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The Herd Is Out, but Holding Back

David Zwirner was offering this large watercolor of Ponzi schemer Bernie Madoff by Chinese artist Yan Pei Ming for $100,000. “One prominent art world figure came into my booth and said, ‘Oh shit — I lost a lot of money on him — that’s the last thing I want to see!’ and stormed out,” Zwirner says.

Courtesy David Zwiner Gallery

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