Cute, right? These were the words painted on the decorative white water rescue buoy that was stripped off Madoff’s Montauk fishing boat. The estimate listed in the catalogue for the the US Marshall Service: National Forfeited Jewelry Auction on Saturday at the Sheraton was $140.00-$160.00. It went for $7500.00. Bernie must have thought it was pretty funny, that little play on words. Which is why what I really wished might happen as I sat there in the ballroom watching the last of his worldly (and not so worldly) possessions disappear into the hands of the curious, the bargain hunting, and the celebrity-obsessed was this: I wished that Bernie himself had shuffled onstage in his manacles and new prison duds and been forced to sit there as every little reminder of his freedom fell under the gavel.
“You tell me, boys. Where we gonna go? Do I hear $500, $600.? I see a $1,000.” shouted the Texan auctioneer as his male helpers walked up and down the aisles hootin’ and hollerin’ like bronco riders at a rodeo. “Don’t be shy, folks. Show us who you are!” Far from the faux Oxbridge accents at Christies and Sotheby’s, the speedy patter also seemed like something straight from a cattle or tobacco auction. And so it went…
Three freshly laundered, Ralph Lauren white crew neck shirts with “Bull” emblazoned on the chest ($1300.), twelve pairs of ‘gents’ (some fucking gent!) cuff links, the stationary and pile of Post-Its, the 4 black plastic pens made in Taiwan w/logo ($2500.00)….And the watches. What the fuck is it with rich men and their watches? There must have been at least 35 Breitling, Hublot Classic, and Piagets. I wonder if Bernie would have squirmed in his seat when a photo of lot #237, his Rolex “monoblanco” chronograph “Prisoner” watch, popped up on the screen to the sound of muted laughter? (It went for $65,000.) Or how bout the tacky lithographs of seascapes and the duck decoys? (Estimate: $60-80. Sold for $3,250.00)
Then when we reached the lady’s items, the purses and alligator belts, the wallets (one of which still had seven Ella Fitzgerald stamps neatly folded inside it), I wished that Ruth had made a surprise appearance. Ruth who seems to have headed into heavy hiding with her paltry 2 million after news of Bernie’s cocaine, North Pole, days at the office, not to mention the mistress and hookers. They could have sat up there, squirming together, in one final excruciating moment as their life passed before their eyes in the form of everything from dog bowls and dishes, to picnic glasses, china plates, and furs.Oh my! The furs.
“All that money and no taste,” whispered an elderly black woman behind me. She was dressed in her Sunday, church-going best. The Palestinian Israeli next to me chuckled. “What I like about being here,” he said. “is it proves you can’t take it with you.” He’d come in from Brooklyn to bid on Bernie’s Hofstra college ring. On my way out, I eavesdropped on a banker in the lobby. He was being interviewed for Channel 1. Dressed in an impeccable blue pin-striped suit (Brioni,” he said) and shooting his snow-white cuffs with tiny gold studs, he preened in front of the cameras. “I”m here to watch history being made,” he said. “Financial history. Madoff will end up has infamous as Hitler.” I wanted to ask him how much he was taking home for this year’s Christmas bonus.