JENKINSON, Megan, 1958-
Prudentia endeavours to construct a Model of Plato's Ideal State with the Building Blocks of Tombs of the Dead Kings (Photograph)
Cutting out photographed sets of printer’s type
with embroidery scissors to form the names of
New Zealand’s biggest corporations in 1986,
Megan Jenkinson presciently depicted the flimsy
basis for the sharemarket speculation which
would lead to the crash of October 1987.
As Brett Wilkinson, a young executive with
Rainbow Corporation, would later explain, “The
listed companies [were] geared up and reported
valuations largely based on dubious valuations.
It was one giant pyramid game.”
