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2min chapter
A Billionaire Fire Sale & Sotheby’s Debt Squeeze
The Powers That Be: Daily
Intro
This chapter delves into Sotheby's financial challenges as an auction house, particularly regarding its lending practices against art in a tough market. It highlights the reputational risks involved and features commentary on art valuations and the recent actions of billionaire Ron Perlman in the art scene.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode