Stephen Colbert interviewed Jeff Koons on the ‘Colbert Report.’ Introduced as the “world’s most expensive birthday clown,” Koons discussed the importance of an arts education, while explaining some of his own art to the late-night host.

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A missing Roy Lichtenstein painting, estimated at $4 million, was discovered in a Manhattan warehouse. ‘Electric Cord’ was last seen 42 years ago when its owner, Leo Castelli, sent the piece out to be professionally cleaned.

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