New Bank for The Lehman Brothers


The Palais d’Iéna, a significant artistic venue, was designed by the architect Auguste Perret between 1937 and 1946 to host temporary painting exhibitions. Since 1959 the Palais d’Iéna is the headquarters of the economic, social and environmental Council. It has recently begun to house special events and its Hypostyle room will host the project PEARLS OF THE NORTH.

New Bank for the Lehman Brothers is a sculpture that consist of 3 objects that should be regarded as architectural models (scale 1 : 100) for buildings: a new bank for the Lehman Brothers. Before declaring bankruptcy in 2008, Lehman was the fourth largest investment bank in the USA. The bankruptcy of Lehman Brothers remains the largest bankruptcy filing in the US history and is in that sense in many ways exemplary for the current economical state of affairs in the US and Europe.

Wood, cloth, chairs, toilet seats, curtains, Formica and metal – variable dimensions – 2011

Many thanks: Lisan Scheepe.