You Have Been Misinformed, an exhibition by Munich-based artist Stephan Dillemuth and London-based artist Nils Norman.
Reinterpreting some of the formal elements of an obsolete modernist plaza in NYC’s financial district – 77 Water Street – the artists invoke some of the more glamorous days of Manhattan, when arts and financial markets started with a certain optimism to weave the global fabric. Plopped into the “Plaza” is an installation of video fragments that recreate articles and quotes from the Financial Times and the International Herald Tribune as performance pieces reporting on art finance, the credit crunch and the new class of mega-rich art patrons. As public spaces have become privatized, the arts have entered a new phase, becoming merely another alternative asset of dubious financial schemes and speculations. The installation and videos reflect upon these developments and the connections between the declarations of Sotheby’s chief executive Bill Ruprecht, the machinations of Ukrainian industrial entrepreneur Victor Pinchuk and the mad apocalyptic ravings of CNBC financial pundit Jim Cramer.
source: Reena Spaulings Fine Art 2008 (PDF)
You have been misinformed 2008 (04:50)
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