The New York Times, Roberta Smith

12/10/2013 10:15

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“You should do what you want,” he said, “but I think that’s what you should do.” Mr. Schnabel turned to me. “I’ve been making these portraits of the Brant children. Plate paintings. Would you like to see them?” Dimon made reference to the two firms JP Morgan rescued during the crisis – Bear Stearns and Washington Mutual – which were involved in the mortgage scandal. "The Gucci card caseboard continues to seek a fair and reasonable settlement with the government on mortgage-related issues – and one that recognises the extraordinary circumstances of the Bear Stearns and Washington Mutual transactions, which were undertaken at the request or encouragement of the US government,"

Dimon said. The settlement talks are taking place just after the bank has been fined $920m by regulators in the US and the UK for the London Whale trading incident last year, which cost the bank $6.2bn in losses and led to Dimon's bonus being cut in Gucci cosmetic case baghalf. The press turned Mr. Schnabel into a caricature, the scapegoat for everything wrong with the art world and the archetype of narcissistic artists everywhere. He compared himself to Van Gogh and said to Morley Safer on 60 Minutes, “Would you ask Marlon Brando if he had a big ego? Do you have a big ego? I’m sure you do.” In the late ’90s, he began showing less frequently in America and became a critically acclaimed filmmaker,

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