Proposed: The Art Market Is Less Ethical Than Stock Market

“A before-and-after poll of the audience found that tales of chandelier bidding, bidding rings, the lack of regulation and so on resulted in 55% agreeing that the art market is less ethical than the stock market (only 33% opposed, 12% undecided). Amid the worst economic meltdown in half a century, caused by the unregulated greed of bankers and securities traders, the art market lost the debate.”