
The painting worth nearly $10 million was severely damaged.
In the case of Steve Wynn, the casino and hotel magnate suffers from the eye disease retinitis pigmentosa, which affects his peripheral vision. He was showcasing his “Le Rêve,” Picasso’s 1932 portrait of his mistress, Marie-Thérèse Walter, on the day of a sale for $40 million to hedge-fund mogul Steven Cohen. Wynn was gesturing toward the painting when he put his elbow through it. Cohen promptly declared “no sale.”
A can of paint stripper was later found in his possession.
The jury took just 90 minutes to convict Shannon who was sentenced to five years in prison, and will not be allowed in any gallery for 15 months after his release. We are often criticized for having too lengthy prison sentences but this seems a bit light since the police also found nearly 50 stolen items, including valuable artworks, books and antiques in his home. That would seem to warrant more time than five years. What do you think?
