Quote of the day

"Who benefits when 'No.5, 1948' changes hands and is shunted from Malibu to Martinez's fortified Manhattan eyrie? I'm not sure that we should all own the means of production, but I do think that art belongs to us all, not just to the rich men who consider it, like their planes or their wives, as a bauble".

Peter Conrad in the Observer on David Martinez's record-breaking $140m purchase of Jackson Pollock's 'No.5, 1948' from David Geffen.