Word: frick
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Dates: during 1990-1999
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...unassailable and mutually interlocking trusts, combines and cartels; of rampant money acting under laws it wrote for itself. "Get rich," wrote Mark Twain sardonically, "dishonestly if we can, honestly if we must." From this culture of greed arose the primal names of American business: Rockefeller (oil), Carnegie and Frick (steel), Vanderbilt (railroads), the Goulds, Astors, Fisks and, towering over them all, the magister ludi of saber-toothed capitalism, J. Pierpont Morgan. After 1870, America lost all its Puritan inhibitions about the gratuitous display of surplus wealth...
...heir to the Frick steel fortune whose relatives have figured in business and government for centuries, John Fife Symington III made his local reputation as a real estate developer. But 13 of his projects went belly up. One, the Phoenix Mercado mall, was financed with $10 million from six union pension funds, which sued for repayment, eventually forcing Symington into bankruptcy...
...boisterous vibrancy of U.S. culture has historically stemmed from the mingling of homegrown art with imported models of European classicism. Some of the credit for this unique American cultural heritage belongs to the robber barons and entrepreneurs--Frick, Carnegie, Morgan, Rockefeller and so forth--who used part of their fortunes to build museums, libraries and concert halls that would rival any to be found on the Continent. In their diverse ways, these benefactors believed culture served the common good, not only educating the people but also making them better citizens. Such patronage helped ensure that our cultural plate would overflow...
...their favorite paintings in the Art Institute, the cat-eyed, Balthus-like Young Woman at an Open Half- Door, signed "Rembrandt f. 1645," being given to Hoogstraten. And hell may freeze over before everyone accepts the revisionist view that the sublime Polish Rider, in New York City's Frick Collection, is really by "Rembrandt...
What will happen to this curious institution? Until the lawsuits finish, it is hard to say. When one thinks of the financial problems that beset the few really great small museums founded on a single person's taste -- the Frick in New York City or the Phillips Collection in Washington -- the idea of wasting $98 million on this trivial package seems obscene. The Hammer Museum cannot evolve into a serious collection. It would have difficulty making a mark as a site of temporary shows, since there is too much competition from other Los Angeles museums. Perhaps, as one critic suggested...