Word: wanteds
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Dates: during 1980-1989
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American public opinion must understand that we are not asking for a gift or for debt forgiveness. We want a system of economic relations that will give us guarantees so we can plan our economies and develop our countries...
...vanity, museums. Some American collectors of contemporary art, he points out, think of themselves as institutions, and this would make them reluctant to donate art to a museum even if the tax laws had not been changed. They do not crave the imprint of the established museum. They want the Jerome and Mandy Rumpelstiltskin Foundation for Contemporary...
...legal standpoint," says Aponte. "O.K., Sotheby's says in its catalog that it offers financial services, but I'd like to see disclosure of the entire commitment. I would like to know if it is part owner of a painting, and if it has a fiduciary interest, I want to know what it is. If it lends Bond $27 million, I want that fact in the catalog...
...doing has very little relation to collecting as it was once understood. They are, quite simply, investment-buying on a huge scale, with limitless quantities of cheap credit: one zaibatsu offers open- ended loans of any size at 7% (3.5 points below the U.S. prime rate) to Japanese who want to buy Western...
...have brought $30 million, maybe $35 million, according to informed sources -- a fire sale. And the results for the art market if the World's Most Expensive Picture lost a third of its value in a year did not bear thinking about. "The last thing in the world we want," a senior Sotheby's executive remarked to Edmund Capon, director of the Art Gallery of New South Wales, "is for that f------ picture to come back on the market...