Get ready, there's gonna be another online auction of Enron memorabilia, from December 3-5:
A sleek black Lincoln Navigator that transported former Enron Corp. chairman Kenneth Lay a few blocks to Dynegy Inc. about a year ago to announce the companies' doomed merger needs a new home.The 1999 sport-utility vehicle is among thousands of surplus Enron belongings to be sold at a three-day auction next week in the bankrupt company's continued efforts to raise money for creditors.
"That hauled Lay around a lot," Enron spokesman Mark Palmer said Monday, pointing at the SUV parked outside a Houston warehouse stocked with goods to be sold Dec. 3-5.
In a format similar to eBay, DoveBid will conduct a simultaneous online-only auction for more than 220,000 smaller, kitschy items that sport Enron's logo.Those items are left over from the defunct Enron Signature Shop, an online store for company employees.
[DoveBid auctioneer Renee] Jones said the sheer volume of T-shirts, tote bags, plastic mugs, stress balls, socks, jackets and other items was too much to include in a three-day live sale.
Such items were sold in bulk at the September auction, but the eBay-like format will allow bidders to buy single items.
Also, the online-only auction will feature Enron Field memorabilia, which wasn't available in September.That collection includes 500 small replicas of the Houston Astros ballpark before the team bought out Enron's naming-rights contract in March.
"If we get immediate payment, we will get it shipped in time for Christmas," Jones said.