Friday, Oct 10, 2008 @06:51am CST
Iceland For Sale On eBay
(London) -- Today Iceland was put up for auction on eBay.
The island nation has been one of the countries hit hardest by the crisis in global financial markets.
Iceland has been holding its breath for a five-and-a-half-billion-dollar loan from Russia to bail out its crumbling banks.
In the meantime, the entire country and all its assets were jokingly put up for grabs on the Internet auction site Friday, with bidding starting at 99 pence.
The ad read, quote, "Iceland will provide the winning bidder with a habitable environment, Icelandic Horses and admittedly a somewhat sketchy financial situation." By mid-morning the top bid surpassed 17-million dollars.
There were 26 anonymous bidders and 84 bids posted for the cash-strapped Arctic wonderland.
Bidders on the site posted questions like: "Do you offer volcano and earthquake insurance?" "Is it possible that my payment will be frozen?" and "Will you accept C.O.D. as a form of payment?"
http://tristatehomepage.com/content/fulltext/?cid=32111
