The NYC Art World Trudges Forward, Despite Major Setbacks. In Other News, Madoff's Invite Was Lost In Mail This Year.

by Rachelle Hruska · March 11, 2009

[Vera Lutter, James Hedges. Photos by NICK HUNT for PMc]

Despite this recession, the art world must trudge on just like the rest of us. And, this weekend's art fairs took over our city. Besides the SCOPE NYC Art Fair, Pulse had its annual Art Fair this weekend. But, the real place to check out was The Armory's show, over on Pier 92 & 94 on the west side, which the really private and exclusive art brunches and soirees revolved around. One such collectors brunch was held by art enthusiast James Hedges, of LJH Globale Investments, known as a pioneer within the hedge fund world, most recently in the news for being the first to send red flag warning signs to investers or those thinking of investing in Bernie Madoff [CNN Money] Take a look at the party that Bernie would have been roasted alive at....