February 9, 2010

Modern Ruin

"On . . . September 25, 2008 the U.S. Government took over Washington Mutual, selling most of it to JPMorgan Chase.

"Roughly a year earlier, at the height of a frenzied economic bubble, Washington Mutual began building a new $1 million branch at 5030 Greenville Ave., just south of Lovers Lane [Dallas, TX]. Just after its completion, the government seized WaMu, and JPMorgan Chase decided not to occupy the building.

"The new building was never opened, never used, and has sat as an empty shell for more than a year.

"On February 20, 2010, Modern Ruin – an exhibition organized by Christina Rees and Thomas Feulmer – will open. The two-day exhibition will be the only use for the million-dollar building before the demolition process begins the following week.

* * * * *

"15 artists will create work inspired by and in dialogue with the building . . . ."
including Frances Bagley, Tim Best, Michael Corris, Thomas Feulmer, Annette Lawrence, M, Margaret Meehan, Tom Orr, Richard Patterson, Cam Schoepp, Noah Simblist, Christoph Trendel, Terri Thornton, Kevin Todora, Jeff Zilm. There's a "reception/intervention" Sat., Feb. 20, 8-11pm, and the exhibition will otherwise be open only Sat. and Sun. Feb. 20 and 21, 12-5pm.

In a related story today, indianexpress.com reports, "JPMorgan Chase & Co said it is cutting up to 14,000 jobs, more than previously disclosed . . . . JPMorgan expects $2.75 billion of savings from Washington Mutual . . . . by the end of 2009, sooner than originally thought."

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