Lehman Brothers art collection takes in $12.3 million at auction
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An auction of fine art from the Lehman Brothers collection took in $12.3 million on Saturday, beating expectations but barely denting the billions owed from the financial group's 2008 bankruptcy, the biggest in US history.
One work, an untitled 2001 piece by Julie Mehretu, who also created a well-received commissioned mural in the Manhattan headquarters of Goldman Sachs, sold for $1,022,500. The price set a record for the artist. Sixteen other artists also set records. (Reuters)
