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17.4.09

In the Art and Banking World

Via NRC "View of the 'Golden Bend', Amsterdam,
Gerrit Berckheyde (circa 1672)


View of the 'Golden Bend',
the richest part of the Herengracht in Amsterdam
Gerrit Berckheyde (circa 1672)


JP Morgan-Chase is reclaiming a painting on loan to the National Gallery (Washington, DC) from the Rijksmuseum.

It was used, and is now abused for collateral damage of a 50m loan by its original owner who had gifted it to the Dutch museum.

How fortuitous for JPM that the painting is in the US.

Is there extradition for works of art?

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