Bloomberg reports on dealer Yves Bouvier, whose arrest earlier this year over alleged price inflation in the $186 million sale of a Mark Rothko reflects the warnings offered earlier this year by economist Ariel Roubini: “There are a number of serious distortions in the art market that suggest that there is some shady behavior going on.  Price opacity in the art market leads to insider information, which makes insider trading in art far more likely.â€
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