Madoff's yacht "Bull" to be auctioned

Madoff's "Bull" is Port Gallice - Antibes Juan les Pins

"Bull", the Bernard Madoff's Leopard 27m is on the market with Wyles Hardy & Co.
The yacht will be auctioned on behalf of Grant Thornton UK LLP - the Joint Liquidators of Madoff Securities Intenrational Ltd.

This 2007 yacht is currently lying in Gibraltar.

Check out the detail of the auction here

Is the superyacht market a Bull market ?

According to the French newspaper Le Figaro, Mr Bernard Madoff, the former Nasdaq chairman, is also the proud owner of "Bull", a Leopard 27m built by Arno shipyard.

The yacht, which is registered in George Town, is currently lying in Antibes near a pristine Sunseeker.

A bull market tends to be associated with increasing investor confidence, motivating investors to buy in anticipation of future price increases and future capital gains...