Reports of My Death Are Greatly Exaggerated (Mark Twain)

Even if you've been only half awake throughout this past year, you could not hide from the grim reality of the financial woes that made life for so many of us extremely unsettling and worrisome. And definitely the art world was not immune to this dramatic downward spiral. Museums were forced to face the tough economic reality by paring down scheduled exhibitions, cutting back staff, and putting a freeze on new hires. Disappointing sales at art auctions and various art fairs reinforced the sense of doom and gloom on the international art scene, and a number of galleries were forced to close their doors. But, as Mark Twain once said, "The reports of my death are greatly exaggerated..."