07.09.2004

Black Friday – Exercises in Hermetics

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Date/Time: 09/07/2004 12:00 am


Black Friday – Exercises in Hermetics
Curated by Christoph Keller, Revolver
Galerie Kamm, Berlin
opens Friday 9. July 2004 , 19:00
10. July – 11. September 2004
Download the works at: www.black-friday.org (from 9th July)
Artists:
A
Anton Vidokle (USA)
C
Carey Young / Massimo Sterpi (UK/US/I)
Carol Bove (USA)
Cerith Wyn Evans (UK)
Christoph Steinegger (A)
Claude Closky (F)
D
Daniel Herskowitz (USA)
David Hatcher (NZ)
Derek Barnett 1, 2 (CA)
E
Edgar Arceneaux (USA)
F
Florian Pumhösl (A)
G
Gardar Eide Einarsson (N)
H
Haegue Yang (Korea)
Heiko Karn (D)
Helen Mirra (USA)
Henrik Olesen (DK)
I
Ibon Aranberri (ES)
J
Jakob Kolding (DK)
Jop van Bennekom (NL)
K
Katja Strunz (D)
Klaus Weber (D)
Kristine Röpstorff (DK)
L
Liam Gillick (UK)
Ludovic Burel (F)
M
Manuel Raeder (D)
Marianna Deball (MX)
Markus Amm (D)
Markus Schinwald (A)
Markus Weisbeck (D)
Martin Boyce (UK)
Martin Neumaier (D)
Mathias Poledna (A)
Michael Hakimi (D)
Michael S. Riedel (D)
Michael Stevenson (NZ)
N
Norm (CH)
O
Olaf Nicolai (D)
R
Roman Schramm (D)
S
Sebastian Romo (MX)
Seth Price (USA)
Simon Dybbroe Møller (DK)
T
Thomas Bayrle (D)
Tim Lee (CAN)
Tue Greenfort (DK)
V
Vier5 (F)
W
Will Stuart (NL)
What is Black Friday?
Black Friday, name applied to a short-lived financial crisis in the
United States that occurred on Friday, September 24, 1869. The panic was
precipitated when two financial speculators, James Fisk and Jay Gould,
attempted to corner the U.S. gold market. On September 20 they began
purchasing gold in New York City; by September 24 they controlled enough
of the available supply in the city to bid up the price from about 140
to 163y. This rapid increase in the price of gold threw the stock
exchange into confusion, and the prices of commodities fluctuated
wildly. The inflationary run on gold was halted toward the close of the
business day when U.S. Secretary of the Treasury George Sewall Boutwell
announced that the federal government had made $4 million of its gold
reserves available for trading. Fisk and Gould probably made a profit of
about $11 million by their manipulations, but many businesspeople
claimed to have been ruined by the panic.
What is Black Friday?
The day after Thanksgiving in the United States, is frequently referred
to as Black Friday.
General Use: One of the major U.S. holiday shopping days. The day many
U.S. consumers begin Christmas shopping. The day is heavily promoted by
retailers.
Origin: The origin of Black Friday comes from the shift to profitability
during the holiday season. Black Friday was when retailers went from
being unprofitable, or “in the red,” to being profitable, or “in the
black”, at a time when accounting records were kept by hand and red
indicated loss and black profit.
GALERIE KAMM
Almstadtstrasse 5
D-10119 Berlin
T/F +49 (0)30 28386464
info@galeriekamm.de
www.galeriekamm.de

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