Bombarded by lawsuits accusing him of fraud in connection with the Madoff scandal (including one from New York Attorney General Andrew Cuomo), New York financier J. Ezra Merkin and his wife have arranged to sell their collection of paintings by abstract expressionist Mark Rothko, as well as some valuable sculptures by Alberto Giacometti. According to the San Francisco Chronicle, “[a]n anonymous buyer has agreed to pay $310 million for the trove…[.]”
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