Wednesday, November 12, 2008

Lehman And Fuld Selling 28 Million In Art

Spreading the wealth because you have to:
"The bankrupt investment bank Lehman Brothers wants to sell at least $8m (£5.2m) worth of the art collection that once decorated its offices. The news comes as $20m of postwar art, put up for sale by the former Lehman boss Richard Fuld and his wife Kathy, goes on the block tonight at Christie's in New York."
Lehman is selling 8 million and Fuld alone is selling 20 million? I can see Fuld sulking into his $21m Manhattan apartment now, staring at the bare spot where his $4m De Kooning's 1951 Woman once was.

Source: GuardianUK

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