[Chetry:] It's 23 minutes past the hour. Christine Romans is minding your business. It's interesting because there was just so much anger and so much hate about Bernie Madoff and people were just so irate about the situation and still are. And now, in a weird way, we are getting an inside look at what his life was like. It's up for sale.
[Christine Romans, Cnn Business Correspondent:] His life is up for sale, that's absolutely right. The victims, the people who were the victims of the Bernie Madoff Ponzi scheme will get a piece of all this property seized that has been seized by the U.S. marshals and now is being put out on display to try to generate some interest I would suspect from real estate brokers and the like. And bow we're having breakfast in Palm Beach. Let's look at the Palm Beach estate of Bernie Madoff that has been seized by the U.S. marshals. And now our cameras have been allowed to go through it. First, the most important thing here is the location on the inner-coastal waterway, an 80 foot dock. This is what the marshal has to say about just where this property is.
[Unidentified Male:] You have a great panoramic view of from north to south from the dock, from the backyard, a view of downtown Palm Beach, a spectacular view. This would be one of the selling points of this property. It's a western exposure, so you're going to have absolutely wonderful sunsets in the afternoon.
[Romans:] Yes, this is really, location here, an 80 foot dock on the inner-coastal water way. In fact, the property of the half acre is assessed at $7 million. The house, which you are looking at right now, is assessed at $778,000.
[Roberts:] We're going to say, if he's spending all the time talking about the view, the house can't be great.
[Romans:] I would live in this house. The Palm Beach house, the house built in '73, 8,700 square feet, five bedrooms, seven bathrooms. In Bernie Madoff's closet, nine shelves. It's also full of bull representations, every kind of artwork of old English bull breeds, and artwork of statues of bulls, also fish. The bull theme, I just love. If you're bullish on Wall Street you're optimistic that stocks are going to go up, although the guy was not even trading his victim's money in many cases. And bull is more apt for...
[Roberts:] So you say the property was assessed at $7 million, the house at $700,000?
[Romans:] That's right. This is location, location, location. When you look at his properties in Montauk, we've seen his place on East 63rd Street on Lexington Avenue, you look at this place, he's a guy who had his he was somebody who those are great location real estate pedigree in all of those places.
[Roberts:] I Google Earthed his property out there on Montauk and it's a spectacular location.
[Romans:] It's 100 feet from the beach. You can't even get that close to the beach anymore. You can't build that close anymore.
[Chetry:] Get your checkbook maybe you could get some.
[Romans:] The Montauk place had some 70 brokers go through, 23 different showings. So our U.S. marshals playing real estate agent is generating some interest.
[Chetry:] There you go. Christine, thanks so much. Meanwhile, Jeanne Meserve is going to give us an inside look. We start off our spy series this week, and she's talking Chinese spies right here in America. How are they going undetected? It's a very interesting story.