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Subject: Howard Rachofsky

  • Will Art Basel Tank?

    The story of this year's Basel is the recession, as we noted in this week's cover story and in a follow up piece by Carlos Suarez De Jesus that hits stands tomorrow. Long story short, Basel organizers seem to think (or hope) that people who had a lot of money pre-market meltdown still have a lot of money, or at least enough to plunk down a couple hundred thousand for some art. But according to this piece out today on Bloomberg.com, returns at this year's Basel could be grim."The world's is a tru

    December 2, 2008