And we have news of another fire sale. Our last word in business today is the buy of a lifetime.
STEVE INSKEEP, HOST:
That's what some are calling the sale of a 20-acre estate outside Cedar Falls, Iowa, which sold for a winning bid of around $600,000. The precise amount was not disclosed. One expert says to build something like that estate today would cost $1.5 million.
Russell Wasendorf, Sr., the former head of Peregrine Financial Group, Inc., who confessed to stealing millions of dollars from customers just as he tried to dramatically commit suicide, will learn his fate today.