Times Online logo Times Online 2 weeks ago

Lehman Brothers art auction raises $1.34 million$

People view art work from the failed banking giant Lehman Brothers

The sale of artworks owned by Lehman Brothers before it filed for bankruptcy last year raised $US1.34 million (£815,000) at auction in Philadelphia yesterday – nearly double what had been expected. Full Article at Times Online

Related Topics:

  1. Lehman Brothers
  2. Robert Indiana
  3. Walker Evans

Related Articles

  1. Expressindia.com logo
    Lehman art draws trophy hunters to $1.35 million sale
    2 weeks ago

    RNRL's submissions on the MoU Philadelphia: An eclectic batch of artworks that once adorned the corporate offices of Lehman Brothers Holdings Inc sold for $1.35 million on Sunday at Freemans Auctioneers in Philadelphia. Full Article at Expressindia.com

  2. San Diego Union-Tribune logo
    Everything must go! Lehman Bros. art auctioned off
    3 weeks ago

    This feature lets you search our site for stories with related terms. Just click on one of the related terms atop a news story and you'll get a page listing all the stories featuring that term. See something amiss? Full Article at San Diego Union-Tribune

  3. Wall Street Journal logo
    Wall Street's Orphaned Art
    3 weeks ago

    By Candace JacksonWhen Lehman Brothers, with its 158-year history as a pillar of finance, vaporized in a bankruptcy filing last year, one asset it left behind was its art collection.Assembled over many years, it's a wide-ranging selection of works,... Full Article at Wall Street Journal

  4. Clusterstock logo
    Bid On Lehman Brothers' Private Art
    3 weeks ago

    Want an ironic trophy of the financial crisis? Now's your chance. On November 1st, Philadelphia auction house Freeman's is holding the first of two sales of nearly 700 pieces from Lehman Brothers' private art collection. Full Article at Clusterstock

Related Quotes

  1. A lot of long-standing collectors who had been priced out of the market are able to come back in ... We're also seeing new clients too, people who've never bought art before, who are really interested.
    SOURCE: San Diego Union-Tribune 3 weeks ago
  2. Freeman's is giving us national exposure for our better works as well as the moderate items that would be overlooked by larger houses
    SOURCE: San Diego Union-Tribune 3 weeks ago
  3. The Lehman name, while associated with some trying times a year ago… adds a little importance and gravitas to the works
    SOURCE: Wall Street Journal 3 weeks ago
  4. We are very excited about it ... This is a very important provenance in the art world and there are number of top quality artworks being sold in good condition.
    SOURCE: Fortune 1 month ago
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Cast of Characters

  1. Lehman Brothers Lehman Brothers
  2. Robert Rauschenberg
  3. David Hockney
  4. Walker Evans
  5. Robert Indiana
  6. Museum of Modern Art