GovernmentAuctions

1995 Rolls Royce Silver Spur IIIEver wanted to own a luxury car that's usually reserved for royalty and foreign dignitaries? Now you can get the chance at GovernmentAuctions.org. a beautiful 1995 Rolls Royce Silver Spur III now currently available for online auction courtesy of the U.S. Marshals. This handcrafted luxury vehicle comes standard with power windows, power windows, power seats, power door locks, power brakes, cruise control, air conditioning, leather seating, hardtop roof, AM/FM radio, CD changer in the trunk, factory brand stereo, alarm system, premium factory wheels, and just over 31k miles. The vehicle itself is in fantastic aesthetic condition both inside and out, but only requires a new battery in order to be up and running again. The current asking price for this Rolls Royce is just $23,500 with no bids as of yet. The car is currently being held in Las Vegas, and the auction will be ending in just a few short weeks so be sure to activate your 3-day free trial account now.

Monday, March 2, 2015

SEC Delays $100M Payment To Credit Suisse Investors


On November 16, 2012 the Securities and Exchange Commission ("SEC") issued a cease and desist order against Credit Suisse Securities, LLC, DLJ Mortgage Capital, Inc., Credit Suisse First Boston Mortgage Acceptance Corp., Credit Suisse First Boston Mortgage Securities Corp., and Asset Backed Securities Corporation. Each entity was accused of providing investors with misleading or false accusations about the risk and reward nature of the mortgages underlying mortgage based securities. As a result, the SEC is collecting over $100+ million in the form of disgorgement, interest, and other associated penalties.

Before harmed investors can gain access to these funds the SEC must first make a Disbursement Plan, however, due to the complexity of the securities in question and the nature of comments received from the public, the SEC is requesting yet another extension order for plan approval. The new deadline is April 17, 2015.

To view the actual extension order click here.

The SEC collected $4.1 billion for investors in 2014. For information on how to find out if the SEC reached a settlement for a company you've invested in, go to www.TheGAFI.com.

GovernmentAuctions

Gerber Pocket KnivesGet ready for summer fishing trips with this assorted lot of 30 Gerber knives. These fine-quality knives are not only perfect for knife enthusiasts, but also for collectors. They’re also ideal for buyers who want to flip the knives individually for a profit. These knives come in an assortment of various sizes, colors, types, models, and conditions. They also include both fine and serrated blades. The knives all appear to be in great shape but an inspection of this auction is still strongly encouraged prior to bidding. The current asking price for this bulk auction is just $137 with 3 online bids already placed and just 2 days, 20 hours, and 36 minutes remaining. To find out more about this deal, simplyactivating your free trial now.