Bankrupt Refco sells prized art - Democratic Underground

DoYouEverWonder

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Tue Apr-25-06 06:52 AM
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Bankrupt Refco sells prized art

24 April 2006

This portrait shows artist Andy Warhol after he was shot in 1969

A highly collectable collection of 500 original photographic prints owned by bankrupt US brokerage Refco is due to go under the auction hammer on Tuesday.

The highly-prized prints include one of artist Andy Warhol fingering his scar after an attempt on his life in 1969.

The sale at Christie's in New York also includes paintings and sculptures.

Finance firm Refco, which sought Chapter 11 bankruptcy protection last October, believes the sale "is in the best interests of creditors".

http://news.bbc.co.uk/2/hi/business/4938514.stm

Gifts for the person in your life who already has everything?

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