About The Work
Composed of a painting and a parachute painted gold "Alchemy: Turning $#!+ into Gold" comments on the extreme compensation and in some instances large exit packages (golden parachute) many Wall Street CEOs received leading up to 2008 crash. The painting includes a gold $1-dollar coin next to the words "heads I win tails you lose". These elements point to the fact that executives were often handsomely rewarded whether their institutions were profitable or not. Many of these institutions were subsequently bailed out by the US taxpayer, i.e. us. The choice to use Warren Harding's image on the coin has several interpretations including an interesting anecdote from his life. Harding, who was president from 1920-23, paid off a personal poker debt by giving away White House china, property owned by the US taxpayer. Other elements of the piece include crossed out versions of the word "win" written in larger and larger font. This points to the never-ending pull of money and greed that played a major role in the crisis: no matter how great the win, even more was desired.
Acrylic on aluminium
36.00 x 36.00 in
91.4 x 91.4 cm
This work is signed by the artist on verso.
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About The Work
Composed of a painting and a parachute painted gold "Alchemy: Turning $#!+ into Gold" comments on the extreme compensation and in some instances large exit packages (golden parachute) many Wall Street CEOs received leading up to 2008 crash. The painting includes a gold $1-dollar coin next to the words "heads I win tails you lose". These elements point to the fact that executives were often handsomely rewarded whether their institutions were profitable or not. Many of these institutions were subsequently bailed out by the US taxpayer, i.e. us. The choice to use Warren Harding's image on the coin has several interpretations including an interesting anecdote from his life. Harding, who was president from 1920-23, paid off a personal poker debt by giving away White House china, property owned by the US taxpayer. Other elements of the piece include crossed out versions of the word "win" written in larger and larger font. This points to the never-ending pull of money and greed that played a major role in the crisis: no matter how great the win, even more was desired.
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