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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Alberto Giacometti

Alberto Giacometti stories: 3 news summaries

 Madoff's Money Man Sells 
 Rothkos for $310M 

Merkin unloads art, but buyer's identity a mystery

Jul 1, 09 7:53 AM CDT
(Newser) - Ezra Merkin, the financier who pumped billions of his clients' money into Bernie Madoff's Ponzi scheme, is selling more than 10 paintings by Mark Rothko and two sculptures by Alberto Giacometti for $310 million, reports the Wall Street Journal. Some of the proceeds may go to his defrauded investors, who... More »

MORE ABOUT:
art market • fraud • art • Mark Rothko • art collector • Ponzi scheme • Bernard Madoff • Ezra Merkin • Alberto Giacometti

 Sotheby's Sale 
 Busts, Picasso 
 Goes Unsold 

$61.3M result fails to reach low estimate

May 6, 09 6:45 AM CDT
(Newser) - The art market failed to recover from its recent slump last night, as Sotheby's held a disappointing New York sale that saw works by Picasso and Giacometti go unsold. The small auction of 36 lots brought in just $61.3 million—well below the low estimate of $81.5 million.... More »

MORE ABOUT:
art market • art • Sotheby's • modern art • art auction • Pablo Picasso • Alberto Giacometti

 Strapped 
 Art Market 
 Preps for 
 Auctions 

Expectations low as auction houses try variety of tactics

May 1, 09 10:21 AM CDT
(Newser) - After a 7-year boom, art auction houses are struggling as collectors hit hard by the recession close their wallets. Sotheby’s predicts it will pull in $179 million to $256 million at spring sales, compared to $742 million a year ago. As the spring events approach, auctioneers are employing an... More »

MORE ABOUT:
art market • art • Andy Warhol • Sotheby's • Christie's • Damien Hirst • Francis Bacon • Mark Rothko • art auction • Jeff Koons • Pablo Picasso • financial crisis • Alberto Giacometti • Robert Gober • Tamara de Lempicka • Jean-Michel Basquiat • Tom Wesselman

3 Stories


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