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Asher Edelman

Guest Contributor

Asher Edelman is an art collector and financier. He is the founder and CEO of ArtAssure Ltd. and the founder of Edelman Arts, Inc. and Artemus. Edelman began studying and collecting art in the 1950s. From 1962 to 1988, he enjoyed a successful career on Wall Street, during which time he also taught a controversial course at Columbia University School of Business entitled “Corporate Raiding: The Art of War.” In 1990 he moved to Lausanne, Switzerland where he founded the Musée d’Art Contemporain. While in Lausanne he curated retrospective exhibitions of artists including Pablo Picasso, Robert Mapplethorpe, Jean-Michel Basquiat and Roy Lichtenstein. Upon his return to New York in 1995 Edelman began dealing in art and in 2009 founded ArtAssure Ltd., an art finance company. He has served and serves on numerous Boards of dance, educational, music and visual arts institutions.
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Plunge Protection? Market Manipulation?

Plunge Protection? Market Manipulation?

"Wall Street Becalmed", a war cry from the frustrated investment banking community - a rational for poor earnings performance of the trading arms of many a bank. Goldman Sachs earns single digit returns on capital with mid teens its objective. The American political world in extreme volatility, [...]

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Plunge Protection Team

Plunge Protection Team

Feature image of Steve Mnuchin, Treasury Secretary Dear Friends, From time to time I’m asked for a market opinion, especially in today’s confusing economic environment. When contemplating market movement, it might be helpful to think about the possibility of legal government sponsored [...]

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Sponsor the Levy Institute

Sponsor the Levy Institute

 Dear Friends, I am writing this note in the hope that you, like me, will have an interest in sponsoring one of the few institutions of fair-minded economic thinking. The Levy Institute conducts research programs and offers solutions to a myriad of politically fouled economic issues abounding in today's [...]

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A Perspective on European Banking

A Perspective on European Banking

Yesterday, Patricia Kowsmann published the linked article on the Portuguese banks. I wish it was as good as Patricia described.The facts are: With one exception, all of the Portuguese banks including Caixa Geral, the government owned bank, are technically bankrupt and insolvent. They have not yet written [...]

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A Misguided Banker

A Misguided Banker

I read with interest a Bloomberg article entitled “Italy Could Spark European Bank Crisis.” The article quotes Societe Generale Chairman Lorenzo Bini Smaghi as saying that “governments must accept the idea of taxpayer money as the ultimate recourse.” Lorenzo Bini Smaghi has held many impressive [...]

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BREXIT - The Economics

BREXIT - The Economics

"Britain's exit from the European Union is of less significance than the economists have contemplated" at least to the UK. The economic pundits, always in sync with the status quo have hopped on a new bandwagon!  They shout "The evil English have separated from the EU and they will be punished."  Punished [...]

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