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The audience for the Feb. 3, 2009, debate on the proposition: "The Art Market is Less Ethical than the Stock Market"
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MORALITY PLAY
by Jerry Saltz



To all appearances, the outright scammers on Wall Street, like Bernard Madoff and Marc Dreier, are outnumbered only by the greedy schemers who benefit from a corrupt system, like John Thain and Maurice Greenberg. The ethical transgressions of the art market are puny by comparison, if only because the stakes are so much smaller.

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