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Old 08-06-2008, 08:08 AM
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Default Mastro Being Investigated - Article

Posted By: Lance

Jodi,
Ahhhh, sorry? As a dealer, I would like to think my investment is in good hands and will be maximized every time I consign. But as a buyer, I would also like to know that my bids were not maxxed out because my ceiling bid was available to the auction house. If this is such a horrible, meal stealing idea, how would you eliminate the possibility of the shill bidding? Maybe the list should only be made to the winner for review or maybe, just the first under-bidder to the winner to verify there was a real competition for the auction? OR...we can just accept what we have now, knowing whole heartedly that the auction houses ONLY have the buyers' interest in mind and shill bidding is just a figment of our imagination.


Raymond, the answer is.....PENN STATE...BTW!

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