Pricey Bauble Bought by Rich Bastard
Steven Cohen, the self-pitying billionaire hedge fund titan who enriched himself through insider trading, has an expensive new toy.
Last month, an unknown buyer paid $141 million for a sculpture by Giacometti—the highest price ever paid for a sculpture. That buyer has now been revealed. Who was it? If you guessed “self-pitying inside-trading billionaire Steven Cohen,” then I have a piece of news for you— you’re right.
This fabulous sculpture will take its rightful place in the billion-dollar private art collection of this pale, soulless financier.
Giacometti is said to have made the sculpture in a single night. If anyone can explain the relationship of art, money, and labor to me in a clear and understandable way, I would greatly appreciate it.
[Photo: AP]