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Hedge Funds vs. Art: Picasso Blue Period Gets An Elbow!

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Page Six details the latest crimes of hedge fundsters against art. Well, this time it wasn’t actually a hedge fundster who was responsible for the damage. It was allegedly casino operator Steve Wynn who put his hand through “Stevie Baby” Cohen’s Picasso, according to Page Six.

DID casino king Steve Wynn put his elbow through a Picasso? Sources said Wynn was hosting a cocktail party in his penthouse at the Wynn Las Vegas for the likes of Barbara Walters, Louise Grunwald, Georgette Mosbacher, David and Mary Boies, Henry and Nancy Silverman, Nora Ephron and Nick Pileggi, and Tatiana and Serge Sorokko. "It was a Picasso from the Blue Period, worth $140 million, which he had just sold to hedge-fund billionaire Steven Cohen," said one source. Wynn gallantly told his guests, "I'm glad that was me." The canvas was rushed off for repairs on a 6-inch tear. Wynn's rep said, "We don't have any information on this."

Cubist Killer
[Page Six, New York Post]
Update: We can't really put up an item about Pablo Picasso without linking to the all time best thing about the artist. That's right. It's Jonathan Richman's song, "Pablo Picasso."


By User1964; Cropped by User:Bobak (User1964) [CC BY-SA 3.0 or GFDL], via Wikimedia Commons

Don’t Worry: Steve Wynn Already Has An Elbow-Hole-In-The-Picasso Guy

He does beautiful work on other multi-million-dollar canvas holes, too.