Friday, September 26, 2008

Will Government Purchase Artwork in Bank Handout Plan?

Lindsay Pollock of Bloomberg reports that "Kathy Fuld, the art-collecting wife of Lehman Brothers Holdings Inc. Chief Executive Officer Richard Fuld, is selling a $20 million set of rare Abstract Expressionist drawings at a November auction, according to two art dealers."

Could she be positioning herself to benefit from incipient Congressional handouts?

As I think it through, I'd rather have her artwork than the worthless trash our inept Congress is planning to overpay for.

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