WEBVTT - Dragon Psychology 101

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<v Speaker 1>Pushkin.

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<v Speaker 2>Starting today, if you don't live in New York State,

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<v Speaker 2>you're gonna have to pay a mandatory entrance fee to

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<v Speaker 2>visit the Metropolitan Museum.

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<v Speaker 3>Eyewitness News ABC seven, New York, March first, twenty eighteen.

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<v Speaker 2>The new policy was announced in January, but it took

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<v Speaker 2>effect today. Adults who do not have ID proving that

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<v Speaker 2>they live right here in New York have to pay

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<v Speaker 2>twenty five dollars. Seniors will pay seventeen dollars.

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<v Speaker 3>If I had to pinpoint the beginning of my obsession

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<v Speaker 3>with art museums, it would be the moment the Metropolitan Museum,

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<v Speaker 3>one of the greatest museums in the world, decided to

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<v Speaker 3>impose entrance fees. It was a difficult time for the institution.

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<v Speaker 3>They had a forty million dollar deficit. They got rid

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<v Speaker 3>of ninety employees, Exhibitions were canceled, there was a shakeup

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<v Speaker 3>in the leadership. Up and down the Upper East Side

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<v Speaker 3>of Manhattan, there was hand ringing and a great gnashing

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<v Speaker 3>of teeth. I remember one New York Times headline from

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<v Speaker 3>that time, is the met Museum a great institution in decline.

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<v Speaker 3>That was followed by one expression of anguish after another,

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<v Speaker 3>including this from the former chairman of the METS Drawings

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<v Speaker 3>and Print Department. To have inherited a museum as strong

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<v Speaker 3>as the MET was ten years ago, with a great

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<v Speaker 3>curatorial staff, and to have it be what it is

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<v Speaker 3>today is unimaginable. Well exactly because for the life of me,

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<v Speaker 3>I couldn't imagine how it was. The MET was crying poverty.

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<v Speaker 3>I mean, they have one of the largest and most

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<v Speaker 3>valuable art collections in the world one point five million objects.

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<v Speaker 3>What's all that art worth? I don't know, one hundred

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<v Speaker 3>billion dollars more. The MET might be the richest non

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<v Speaker 3>profit institution in human history. All they would have to

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<v Speaker 3>do is pick a couple things off the shelf and

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<v Speaker 3>then never see a deficit again. This is like Jeff

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<v Speaker 3>Bezos firing the gardener because he's out of cash. Just

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<v Speaker 3>go to the ATM, Jeff. But they couldn't do it.

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<v Speaker 3>They would rather fire people and make a family of

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<v Speaker 3>four cough up to one hundred dollars at the gate

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<v Speaker 3>than even think of parting with a single one of

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<v Speaker 3>their possessions. Why it's a puzzle, And it is for

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<v Speaker 3>puzzles like this that we have revisionist history. My name

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<v Speaker 3>is Malcolm Gladwell, you're listening to my podcast about Things

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<v Speaker 3>Overlooked and Misunderstood. This is our fifth season, five years

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<v Speaker 3>of digression, high dudgeon, needless provocation, and my absolute favorite

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<v Speaker 3>grand unified theories. In this season of Revision's History, I

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<v Speaker 3>want to explore or our emotional attachment to objects and

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<v Speaker 3>rituals and tradition and the way in which those attachments

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<v Speaker 3>betray us. And in this first episode, I would like

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<v Speaker 3>to make sense of the strange relationship of the art

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<v Speaker 3>world to art.

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<v Speaker 4>During his thirty one year tenure as director of the

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<v Speaker 4>Metropolitan Museum of Art, Philippe de Montebello, the mets eighth

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<v Speaker 4>and longest serving director, guided the acquisition of more than

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<v Speaker 4>eighty four thousand works of art.

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<v Speaker 3>I found this in a video series called Great Museums.

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<v Speaker 3>An episode from twenty ten, An Acquiring Mind, lots of

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<v Speaker 3>wide angle shots of marble floored galleries in guilt frame paintings.

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<v Speaker 3>NPR Susan Stamberg narrates over what sounds like an orchestra

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<v Speaker 3>right there on the set.

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<v Speaker 4>Born in France, educated at Harvard in nineteen sixty three,

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<v Speaker 4>de monte Bello brought a background in European page.

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<v Speaker 3>The film runs for an hour. It's about the most

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<v Speaker 3>famous director of the Met, Philippe de Montebello, descendant of

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<v Speaker 3>a noble French family. In particular, it's about how much

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<v Speaker 3>stuff Philippe de Montebello bought during his thirty one year

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<v Speaker 3>tenure as head of the Met. Tapestries, African sculptures, a

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<v Speaker 3>fabulous premiere, an evening gown that's to die for. He

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<v Speaker 3>even bought things he didn't want to buy.

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<v Speaker 2>Philippe has been an incredible director for supporting the acquisitions

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<v Speaker 2>of objects of great quality from across the globe.

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<v Speaker 3>It goes on and on about the acquiring, to the

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<v Speaker 3>point where you wonder, or at least I wondered, Wait,

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<v Speaker 3>I thought you didn't have any money.

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<v Speaker 4>Today, nearly two million objects, comprising an encyclopedic treasury of

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<v Speaker 4>world art are contained in the Met's growing color.

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<v Speaker 3>Apparently I was wrong in the numbers. Not one point

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<v Speaker 3>five million objects, two million objects. Let me give you

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<v Speaker 3>an example, maybe my favorite example of this weirdness in

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<v Speaker 3>the art world. It has to do with a public

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<v Speaker 3>hearing held in July of nineteen ninety one at the

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<v Speaker 3>Financial Accounting Standards Board Better known as the FASB. The

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<v Speaker 3>FASB is the Vatican of the American accounting profession, and

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<v Speaker 3>this was one of the occasional open sessions the FASB

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<v Speaker 3>holds in order to share with the broader American public

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<v Speaker 3>subjects of grave concern to the accounting universe. The venue

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<v Speaker 3>was the FASB's Norwalk, Connecticut headquarters. The subject accounting for

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<v Speaker 3>contributions received and contributions made, and capitalization of works of art,

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<v Speaker 3>historical treasures, and similar assets.

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<v Speaker 1>The room was packed.

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<v Speaker 3>They videotaped the proceedings so people could watch in the

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<v Speaker 3>overflow room. I've read a transcript of the hearing, all

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<v Speaker 3>nine hundred and forty seven pages of it, and I

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<v Speaker 3>would like to direct your attention to a particular exchange.

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<v Speaker 3>It was between the then chairman of the FASB, Dennis Beresford,

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<v Speaker 3>and a man named C. Douglas Dylan. Dylan was a

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<v Speaker 3>tall man, gray suit patrician a certain stature. He was

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<v Speaker 3>former director of Dylan Red and Co. The Wall Street

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<v Speaker 3>firm founded by his father, and was possessed of maybe

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<v Speaker 3>the greatest resume in mid century America. U S Treasury

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<v Speaker 3>Secretary for much of the nineteen sixties, Ambassador to France,

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<v Speaker 3>chair of the Brookings Foundation, President of the Harvard Board

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<v Speaker 3>of Overseers, a close friend of John Rockefeller the third,

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<v Speaker 3>a world class collector of Impressionist art, and, most relevant

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<v Speaker 3>for the purposes of the hearing that day, chairman of

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<v Speaker 3>the Metropolitan Museum of Art in New York City. The

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<v Speaker 3>American Establishment sent its biggest gun to confront the FASB

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<v Speaker 3>over the agency's proposal to change the rules surrounding the

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<v Speaker 3>accounting for contributions received and contributions made, and capitalization of

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<v Speaker 3>works of art, historical treasures, and similar assets. The accountants

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<v Speaker 3>wanted the art world to follow the same accounting rules

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<v Speaker 3>as other businesses. Dylan versus Dennis Beresford, chairman of the FASB,

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<v Speaker 3>member of the American Accounting Hall of Fame and the

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<v Speaker 3>Financial Executive's International Hall of Fame. Way back on day

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<v Speaker 3>one of the proceedings in question, Beresford had made a

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<v Speaker 3>plane that he wasn't going to stand for any nonsense.

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<v Speaker 1>So C.

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<v Speaker 3>Douglas Dillon was restrained in his objections. Gracious, I'm going

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<v Speaker 3>to guess this was his first visit to Norwalk, Connecticut.

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<v Speaker 3>The room must have been hushed right. I mean, it's C.

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<v Speaker 3>Douglas freaking Dylan. He does a little preamble careful explains

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<v Speaker 3>how outraged the MET is at the intrusion of accountants

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<v Speaker 3>into their business, launches into a vivid description of the

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<v Speaker 3>extraordinary size of the METS collection. And then, and this

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<v Speaker 3>is maybe my favorite part of the entire nine hundred

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<v Speaker 3>and forty seven page transcript, Dylan says, quote, we have

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<v Speaker 3>a new curator of Islamic art, been with us for

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<v Speaker 3>a couple years now. We have certainly the greatest collection

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<v Speaker 3>of Islamic rugs in the Western Hemisphere, one of the

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<v Speaker 3>two or three in the world. He has never been

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<v Speaker 3>able to even see that collection because so much of

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<v Speaker 3>it is in storage and is so difficult to get out,

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<v Speaker 3>so costly and time consuming. That he knows by the

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<v Speaker 3>records what they are, but he hasn't been able to

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<v Speaker 3>look at them. C. Douglas Dillon is speaking to an

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<v Speaker 3>audience of accountants. Accountants are people who like to count things.

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<v Speaker 3>More than that, they are people who believe, as a

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<v Speaker 3>matter of deep professional principle, that everything can be counted.

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<v Speaker 3>And they have proposed that the art world agreed to

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<v Speaker 3>start counting things like everyone else, and in response, this

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<v Speaker 3>pillar of the American establishment shows up in suburban Connecticut

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<v Speaker 3>and says, we can't count our things. There's just too

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<v Speaker 3>many of them. They're all buried somewhere in storage. To

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<v Speaker 3>give you an example, the guy who was responsible for

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<v Speaker 3>our Islamic rug collection, maybe the greatest Islamic rug collection

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<v Speaker 3>in the world. Mind you, has never even seen our

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<v Speaker 3>Islamic rug collection. I have to say, this is where

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<v Speaker 3>the art world loses me. So I called up the

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<v Speaker 3>staffer at the FSB who organized that hearing all those

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<v Speaker 3>long years ago. His name is Ron Bassio.

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<v Speaker 1>Just retired.

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<v Speaker 5>This is a good exercise for a seventy three year

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<v Speaker 5>old to test the memory to go back.

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<v Speaker 1>Yes, I'm very impressed.

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<v Speaker 3>Bossio returned to his old offices at FASB headquarters to

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<v Speaker 3>take my call so he would have access to the

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<v Speaker 3>critical documents. So I'm just going to pull up the

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<v Speaker 3>financial statements of the Metropolitan Museum and I want to

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<v Speaker 3>just want to very briefly walk through.

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<v Speaker 5>I was just wondering if they could be googled up

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<v Speaker 5>here as well.

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<v Speaker 3>Yeah, he's on his computer, I'm online. We're downloading the

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<v Speaker 3>Metropolitan Museum of Arts twenty nineteen annual report and locating

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<v Speaker 3>the crucial part the statements of financial position. Beginning on

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<v Speaker 3>page forty four, I have cash receivable for investments sold

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<v Speaker 3>retail inventories. These are all straightforward accounts receivable, straightforward contributions

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<v Speaker 3>receivable and makes the pledges. Financial statements for almost any

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<v Speaker 3>organization look pretty much the same. You start by listing

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<v Speaker 3>your assets, everything of value. Then you list your liabilities loans, mortgages,

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<v Speaker 3>pension obligations. Then you balance them. That's why it's called

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<v Speaker 3>a balance sheet. Bossio and I are going down the

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<v Speaker 3>list of the METS assets. Then there's investments, which I'm

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<v Speaker 3>assuming is the endowment three point se could.

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<v Speaker 5>Be endowment, or it could be just investments in total.

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<v Speaker 5>They may not all be part of the endowment.

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<v Speaker 3>Then I have fixed assets three hundred and ninety three million,

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<v Speaker 3>and then I have collections.

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<v Speaker 1>And I have nothing.

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<v Speaker 3>It's supposed to be a precise accounting of everything that

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<v Speaker 3>MET has of value, the amount the museum made last

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<v Speaker 3>year from selling stocks, the amount of cash it has

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<v Speaker 3>on hand, it's endowment, the amount is owed from various creditors,

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<v Speaker 3>the amount of god in gifts and donations, even the

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<v Speaker 3>value of the inventory in its gift shop, everything, and

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<v Speaker 3>they add it all up, and they come up with

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<v Speaker 3>a number total assets next to the line item entitled collections,

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<v Speaker 3>that is to say, the millions of unimaginably rare and

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<v Speaker 3>precious art objects owned by the museum. The eighteen van goes,

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<v Speaker 3>the forty six Picassos, the twenty Rembrandts. There is no

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<v Speaker 3>dollar figure, nothing, It's blank. All it says is see

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<v Speaker 3>note A. Okay, ah here it is note A in

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<v Speaker 3>the appendix. It says, in conformity with accounting policies generally

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<v Speaker 3>followed by art museums, the value of the museum's collections

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<v Speaker 3>has been excluded from the statement of financial position.

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<v Speaker 1>Excluded. This is a.

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<v Speaker 3>Multi billion dollar organization with yes, billions and billions of

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<v Speaker 3>dollars in art, and it's none of it is listed

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<v Speaker 3>on there in a financial statement. This seems I don't

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<v Speaker 3>even understand how that started.

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<v Speaker 5>Well, that was your reaction is similar to the reaction

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<v Speaker 5>that some of our board members had.

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<v Speaker 3>On top of that, it turns out that the met

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<v Speaker 3>would rather charge admission, cut exhibitions, and get rid of

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<v Speaker 3>ninety people than sell anything, even though they have so

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<v Speaker 3>many things like Islamic rugs that the guy running the

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<v Speaker 3>Islamic rug collection hasn't even seen any of his Islamic

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<v Speaker 3>rugs because they're all in storage somewhere. In fact, most

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<v Speaker 3>of the METS collection is in storage, huge football field

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<v Speaker 3>sized warehouses, presumably somewhere in New Jersey, full of stuff.

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<v Speaker 3>And when the FASB says, why don't you tell us,

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<v Speaker 3>like a normal institution, just how much your stuff is worth?

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<v Speaker 1>Because I don't know.

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<v Speaker 3>Maybe it would be easier to think rationally about how

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<v Speaker 3>to run things if you knew that fact, the MET

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<v Speaker 3>goes crazy, dispatches c Douglas Dillon to Norwalk, Connecticut to

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<v Speaker 3>say never, not on my watch. We've never done that

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<v Speaker 3>and we never will.

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<v Speaker 6>Yeah, this is unlike any other business. You're supposed to

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<v Speaker 6>carry assets at either book or market value, and you're

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<v Speaker 6>supposed to put them in your financial reports, and they don't.

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<v Speaker 3>This is Michael O'Hare, who teaches in the Business School

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<v Speaker 3>of Berkeley. If you ask anyone, anyone who knows the

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<v Speaker 3>way around a bounce sheet about the way museums record

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<v Speaker 3>their assets, you get the Michael O'Hare response.

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<v Speaker 6>I was talking about this at some conference in somebody

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<v Speaker 6>from an orchestra. Some financial person from an orchestra said,

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<v Speaker 6>wait a minute, you mean you buy a painting and

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<v Speaker 6>then it just disappears. And that's what happens. There's an

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<v Speaker 6>expense and then that's the last we hear about it

0:14:51.796 --> 0:14:52.756
<v Speaker 6>in the financial records.

0:14:52.796 --> 0:14:54.436
<v Speaker 7>It's quite quite bizarre.

0:14:54.916 --> 0:14:57.596
<v Speaker 3>For the longest time, I would bore everyone I met

0:14:57.636 --> 0:15:00.836
<v Speaker 3>with how strange I found all this until one day

0:15:01.236 --> 0:15:04.116
<v Speaker 3>I was in Holland on my book tour. In Leiden,

0:15:04.556 --> 0:15:06.516
<v Speaker 3>out with a bunch of people in a bar, and

0:15:06.556 --> 0:15:08.836
<v Speaker 3>I told the group the story of the epic showdown

0:15:08.836 --> 0:15:13.196
<v Speaker 3>between Dennis Beresford and C. Douglas Dillon, and this one guy,

0:15:13.276 --> 0:15:19.076
<v Speaker 3>a philosopher, said, Oh, it's like Smog. Smog, the dragon

0:15:19.116 --> 0:15:21.396
<v Speaker 3>from the Hobbit who sits on a mountain of treasure.

0:15:22.476 --> 0:15:25.716
<v Speaker 3>Smog doesn't want to use his gold, he doesn't wear

0:15:25.756 --> 0:15:28.676
<v Speaker 3>it out to dragons social events. He does not list

0:15:28.716 --> 0:15:32.476
<v Speaker 3>his holdings on his annual dragon financial statement. He just

0:15:32.516 --> 0:15:39.356
<v Speaker 3>wants to hoard it. And I'm like, oh, my god, Smog, Yes,

0:15:40.036 --> 0:15:42.236
<v Speaker 3>that explains everything.

0:15:44.036 --> 0:15:46.956
<v Speaker 8>There was an old dragon and a gray stone. His

0:15:47.036 --> 0:15:50.956
<v Speaker 8>red eyes blinked as he lay alone. His joy was dead,

0:15:51.076 --> 0:15:53.756
<v Speaker 8>and his youth spent. He was knobbed and wrinkled, and

0:15:53.796 --> 0:15:56.756
<v Speaker 8>his limbs bent in the long years to his gold chain,

0:15:57.876 --> 0:16:00.036
<v Speaker 8>his heart's furnished the fired Wayne.

0:16:02.236 --> 0:16:08.236
<v Speaker 3>This is J. R. R. Tolkien reading his poem The Horde.

0:16:07.116 --> 0:16:11.116
<v Speaker 8>To his belly slime gem stuck silver and gold with

0:16:11.276 --> 0:16:11.836
<v Speaker 8>snuff and.

0:16:11.836 --> 0:16:18.236
<v Speaker 3>Lick to his belly's slime gems stuck thick. That's what

0:16:18.276 --> 0:16:20.756
<v Speaker 3>happens when a dragon sits on his treasure for too long,

0:16:23.156 --> 0:16:25.636
<v Speaker 3>and the stuff that couldn't fit under his belly the

0:16:25.716 --> 0:16:46.276
<v Speaker 3>dragon has buried deep inside his lair in storage. Following

0:16:46.316 --> 0:16:49.396
<v Speaker 3>that epiphany in the bar in Leiden, I resolved to

0:16:49.436 --> 0:16:53.076
<v Speaker 3>perform a field test of the hypothesis that art museums

0:16:53.116 --> 0:16:57.716
<v Speaker 3>are modern day versions of the dragon's smog. This was

0:16:57.916 --> 0:17:00.116
<v Speaker 3>a few months back. I was going to be in

0:17:00.156 --> 0:17:03.316
<v Speaker 3>Pittsburgh for another reason anyway, so I decided to pay

0:17:03.316 --> 0:17:07.356
<v Speaker 3>a visit to the Andy Warhol Museum, the largest museum

0:17:07.436 --> 0:17:11.556
<v Speaker 3>devoted to a single artist in North America. So I

0:17:11.556 --> 0:17:14.836
<v Speaker 3>made an appointment with the museum's curator of art, Jessica Beck,

0:17:15.396 --> 0:17:17.836
<v Speaker 3>and on a bright and cold morning in Pittsburgh, I

0:17:17.916 --> 0:17:20.636
<v Speaker 3>headed out to the city's North Shore neighborhood to the

0:17:20.676 --> 0:17:24.756
<v Speaker 3>beautiful old warehouse that holds the museum. I told Beck

0:17:25.076 --> 0:17:27.556
<v Speaker 3>I didn't want to see just the collection, the art

0:17:27.636 --> 0:17:31.316
<v Speaker 3>on the walls. I wanted to see everything. So Beck

0:17:31.396 --> 0:17:35.476
<v Speaker 3>graciously took me upstairs to the archives. Were just off

0:17:35.516 --> 0:17:39.796
<v Speaker 3>the staircase. There were dozens of brown cardboard boxes stacked

0:17:39.796 --> 0:17:40.636
<v Speaker 3>in neat piles.

0:17:41.836 --> 0:17:44.316
<v Speaker 1>Oh I see. Oh they're like.

0:17:44.796 --> 0:17:52.076
<v Speaker 9>They're covered in plastic and you know, kept behind glass. Yeah,

0:17:52.116 --> 0:17:54.076
<v Speaker 9>so this again is just a portion of on my

0:17:54.316 --> 0:17:54.796
<v Speaker 9>whole mother.

0:17:55.396 --> 0:17:56.836
<v Speaker 1>Yeah, wait, how many are here?

0:17:57.076 --> 0:18:03.956
<v Speaker 3>See the cardboard boxes? How's what Warhol called his time capsules.

0:18:04.156 --> 0:18:06.676
<v Speaker 3>There are six hundred and ten of them in total.

0:18:07.236 --> 0:18:09.996
<v Speaker 3>He would put things in these cardboard boxes boxes, tape

0:18:09.996 --> 0:18:13.356
<v Speaker 3>them shut, and set them aside. But he also had

0:18:13.396 --> 0:18:17.516
<v Speaker 3>other boxes, idea boxes what are called basement boxes. After

0:18:17.556 --> 0:18:20.956
<v Speaker 3>Warhol died, everything was shipped to Pittsburgh in an armada

0:18:20.956 --> 0:18:24.396
<v Speaker 3>of tractor trailers. The museum's best guess is that in

0:18:24.476 --> 0:18:28.236
<v Speaker 3>their archive they have at least five hundred thousand objects.

0:18:29.276 --> 0:18:31.276
<v Speaker 3>And so all the other boxes are behind our door.

0:18:31.596 --> 0:18:34.076
<v Speaker 10>Yeah, the rest of them are back there.

0:18:34.156 --> 0:18:37.956
<v Speaker 1>Yeah, but it's not something I can see that I'm not.

0:18:37.996 --> 0:18:40.916
<v Speaker 11>Sure, and I can ask, we can find out because

0:18:40.916 --> 0:18:41.636
<v Speaker 11>I wasn't sure.

0:18:42.916 --> 0:18:46.276
<v Speaker 3>We found one of Warhol's time capsules that had been opened.

0:18:46.876 --> 0:18:49.756
<v Speaker 3>It was on the counter like a patient etherized upon

0:18:49.796 --> 0:18:51.876
<v Speaker 3>a table. We peered inside.

0:18:52.356 --> 0:18:55.716
<v Speaker 11>So this is his fifty suit, oh, nineteen fifty six,

0:18:55.916 --> 0:18:59.676
<v Speaker 11>Hong Kong, so his first trip to Asia. A lot

0:18:59.756 --> 0:19:01.556
<v Speaker 11>of them are closed right now because we're sort of

0:19:01.676 --> 0:19:05.396
<v Speaker 11>trying to figure out how to keep the objects from shifting.

0:19:06.996 --> 0:19:09.916
<v Speaker 3>I was suddenly curious. I wanted to see inside one

0:19:09.956 --> 0:19:12.956
<v Speaker 3>of the clothes boxes. Beck said she didn't have the

0:19:13.036 --> 0:19:15.756
<v Speaker 3>authority to open one up, but she made a few calls.

0:19:16.036 --> 0:19:17.396
<v Speaker 3>Finally she found someone.

0:19:17.596 --> 0:19:21.156
<v Speaker 1>Oh, okay, we have some Okay, that's take a look.

0:19:23.116 --> 0:19:25.756
<v Speaker 3>Another of the museum's staff hurried towards us.

0:19:26.156 --> 0:19:28.116
<v Speaker 11>This is John Malcome.

0:19:29.236 --> 0:19:31.676
<v Speaker 9>Yeah, so we're just gonna peek into one, just to

0:19:31.676 --> 0:19:32.396
<v Speaker 9>get a sense of what.

0:19:34.876 --> 0:19:35.716
<v Speaker 12>I was expressing.

0:19:35.796 --> 0:19:38.316
<v Speaker 11>You know that a lot of things are unfolders.

0:19:37.756 --> 0:19:37.916
<v Speaker 8>But.

0:19:39.756 --> 0:19:42.476
<v Speaker 13>So theyre's they're heavy. Yeah, they're you know, like weigh

0:19:42.556 --> 0:19:44.476
<v Speaker 13>forty or fifty pounds in some cases.

0:19:45.796 --> 0:19:48.636
<v Speaker 3>John positioned himself in front of the box and began

0:19:48.796 --> 0:19:53.236
<v Speaker 3>opening it up. His movements were assured, practiced.

0:19:54.716 --> 0:19:57.756
<v Speaker 13>So, yeah, we treat the box itself like it's part

0:19:57.796 --> 0:20:00.916
<v Speaker 13>of an object, so that's why I wear the gloves.

0:20:01.596 --> 0:20:05.356
<v Speaker 13>So these would have been boxes that Andy would have

0:20:05.436 --> 0:20:10.156
<v Speaker 13>this assistant store things in. We've taken the time to

0:20:10.516 --> 0:20:15.436
<v Speaker 13>align the boxes with this folder type material so that

0:20:15.516 --> 0:20:19.596
<v Speaker 13>the objects in the box do not touch the acidic

0:20:19.636 --> 0:20:24.076
<v Speaker 13>cardboard of the original box, and they're kind of packaged.

0:20:24.236 --> 0:20:27.396
<v Speaker 13>Very objects in here packaged in it's sort of a

0:20:27.436 --> 0:20:33.876
<v Speaker 13>Tetris kind of way with folders that are marked in catalog.

0:20:34.996 --> 0:20:37.436
<v Speaker 1>So in its original form, this stuff would have been.

0:20:39.596 --> 0:20:41.116
<v Speaker 13>Just crammed in it.

0:20:41.276 --> 0:20:43.236
<v Speaker 3>I wasn't sure what I was expecting to see in

0:20:43.276 --> 0:20:50.036
<v Speaker 3>the box. Drawings, notes, makeshift sculptures, old canvases, the working

0:20:50.076 --> 0:20:50.956
<v Speaker 3>life of an artist.

0:20:52.076 --> 0:20:54.716
<v Speaker 13>So this is a pretty cool one. A lenticular of

0:20:54.876 --> 0:20:56.516
<v Speaker 13>the daisies.

0:20:57.796 --> 0:20:59.876
<v Speaker 3>Did he make that or is that just something you bought?

0:21:00.876 --> 0:21:02.076
<v Speaker 1>That was probably something he bought.

0:21:02.836 --> 0:21:05.076
<v Speaker 13>At best, he would have commissioned to be made. And

0:21:05.196 --> 0:21:07.036
<v Speaker 13>I think this was something that was purchased and then

0:21:07.396 --> 0:21:09.916
<v Speaker 13>used as an inspiration for us later work. And you

0:21:09.956 --> 0:21:11.956
<v Speaker 13>can smell it, right, do you do you smell? That's

0:21:12.196 --> 0:21:14.236
<v Speaker 13>that's the object itself off gassing.

0:21:16.716 --> 0:21:19.956
<v Speaker 3>The lenticular is one of those pieces of cardboard with

0:21:19.996 --> 0:21:22.356
<v Speaker 3>an image on it that's printed in such a way

0:21:22.396 --> 0:21:25.076
<v Speaker 3>that it looks like it has three dimensions. They're big

0:21:25.116 --> 0:21:27.796
<v Speaker 3>with children. This one had flowers on it.

0:21:28.556 --> 0:21:32.276
<v Speaker 13>Sometimes we find like notes like well the Andy's intent,

0:21:32.436 --> 0:21:37.116
<v Speaker 13>like why he was collecting this along with the objects that,

0:21:37.556 --> 0:21:39.596
<v Speaker 13>you know what we consider sort of source material.

0:21:40.836 --> 0:21:43.916
<v Speaker 1>Yeah, so he's got like six enticulars in that.

0:21:44.116 --> 0:21:46.236
<v Speaker 13>Yep, in that top folder.

0:21:47.396 --> 0:21:51.476
<v Speaker 3>Along with John continued digging deeper, deeper into the same box.

0:21:52.476 --> 0:21:55.196
<v Speaker 3>We found an old movie scrapboard that once belonged to

0:21:55.236 --> 0:21:57.996
<v Speaker 3>a fan somewhere, a bunch of eight by ten glossies

0:21:57.996 --> 0:22:01.636
<v Speaker 3>of movie stars Clark Gable, Bing Crosby, the seal Ball.

0:22:02.836 --> 0:22:04.036
<v Speaker 13>Do you want to go one more folder?

0:22:05.196 --> 0:22:07.396
<v Speaker 1>Yeah, let's do. We'll do one last, one last folder.

0:22:07.436 --> 0:22:07.956
<v Speaker 1>It'll be cool.

0:22:08.436 --> 0:22:10.156
<v Speaker 3>So here as we looked at a piece of what

0:22:10.276 --> 0:22:13.436
<v Speaker 3>seemed like junk mail an invite to an art opening.

0:22:14.796 --> 0:22:16.316
<v Speaker 13>So we even keep the paper clips.

0:22:17.116 --> 0:22:17.956
<v Speaker 3>I see.

0:22:18.956 --> 0:22:24.316
<v Speaker 1>Yeah, it's quite particulous. Yeah, everything is got, it's still

0:22:24.396 --> 0:22:29.676
<v Speaker 1>are John started whispering.

0:22:30.356 --> 0:22:31.436
<v Speaker 3>It seemed appropriate.

0:22:32.516 --> 0:22:34.876
<v Speaker 1>We were deep in the dragon's lair.

0:22:40.556 --> 0:22:43.676
<v Speaker 3>Now, why are Andy Warhol's time capsules full of junk?

0:22:44.516 --> 0:22:45.796
<v Speaker 3>Because he collected junk?

0:22:46.196 --> 0:22:49.156
<v Speaker 12>Well, if you wanted to meet Andy Warhol, all you

0:22:49.236 --> 0:22:51.596
<v Speaker 12>had to do in the eighties was go to the

0:22:51.636 --> 0:22:55.636
<v Speaker 12>flea market, the sixth Avenue flea Market.

0:22:56.076 --> 0:22:59.716
<v Speaker 3>I'm in New York talking with Simon Dunan writer fashionista.

0:23:00.236 --> 0:23:03.756
<v Speaker 12>In fact, I just would searched flea market in the

0:23:03.796 --> 0:23:07.036
<v Speaker 12>Warhol diaries, and it comes up about twelve times, because

0:23:07.036 --> 0:23:11.596
<v Speaker 12>he's always going to coming from blah blah blah.

0:23:11.876 --> 0:23:13.916
<v Speaker 3>I've known Simon ever since he wrote a book called

0:23:13.956 --> 0:23:17.996
<v Speaker 3>Eccentric Glamour years ago, which included chapters on Simone de

0:23:18.036 --> 0:23:23.596
<v Speaker 3>Beauvoir till the Swinton, the Supermodel, Immon, and Me, which

0:23:23.636 --> 0:23:28.236
<v Speaker 3>remains the most preposterously inaccurate but nonetheless deeply flattering thing

0:23:28.356 --> 0:23:30.316
<v Speaker 3>anyone has ever written about me.

0:23:31.276 --> 0:23:34.316
<v Speaker 1>I love Simon Douna. Anyway.

0:23:34.596 --> 0:23:37.836
<v Speaker 3>Back in the day, Simon knew Andy Warhol and the

0:23:37.876 --> 0:23:39.396
<v Speaker 3>flea market where he hung out.

0:23:39.676 --> 0:23:44.596
<v Speaker 12>It was a protean fleamark. He kept growing, expanding, retreating

0:23:45.036 --> 0:23:48.036
<v Speaker 12>anytime there was a new law available. The flea market

0:23:48.236 --> 0:23:52.876
<v Speaker 12>expanded and it was a significant social scene. Like I

0:23:52.916 --> 0:23:57.196
<v Speaker 12>remember seeing Katherine Deneuve there and it was just a

0:23:57.276 --> 0:23:59.396
<v Speaker 12>place that you went if you were in New York.

0:23:59.676 --> 0:24:02.956
<v Speaker 12>It was a way of you know, checking everybody out,

0:24:03.276 --> 0:24:04.436
<v Speaker 12>meeting your friends.

0:24:05.236 --> 0:24:09.236
<v Speaker 3>We were in Simon's apartment and impossibly sheep worn of rooms.

0:24:09.716 --> 0:24:11.796
<v Speaker 12>I could walk you around and show you many things

0:24:11.796 --> 0:24:15.796
<v Speaker 12>that Jonathan and I or I myself bought at the

0:24:15.996 --> 0:24:19.156
<v Speaker 12>six seven and flea market. That bust of Michael Jackson,

0:24:19.196 --> 0:24:22.716
<v Speaker 12>which people think is that Jeff Coons was ten bucks

0:24:23.316 --> 0:24:24.036
<v Speaker 12>at the flea.

0:24:23.876 --> 0:24:29.636
<v Speaker 3>Market, Po, Jeff good Have you told Jeff Goods? Simon

0:24:29.676 --> 0:24:33.476
<v Speaker 3>didn't found treasure at the flea market. Everyone did, but

0:24:33.556 --> 0:24:36.396
<v Speaker 3>Warhol treated his treasure a little differently.

0:24:36.756 --> 0:24:41.996
<v Speaker 12>When Andy Warhol died, it emerged that he had not

0:24:42.196 --> 0:24:44.596
<v Speaker 12>unpacked most of this stuff that he'd got at the

0:24:44.676 --> 0:24:48.076
<v Speaker 12>flea market. There were these stories, I think in Vanity

0:24:48.196 --> 0:24:51.836
<v Speaker 12>Fair about his house packed with shopping bags that he'd

0:24:51.876 --> 0:24:55.196
<v Speaker 12>gotten at the flea market. When he bought his Russell

0:24:55.276 --> 0:25:00.356
<v Speaker 12>Right china, he collected. He collected those cookie jars famously.

0:25:00.836 --> 0:25:05.036
<v Speaker 12>He would buy those toysher chocolates. He was obsessed with them,

0:25:05.076 --> 0:25:07.876
<v Speaker 12>but he would chew them and spit them out, you know,

0:25:07.876 --> 0:25:12.876
<v Speaker 12>because he was was very concerned about keeping his trim

0:25:12.916 --> 0:25:17.036
<v Speaker 12>little figure. So the idea that he collected these big,

0:25:17.156 --> 0:25:20.996
<v Speaker 12>sort of rotund cookie jars to be stuffed with cookies.

0:25:21.236 --> 0:25:24.196
<v Speaker 12>It's kind of hilarious because he was sort of, you know,

0:25:24.396 --> 0:25:28.036
<v Speaker 12>always very conscious of his figure.

0:25:29.236 --> 0:25:33.676
<v Speaker 3>Andy Warhol was a hoarder, all the classic symptoms. Simon

0:25:33.756 --> 0:25:36.516
<v Speaker 3>didn't used to head up the window dressing department at Barney's,

0:25:36.756 --> 0:25:39.276
<v Speaker 3>and he famously did an homage to Whirl after his

0:25:39.356 --> 0:25:42.236
<v Speaker 3>death entitled The Compulsive Collector.

0:25:42.636 --> 0:25:46.156
<v Speaker 12>We took the mannequin, dressed him in jeans, the blue blazer,

0:25:46.756 --> 0:25:49.516
<v Speaker 12>turtle neck, and then I just went and bought one

0:25:49.556 --> 0:25:52.876
<v Speaker 12>of those tacky Warhol wigs that you could get at

0:25:52.916 --> 0:25:56.796
<v Speaker 12>the Halloween store, put the glasses on him, and instantly

0:25:56.836 --> 0:26:01.236
<v Speaker 12>it became Andy, to the point where Pat Hackett, who

0:26:01.276 --> 0:26:05.676
<v Speaker 12>wrote the Warhol Diaries, was sort of you know, skipping

0:26:05.756 --> 0:26:09.996
<v Speaker 12>down Seventh Avenue and screeched to a she banged on

0:26:10.036 --> 0:26:12.196
<v Speaker 12>the winter. She said to me, I really had a

0:26:12.236 --> 0:26:14.916
<v Speaker 12>heart attack. I thought Andy'd come back from the dead.

0:26:16.396 --> 0:26:17.636
<v Speaker 12>I can show you the window.

0:26:18.796 --> 0:26:21.396
<v Speaker 3>Simon brought out a book filled with pictures of his

0:26:21.516 --> 0:26:22.596
<v Speaker 3>most famous windows.

0:26:22.876 --> 0:26:25.276
<v Speaker 1>Oh, this is fantastic, This is fantastic.

0:26:25.316 --> 0:26:26.916
<v Speaker 12>You can see it looks just like it.

0:26:26.956 --> 0:26:29.996
<v Speaker 3>Just like him, And all around the mannequin was stuff

0:26:30.836 --> 0:26:33.356
<v Speaker 3>the exact same kind of stuff that later found its

0:26:33.356 --> 0:26:39.116
<v Speaker 3>way into the boxes at the Warhol Museum. The definition

0:26:39.156 --> 0:26:43.596
<v Speaker 3>of a collector is someone who collects objects discriminately, someone

0:26:43.636 --> 0:26:47.756
<v Speaker 3>who selects and chooses. But as Simon so nicely put it,

0:26:48.236 --> 0:26:53.916
<v Speaker 3>Andy Warhol was a compulsive collector. His collecting was indiscriminate.

0:26:54.876 --> 0:26:58.276
<v Speaker 3>And what happens when he dies and his indiscriminate collection

0:26:58.676 --> 0:27:02.116
<v Speaker 3>passes into the hands of a museum. They don't edit

0:27:02.156 --> 0:27:05.876
<v Speaker 3>it or streamline it. They keep it exactly as it was,

0:27:06.436 --> 0:27:11.316
<v Speaker 3>hidden away behind locked doors. The Warhol Museum is an

0:27:11.356 --> 0:27:14.476
<v Speaker 3>indiscriminate collection of an indiscriminate collection.

0:27:15.236 --> 0:27:17.076
<v Speaker 10>The special thing about it, I think is that it

0:27:17.116 --> 0:27:20.516
<v Speaker 10>feels like it could be detritus in any other situation, right,

0:27:20.596 --> 0:27:25.676
<v Speaker 10>like remains of a day. Like there's, you know, the

0:27:25.716 --> 0:27:29.156
<v Speaker 10>flight kit you would get on a first class international flight,

0:27:29.316 --> 0:27:33.036
<v Speaker 10>like the slippers, the vomit bag, the silverware from that

0:27:33.116 --> 0:27:35.516
<v Speaker 10>international flight, like in one of the time capsules. So

0:27:35.916 --> 0:27:40.316
<v Speaker 10>it's this like sense of Warhol when you're with the material.

0:27:40.316 --> 0:27:43.796
<v Speaker 10>But then again it's not, you know, I mean, we

0:27:43.836 --> 0:27:48.556
<v Speaker 10>even have the box after he died at the hospital

0:27:48.556 --> 0:27:51.396
<v Speaker 10>of his clothing and his final effects that were left

0:27:51.436 --> 0:27:54.276
<v Speaker 10>at the hospital. We have that box preserved as it

0:27:54.396 --> 0:27:57.996
<v Speaker 10>was picked up from the hospital, so it had his

0:27:58.156 --> 0:28:01.676
<v Speaker 10>jacket in it that he wore to the hospital for

0:28:01.796 --> 0:28:05.436
<v Speaker 10>that final visit. The backpack exactly how it was packed,

0:28:05.676 --> 0:28:08.956
<v Speaker 10>so it has like all of his classes and the

0:28:09.116 --> 0:28:11.796
<v Speaker 10>business card for his doctor in the front pocket.

0:28:13.436 --> 0:28:16.036
<v Speaker 3>Now, I don't mean to pick on the Warhol Museum.

0:28:16.516 --> 0:28:20.156
<v Speaker 3>This is what all art museums do. During his tenure

0:28:20.196 --> 0:28:25.116
<v Speaker 3>running the met, Philippe de Montebello acquired eighty four thousand objects,

0:28:25.716 --> 0:28:29.036
<v Speaker 3>the overwhelming majority of which were packed away in boxes

0:28:29.276 --> 0:28:31.876
<v Speaker 3>and sent to storage in New Jersey, never to be

0:28:31.916 --> 0:28:36.476
<v Speaker 3>seen again. That's not any different from the mountain of

0:28:36.516 --> 0:28:49.356
<v Speaker 3>detritus in cardboard boxes upstairs at the Warhol Museum. Somewhere

0:28:49.396 --> 0:28:52.516
<v Speaker 3>in the United States, there are twin brothers. I don't

0:28:52.516 --> 0:28:55.116
<v Speaker 3>know precisely where they live, but in a big city.

0:28:55.196 --> 0:28:57.636
<v Speaker 3>Can you just describe them. They're not married.

0:28:57.676 --> 0:28:58.876
<v Speaker 7>I take it they're not married.

0:28:59.436 --> 0:29:02.436
<v Speaker 3>The psychologist Randy Frost, who worked closely with them for

0:29:02.516 --> 0:29:06.796
<v Speaker 3>some time, refers to them as Alvin and Jerry, both pseudonyms.

0:29:07.196 --> 0:29:11.556
<v Speaker 3>Born into a wealthy family, childhood prodigies, rumpled suits and

0:29:11.636 --> 0:29:12.236
<v Speaker 3>bow ties.

0:29:12.636 --> 0:29:16.676
<v Speaker 7>These are two people I really liked intensely.

0:29:17.836 --> 0:29:22.036
<v Speaker 3>The brothers lived in adjoining identical penthouse apartments in a hotel,

0:29:22.756 --> 0:29:25.596
<v Speaker 3>each with an eight hundred square foot great room with

0:29:25.716 --> 0:29:29.596
<v Speaker 3>double height ceilings, and each brother had filled his great

0:29:29.636 --> 0:29:33.916
<v Speaker 3>room with things. I'm quoting now from Frost's account of

0:29:33.956 --> 0:29:36.996
<v Speaker 3>the case from a book he co authored called Stuff.

0:29:38.196 --> 0:29:41.316
<v Speaker 3>Every square foot of the great room and dining room

0:29:41.676 --> 0:29:45.396
<v Speaker 3>was packed with works of art and period furniture, eighteenth

0:29:45.436 --> 0:29:50.196
<v Speaker 3>and nineteenth century paintings, sculptures, bus antiques, lamps, jewelry, and more.

0:29:52.116 --> 0:29:54.996
<v Speaker 3>They had no pathways between all of their stuff. You

0:29:55.076 --> 0:29:57.716
<v Speaker 3>stepped over things as you walked. Some of the piles

0:29:57.756 --> 0:30:00.436
<v Speaker 3>were six feet high. On top of the art were

0:30:00.476 --> 0:30:05.116
<v Speaker 3>clothes everywhere, and papers, business cards, bits of junk.

0:30:06.996 --> 0:30:10.956
<v Speaker 7>They were lovely, They were intense in what they did.

0:30:10.516 --> 0:30:16.116
<v Speaker 7>They had this kind of bond as twins, but tension

0:30:16.156 --> 0:30:22.236
<v Speaker 7>at the same time. Fascinating, fascinating characters and really very

0:30:22.236 --> 0:30:25.916
<v Speaker 7>interested in this phenomenon for themselves.

0:30:26.876 --> 0:30:31.636
<v Speaker 3>This phenomenon meaning hoarding. Frost began to study hoarding behaviors

0:30:31.876 --> 0:30:34.156
<v Speaker 3>with the assumption that they sprang from the same place

0:30:34.276 --> 0:30:38.516
<v Speaker 3>as obsessive compulsive disorders. But the more he worked with hoarders,

0:30:38.836 --> 0:30:43.316
<v Speaker 3>the more he became convinced that description didn't fit. OCD.

0:30:43.476 --> 0:30:47.316
<v Speaker 3>Behavior is about the catastrophic reaction to an intrusive thought,

0:30:48.236 --> 0:30:53.716
<v Speaker 3>and those intrusive thoughts are negative danger, threat, contamination. But

0:30:53.836 --> 0:30:56.836
<v Speaker 3>so much of hoarding appeared to be the opposite. It

0:30:56.876 --> 0:31:01.396
<v Speaker 3>appeared to be about pleasure. One of the brothers, Alvin,

0:31:01.716 --> 0:31:04.036
<v Speaker 3>would come home for lunch nearly every day, just to

0:31:04.076 --> 0:31:07.876
<v Speaker 3>be among his things, not to organize, but to enjoy.

0:31:08.636 --> 0:31:10.716
<v Speaker 3>Frost would go with him on some of those visits,

0:31:10.996 --> 0:31:15.036
<v Speaker 3>and Alvin would walk through the chaos, pick up random objects,

0:31:15.316 --> 0:31:18.156
<v Speaker 3>and describe the story behind each one of his treasures.

0:31:18.956 --> 0:31:22.276
<v Speaker 3>Look at this doctor. His voice rose with excitement as

0:31:22.316 --> 0:31:25.236
<v Speaker 3>he found a ring. The ring he thought was from

0:31:25.276 --> 0:31:29.156
<v Speaker 3>western India. It was huge, almost the size of a walnut.

0:31:29.556 --> 0:31:32.316
<v Speaker 3>To savely scene in the book when you're walking through

0:31:32.356 --> 0:31:36.396
<v Speaker 3>Alvin's apartment with him and he's picking up objects, yea,

0:31:36.596 --> 0:31:40.196
<v Speaker 3>but many of those objects have genuine value.

0:31:40.756 --> 0:31:42.636
<v Speaker 14>Many of them did, some of them didn't, some of

0:31:42.716 --> 0:31:45.156
<v Speaker 14>them didn't. And it reminded me a little bit of

0:31:45.876 --> 0:31:50.516
<v Speaker 14>Andy Warhol, because he collected things in this way, and

0:31:50.796 --> 0:31:54.276
<v Speaker 14>things with immense value and things of no value, and

0:31:54.356 --> 0:31:57.236
<v Speaker 14>put them all into these treasure chests.

0:31:57.476 --> 0:31:58.196
<v Speaker 7>Yeah, yeah.

0:31:58.996 --> 0:32:02.116
<v Speaker 3>Was Alvin aware He must have been aware intellectually of

0:32:02.436 --> 0:32:06.236
<v Speaker 3>what was marketplace valuable and what was Yes, it just

0:32:06.316 --> 0:32:08.116
<v Speaker 3>that it was all a value tea.

0:32:08.356 --> 0:32:10.876
<v Speaker 7>It was all value to him, yeah yeah.

0:32:10.876 --> 0:32:14.476
<v Speaker 3>And he had no desire. He didn't want to show

0:32:14.516 --> 0:32:19.116
<v Speaker 3>off his treasures in anything. Frost says that the impulse

0:32:19.156 --> 0:32:21.276
<v Speaker 3>to Hoarde has three motivations.

0:32:21.716 --> 0:32:24.596
<v Speaker 14>One is instrumental, that is, I might need it someday.

0:32:24.956 --> 0:32:28.876
<v Speaker 14>The other is emotional, that is, this emotional connection with

0:32:28.916 --> 0:32:30.996
<v Speaker 14>another person or of ant or something. And the third

0:32:31.076 --> 0:32:35.396
<v Speaker 14>is esthetic, this idea of the beauty of the physical world.

0:32:35.956 --> 0:32:39.916
<v Speaker 3>The second of those ideas, the emotional one, Frost describes

0:32:39.996 --> 0:32:43.236
<v Speaker 3>as the proost effect from the famous passage in Prousse's

0:32:43.276 --> 0:32:44.636
<v Speaker 3>Remembrance of Things Past.

0:32:45.156 --> 0:32:48.876
<v Speaker 14>He's eating this cookie and all of a sudden, it

0:32:48.956 --> 0:32:51.716
<v Speaker 14>brings him back to his childhood when his aunt used

0:32:51.756 --> 0:32:53.796
<v Speaker 14>to make these cookies for him, and he remembers the

0:32:53.836 --> 0:32:56.956
<v Speaker 14>way it felt a little bit like the phenomena is

0:32:57.396 --> 0:32:58.356
<v Speaker 14>like hearing a song.

0:32:58.196 --> 0:33:02.076
<v Speaker 7>From your childhood. What started to dawn on me was

0:33:02.156 --> 0:33:08.356
<v Speaker 7>that with people with this problem, these objects form that

0:33:08.436 --> 0:33:12.076
<v Speaker 7>kind of experience in a much more intense way than

0:33:12.116 --> 0:33:18.556
<v Speaker 7>everybody else so somehow these objects are keys to these

0:33:19.036 --> 0:33:21.956
<v Speaker 7>visceral memories that get produced.

0:33:22.276 --> 0:33:28.716
<v Speaker 3>So finding something, anything, some token, some memento, anything that

0:33:28.876 --> 0:33:33.996
<v Speaker 3>from your past triggers a much more vivid recollection than

0:33:34.716 --> 0:33:35.356
<v Speaker 3>in the rest.

0:33:35.156 --> 0:33:37.916
<v Speaker 7>Of us than for the rest of us. Yes, and

0:33:38.516 --> 0:33:40.996
<v Speaker 7>it is a recollection.

0:33:41.996 --> 0:33:45.156
<v Speaker 3>Hold on, it's such a fascinating notion. So you mentioned music,

0:33:45.516 --> 0:33:47.236
<v Speaker 3>so most of us would have it. You know, there

0:33:47.276 --> 0:33:50.956
<v Speaker 3>are songs if you play them, have that thing for me,

0:33:51.916 --> 0:33:54.676
<v Speaker 3>yas only you. I don't know why that sounds, but

0:33:54.996 --> 0:33:58.396
<v Speaker 3>I can imagine. So what you're saying is that feeling

0:33:58.436 --> 0:34:01.836
<v Speaker 3>I have with yas only you, only with a book

0:34:01.836 --> 0:34:05.836
<v Speaker 3>of match box of matches, or absolutely yes, a playbill

0:34:06.036 --> 0:34:09.756
<v Speaker 3>or a yes. One of Frost's patients was a woman

0:34:09.876 --> 0:34:12.836
<v Speaker 3>who couldn't throw away a Disney blanket that her daughter

0:34:12.916 --> 0:34:13.556
<v Speaker 3>had loved as.

0:34:13.476 --> 0:34:17.436
<v Speaker 15>A small child, because she feels like if she throws

0:34:17.476 --> 0:34:23.196
<v Speaker 15>it away, she will lose the memories associated with that blanket,

0:34:23.276 --> 0:34:27.036
<v Speaker 15>and she will lose that piece of history, her personal history.

0:34:27.116 --> 0:34:30.716
<v Speaker 15>And if she throws away too much, there's nothing well

0:34:31.076 --> 0:34:31.596
<v Speaker 15>left of her.

0:34:32.196 --> 0:34:35.516
<v Speaker 3>For another patient, it was one of those ATM cash

0:34:35.676 --> 0:34:37.516
<v Speaker 3>envelopes from five years ago.

0:34:38.036 --> 0:34:39.876
<v Speaker 14>There was no cash in it. She'd spent the cash

0:34:39.916 --> 0:34:42.356
<v Speaker 14>that was in it, but on the back she'd written

0:34:43.196 --> 0:34:45.676
<v Speaker 14>how she spent it, and it wasn't anything unusual, grocery store,

0:34:45.796 --> 0:34:48.516
<v Speaker 14>drugs for a few other items. She put it in

0:34:48.716 --> 0:34:53.276
<v Speaker 14>the recycle box and she started to cry, and she said,

0:34:54.996 --> 0:34:58.076
<v Speaker 14>it feels like I'm losing that day in my life.

0:34:58.756 --> 0:35:01.116
<v Speaker 14>And if I lose too much, there'll be nothing left

0:35:01.116 --> 0:35:01.356
<v Speaker 14>of me.

0:35:02.956 --> 0:35:07.796
<v Speaker 3>There'll be nothing left of me. One of the twin brothers, Alvin,

0:35:08.076 --> 0:35:11.636
<v Speaker 3>was a successful of organizer. He once told Frost that

0:35:11.676 --> 0:35:14.156
<v Speaker 3>he had lost a folder containing his notes from something

0:35:14.196 --> 0:35:17.956
<v Speaker 3>he'd organized, and even though the event was recent, every

0:35:18.156 --> 0:35:20.956
<v Speaker 3>memory he'd had of it was gone, and when he

0:35:20.996 --> 0:35:25.796
<v Speaker 3>found the folder again, his memories returned. If your mind

0:35:25.836 --> 0:35:29.116
<v Speaker 3>works that way, why would you ever throw away that folder?

0:35:30.636 --> 0:35:32.676
<v Speaker 3>Most people would look at this and see a mess,

0:35:33.076 --> 0:35:35.876
<v Speaker 3>he told Frost on one of their visits to his penthouse,

0:35:36.516 --> 0:35:41.596
<v Speaker 3>And then he said, really, it's layered and complex. Their

0:35:41.636 --> 0:35:44.756
<v Speaker 3>penthouses were so overwhelmed with stuff that they had to

0:35:44.796 --> 0:35:48.196
<v Speaker 3>live elsewhere in smaller rooms in the hotel, which were

0:35:48.236 --> 0:35:51.956
<v Speaker 3>also overwhelmed with stuff. But they couldn't part with any

0:35:51.996 --> 0:35:55.236
<v Speaker 3>of it. It would be too great a loss. They

0:35:55.236 --> 0:35:58.196
<v Speaker 3>didn't want to itemize it or put it under balance

0:35:58.236 --> 0:36:02.156
<v Speaker 3>sheet or show the world. I'm sure they had their

0:36:02.196 --> 0:36:05.916
<v Speaker 3>own Islamic rugs buried somewhere in their great room, which

0:36:05.956 --> 0:36:11.676
<v Speaker 3>they had never seen when you got them away from there,

0:36:11.876 --> 0:36:16.476
<v Speaker 3>from the subject of holding it, away from their apartments.

0:36:16.636 --> 0:36:19.356
<v Speaker 1>Yeah, I mean, what were they like?

0:36:19.596 --> 0:36:19.796
<v Speaker 7>Oh?

0:36:19.836 --> 0:36:23.876
<v Speaker 14>There, they were fond, they were fascinating, they knew something

0:36:23.916 --> 0:36:27.916
<v Speaker 14>about everything. They were both delightful, delightful people.

0:36:28.276 --> 0:36:31.236
<v Speaker 3>If you talk to a late person, they would probably

0:36:31.276 --> 0:36:33.996
<v Speaker 3>think of holding as a kind of mental illness. I'm

0:36:34.036 --> 0:36:37.196
<v Speaker 3>imagining it's not an mental illness. It's not a it's

0:36:37.236 --> 0:36:40.396
<v Speaker 3>not a deficit that affects all aspects of your functioning.

0:36:40.516 --> 0:36:40.676
<v Speaker 8>Yeah.

0:36:41.436 --> 0:36:44.676
<v Speaker 14>The way I describe it sometimes is a form of giftedness.

0:36:45.796 --> 0:36:49.116
<v Speaker 14>There's a gift associated with this, an appreciation for the

0:36:49.116 --> 0:36:54.956
<v Speaker 14>physical world, an appreciation for the emotional experience that's associated

0:36:54.996 --> 0:37:00.916
<v Speaker 14>with objects, and and that that gift unfortunately comes with

0:37:00.996 --> 0:37:04.436
<v Speaker 14>a curse, and the curse is not being able to

0:37:04.476 --> 0:37:04.996
<v Speaker 14>manage it.

0:37:06.156 --> 0:37:08.796
<v Speaker 3>The holder is someone with the unusual ability to see

0:37:08.836 --> 0:37:12.316
<v Speaker 3>beauty in the ordinary, which is exactly the point that

0:37:12.356 --> 0:37:14.316
<v Speaker 3>Simon Dona made about Andy Warhol.

0:37:14.916 --> 0:37:19.076
<v Speaker 12>The nicest aspect of him was that he was very democratic. Example,

0:37:20.076 --> 0:37:24.436
<v Speaker 12>he said, if everyone's not a beauty, then nobody is.

0:37:25.876 --> 0:37:27.876
<v Speaker 1>Oh that's kind of lovely, it's fabulous.

0:37:28.116 --> 0:37:31.836
<v Speaker 12>That's why he thought these these drag queens, you know,

0:37:32.356 --> 0:37:38.676
<v Speaker 12>Jackie Curtis and Hollywoodlawn were not objectively Sophia Loren But

0:37:38.796 --> 0:37:41.756
<v Speaker 12>he saw beauty and magic and madness in them.

0:37:41.796 --> 0:37:43.996
<v Speaker 3>You know, you know what, but Simon, that is the

0:37:43.996 --> 0:37:48.556
<v Speaker 3>perfect illustration of the particular condition, wonderful condition of the

0:37:48.716 --> 0:37:52.916
<v Speaker 3>order who applies that same logic to objects. If every

0:37:52.996 --> 0:37:57.876
<v Speaker 3>object is not is not beautiful, then no object is right.

0:37:57.956 --> 0:37:59.556
<v Speaker 1>It's exactly the same.

0:37:59.836 --> 0:38:02.436
<v Speaker 12>Like some crappy old broken toy. It is the same

0:38:02.476 --> 0:38:05.356
<v Speaker 12>as an anouvovarse that your grandmother left you.

0:38:05.596 --> 0:38:09.076
<v Speaker 1>Yeah, exactly. That's the That is the god that's.

0:38:11.556 --> 0:38:15.516
<v Speaker 3>It is. Isn't it haunting? And it's why the Warhol

0:38:15.596 --> 0:38:18.996
<v Speaker 3>Museum keeps all of Warhol's boxes, because they have the

0:38:19.036 --> 0:38:22.916
<v Speaker 3>same condition that Warhol had. They have to insist on

0:38:22.996 --> 0:38:26.116
<v Speaker 3>the meaning and beauty in all of that ephemera. They're

0:38:26.196 --> 0:38:29.876
<v Speaker 3>the Warhol Museum, and like the hoarder, they worry that

0:38:29.916 --> 0:38:32.316
<v Speaker 3>if they get rid of any of his stuff, they'll

0:38:32.356 --> 0:38:35.476
<v Speaker 3>lose their connection to him, And can they count that

0:38:35.516 --> 0:38:39.556
<v Speaker 3>stuff up and put a value on it. No, because

0:38:39.596 --> 0:38:43.756
<v Speaker 3>to the hoarder everything is of equal value.

0:38:47.716 --> 0:38:51.316
<v Speaker 5>So you get into these debates. They get esoteric sometimes,

0:38:51.876 --> 0:38:54.636
<v Speaker 5>but you know, standard setting. Eventually the boyd says, all right,

0:38:54.636 --> 0:38:56.076
<v Speaker 5>we got to get to closure. We got to make

0:38:56.076 --> 0:38:58.036
<v Speaker 5>a decision. We can't just go on forever.

0:38:58.796 --> 0:39:01.876
<v Speaker 3>Ron Bossio My Guide to the Hearing of the FASB

0:39:01.996 --> 0:39:05.756
<v Speaker 3>in nineteen ninety one, when C. Douglas Dillon appeared in Norwalk,

0:39:05.836 --> 0:39:09.796
<v Speaker 3>Connecticut and stood up before the Vatican of Accounting and said,

0:39:10.436 --> 0:39:13.196
<v Speaker 3>we cannot tell you what we have in our collections.

0:39:13.556 --> 0:39:17.876
<v Speaker 3>That is not the way our imaginations are wired. And

0:39:17.916 --> 0:39:21.676
<v Speaker 3>the Vatican backs down. The accountants realize that this is

0:39:21.676 --> 0:39:24.436
<v Speaker 3>a battle they cannot win, with the result that on

0:39:24.516 --> 0:39:28.556
<v Speaker 3>virtually every American art museum bound sheet there is some

0:39:28.716 --> 0:39:34.396
<v Speaker 3>version of note A. In conformity with accounting policies generally

0:39:34.436 --> 0:39:38.556
<v Speaker 3>followed by art museums, the value of the museum's collections

0:39:38.836 --> 0:39:42.716
<v Speaker 3>has been excluded from the statement of financial position.

0:39:45.916 --> 0:39:48.316
<v Speaker 8>When the moon was new, when the sun yang of

0:39:48.436 --> 0:39:51.956
<v Speaker 8>silver and gold, the gods sang in the green grass

0:39:52.036 --> 0:39:55.276
<v Speaker 8>lays silver spilled and the white waters they with gold filled.

0:39:58.196 --> 0:40:02.396
<v Speaker 3>In Tolkien's poem The Horde, everyone who desired the treasure

0:40:02.476 --> 0:40:06.796
<v Speaker 3>dies in the end, but the treasure remains buried deep

0:40:07.356 --> 0:40:08.756
<v Speaker 3>in giant warehouses.

0:40:09.396 --> 0:40:14.876
<v Speaker 8>In New Jersey, there is an old Horde in a

0:40:14.956 --> 0:40:18.436
<v Speaker 8>dark rock. Have gotten behind doors, and none can unlock

0:40:18.996 --> 0:40:22.636
<v Speaker 8>that grim gate. No man can pass on the mound

0:40:22.756 --> 0:40:26.196
<v Speaker 8>rows the green grass. There sheep feed, and the lock saw,

0:40:26.676 --> 0:40:29.916
<v Speaker 8>and the wind blows from the sea shore. The old

0:40:29.996 --> 0:40:34.796
<v Speaker 8>howde the night shall keep our earthwakes and the elves sleep.

0:40:40.476 --> 0:40:45.156
<v Speaker 3>Revisiono's History is produced by Meelobelle and Leamingesteux, with Jacob Smith,

0:40:45.356 --> 0:40:50.636
<v Speaker 3>Aloise Lytton and Anna naim Our. Editor is Julia Barton.

0:40:50.916 --> 0:40:55.396
<v Speaker 3>Original scoring by Luis Gera, mastering by Flon Williams. Fact

0:40:55.436 --> 0:40:59.116
<v Speaker 3>checking by Beth Johnson. Special thanks to the Pushkin Crew,

0:40:59.516 --> 0:41:05.476
<v Speaker 3>Heaterphane Carly Migliore, Maya Knig, Maggie Taylor, Jason Gambrel and

0:41:05.596 --> 0:41:08.476
<v Speaker 3>of course el Hafe Jacob Weisbering.

0:41:10.436 --> 0:41:11.316
<v Speaker 1>I'm often dropper