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Madoff Victim May Sell 12 Rothkos

Posted on January 8, 2009 at 6:02 PM.

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January 8, 2009

J. Ezra Merkin, the New York financier tied to Bernard Madoff's alleged $50 billion Ponzi scheme, is hearing from collectors interested in buying his dozen $150 million Mark Rothko paintings, the world's largest private grouping, according to his art adviser. Though the paintings aren't for sale now, "everything has a price," said Ben Heller, 83, who helped Merkin buy the abstract expressionist paintings during the past five years.
Bloomberg
 

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