FDIC Insured, 2008–16
527 castoff investment self-help books with the logos of failed banks burned onto their covers
Dimensions variable (each book requires roughly one linear foot of shelving)
Produced with the support of Eyebeam, Time Equities Arts-in-Buildings, and LINK Art Center

http://fdic.mandiberg.com/

4-michaelmandiberg_wamu_hendersonnv_2008

 

FDIC Insured is an investigation into the erased visual identities of failed banks.

FDIC Insured (2008–16) is a large-scale installation that memorializes the abstractions and utopian promises of global capitalism, which can never be fully understood or achieved under the frenetic flow of big data and deregulated markets. FDIC Insured is a collection of 527 castoff investment self-help books with the logos of failed banks burned onto their surfaces. The work combines the failed utopian promises of the discarded self-help books with the newly-vacated corporate logos, branding the collapsed futures promised by the physical objects with the visual identities of economic failure.

I first exhibited FDIC Insured in an abandoned office space near Wall Street, hosted by the Time Equities Art-in-Buildings Program. FDIC Insured has since been exhibited at The Mistake Room, Los Angeles; the Museum of Capitalism, Oakland; and Fotomuseum Winterthur; it has been written about in Art in America, The New Yorker, The Village Voice, San Francisco Chronicle, Artnet, The Brooklyn Rail, Hyperallergic, and The Art Newspaper, among others.

PRESS

Read article in the Brooklyn Rail
Read article in The New Yorker
Read review in Hyperallergic
Read article in Blouin Artinfo
Read article in The Art Newspaper
Read interview in Art in America
Read Art Rx NYC in Hyperallergic