This %^@!ing Economy
A curious story in the NY Times this morning about "Art Capital Group"
and their business, which seems to be, tell me if I'm wrong here: Art Pawn Shop. Not only current owners, but also artists like Julian Schnabel
and Annie Leibovitz
, are trading in their collections for cash loans -- but in Ms. Leibovitz' case, not only her own artwork is on the table, but, per the Times
according to loan documents filed with the city, one of the world's
most successful photographers essentially pawned every snap of the
shutter she had made or will make until the loans are paid off.
(empahsis mine -- on FUTURE prints, as well? Wow.)