New Perspectives Art Partners Wants to Reshape the High-End Art Market "The way things were done in the past has largely outlived its usefulness," Philip Hoffman of The Fine Art Group tells Observer. By Elisa Carollo
Giants Stir: Sources Say Hedge Funder David Ganek Is Prepared to Sell 740 Park Duplex Right about now, David Ganek, the financier and former SAC Capital partner, must be hoping that his luck in the real estate market proves better than his old colleague Steven Cohen's. By Chris Pomorski
Black Monday Crash, 25 Years Later; Pay Realist Gorman Likely to Lose Shares on Missed Targets: Roundup Twenty-five years after the Black Monday stock market crash of 1987, the potential for a catastrophic plunge remains, says Bloomberg. By Patrick Clark