Dutch auction the bid, and pays $10,000 for the car. Dutch auctions are a competitive alternative to a traditional auction, in which customers make bids of increasing value until nobody is willing to bid higher. Some financial commentators and some third-party auction sites use "Dutch auction" to refer to second-price auctions, which work differently from Dutch auctions. The United States Department of the Treasury, through the Federal Reserve Bank of New York (FRBNY), raises funds for the U.S. Government using a Dutch auction. The FRBNY interacts with primary dealers, including large banks and broker-dealers who submit bids on behalf of themselves and
Alternative versions of Superman establish a new continuity for DC, affecting not only Superman, but all of the DC Comics characters. The versions of Superman from this time period are traditionally divided into three main periods. The first version of Superman began being published by DC Comics in 1938 appearing in "Action Comics" #1. To explain discrepancies in the aging of Superman across several decades, his earliest stories were retroactively portrayed as having taken place on an alternative world called Earth-Two. These stories take place from 1938 until the late 1950s, although the exact dividing line is unclear and some stories happened identically to