Monday, March 02, 2009

Gold Digging

It seems artist Chris Burden and Gagosian Gallery have gotten tangled up in the Allen Stanford asset freeze. The LA Times's Mike Boehm reports:

"Chris Burden and the Beverly Hills Gagosian Gallery aim to acquire 100 gold bars, combined value about $3.3 million, in the very near future. What's in question is whether they'll cop that bling ... in time for [Burden's] scheduled Saturday opening at the Gagosian Gallery in Beverly Hills. The gold bars originally purchased for the exhibition ... have been frozen under an order by federal authorities. ... Gagosian bought the gold in January from a company owned by R. Allen Stanford, the Texas billionaire accused of perpetrating an $8 billion financial fraud."