Money

One side of the debate focused on K Street, while the other focused on advertising.

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If you can believe all the hand-wringing and soul-searching these days among artists, art critics, and sundry other arts professionals, you’d imagine that nobody is really happy about the $142.4 million paid for a Francis Bacon triptych at Christie’s the other day—or the $58.4 million for a Jeff Koons at the same auction or the $104.5 million for a Warhol at Sotheby’s the following night.

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There's a $100 Million Bitcoin Heist Going Down Right Now

And you can watch in real time

Someone stole $100 million from bitcoin users, and now they're chasing the thief across the internet.

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Bitcoin's Bandwagon Has Never Been More Crowded

Even Ben Bernanke's on board. Don't fall for it.

Even Ben Bernanke's on board. Don't fall for it.

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According to Jed Perl's brutal 2009 assessment of Francis Bacon: Not very much. 

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Terry McAuliffe is, as usual, on the vanguard of fundraising trends in the Democratic Party. The unlikely candidate for (and likely winner of) Virginia’s governorship has, according to the New York Times, been showered with an “avalanche of money.” He’s raked in $34.4 million versus the Republican, Ken Cuccinelli’s, $19.7 million.

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The Amazon Guide to Tax-Dodging

And what to do when government catches up

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1. The crash is over—just like everywhere else.“The change was probably the same as what affected the rest of the economy,” says a publishing-house exec. “The acquisitions market now feels healthy.”

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When New York Times reporter Charles Duhigg was lining up publicity for his recent book on the science of self-help, one country, in particular, wanted him to visit: South Korea, where The Power of Habit sold 280,000 copies. This popularity might have something to do with South Korea’s rapid rise from mid-century decimation to the twelfth-largest economy in the world today. Nothing signals middle-class respectability quite so quickly as a well-lined bookshelf—all the better if those books invoke some idea of self-improvement and progress.

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What do you get for the man who has everything? A little more of it, apparently. Today, Mayor Michael Bloomberg will receive the Genesis Philanthropy Group’s inaugural Genesis Prize (so next year’s won’t be called the Exodus Prize) and the $1 million that comes with it.

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