Steve Wynn's Elbow and a $91 Million Blunder
October 18, 2006 -
Steve Wynn, the Las Vegas billionaire casino mogul, recently agreed to sell a 1932 Picasso painting "La Reve" to Connecticut hedge fund billionare Steven Cohen for USD $139 million, a $91 million profit in just 9 years of holding the painting. That is until he was showing off the painting in his office to a bunch of friends, and in an …
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