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Old 01-13-2011, 07:46 AM
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marcocsx3121 marcocsx3121 is offline
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Join Date: Jun 2004
Location: Jasper, GA, GA
Cobra Make, Engine: Owned CSX 3121 1969-1975. Went to the dark side and bought a 'Vette. May yet repent and be saved.
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It's interesting that the car's provenance includes a mention of Larry Megibow. Larry was a fringe player in our 1970s Cobra Club period in New Jersey, and at one point, owned 6 or 7 Cobras, including one of the original Daytona coupes. His rise and fall were actually chronicled in Car and Driver. As it turned out, he was financing his Cobra fetish through a Ponzi scheme based in his Glass Car Company, a reseller that specialized in '63 through '67 Corvettes, It seems that he found a hole in New Jersey's car titling process wherein he could finance a car and then obtain a duplicate title from the State. The car was then sold on the new title, with the buyer never realizing that the finance company actually owned it. It all came apart (possible urban legend here) when he sold a 'Vette to the wrong guy (key Sopranos theme), who somehow found out that he'd been had. Larry ended up somewhat dead.
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