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Lehman Brothers Portrait Sells for $10K

By ARTINFO

Published: October 9, 2008
NEW YORK—A portrait of Lehman Brothers CEO Richard Fuld has sold for $10,000, Artnet reports.

Brooklyn artist Geoffrey Raymond took the large painting, titled The Annotated Fuld, to Wall Street in September when Lehman Brothers filed for bankruptcy. The artist allowed passersby and laid-off employees to scrawl their thoughts on the canvas. According to the Associated Press, one worker scribbled "You are a coward," next to Fuld's face, while a passerby wrote "See you at the soup kitchen!!!"

Raymond said the portrait's buyer is a former Lehman employee who still had friends at the firm. "He said he bought, in part, as an act of support for them," the artist said, adding that he helped hang the piece in the new owner’s living room.

Raymond told the Associated Press in September that he had been painting portraits of Wall Street personalities for years, but he only recently decided to let the public contribute to his work. "It's about creating a snapshot of this moment in time," he said.
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