What Madoff’s tag sale fetched
An auction of the spoils of Bernard Madoff's fraud raised more than $2 million for his victims — as souvenir hunters snapped up his jewelry, footwear and even his underwear. Almost 500 lots, featuring more suits, sweaters and shoes than a man can wear in a lifetime, were sold in a New York hotel this weekend. The 9½-hour marathon was enlivened by feverish bidding and hollering by auctioneers from Gaston & Sheehan.
More than 200 collectors and dealers competed for bargains. The sale was overseen by the U.S. Marshals Service under tight security. Madoff, 72, is in a North Carolina prison serving a 150-year sentence. All items were recovered from the fraudster's East Side penthouse and Long Island beach house.