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Detroit Fire Sale?



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My article on how Detroit’s financial troubles may force the Detroit Institute of Arts to sell its world-class art collection is in today’s Wall Street Journal:

Last month, Detroit’s emergency financial manager notified the DIA that its art is a municipal asset and might be sold to satisfy creditors. The art world is watching to see what happens next.

“This is unprecedented,” says Timothy Rub, president of the Association of Art Museum Directors and head of the Philadelphia Museum of Art. “I can’t believe anyone is thinking about liquidating this public treasure.”



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