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Today's Ebay Special - The Country Of Greece

Tyler Durden's picture




 

Update 2: As of seconds ago, the auction has been removed from Ebay. Bavaria Sachs must have gotten wind, and after realizing someone would sneak away its latest colonial acquisition for a few thousand bucks, complained to John Donahoe

Update: looks like GETCO or some crazy BATS algo has been unleashed on the auction. Either that, or Brian Sack has found a calm, quiet, non-extradition venue where he will not be bothered after June when he vacates the halls of Liberty 33, and is hell bent on taking delivery. Since posting the bid has soared to over $48,000.

In what could be one of the better deals encountered on Ebay, one can submit a winning bid for none other than the country of Greece, currently going for the modest price of $1,550 (although with 6 more days left in the auction, there is a small chance Goldman will outbid and use it as LTRO 3 collateral). Of course, since the country is worth much less than the debt (all 7 subordinated classes of it) any new equity buyer would assume, this is a trick auction: our advice - settle for nothing less than getting paid as much as possible for "buying" the country.

From ebay:

From the item specifics:

I'm offering my country for sale. What is left of it anyway. Slightly used, low wages, low pensions,  low expectations. Lots of sunshine though, free at the moment.

 

Many natural resources, minerals etc that are still untouched. Bureaucracy at its best. Great bribe-to-do system, over 20 years of experience.

 

Obedience at the IMF, bankers and the Troika is guaranteed, no questions asked.

 

The buyer will get for free 300 politicians, highly trained at the University of  Fine Arts of Scandals. And free Greek Bonds with extremely high international market value. For confetti.

 

I will provide the best possible certificate that you will ever imagine, maybe even a custom one that you'll ask.

 

P.s.
No hard feelings.

Questions and answers about this item:

  • Q: Is it possible to bundle your sale with Iceland? I would consider a package deal!
  • A: I'm sorry to tell you,but Iceland is in much better condition than Greece.

     

  • Q: I was wondering if you would be able to combine shipping with any future eurozone countries (i.e. Italy) you may have for sale. Also, would the sea between the islands be included or excluded in the package? Thank you for your cooperation.
  • A: I can arrange a big discount for any future transactions!

     

  • Q: Hi. I am very interested. However, I need your assurances that before I bid, you will exclude all corrupt banks, Goldman Sachs cronies, JP Morgan criminals, and the rest of the Draghi / ECB ex-Goldmanite corrupt insider trading white-collar criminals from this offer? I don't want my purchase of a beautiful country to be tainted with satanic banksters. Thanks in advance.
  • A: Greece doesn't need any of those to be f****d up :) As you can see, the offer includes our whole parliament! 300 of our finest politicians!

     

  • Q:  Hi. Is it possible to deport Zeus before auction ends? To USA for example.
  • A: I'm afraid of the other god's wrath. They might feel insulted,i cannot take any chance! I hope that you can understand my concerns.

     

  • Q: Hi. I would like to have this land mass shipped closer to home here, but there seems to be far too many bits and pieces. Are you able to compact it all together into one single parcel for shipping? I'm sure it'll be more economical (if that term is understood?) to do it this way too. Cheers!
  • A: Hmmm... You may have a point here my friend. But i'm afraid that they may broke, they are way too fragile in order to pack them one on top of the other. Maybe teleportation can work! ;)

h/t Jack

 

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Thu, 04/05/2012 - 11:57 | 2319627 Mongo
Mongo's picture

Besides the obvious tragedy behind it all...

 

[bad joke]Does that include the debt slaves? because I'd hate to make my own coffee at the morning...[/bad joke]

Thu, 04/05/2012 - 12:44 | 2319803 French Frog
French Frog's picture

From http://en.wikipedia.org/wiki/Greece

"A developed country with an advanced, high-income economy and very high standards of living (including the 21st highest quality of life as of 2010)

Does this Wikipedia link need updating lol?

Thu, 04/05/2012 - 12:50 | 2319818 iDealMeat
iDealMeat's picture

Mongo

[bad joke]Does that include the debt slaves? because I'd hate to make my own coffee at the morning...[/bad joke]

I hope so.. Islands are awesome and Greek chicks are hot..

 

I'm in @ $ 69,000

 

Thu, 04/05/2012 - 13:09 | 2319868 TheFourthStooge-ing
TheFourthStooge-ing's picture

Wait for another round or two of protests and you'll be able to get it at fire sale prices.

 

Thu, 04/05/2012 - 13:28 | 2319913 iDealMeat
iDealMeat's picture

@greecebailout, on ebay..

 

Since eBay took your listing down I'll post my question here..

------

I will be paying via my account held at MF Global..  Unfortunately, the CEO of MF Global, Jon Corizne is a criminal and has stolen my money.. Incidentally, Jon Corizne was co CEO at Goldman Sachs with Hank Paulson.

That was back when Goldman Sachs was falsifying Greece's books to hide your true Debt problem.

Anyway..  Is it cool to buy now and pay later?  JP Morgan has my money and won't give it back..

Thu, 04/05/2012 - 16:50 | 2320442 Buckaroo Banzai
Buckaroo Banzai's picture

Can't believe this thread went all day without this: http://www.youtube.com/watch?v=YKtlK7sn0JQ

Thu, 04/05/2012 - 13:08 | 2319869 Capitalist10
Capitalist10's picture

The listing doesn't say whether the sale is subject to Greece's approximately $400 billion in existing debt.

If so, its not worth bidding even $1, because Greece couldn't pay its bills even if it had no debt.  Its worth less than all those used condoms the ECB is holding as collateral.

Thu, 04/05/2012 - 13:12 | 2319876 DeadFred
DeadFred's picture

Dang, my limit is $65,000. Oh well, the women are a bit short.

Thu, 04/05/2012 - 12:49 | 2319811 iDealMeat
iDealMeat's picture

.

Thu, 04/05/2012 - 14:47 | 2320075 Blue Horshoe Lo...
Blue Horshoe Loves Annacott Steel's picture

That comment summed up the knowledge of all US politicians & Bernanke.

It is also what Ron Paul would've correctly done about the economy.

Thu, 04/05/2012 - 12:54 | 2319830 ACP
ACP's picture

How does the "free shipping" work? Trojan Horse?

Thu, 04/05/2012 - 13:14 | 2319878 hedgeless_horseman
hedgeless_horseman's picture

 

 

How does the "free shipping" work?

Well, the Baltic Dry isn't indicating free shipping, yet, but it is close enough. 

Thu, 04/05/2012 - 21:23 | 2321048 Buck Johnson
Buck Johnson's picture

I'll take a few islands for 20 bucks.  I would love to open a resort on them and make it a money maker.

Thu, 04/05/2012 - 12:01 | 2319636 Gully Foyle
Gully Foyle's picture

Bad time to buy a country, the prices are rumored to drop another 30 - 40 % later in the year.

Much cheaper to rent Lichtenstein.

Thu, 04/05/2012 - 12:09 | 2319663 DoChenRollingBearing
DoChenRollingBearing's picture

You raise a great point Gully.  Preservation of capital is the smart thing in today's environment.  Especially if prices may go down your 30% or more.  Worse if you borrow...

You don't even have to rent Liechtenstein if you are Greek.  Just visit it long enough to open a bank account.

Thu, 04/05/2012 - 12:42 | 2319792 Manthong
Manthong's picture

A good turnaround specialist could scoop it up and start selling off the assets piecemeal.

I hear Romney is looking for a job.

                       Maybe the first pieces could be the women.

 

 

Thu, 04/05/2012 - 12:04 | 2319640 PaperBear
PaperBear's picture

Hurry, before everyone commits suicide.

The Greek people must throw the banksters out of their nation before it burns to the ground.

Thu, 04/05/2012 - 12:08 | 2319659 Wolferl
Wolferl's picture

" ... low wages, low pensions, ... "

 

This must be another Greece, not the one in Europe. Greek (in Europe) wages and pension have to come down annother 50 % to fit with their productivity. If you don´t like that, Greeks, go to Syntagma place and kill yourself. Or just start working.

Thu, 04/05/2012 - 12:35 | 2319773 greecerules
greecerules's picture

dude you have issues....haha

Thu, 04/05/2012 - 13:05 | 2319859 crzyhun
crzyhun's picture

The seat of DEMOCRACY cannot rule itself!

Thu, 04/05/2012 - 18:41 | 2320729 Incubus
Incubus's picture

the seat of democracy stinks of ass.

Thu, 04/05/2012 - 12:08 | 2319660 Seorse Gorog fr...
Seorse Gorog from that Quantum Entanglement Fund. alright_.-'s picture

Is this the ECB selling the item?

Thu, 04/05/2012 - 12:18 | 2319699 Vince Clortho
Vince Clortho's picture

If the ECB is the seller, the transaction will be in Gold or Oil.

I can't see them accepting Euros or Dollars.  They already have a healthy supply of paper.

Thu, 04/05/2012 - 12:11 | 2319662 swissaustrian
swissaustrian's picture

I'm chosing Ebay buyer protection

http://pages.ebay.com/coverage/index.html

Thu, 04/05/2012 - 23:49 | 2321279 deepthoughtless
deepthoughtless's picture

Yeah, but it says most cases of buyer's remorse aren't covered. Scoundrels.

Thu, 04/05/2012 - 12:10 | 2319666 wisefool
wisefool's picture

Greek Retirees Suicide prompts new protest plans.

"This is not suicide. This is murder" the man said before commiting the act.

http://www.cbc.ca/news/world/story/2012/04/05/greece-suicide-protest.html

Thu, 04/05/2012 - 12:19 | 2319669 JohnKozac
JohnKozac's picture

Do you have an installment plan?...lets say, 100 years at the high yield return rate of 0.09%?

Thu, 04/05/2012 - 12:11 | 2319671 williambanzai7
williambanzai7's picture

In Re Estate of Greece

Thu, 04/05/2012 - 12:17 | 2319689 Ghordius
Ghordius's picture

Delos, the island that harboured the first central bank, the ancient center of the world, to the Vampire Squid? WB7, you seem to know your history... but beware, the Greek Gods had some quaint ideas of this kind of pictures...

Thu, 04/05/2012 - 13:18 | 2319891 williambanzai7
williambanzai7's picture

On balance I'm comfortable that the Greek Gods would look favorably on my negative view of all things fascist and bankster.

Thu, 04/05/2012 - 12:11 | 2319674 JeremyWS
JeremyWS's picture

greece > GOLD!!!

Thu, 04/05/2012 - 12:14 | 2319682 Paul Atreides
Paul Atreides's picture

It is a tarp!

Thu, 04/05/2012 - 12:17 | 2319692 Mtn_Wolf
Mtn_Wolf's picture

TOO LATE ALL...JON CORZINE JUST BOUGHT GREECE in an off shore hush hush deal.

Thu, 04/05/2012 - 12:17 | 2319693 X. Kurt OSis
X. Kurt OSis's picture

This is bullshit.  I already bought several islands in the Cyclades on last years 1040.

You can't sell me what I already own.... is there no rule of law or property rights left anywhere?

Thu, 04/05/2012 - 12:21 | 2319715 rosiescenario
rosiescenario's picture

Lyndos Greenopolis signed the docs?

Thu, 04/05/2012 - 12:18 | 2319695 rosiescenario
rosiescenario's picture

Might I present a modest proposal that would solve the Greek problem and remove the primary bone of contention in the ME, simultaneously?

 

Israel acquires Greece and relocates its entire population to that country, while the Greeks are relocated to what was formerly Israel, but will now be re-named Palestine.

Thu, 04/05/2012 - 14:42 | 2320065 Blue Horshoe Lo...
Blue Horshoe Loves Annacott Steel's picture

I smell a Nobel Peace Prize for U.

Thu, 04/05/2012 - 12:18 | 2319697 Ljoot
Ljoot's picture

FREE SHIPPING, bitchez!

 

Thu, 04/05/2012 - 12:30 | 2319752 bigdumbnugly
bigdumbnugly's picture

no returns though.

but not only that, you can probably get it for the amount you've got squirrled away in your ebucks rewards.

Thu, 04/05/2012 - 12:19 | 2319702 Curtis LeMay
Curtis LeMay's picture

The Syntagma Square riot-cam is up:

http://www.livestream.com/stopcarteltvgr

 

Thu, 04/05/2012 - 12:20 | 2319704 tmosley
tmosley's picture

I'd just buy it and do what they don't have the balls to do--default.

Thu, 04/05/2012 - 12:23 | 2319735 Dull Which
Dull Which's picture

Does it come with the Parthenon (Elgin) Marbles?

Thu, 04/05/2012 - 12:23 | 2319737 Bicycle Repairman
Bicycle Repairman's picture

I'm going to buy Greece, securitize yogurt and olive oil production, strip out the resort islands, sell off off-shore mineral rights, sell Crete to the highest bidding military and spin-off the rest.  But not before I declare total bankruptcy.

Thu, 04/05/2012 - 13:47 | 2319956 HoofHearted
HoofHearted's picture

Donals Trump is hanging out on these boards. You can't trust anyone any more. Next thing I know you'll tell me governors can't be trusted. Maybe even heads of funds. Or people who happen to have done both...

Thu, 04/05/2012 - 12:29 | 2319750 SokPOTUS
SokPOTUS's picture

$1,525.00???  Are they doing a 'Short Sale'?

Thu, 04/05/2012 - 12:35 | 2319763 Seasmoke
Seasmoke's picture

there has never been a better time to buy a country than now !

Thu, 04/05/2012 - 12:38 | 2319788 greecerules
greecerules's picture

interesting....since zerohedge has been pretty much wrong re Greece on everything since 2010 (will get kicked out of EURO, germans will never bail them out, restructuring will fail etc..) they now revert to terrible jokes and ridiculous scenarios. 

I guess thats what happens when you need to deflect from an atrotious record.

Thu, 04/05/2012 - 12:41 | 2319795 bardot63
bardot63's picture

Lerne tu spel be4 you criical.

Thu, 04/05/2012 - 12:47 | 2319808 greecerules
greecerules's picture

as usual nothing constructive from the lemmings on this board. haha

Thu, 04/05/2012 - 12:45 | 2319805 azzhatter
azzhatter's picture

not wrong, just early

Thu, 04/05/2012 - 12:49 | 2319815 greecerules
greecerules's picture

early?  the bail out and restructuring DID happen. 

Thu, 04/05/2012 - 13:03 | 2319848 Meatballs
Meatballs's picture

 

Really? Why don't you explain to us "lemmings" the details of this "bail out and restucturing" as well as the marvelous outcome and future prospects.

Idiot.

 

Thu, 04/05/2012 - 13:44 | 2319951 greecerules
greecerules's picture

Well I'll put it in laymans terms so that you get it.  Greece was bailed out in the sense it received funds and thus avoided BANKRUPTCY.  Greece restructured its private sector debt in the sense that same were discounted by over 50%. 

Im sure even a meatball as yourself understands this!

Thu, 04/05/2012 - 18:13 | 2320684 kanenas
kanenas's picture

Check the ratings.

Check the current outstanding debt.

Check the rest of the austerity measures that have to be implemented to keep the rest of the program in place.

Wait for the non-Greek law bonds maturing in 45 days.

Fri, 04/06/2012 - 22:12 | 2323937 MeelionDollerBogus
MeelionDollerBogus's picture

amounts to be used for funding & backstop keep changing. Amounts that go through are actually heading for banks in Germany and the UK. Greece is merely an excuse as not any euro or dollar lands in Greek hands. If you can't figure that out I suggest you track the money-flow in higher detail.

Thu, 04/05/2012 - 13:25 | 2319909 azzhatter
azzhatter's picture

Surely you are not being serious?

Thu, 04/05/2012 - 13:46 | 2319952 greecerules
greecerules's picture

very serious.

Thu, 04/05/2012 - 13:46 | 2319954 greecerules
greecerules's picture

very serious.

Thu, 04/05/2012 - 13:49 | 2319960 Meatballs
Meatballs's picture

Don't call me Surely.

Thu, 04/05/2012 - 12:52 | 2319825 kralizec
kralizec's picture

Sell the island of Lesbos to Ellen, that'll buy 'em some time.

Thu, 04/05/2012 - 13:06 | 2319862 lemonobrien
lemonobrien's picture

i think if you win, you have to pay the loan.

Thu, 04/05/2012 - 13:06 | 2319864 jomama
jomama's picture

i'll admit that i bid when it was at 75 bucks.

Thu, 04/05/2012 - 13:16 | 2319883 Olympia
Olympia's picture

History shall repeat itself in a far greater scale and therefore the benefit for the leading roles shall be much greater. If ancient Greeks won the battle against the barbarity of the East in favour of Europe, then modern Greeks are those who are meant to win the battle against the barbarity of both Eastern and Western world in favour of the human kind.

http://eamb-ydrohoos.blogspot.com/2012/01/global-debt-crisis.html


---------------------------------
By knowing what happened in indebted Greece, where loan sharks created “bubbles” and the current inhuman debt, one can understand the inhuman plan in total ...understand where this plan started just to bring all states at the same end ...understand how this type of plans are established...

Authored by PANAGIOTIS TRAIANOU

Thu, 04/05/2012 - 13:17 | 2319886 the not so migh...
the not so mighty maximiza's picture

Wow you can this on bill me later!!!!!!

Thu, 04/05/2012 - 13:16 | 2319887 crzyhun
crzyhun's picture

Buy it and sell time shares and pay off the debt. Time shares at the debt to equity ratio.

Thu, 04/05/2012 - 13:22 | 2319901 Rudolph Steiner
Rudolph Steiner's picture

They just took it off at around 85K... eBay, lacks humor I suppose, whatever.

Thu, 04/05/2012 - 13:52 | 2319947 ZeroPower
ZeroPower's picture

Lacks humor for sure, but also that whole marketplace is going to shit, i would be surprised to hear people still 'ebay stuff' in about 2-3 years from now. One of the smartest PMs i know is shorting the fuck out of the common... i don't touch stocks otherwise i'd probably tag along, but the thesis seems pretty clear: ebay lost the allure once all the China and HK sellers flooded the market with their fakes (electronics, designer clothes, etc) and low quality goods in all other sections. Add that to the ever increasing fees for sellers, the non-commitment one gets from ebays  (lack of) customer support, and one wonders how this is still a $45bn company in 2012.

 

Thu, 04/05/2012 - 13:23 | 2319902 Meatballs
Meatballs's picture

OK, who cut the backdoor deal? Did they take a "Buy it Now" offer?

 

This listing (170817574881) has been removed, or this item is not available.

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Thu, 04/05/2012 - 15:57 | 2320286 ACP
ACP's picture

Backdoor? Is that what they mean by "going Greek"?

Thu, 04/05/2012 - 13:23 | 2319903 AGuy
AGuy's picture

Ebay would need to offer negative bids for Greece, Greece needs to pay the bidder to take over greece, with Greeces $200+ Billion in liabilities.

 

Thu, 04/05/2012 - 13:50 | 2319964 HoofHearted
HoofHearted's picture

It's a deal like the UAW got from GM...before GM declared bankruptcy and stiffed all the workers in order to remain solvent. Instead it just became Government Motors.

Thu, 04/05/2012 - 13:35 | 2319933 bugs_
bugs_'s picture

Should have specifically mentioned Venera as part of the auction

Thu, 04/05/2012 - 13:40 | 2319939 JohnKozac
JohnKozac's picture

I saw it on Amazon also....free shipping if over $25.00

Fri, 04/06/2012 - 00:06 | 2319942 PSEUDOLOGOI
PSEUDOLOGOI's picture

bastards took it down.

Thu, 04/05/2012 - 14:14 | 2320010 e-man
e-man's picture

I can't believe they took it down!  I was right in the middle of structuring a swap for California and then arranging a repo with the IMF, the proceeds of which i would have used to structure highly leveraged ETFs to sell on the open market.  I had all my muppets lined up, dammit!

Thu, 04/05/2012 - 14:16 | 2320012 e-man
e-man's picture

duplicate message removed

Fri, 04/06/2012 - 01:33 | 2321369 Paul451
Paul451's picture

I'd be certain to get the Paypal Buyer Protection before bidding on that one!

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