March 25, 2013 § Leave a comment
Christie’s announce the auction of Lehman Brothers: Artwork and Ephemera which will take place at South Kensington on 29 September 2010 offering artworks and selected items of interest which once adorned the walls and offices of the British and European arms of the former banking powerhouse Lehman Brothers.
From the press release published in August 2010, under the direction of the administrators of the broke investment bank, once the fourth largest in the world, artefacts including the sign which had adorned the entrance to their offices in London’s Canary Wharf (image above) and also the contents of the art collection which included works by Gary Hume, Lucien Freud and the photograph, New York Mercantile Exchange 1991, by Andreas Gursky, were to be auctioned at market.
The timing of the auction was also significant, coinciding with the second anniversary of when the company went into administration. Citing the experience of the dismantlement of Enron, one of the administrators observes:
The brothers Lehman collected artwork which adorned their offices since the 19th century. Over the subsequent years, of course, as the business expanded and the leadership changed, so did their corporate taste in art. We are excited to be working with Christies to offer the art collection owned by the companies in Administration. The auction date was selected to approximately coincide with the second anniversary of the Administrations. We think that there are many people around the world who would like to acquire some art with a Lehman connection, and we have therefore timed the sale to ensure that potential buyers can view and bid efficiently online. As with the Enron auction, some seven years ago, when we had bids from 43 countries, we expect internet bidding to be fast and furious – having the capacity to cope with a large volume of global bidding was one of the key reasons why we chose Christie’s.
Recognised as one of the central pillars of the global market and subsequent architects of the global economic collapse, and mindful of the Gursky image, Lehman Brothers would appear to have been returned to the simultaneous site of its making and undoing.
March 9, 2013 § Leave a comment
Unemployment is the vital question … Machinery should benefit mankind. It should not spell tragedy and throw it out of work.
(Charlie Chaplin) 1931.
As part of the programme of the current exhibition, STRIKE!, at the Limerick City Gallery of Art, there will be a screening of MODERN TIMES (1936), written, scored and directed by Charlie Chaplin, at 2.00Pm on Monday, March 11th, 2013. This will be followed by a discussion from Mark Curran with specific reference to the visual representation of the conditions of labour and the resonance of Chaplin’s undertaking for the present.
Further information regarding the exhibition and full details of this event, can be found here.
March 5, 2013 § Leave a comment
I mean we can keep throwing tax breaks at them but that’s just…that will only go so far…it’s a fool’s economy or a false economy or fool’s paradise or whatever you want to call it…I think we need to be…more cost effective and I don’t think…at the moment we really are…what we have got is, as I said, is…a well-trained, educated, kind of workforce…so that’s in our favour, but, again time will tell whether that’s enough…I don’t see it attracting everybody…I think they’ll always come in for the tax break and that’s probably the main reason they’re here for now…so I’m really not sure where this is going to be in 10-15 years time…you could have a lot of well-educated people walking done to the dole office (unemployment office) and you know…but like, I don’t really know where it’s going…you know…
(Cleanroom Supervisor, Canteen, Hewlett-Packard Ireland, 28 November 2003)
THE BREATHING FACTORY
A project by Mark Curran
Update: short video clip of the installation at FORMAT 13