Christie’s Sued By Insurer Over Superstorm Sandy Damage

“Christie’s Fine Art Storage Services is being hit with a lawsuit in New York court alleging that its ‘gross negligence’ during Superstorm Sandy damaged art collected by late cellist Gregor Piatigorsky. The facility in Red Hook, Brooklyn is a wholly owned subsidiary of Christie’s auction house that stores and protects art for outside clients.”

Hong Kong’s Ghosts Struggle With Hyperinflation

“For hundreds of years, Chinese have burned stacks of so-called ‘ghost money’ for their ancestors to help ensure their comfort in the afterlife. The fake bills resemble a gaudier version of Monopoly money … The value of the biggest bills has risen in the past few decades from the millions and, more recently, the billions. The reason: Even Hong Kong’s dead try to keep up with the Joneses.”