Wednesday, October 14, 2009

Warhol Theft Update

A development in last month's high-profile Los Angeles Warhol theft. The Seattle Times reports that the collector has canceled his $25 million insurance claim for the 10 pieces. He "realizes some people might view it as strange for him to walk away from so much money. But, he says, he simply couldn't stand the thought of insurance investigators poring through his personal records and interrogating his family and friends before he stood any chance of collecting."