No Takers for Watergate at Auction

An auction today of the storied Watergate Hotel drew more than 150 spectators, media attention from around the world, and not a single bidder willing to pony up the necessary $25 million, reports the Washington Post. The German bank that foreclosed on the property took back the 12-story hotel and will now try to shop it around to private buyers. In addition to helping bring down a president, it offers nice views of the Potomac.
(More Watergate stories.)