Britain Corporate Art

AP News - 535 days ago
Britain Corporate Art
This picture provided by Sotheby's shows John Currin's 1991 work, "Shakespeare Actress," which will be one of more than 400 works from the corporate contemporary art collection of the failed investment bank Lehman Brothers that will go on sale at auction this fall. Corporations worried about the bottom line are taking a look at their office walls. Over decades, some of the world's wealthiest banks and companies have built up art collections, rich in modern masters, that are the envy of many museums. Now, many are selling them off some from choice but others, like the bankrupt Lehman Brothers, to pay off hungry creditors.(AP Photo/Sotheby's)