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The fate of the Art Market and Wall Street are so closely linked

Kathy Fuld, the art-collecting wife of Lehman Brothers Holdings Inc. Chief Executive Officer Richard Fuld, is selling a $20 million set of rare Abstract Expressionist drawings at a November auction, according to two art dealers.

Via, MAO.

by A Photo Editor on September 29, 2008 · 2 comments


{ 2 comments… read them below or add one }

1 Stupid Photographer September 29, 2008 at 4:43 pm

About time. Hopefully now I can buy Prince for a little less than $3,401,000.

http://stupidphotographer.blogspot.com/2008/06/sam-abell.html

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2 Russell September 29, 2008 at 5:03 pm

Somehow it’s fitting that Damian Hirst’s recent huge success at auction came right before the financial meltdown. They could be the markers of the end of an era….

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