Annie Leibovitz may be a "victim" of "her own relentless artistic ambition," said Luis Torres de la Llosa in Agence France-Presse. The 59-year-old "genius" photographer, known for her "legendary perfectionism and the pouring of resources into lavish sets," is "close to financial ruin" because of her "disastrous decision" to take "a 24-million-dollar loan from Art Capital Group (ACG)—in effect a high-end pawn broker—in December 2008 using her own photographs as collateral." Now the loan is due on Sept. 8, and if Leibovitz "can't pay up, she could lose her life's work."
"Leibovitz's troubles are being raised to the status of American morality tale by a culture obsessed with money and how to keep it, especially now," said Medb Ruane in the Irish Independent. But it's hard to know if Leibovitz is just "a great artist who can't deal with the everyday," or "a careless dreamer," or "just plain greedy." It does seem that "the morass she faces isn't all a result of profligacy but of unexpected inattention to detail."
It's hard to believe that someone as rich, famous, and successful as Leibovitz could be "brought down to the level of every other American in today's financial crisis," said James Horner in Examiner.com. But she has "a strong network of powerful friends and an even stronger work ethic," so it's likely that she'll "get out of this financial mess."
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Why you should stop believing in evolution
- How Israel's hawks intimidated and silenced the last remnants of the anti-war left
- Why your employer should clean your house and do your laundry
- The big policy question libertarians can't answer
- The secret to handling pressure like astronauts, Navy SEALs, and samurai
- Why China thinks it could defeat the U.S. in battle
- The real lesson of Rick Perry's mug shot
- Welcome to the age of ambivalent feminism
- What you need to know before you support the police in Ferguson
- What the 'death of the library' means for the future of books
Subscribe to the Week