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...That’s because the works of contemporary artists such as Warhol and Jean-Michel Basquiat could now become collateral for half a billion dollars of asset-backed securities, alongside paintings by old masters...
...Sotheby’s lawyers maintained the auction house was just doing its job: selling art. “That’s what auction houses do . . . that’s how the business works,” Asner said during closing arguments....
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...Why don’t we seize those assets and seize as assets specifically for the defence and reconstruction of Ukraine?...
...It didn’t work out. The Italians weren’t interested. And soon enough the police raided a property outside of Naples, and recovered the paintings....
...Fess up and move on. This is all the more true if you work for a bank. Banks are in the trust business....
...But doing the same thing with the same people in the same way doesn’t work forever — which is why I’m glad to announce the following changes....
...“And that’s what I’m doing here.”...
...Nisbet describes it as a “rethink” and says she would like to steer the focus towards artists — “often overlooked in the business of doing everything else”....
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...The time to sell his professional wrestling empire was 2023 and he knew whose help he wanted....
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...But, in other ways, life now seems surprisingly normal at pleasant cafés and restaurants doing good business. As the morning rush hour in the parks, people are out taking their dogs for walks....
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...we experience at such events, as well as the people we meet, are essential to developing our business,” says Louis Carvès....
...the business case for doing something about it....
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