Thursday, April 15, 2010

This is the summer of 75K

At least that's the general idea. Pipedream, you ask? Consider these selected bits of copy from today's New York Post under the story titled "Canvas$ of pure hatred":
It's one of the few positive things to come out of the Lehman Brothers bankruptcy.

A popular portrait of ex-Lehman boss Dick Fuld painted by street artist Geoffrey Raymond could fetch a price deep into the six-figure range as its owner, former Lehman head trader Larry McCarthy, fields offers from prospective buyers.

McCarthy, who now works as the head of levered products at Chapdelaine Credit Partners downtown, told The Post that he paid $10,000 in cash to Raymond for the artwork three days after Lehman filed for bankruptcy on Sept. 15, 2008.
The subhead reads:
Wall Street trader eyes six figures for Fuld painting.
So if not six figures for Larry (six deep figures), why not something like that for your obedient servant?

My favorite line from the article?
In addition, he said auction house Sotheby's has twice reached out to him inquiring about his interest to sell.
The full article can be read here.


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