The First Art Newspaper on the Net Established in 1996 United States Wednesday, August 5, 2015


"Wall Street" artist Geoffrey Raymond sets sights on MF Global Holdings Ltd's Jon Corzine
Artist Geoffrey Raymond waits as he asks passers-by if they would like to sign his painting of News Corp CEO Rupert Murdoch, titled "Inverted Murdoch", in front of the NewsCorp building in New York in this August 3, 2011 file photo. Raymond, famous for his paintings of troubled Wall Street figures, has found his next muse in MF Global Holdings Ltd's Jon Corzine. Raymond told Reuters on November 3, 2011 that, after news broke of the former New Jersey governor's fallen firm, he went back to his studio in Troy, New York, painted a fresh coat of primer over an initial sketch of Bank of America Corp's Ken Lewis and now plans to use that canvas to paint Corzine. REUTERS/Brendan McDermid.

By: Ashley Lau

NEW YORK, N.Y. (REUTERS).- Artist Geoffrey Raymond, famous for his paintings of troubled Wall Street figures, has found his next muse in MF Global Holdings Ltd's Jon Corzine.

Raymond told Reuters on Thursday that, after news broke of the former New Jersey governor's fallen firm, he went back to his studio in Troy, New York, painted a fresh coat of primer over an initial sketch of Bank of America Corp's Ken Lewis and now plans to use that canvas to paint Corzine.

MF Global filed for bankruptcy on Monday after a failed attempt by Corzine, its chief executive, to turn the futures brokerage into an investment bank. Corzine's efforts to boost profits by taking more risk ended up bringing about the firm's demise.

"The missing $600 million dollars was what really pushed me and got me charged up," said Raymond, referring to funds that regulators say are missing from customers futures accounts at MF Global.

"One of the first rules is you're not allowed to use client money to take care of your own stuff."

Corzine joins a pantheon of the famous and infamous. Raymond has painted roughly 35 portraits of former chief executives, politicians and government figures since 2006 when he quit has job as a public relations executive. He started out painting portraits of waitresses and bartenders.

"A friend of mine who worked at Fortune magazine said, if you ever want to make any money out of this, you have to start painting people that have money." Raymond said.

His first painting of former New York Stock Exchange chief executive Richard Grasso sold for $3,050 on eBay Inc.

Raymond often takes his paintings to what he calls the "scene of the crime" -- the Bear Stearns building with his Jimmy Cayne portrait or the Lehman Brothers headquarters with his Richard Fuld painting -- to have firm employees and passers-by write comments on the canvases.

In the case of Corzine, Raymond said he will likely take the painting to a local bar in lower Manhattan. He said he thinks it will be more difficult to get people to stop by in the cold weather if he stands outside MF Global's building.

"You get the most interesting comments from the 'every man' sitting at the bar," Raymond said.

"I wonder what the absolute Average Joe knows or doesn't know about Jon Corzine."

Raymond plans to finish his Corzine painting by Sunday and after exhibiting it to the public will hold onto it unless a buyer emerges.

(Reporting by Ashley Lau; editing by Dan Wilchins and Andre Grenon)

© Thomson Reuters 2011. All rights reserved.





Today's News

November 5, 2011

First retrospective of Maurizio Cattelan opens at the Guggenheim Museum in New York

Sotheby's to offer a rediscovered masterpiece by Gustav Klimt not seen in public for over a century

Exhibition of late paintings by abstract expressionist painter Joan Mitchell at Cheim & Read

David Zwirner presents an exhibition of small and large new works by German artist Neo Rauch

Germany: Ostwall Museum cleaning woman damages sculpture by Martin Kippenberger

SFMOMA presents landmark reconsideration of Francesca Woodman's brief career

James Cohan Gallery presents solo exhibition by Brooklyn-based artist Byron Kim

Sri Lankan ivory carvings from the Dutch period at Francesca Galloway in London

Nate D. Sanders to sell Harper Lee letter about Atticus Fitch's Maycomb County

New initiative launched for earthquake/tsunami-damaged sites in Japan

Phillips de Pury & Company announces highlights from its Latin American art sale

Christie's announces "Decorative Arts Europe, Including Oriental Carpets" sale

"Wall Street" artist Geoffrey Raymond sets sights on MF Global Holdings Ltd's Jon Corzine

Sketch-leaves for Elgar's unfinished masterpiece at Bonhams

19th Century European Art brings $19.4 Million at Sotheby's New York

Of Trees and Rocks: New Objectivity photography by Albert Renger and Patzsch and Ernst Jünger"

Eleven sensational costumes worn by actor Paul O'Grady's alter ego Lily Savage displayed in Liverpool

Live Cinema/Peripheral Stages: Mohamed Bourouissa and Tobias Zielony

Most Popular Last Seven Days



1.- A second life for the 'blue gold' that once brought riches to France's southwest

2.- Britain's WWII tunnels rediscovered after six decades buried as a forgotten time capsule

3.- Chinese dissident artist Ai Weiwei arrives in Germany, says Britain restricted his visa

4.- 'Feeding the Empire: Tales of food from Rome and Pompei' on view at Ara Pacis Museum

5.- Exhibition celebrates the 150th anniversary of the publication of Alice in Wonderland

6.- British actress and singer Jane Birkin asks Hermes to take name off crocodile handbag

7.- Smithsonian Institution reveals identities of four lost leaders of Jamestown

8.- Rare medieval panel purchased by the National Gallery thanks to Ronald S Lauder

9.- Teen finds 560,000 year-old tooth in one of the world's most important prehistoric sites

10.- Exhibition presents all 17 works by Hopper in the Carnegie Museum of Art's collection



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher:Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez
Social Network Manager and Translator: Norma Cristina Pérez Ayala Cano
Special Contributor: Liz Gangemi - Marketing: Carla Gutiérrez
Contributing Editor: Carolina Farias - Special Advisor: Carlos Amador

Royalville Communications, Inc
produces:

ignaciovillarreal.org theavemaria.org juncodelavega.org facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site