Lehman Bros. shows at least fine art pays

Lehman Bros. shows at least fine art pays

Here’s more proof that investing is more art than a science. The bankrupt financial firm Lehman Brothers may quintuple its investment in modern art when it auctions off 450 paintings and sculptures for an estimated $10 million to help pay creditors. “The sellers will absolutely exceed purchase prices, and…

Published Sep 20, 2010.
Read more: New York Post

Leave a Reply

You must be logged in to post a comment.