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Monday, July 01, 2002 |
The world was a rosier place this time last year, when no one could have ever imagined the events of Sept. 11 or the scandals at WorldCom, ImClone Systems, Tyco International and Xerox. Yet despite last week's stock market jitters and a general nervousness about the economy, the important annual auctions of Impressionist, modern and contemporary art here proved that the rich feel more confident putting their money in Picassos, Monets or Légers than they do in financial markets.
8:42:17 AM
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