Tag: crime

OCCASIONALLY THE VOICES ARE RIGHT

CAREER SUICIDE

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A wee update on this story about a woman who attacked a fellow visitor to Art Basel Miami Beach last December, while onlookers interpreted the whole thing as some kind of performance art. The attacker, Siyuan Zhao, has unsurprisingly been found to be suffering from a serious mental illness. Eventually coming back to a somewhat even keel through therapy and medication after randomly stabbing a stranger, trying to kill a therapy bird (whatever that is) and hearing voices that said “she needed to protect the event from the Middle Eastern terror group ISIS”, Zhao has agreed to “deport herself” back to China where her family will take care of her.

“She was very psychotic,” Dr. Ilan Melnick testified. He also said: “She felt ISIS was going to be at Art Basel to destroy the art.”

Dr. Melnick possibly slightly stating the obvious there, especially in conjunction with his second…

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REAL ART WORLD MORE SATIRICAL THAN SATIRE AGAIN

REAL ART WORLD MORE SATIRICAL THAN SATIRE AGAIN

CAREER SUICIDE

RiffWestsideStory

This is what you get when rolling around on the floor, self-harming and generally making a tit of yourself become normalised as art practices: a woman (really, but non-fatally) stabbed by another woman in the neck and arms with a craft knife during an altercation at Art Basel Miami Beach and taken out on a stretcher while police cordoned off the crime scene was described by onlookers as “a performance art presentation.” Two of these patrons were “sipping champagne” and gawking at the bloody floor from behind police tape even as they expressed their horror that it was a real stabbing. Still think covering yourself in body fluids, paint, food (etc.) is cutting edge or exploring new territory? The public are now so blasé about this “transgressive” type of art that they assume crimes, violent incidents and bloody accidents are art interventions, so the answer is a resounding NO.

Obviously…

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THE PONZI SCHEME

THE PONZI SCHEME

CAREER SUICIDE

Named for the Italian con artist Carlo (or Charles) Ponzi, who in the 1920s relieved investors of about $420,000 (equivalent to about $4.5 million if he’d done something similar in the 21st century). The main characteristics of what’s now called a Ponzi Scheme is that it pays “profits” to investors from their own money, or from the money provided by subsequent investors. They rarely make any legitimate profits. They’re often based on vague promises and unrealistic projections, as indeed are many of the originally legal schemes like hedge funds; hedge funds can also very easily degenerate into illegal Ponzi schemes when they go wrong, and this has happened with particular frequency since the turn of the last century. Ponzi Schemes inevitably collapse either on purpose– because the fraudster makes off with all the money, as they always intended to– or when investment stalls.

Of course Ponzi was neither the first…

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