Before The Art Bubble Burst, It Was An Astonishing Year (Market, Global)
Art prices extended a seven-year surge for much of 2008, with a Claude Monet painting of water lilies, Lucian Freud's portrait of a civil servant called Sue and a Francis Bacon triptych setting records. The 111.5 million pound ($162 million at current rates) sale of Damien Hirst's works in September featured pickled unicorns, flying pigs and a golden calf with 18-carat hooves and horns. Then, everything changed.
Bloomberg
Art prices extended a seven-year surge for much of 2008, with a Claude Monet painting of water lilies, Lucian Freud's portrait of a civil servant called Sue and a Francis Bacon triptych setting records. The 111.5 million pound ($162 million at current rates) sale of Damien Hirst's works in September featured pickled unicorns, flying pigs and a golden calf with 18-carat hooves and horns. Then, everything changed.
Bloomberg
MOCA's New Chief Exec On Righting The Ship (Los Angeles, US)
Charles E. Young, UCLA's chancellor emeritus and now MOCA's first chief executive, said he does not consider himself an 'arts person,' yet he also doesn't expect to have the job more than 18 months. His goal at MOCA, is to set about correcting financial and management problems that have plagued the museum. 'We need to get it back into a position where you can go out and recruit a really top-flight director,' he said.
Los Angeles Times
Charles E. Young, UCLA's chancellor emeritus and now MOCA's first chief executive, said he does not consider himself an 'arts person,' yet he also doesn't expect to have the job more than 18 months. His goal at MOCA, is to set about correcting financial and management problems that have plagued the museum. 'We need to get it back into a position where you can go out and recruit a really top-flight director,' he said.
Los Angeles Times
Art Theft As Minor Catharsis: Madoff Sculpture Stolen (Florida, US)
Swindler extraordinaire Bernard Madoff got a taste of his own medicine last weekend when a burglar stole a $10,000 statue from his posh, $9.4 million Palm Beach estate, according to a police report.
New York Post
Swindler extraordinaire Bernard Madoff got a taste of his own medicine last weekend when a burglar stole a $10,000 statue from his posh, $9.4 million Palm Beach estate, according to a police report.
New York Post
At 89, Matisse And Maillol's Model Reminisces (Paris, France)
Henri Matisse made drawings of her, with spare, pure lines. Aristide Maillol sculpted her in bronze. And these days, in France, the muse of those 20th-century artists -- Dina Vierny -- speaks of them with affection and clarity. Vierny was Maillol's last model, and has opened a museum named for him in Paris.
NPR
Henri Matisse made drawings of her, with spare, pure lines. Aristide Maillol sculpted her in bronze. And these days, in France, the muse of those 20th-century artists -- Dina Vierny -- speaks of them with affection and clarity. Vierny was Maillol's last model, and has opened a museum named for him in Paris.
NPR
Now That MOCA's Bought Some Time, How To Spend It? (Los Angeles, US)
To get the house in order, start with the reason MOCA -- or, for that matter, any art museum -- exists: Start with the permanent collection," Christopher Knight counsels. "MOCA's commitment to building a collection ... has not been matched by a commitment to showing it.
Los Angeles Times
To get the house in order, start with the reason MOCA -- or, for that matter, any art museum -- exists: Start with the permanent collection," Christopher Knight counsels. "MOCA's commitment to building a collection ... has not been matched by a commitment to showing it.
Los Angeles Times
Art Goes Missing From British Embassies (Global Issues)
Works of art worth hundreds of thousands of pounds are missing from British embassies and other official buildings around the world. At least 50 paintings from the Government Art Collection are unaccounted for, according to the latest audit.
The Times (UK)
Why British Art Owners Need Tax Incentives (Tax, UK)
The campaign to save the Titians has exposed the fatal flaw in Britain's system for saving works of art. There are tax breaks for giving money to public institutions, and once the collector is safely dead, works of art may be accepted in lieu of inheritance tax. But a living collector will have to be moved by pure philanthropy to give a work of art.
The Guardian (UK)
The campaign to save the Titians has exposed the fatal flaw in Britain's system for saving works of art. There are tax breaks for giving money to public institutions, and once the collector is safely dead, works of art may be accepted in lieu of inheritance tax. But a living collector will have to be moved by pure philanthropy to give a work of art.
The Guardian (UK)
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