Leave your feedback Share Copy URL https://www.pbs.org/newshour/economy/update-lehman-art-better-than-expected-at-auction Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Lehman Art Auctions Better Than Expected Economy Sep 27, 2010 4:44 PM EDT As a follow up to Friday’s Lehman Brother’s art collection video, this video looks at how some of the pieces actually fared on Sotheby’s auction block. Overall, the sale went slightly better than expected: while experts were predicting a $10 million sale, the final bids brought the Sept. 25 auction to well over $12 million. On Wednesday, Christie’s of London will auction another sizable piece of the collection. The art sale, part of Lehman’s bankruptcy, will help pay back the hundreds of billions the former investment firm owes it’s creditors. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now
As a follow up to Friday’s Lehman Brother’s art collection video, this video looks at how some of the pieces actually fared on Sotheby’s auction block. Overall, the sale went slightly better than expected: while experts were predicting a $10 million sale, the final bids brought the Sept. 25 auction to well over $12 million. On Wednesday, Christie’s of London will auction another sizable piece of the collection. The art sale, part of Lehman’s bankruptcy, will help pay back the hundreds of billions the former investment firm owes it’s creditors. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now