Welcome back to The Rainmaker, a private email about money, power, fame, and, most of all, the law. In today’s edition, a legal fight involving the Nazis, the Manhattan D.A., and an escalating international art ownership battle. Plus: Sam Bankman-Fried, Changpeng Zhao, Brian Roberts vs. Bob Iger, Donald Trump, Bob Woodward, Tim Sweeney, and more.
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Happy Monday, I’m Eriq Gardner.
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Welcome back to The Rainmaker, a private email about money, power, fame, and, most of all, the law.
In today’s edition, a legal fight involving the Nazis, the Manhattan D.A., and an escalating international art ownership battle. Plus: Sam Bankman-Fried, Changpeng Zhao, Brian Roberts vs. Bob Iger, Donald Trump, Bob Woodward, Tim Sweeney, and more. (If your art buddy or political foe forwarded you this email, and you’d like to continue receiving this newsletter, click this link to subscribe.)
Let’s begin…
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- The Next S.B.F.?: Now that federal prosecutors have convicted Sam Bankman-Fried, they might be tempted to shoot for the moon by indicting Binance C.E.O. Changpeng Zhao, too. In a civil suit brought by the S.E.C. in June, the government outlined potentially deceptive acts, including the allegation that Zhao...
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| The Art World’s Russian Prisoner Dilemma |
| A fight over a century-old portrait, which ended up in Chicago after being uprooted by the Nazis, has the potential to reshape the landscape of art ownership disputes and even draw in the Biden administration. |
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| Hidden away in the cool, dim chambers of the Art Institute of Chicago resides a piece of art history—a 1916 watercolor and pencil drawing titled Russian War Prisoner, crafted by Austrian expressionist Egon Schiele. While it may not rank among the world’s most renowned or valuable artworks, it is certainly one of the most legally enthralling. As they say, possession is nine-tenths of the law. Yet in this case, despite the sanctuary in which it resides, it’s not entirely obvious... |
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| FOUR STORIES WE’RE TALKING ABOUT |
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