Tag Archives: detroit bankruptcy

L’Art D’Etroit

A federal judge ruled against debtors seizing paintings and sculptures from Detroit’s Insitute of Art. Bankruptcy vultures were seeking $800 million from the sale of masterpieces by Brueghel, Tintoretto, Frank Stella, and Frederick Edwin Church as well as Van Gogh’s PORTRAIT OF A POSTMAN, which was the first painting I saw at Boston’s MFA in […]

Detroit Overdue

This afternoon I passed the Roosevelt Hotel on my way to the Oyster Bar. Several protestor were gathered before the entrance and a larger contingent of police were surveilling the situation. The group were passing out leaflets against the bankruptcy of Detroit. The city’s creditors are trying to collect 100% on the $18 billion plan […]