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Casino Magnate Wynn Pokes Lloyd's Over Damaged Picasso Offer

National News • January 15, 2007
The casino magnate who accidentally poked a hole in a Picasso painting said insurer Lloyd's of London has offered to settle his $54 million claim of lost value, but the talks aren't going the way ...

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Subject: RE: RE: Tough Call

Posted On: January 15, 2007, 1:32 pm CST
Posted By: Art N. Shurer
Comment:
Thanks for reminding us of the fuller story. Like I said, if the offer was bona fide from a real person or entity, and Wynne had insured it to the full value of $139 mil, and if Lloyds wont pay the loss in value, he may have a leg to stand on (hope he doesnt put his knee through the canvas next) but hes going to have to go to arbitration to get what he wants.

Just pray that the broker got enough lead time from Wynnes RM to advise the market of the increased value before he jabbed a hole in the face of the dreamer. If they kept it at the lower pre-sale value, that could be REAL sticky. Sounds like a potential Friday 5PM nightmare.
Subject Posted By Posted On
RE: RE: RE: RE: RE: Tough Call Roger Mount
Jan 22, 2007, 11:27 am
RE: The rest of the story ... more factual information Art N. Shuirer
Jan 15, 2007, 4:12 pm
The rest of the story ... more factual information Seen it all before
Jan 15, 2007, 3:56 pm
RE: RE: And my 1994 Toaster is worth Art N. Shurer
Jan 15, 2007, 3:13 pm
RE: And my 1994 Toaster is worth Bunny
Jan 15, 2007, 3:06 pm
Slime Ball Jerk Age Old Broker
Jan 15, 2007, 2:41 pm
RE: RE: Tough Call Lowell
Jan 15, 2007, 2:35 pm
Steve Whine ernie
Jan 15, 2007, 2:05 pm
Same comments/same problem Heard it before
Jan 15, 2007, 2:00 pm
Dear Mr. Wynn... KLS
Jan 15, 2007, 1:55 pm
RE: Painting Reader
Jan 15, 2007, 1:52 pm
RE: RE: RE: RE: Tough Call Art N. Shurer
Jan 15, 2007, 1:49 pm
What a crybaby! An Actuary
Jan 15, 2007, 1:40 pm
RE: RE: RE: Tough Call Hal
Jan 15, 2007, 1:40 pm
RE: RE: Tough Call Art N. Shurer
Jan 15, 2007, 1:32 pm
RE: Tough Call How Much Did He Pay?
Jan 15, 2007, 1:25 pm
Settlement Public Adjuster
Jan 15, 2007, 1:23 pm
Tough Call Smitty
Jan 15, 2007, 1:15 pm
And my 1994 Toaster is worth Art N. Shurer
Jan 15, 2007, 12:59 pm
Painting Joe
Jan 15, 2007, 12:59 pm
RE: settlement Public Adjuster
Jan 15, 2007, 12:58 pm
RE: settlement J
Jan 15, 2007, 12:55 pm
RE: settlement average Joe agent
Jan 15, 2007, 12:55 pm
RE: settlement Bulldogg
Jan 15, 2007, 12:54 pm
RE: settlement mel
Jan 15, 2007, 12:53 pm
settlement rjm
Jan 15, 2007, 11:51 am
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