(Untitled)

Jan 27, 2009 15:44

ой.

Брендайс продает свою коллекцию картин -- the Rose collection (!!) -- говорят, она стоит ~$350М
денег нет.

Еврейский университет.
Мэдоф.

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Comments 6

angerona January 27 2009, 21:48:58 UTC
sucks :(

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vremyavpered January 27 2009, 22:05:26 UTC
yep.

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fiona_grady January 27 2009, 22:02:44 UTC
Yeah, Made off with the money :(

A lot of schools have started de-acquisitioning process; first, because the art market was insane and the trustees were looking to make a quick buck to build that all-important baseball diamond; now, because the economic situation is dire and they are looking to bolster the endowment. Either way, this is wrong. The art collections held in public institutions and in institutions of higher learning cannot be underestimated for the importance of accessibility and enrichment. Once disbursed, they end up not as coherent collections but as pieces spread far and wide in private homes, not to be seen again for perhaps generations.

Sorry to carry on like that, dearest :)

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vremyavpered January 27 2009, 22:05:12 UTC
i am glad to see you carry on like that :) i love reading you, remember?

yes, i agree -- i also think this is wrong. given who their alumnae are, they should've been able to raise 10M (their current shortfall) in other ways.

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fiona_grady January 27 2009, 22:50:39 UTC
Because of your link I opened the NYT and saw that Updike died. Aww. My favorite American author, second only to Philip Roth.... so very sad.

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vremyavpered January 27 2009, 23:35:03 UTC
sorry :((

yeah, i found out from my sister's blog today....

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