Bankrupt Bank Logos, Baselitz, Monkey King: Chelsea Art
March 21, 2012
By Katya Kazakina
Danish art collective Superflex examines the recent financial crisis with a hanging installation featuring bank logos.
The “Bankrupt Banks” exhibition at Peter Blum gallery in Chelsea has 24 cheerful painted banners, 6.6-feet square, hanging back to back from the ceiling in rows of two and three.
Merrill Lynch’s bull is shown in black on white, while Fannie Mae has its blue-and-white house on a hill and Washington Mutual’s punctured blue “W” is set against a yellow background.
A handout list details what happened to each company: “Alliance & Leicester acquired by Grupo Santander, July 14, 2008,” or “First Federal Bank of California acquired by One West Bank, December 19, 2009.”
The banners are $18,000 each. The show runs through April 14 at 526 W. 29th St. Information: +1-212-244-6055; http://peterblumgallery.com.