Saturday, June 11, 2011

A 2009 news story on 3rd Bass' Pete Nice

As a fan, it coulda made me weep ...

"According to court documents, by early 2006 Nash owed Lifson nearly $1 million and had failed to deliver all of the collateral he had promised. Most troubling to Lifson was that, he says, a lot of the collateral was not passing muster with authenticators, and there were questions raised in the litigation about whether Nash even owned all of the items he had signed over. When Lifson asked Nash for help in tracing the disputed objects' provenance, he said Nash stonewalled. As a result Lifson was preparing to auction off those items that could be authenticated and whose ownership wasn't contested, foremost among them an object that Nash had bought at Sotheby's in 2005 for $132,000: the first ball ever thrown out at Fenway Park, the day it opened, in 1912. The thrower was Boston Mayor John (Honey Fitz) Fitzgerald, Royal Rooter and future grandfather of JFK." [more]

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