Word: sandelson
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...than $185 million. If the story is correct - the gallery says it's not, but hasn't detailed how many Hirsts it has on hand - it would mean that Hirst has run into that age-old problem of factory production: excess inventory. A few weeks ago Bloomberg.com quoted Robert Sandelson, a London gallerist who has dealt in Hirst, about the "pressure" that overproduction has placed on the market for spot and spin paintings. According to Bloomberg, one of those, Hydrocodone, sold at Christie's in London last year for $818,000, but resold this year at Sotheby...
...party. The N.E.C. also reneged on a promise to replace some leftists with moderates on a special committee that is studying the organization and finances of the party, and it restored to good graces a militant leftist who had been expelled for radical activism. Moderate Laborites were outraged. Neville Sandelson, a Member of Parliament for nine years, charged that the N.E.C. had "given their approval and support to subversive and diseased elements" that sought "to overthrow Labor's democratic tradition and ultimately to destroy the parliamentary system...
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