Art Dealer Salander Pleads Guilty To $120M Fraud

”’I am deeply ashamed and sorry for my actions,’ the dealer, Lawrence B. Salander, 60, said after acknowledging that he had defrauded clients including the tennis star John McEnroe; Roy Lennox, a hedge fund manager; and Earl Davis, the son of the painter Stuart Davis.” He admitted “to 29 charges of grand larceny and scheming to defraud investors.”

Bloomberg Ending Charitable Program For NYC Nonprofits

Through the program, the billionaire mayor has channeled “nearly $200 million of his fortune” to local groups. “His decision, which is not yet public, has set off alarm in the city’s arts and social services worlds, which depend heavily on his largesse and are grappling with deep budget cuts and a brutal fund-raising climate.”

Why Arts Vouchers Would Be Disastrous For The Theatre

The “suggestion that ‘the definition of good art would be that which people wanted to see, or that which private patrons wanted to fund’ turns art into a kind of popularity contest. Such an approach to funding would kill our thriving and innovative theatre culture stone dead – the same theatre culture that gives such a good return on the investment it attracts.”

Publishing’s Future, Through The Lens Of SXSW Interactive

“[D]evotees of SXSWi never hated publishing or wanted us to roll over and die: They just wanted us to repurpose. This past weekend several publishing experts suggested how that repurposing might look. While last year’s future of publishing panel met with hostility, this year the response was generally civil — a major improvement.”

Cultural Olympiad Won’t Repeat Millennium Dome Debacle

“There will be no political interference,” promised Tony Hall, chief executive of the Royal Opera House and chairman of the Cultural Olympiad board. Said the Olympiad’s artistic director, Ruth Mackenzie: “One might imagine that even the politicians have learned from the millennium dome that you need to have clear artistic leadership.”