Thursday, November 10, 2011

Wild scene at Sotheby's



If you haven't seen it yet, we thought we'd share it with you.

And while we're at it, we thought we'd mention that Sotheyb's former chief executive, Dede Brooks, committed felonies but spent no time in jail. No one ever dragged her out on the sidewalk. Wikipedia has the story:
In February 2000, A. Alfred Taubman and Diana (Dede) Brooks, the CEO of the company, stepped down amidst a price fixing scandal. The FBI had been investigating auction practices in which it was revealed that collusion involving commission fixing between Christie's and Sotheby's was occurring.
In October 2000, Brooks admitted her guilt in hopes of receiving a reduced sentence, implicating Taubman.
In December 2001, jurors in a high profile New York City courtroom found Taubman guilty of conspiracy. He served ten months of a one year sentence in prison, while Brooks received a six-month home confinement and a penalty of US$350,000. No staff from Christie's was charged.