Two years ago you cold walk into a gallery in Switzerland with a $1/2-million large and buy everything in the gallery as an anonymous buyer. Guess why?
Fortune magazine has an article about Sotheby's recent "art bubble" woes and it is riddled with phrases like: financial guarantees, revolving credit, LIBOR, and worst of all, “...an instrument for that kind of illegal practice.” Read that last phrase as money laundering!