Filed under: Art Investors in trouble often but their art collections up for sale but you don't usually hear about it happening to the artists themselves. The NY Times reports that famous photographer Annie Leibovitz borrowed $5 million from a company called Art Capital Group last fall and in December, she borrowed $10.5 million more from them. Her collateral didn't just include her homes but also the rights to all of her photographs. Considering Leibovitz's breadth of work, the hundre

Full story at http://www.luxist.com/2009/02/25/annie-leibovitz-uses-her-photography-as-collateral/