Einstein Moomjy Going Out of Business

Paramus, NJ, April 10, 2012 -- High end home furnishings specialist Einstein Moomjy is holding a bankruptcy liquidation sale through April 19.

The company’s website says the sale is being held at its two last locations in Paramus and Whippany, N.J. "This will be one of the largest bankruptcy liquidation sales in the history of Oriental rugs," the site proclaims.

The 67 year old company was founded by Ted and Ernst Einstein, along with Walter and Albert Moomjy. It filed for bankruptcy last fall.