Word: kindly
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Dates: during 1980-1989
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...guess what kind of dealing structure will emerge from this mud wrestling in the '90s? Pessimists think the world contemporary art market, just like the communications industry, could implode into six or seven megadealers, each with an international corporate base formed by gobbling up aging or lesser competitors. The middle rank of dealers will have been squeezed out by the raids on their artists and stock, and at the bottom of the heap a litter of small galleries, treated as seedbeds by those on top, will be kept to service the impression of healthy diversity...
...their permanent collections, as MOMA recently did. In order to purchase an indubitable masterpiece, Van Gogh's Portrait of the Postmaster Roulin, for an undisclosed price, the museum sold and exchanged seven paintings. But this encourages museum trustees to think of the permanent collection as an impermanent one, a kind of stock portfolio that can be traded at will: not a good omen...
...lawyers reported that they could not be sure, based on the papers shown them, who owned it. It seemed to be owned jointly owned by Dallhold, Sotheby's and two Hong Kong corporations. (This conflicts with Sotheby's insistence that it had, and has, no ownership of any kind in Irises, only a lien on the painting.) And on checking the insurance, the lawyers found that no premium had been paid and that the English insurers considered themselves not liable for Irises. Asked about this, Sotheby's CEO Michael Ainslie says, "That is news to me. It was certainly...
...editing scholarly magazines and writing a string of financially unsuccessful books (among them: High Culture, about marijuana use, The Great American Man Shortage and a compendium of Jewish humor). Just as he resigned himself to "finding a real job," an editor friend at Bantam suggested Lee Iacocca. "Great! My kind of guy," said Novak, who had never heard of Iacocca...
...Twain, Henry James, Stephen Crane and Theodore Dreiser. He adds that while five of the first six American Nobel laureates in literature were what he describes as realistic novelists (Pearl Buck, Sinclair Lewis, William Faulkner, Ernest Hemingway and John Steinbeck), by the '60s young writers and intellectuals regarded their kind of realism as "an embarrassment...