Megan McArdle

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Art imitates life

15 Oct 2008 11:08 am

Corporate art collections in the aftermath of failure.

Comments (2)

It is to be hoped that there are no Damian Hirsts in the current crop. Would even Veterinary Schools take them?

When I was getting my MBA a couple of years ago, I made the ritual trip to NYC to troll for bank jobs. I'm an art lover and it was nice to compare various art collections on view in the lobbies and offices of the banks. As I recall, the most impressive collections belonged to Bank of America and Deutsche Bank. I didn't visit Bear Stearns or AIG, and I don't recall what Lehman or Merrill Lynch had (although I was pretty dazzled by Lehman's video exterior).

So based on my tiny sample and my faulty memory, banks with the best collections seemed most likely to survive financial crisis.

(None of those banks hired me... fortunately, I guess!)

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