Crush, Pop, Bomb, Fall: All Used to Describe Results from Sotheby’s Hong Kong Art Auction

Credit Crunch Crushes Art AuctionBBC Pop Goes the Bubble in Chinese & Indian ArtBusinessweek Masriadi Breaks Post-Lehman Stupor at Hong Kong Art AuctionBloomberg Sotheby’s Chinese, Indian Art Sale Bombs in Wake of Wall Street CrisisBusinessweekSotheby’s Shares Fall Amid Concern About Art MarketBloomberg Copyright Leanne Goebel. May not be used without permission. Advertisements

What does the fiscal crisis mean for arts organizations?

The Philanthropy News Digest reports on an article from the Washington Post. With Wall Street in turmoil and many large companies facing mergers, bankruptcy, or other hurdles, those in the arts community are increasingly nervous about how mounting economic woes will affect corporate donations, the Washington Post reports. Charitable giving to arts groups — 13…