interview. >> schellenberg: i think that my ultimate failure with eigg is that i can't be bothered to>> kroft: his final act was to sell the island to a wacky german, who called himself "maruma," and claimed to be an artist of note and a professor. he turned out to be neither. up to his beret in debt, maruma stopped paying people's wages, and within two years, creditors put eigg up for auction. maggie fyffe and others thought, why not buy the island for ourselves? >> fyffe: by the time we got to maruma, and two years of somebody that was living in stuttgart and had only visited for four days, it had convinced everybody that we wouldn't have to do very much to do better than what he'd done, which was nothing! ( laughs ) >> kroft: no one in scotland had ever tried a community buyout before, certainly not 64 residents on a depressed, undeveloped island with no cash or credit. but lots of people were familiar with their story, and fancied the idea of wee folk taking on the big gu in 1997, a public fundraising campaign brought in $2.5 million to close the deal. the funds came from 10,000 i