Madoff knick-knacks up for auction

January 5, 2009 5:03:23 AM PST
Don't look for victims of Bernie Madoff to bid on THESE items.

Former clients and employees of the man alleged to be behind a $50 billion Ponzi scheme are putting knick-knacks with his firm's name on it up for auction on eBay. Things like T-shirts, beach towels, tote bags, umbrellas, insulated coolers, binoculars, golf caps, and flashlights. Even a cigar humidor.

Several of the postings urge buyers to "own a piece of history!"

So, how's the stuff selling? Bidding for many items is not rising above $50. Maybe it's the struggling economy, which was apparently what did in Madoff.