cover image THE ART OF THE STEAL: Inside the Sotheby's-Christie's Auction House Scandal

THE ART OF THE STEAL: Inside the Sotheby's-Christie's Auction House Scandal

Christopher Mason, . . Putnam, $26.95 (406pp) ISBN 978-0-399-15093-7

Veteran art writer Mason does a good job separating the bad guys from the slightly less bad guys in his lively, anecdote-packed saga about how the world's two leading auction houses, Sotheby's and Christie's, conspired to fix prices on everything from famous paintings to antique furniture. Alfred Taubman, the shopping-mall king who bought Sotheby's in 1983 to keep it from falling into the hands of a couple of carpet salesmen, became the only principal in the case to actually do jail time—apparently due to what some courtroom observers labeled "the worst defense money can buy." It didn't help that Diana "DeDe" Brooks, who started her career as an unpaid intern and whose workaholic habits persuaded Taubman to make her Sotheby's CEO, became one of the government's chief witnesses against Taubman. On the Christie's side, the lineup features a number of snobbish Brits, including Christie's CEO, Christopher Davidge, who seems to have sold everyone else down the river. It would have made for smoother reading if Mason (or his editor) had done some pruning: how many times do we need to be told that Brooks is six feet tall or that Taubman's wife, Judy, is a glamorous former beauty queen? But in the end, it's the story that carries the day—an amazing and depressing chronicle of greed in the name of culture that should (but probably won't) keep art buyers from ever walking into an auction house again. Agent, Todd Shuster at Zachary Shuster Harmsworth. (May 11)

Forecast: Blurbs from Dominick Dunne and Amanda Foresman, author of Georgiana: Duchess of Devonshire, will help reach those who read Vanity Fair and other upscale magazines.