Word: sales
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...million. And was that less or more than the GNP of a minor African state? On the other hand, wouldn't it buy only the undercart of a B-2, and maybe the crew's potty? Or a dozen parties for Malcolm Forbes? That a night's art sale could make a total of $269.5 million and yet leave its observers feeling slightly flat is perhaps a measure of the odd cultural values of our fin de siecle. "Personally," said Ainslie a week before the sale, "I would like to see more price stability -- at present levels, of course...
Auction has transformed the very nature of the art sale. In 1983 the old English firm of Sotheby's was taken over by A. Alfred Taubman, American conglomerator, real estate giant and collector. The deal had to be approved by Britain's Monopolies and Mergers Commission. At the commission hearings, Taubman declared that he would be "very concerned" if the public ever got the idea that Sotheby's was centered anywhere but Britain, and that the "traditional nature of the business and of the services offered would be changed as little as possible." Request approved...
...ethics of the trade -- is giving guarantees to the seller of a work of art and loans to the buyer. If X has a work of art that auctioneer Y wants to sell, Y can issue a "guarantee" that X will get, say, $5 million from the sale. If the work does not make $5 million, X still gets his check, but the work remains with the auction house for later sale. Guarantees are a strong inducement to sellers...
Giuliani claimed that Dinkins was seeking to evade taxes in a murky sale to his son of stock in a black-controlled broadcasting company. He followed up by disclosing that Dinkins had not listed on required financial-disclosure forms a vacation trip to France paid for in part by a close friend. Though Dinkins provided plausible explanations for the lapses, the explanations were slow in coming. With more time, Giuliani might have been able to capitalize on his reputation as one of the nation's toughest lawmen. When the candidates squared off in televised debates, Dinkins complained that Giuliani...
...China is a nuclear power. Without Chinese cooperation, we cannot have an effective policy of nonproliferation of nuclear weapons, and will have no leverage at all in trying to prevent the sale of missiles and other destructive weapons to countries in trouble spots like the Middle East...