims of the imprisoned investment manager. The sales brought in $1 million instead. Duck decoys taken from the Madoff's Montauk, New York, vacation home went for $11,500 while being valued at less than $80—a markup that only a Madoff could love. One woman bought a pair of Ruth Madoff's Chanel boots. "I'm going to walk one day in her shoes and then judge her," she told The Wall Street Journal.

Read it at The Wall Street Journal

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Haggling Over Madoff's Riches