Hot Property Sex.com on Auction Block (Wired News)

It’s a sadly familiar story from the high-flying market of the past few years: Speculator thinks values will continue to go up, up, up. Overbids for a hot property. Can’t keep up with the payments. Lender is forced to foreclose. Only this isn’t about real estate — it’s about the most expensive domain name in the history of the internet: sex.com.