ART AND THE BOUNCY BANKER: The Art of Finance

The Bruxist Collective's take on Art and (as Alfred Jarry might put it) P'finance.

A numerically dyslexic artist (and reluctant consumer) shares his dearth of financial wisdom and resulting frustrations with his Bank Manager. Read personal letters from the elusive Art to his even more elusive Bank Manager. See a comic rendition of a Day In The Life Of The Bouncy Banker. Art struggles to make sense of the senseless as the Authorities of Finance wobble but never quite fall down. Full of hot air they float above it all! When they bounce it is with impunity! Why are there no Remorseful Bankers? Can Art and Finance ever coexist? Do you have a Blue Chip on your shoulder?

When bankers get together they talk about Art. When artists get together they talk about money. Oscar Wilde

Friday, September 11, 2009

The Art of Finance

The Art of Finance by Harold James
Project Syndicate
Excerpt:
"...Some modern artists and their patrons explicitly point to the parallel between contemporary art and new financial products. Deutsche Bank, Europe’s most prominent art-collecting bank, published the view of academic experts to the effect that customers, the broad public, were “extremely conservative, boring, lack imagination, and don’t know their own minds.”

After financial implosions, such as the collapse of the dot-com bubble in 2000 or the sub-prime meltdown of 2007-8, such views appear arrogant. The parallel between bewildering and apparently meaningless art and unintelligible financial products is damning rather than reassuring."