I’m going to try and bottle the melted ice and see if I can sell it (capitalism is not dead yet)….
On October 29, 2008, the 79th anniversary of Black Tuesday, the stock market crash that caused the Great Depression in 1929, artists Ligorano/Reese will meltdown the â€œEconomy.â€ In a new, time-based event, called Main Street Meltdown the artists will install the word â€œEconomy,â€ carved in ice, in Foley Square, using the New York Supreme Court as a back drop. The event begins on Wednesday, October 29th at 9 AM and will last 24 hours.
The artists chose Foley Square, close to the heart of Wall Street, as the site to focus on the timeliness of the financial crisis in the final week of the presidential campaign. The artists refer to Main Street Meltdown as a â€œtemporary monument.â€
The monument measures 15 feet long, 5 feet tall, and weighs almost 1,500 pounds. It is the fourth in a series of ice sculptures by the artists that deal with important political issues. Earlier this year, Ligorano/Reese staged ice sculptures of the word â€œDemocracyâ€ during the Democratic and Republican Conventions in Denver and St. Paul.