refco photos just sold at a premium at Christies Auction House

excerpted from
from the NY post website


-Art experts were surprised at the fierce bidding for the high-profile photographs, which went on the block to help pay back cheated investors in Refco, who are owed $16.8 billion.-

-Before Refco collapsed Refco hung its 500-piece collection on office walls in New York and Chicago.-

So far, the photos have garnered $7.3 million, double what was expected. All 500 pieces, amassed during the '90s, cost the firm about $3.5 million.-
 
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