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Monster Mash: Twist in Warhol theft case; Bill Gates gives $10 million; Frank Stella ID's fake

October 16, 2009 |  8:58 am

Warhol -- Mysterious: The owner of 11 stolen Andy Warhol paintings said he is choosing to waive the insurance policy that he owns to protect the paintings. (Los Angeles Times)

-- Big gift: The Gates Foundation is giving $10 million to the National Museum of African American History and Culture. (The Washington Post)

-- State secret: Sotheby's declines to disclose to the SEC the method it uses to set executive pay, citing its rivalry with Christie's. (Bloomberg)

-- Counterfeit: Frank Stella said through his attorney that a painting attributed to him is a fake and should be destroyed. (Las Vegas Sun)

-- Getting dirty: MOCA Tuscon is under fire from local conservative politicians who are upset over the museum's deal with the city on its upcoming move. (Artnet)

-- Extreme art: Film critic Roger Ebert revisits his interest in  artist Chris Burden. (Chicago Sun-Times)

-- Financial difficulties: The Indianapolis Museum of Art furloughs its staff in an effort to cut costs and keep free admission for visitors. (Indianapolis Star)

-- Big project: Azerbaijan's capital, Baku, is working on plans for a new contemporary art museum designed by Jean Nouvel. (ARTnews)

-- Penny-pinching: Art is becoming more difficult to insure at fairs as reinsurance companies grow wary of insuring too much art in a single place at any given time. (The Art Newspaper)

-- Also in the L.A. Times: Ed Ruscha talks about President Obama's taste in art. (Los Angeles Times)

-- David Ng

Photo: A police notice of artwork by Andy Warhol that was stolen from an L.A. home. Credit: LAPD / EPA