Saturday, November 21, 2009

Jacko's Glove Brings $350Gs


I am really not shocked to see that Michael Jackson's sequined glove was auctioned off for a ridiculous amount of money. Pissing away money has become very fashionable (Congress) and this is evidenced at today's Julien Auction at the Times Square, NY Hard Rock Cafe.

Hoffman Ma, of the Hong Kong company Ponte 16, forked over $420,000 of his company's money on the glove. For those of you keeping track, $350,000 was the purchase price, there was, of course, tax and fees, making the total $420,000. Ma's company owns a resort which I could probably never afford to visit, glove or no glove.

This fascination, itself, is fascinating.