Thursday, July 26, 2012

30 Things "The Scream" is screaming, 20.

Leon Black is the financier who shelled out $119,900,000 for a copy of "The Scream" and subsequently was minimally profiled in a few media outlets, which said stuff like "He's rich" and the like and talked about his love of art and didn't, rather conspicuously didn't because our media suck up to the rich, mention some of the other things you oughta know (as Alanis Morissette would say) about Leon Black.

Like how Leon Black worked for Drexel Burnham Lambert at one point.  When I read that, I thought "Drexel Burnham Lambert.  Drexel Burnham Lambert. Drexel Burnham Lambert. Why does that seem familiar?"

Then I googled it and realized that Drexel Burnham Lambert seemed familiar because oh yeah that's the firm that manipulated the market back in the 1980s via a variety of frauds, eventually seeing its brokers to to prison and the firm itself pleading no contest to six felonies.

That's where Leon Black got his start in being a financier.

I wonder what The Scream has to say about that?

My new owner also was reported to have argued that his boss should not cooperate with the authorities in the investigation into the massive fraud!

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3 comments:

joeh said...

If he paid $119,000,000 for a COPY is ain't too bright!

Andrew Leon said...

I wonder if the painting can run away?

Michael Offutt, Phantom Reader said...

I wish I could have just five million. Sigh.