On the Block

Been looking for a 19TH century French armoire in walnut, with a veneer of disgrace? The IRS may have a deal for you. It's auctioning off the cabinet and nearly 40 other antiques this week--all part of $2.4 million in bribes taken by ex-Congressman Randy (Duke) Cunningham--with proceeds going toward his unpaid tax bills. Here's a peek at other items, once owned by big-name debtors, that the government seized to put on the block.

MURDERABILIA A federal court ordered prosecutors to sell Unabomber Ted Kaczynski's papers and other personal effects--such as a copy of Strunk and White's The Elements of Style similar to the one above--to help pay the $15 million in restitution Kaczynski owes victims of his mail bombs. A sale date has not been set.

A DIFFERENT SONG Pop-soul singer Peabo Bryson found himself in a whole new world of tax debt before the IRS auctioned off his two Grammys in 2003. They went for $25,000, paying off a sliver of the $1.2 million he owed.

CLEANING HOUSE In his 2004 plea bargain, ex--Enron CFO Andrew Fastow forfeited $29 million, including his Galveston, Texas, home, which the feds sold for $595,000 last year.

FARM AID Saddled with $16 million in IRS debt, country crooner Willie Nelson had to let the agency sell off his 44-acre Texas ranch in 1991. But the auction's winner, who paid $204,000, didn't send Nelson on the road again. He returned the home to the singer, praising Nelson's longtime advocacy of farmers.

Quotes of the Day »

Get & Share
STANLEY V. WHITE, chief of staff for Representative Robert A. Brady of Pennsylvania, one of dozens of lawmakers who used speeches ghost-written by a biotechnology company during the health-care debate in the House
For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.

Time.com on Digg

POWERED BY digg

Quotes of the Day »

Get & Share
STANLEY V. WHITE, chief of staff for Representative Robert Brady, one of dozens of lawmakers who used statements that were ghostwritten by biotechnology company Genentech during the health care debate in the House

Stay Connected with TIME.com