(RED)uced Economy

Bloomberg has reported that the (RED) auction backed by Bono and Damien Hirst has been downgraded by Sotheby’s, cutting the estimated take from the auction 28%, claiming that the economy may be hurting the auction.

Hey, brother - can you spare a dime? A pill cabinent estimated to go for $7 million? Good golly - if you’re going to shell out that kind of money, the economy should not be bothering your wallet!

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