Sharing Steve :: New Stuff
Thursday, December 22, 2005

What did you buy, Steve?

Greed on Wall Street
The Rise and Fall of Tyco's Dennis Kozlowski
Former Tyco International CEO L. Dennis Kozlowski
Program: 20/20

Nov. 11, 2005 — This fall's art season brought a gathering of multimillionaires to New York's famed auction houses, where connoisseurs competed for the latest must-have works of art.

"It's a big night for money," the actor Steve Martin said as he mixed into the crowd heading into Christie's at Rockefeller Center for the evening's auction of postwar and contemporary art.

The bidding was fast and furious, with works by Warhol, DeKooning and Lichtenstein changing hands for tens of millions of dollars.

"It's amazing. It's like grand opera. You have egos fighting other egos," said Brett Gorvy, international co-head of the Post-War and Contemporary Art Collection for Christie's in New York.

The night's star was Homage to Matisse by Mark Rothko, which set a new record when it sold for $22.4 million.



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