let us not forget the uber-rich have a different opinion of things
don't you recall Goldman Sach's CEO Lloyd Blankfein, when questioned
about consumer to banker angst, exclamed "we're doing God's work"??
so in that vein, I'm surprised more of these fools haven't screamed
out how good they're doing
At 04:15 PM 2/1/2011, Richard Evans wrote:
Sounds right.
And considering the state of things for most of us, it's arguably a
little gauche of Christies to be shouting about it.
Still, having to pay record prices for Picassos must hold its own
kind of suffering.
On 1 Feb 2011, at 23:06, Richard Halegua Comic Art wrote:
At 02:59 PM 2/1/2011, Todd Feiertag wrote:
For 2010 Christie's had it's best year in it's 245 year history
with over $5 Billion in sales.
<http://www.antiquetrader.com/article/christies_2010_global_art_sales>http://www.antiquetrader.com/article/christies_2010_global_art_sales
At the same time I've never seen a worse year for movie posters
with many good ones going for pennies on the dollar.
Interesting, isn't it? Too much supply flooding the market and
not enough demand to absorb it all?
Todd
Todd, it's already widely reported that sales of Luxury Goods are
at an all time high. The reason is of course because the
super-wealthy are making greater amounts of money because all the
companies they have invested in laid off millions of employees in
2008+2009 haven't hired these people back, and those they have
hired back they've gotten at bargain rate salaries because of
course everyone who isn't uber-wealthy is fearful of ever getting a
job otherwise and will take whatever they can get.
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