Talking Head ...

... in New York there has been no public rejection of the culture that led to the financial crisis. Instead, there has been tacit encouragement of the banking industry's actions from figures like Mayor Bloomberg. The nation's largest financial institutions are almost all still around, still "too big to fail" and as powerful as ever. One might hope that enlightened bankers might emulate the Medicis and fund culture-makers – both emerging artists and those still in school – as a way of ensuring a continued talent pool that would invent stuff and fill the world with ideas and inspiration, but other than buying blue-chip art for their walls and donating to some institutions what is, for them, small change, they don't seem to be very much interested in replenishing the talent pool.
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David Byrne on the decline of New York City's cultural vibrancy