and much more to do with the fact that Jewish institutions in particular had invested heavily with Bernie Madoff, and lost their shirts.
It's kind of unprecedented. And of course the donors and foundations whom Brandeis could normally ask for help are people like Ruth and Carl J. Shapiro, who have lost more money than I will ever see in my lifetime.
It does seem weird, though, to sell off whole freaking MUSEUM to close a $10M hole in the annual operating budget.
Yes; I can't believe it's a $10 million hole. What worries me is the thought that the university's financial situation is much worse than anyone's saying, and—I know, brainwave—I'm not sure how you fix a problem if you don't mention to anyone that it exists.
The romantic part of me wants to see the other umpteen institutions of art in the greater Boston area band together and "buy" parts of the Brandeis collection but arrange to leave them in situ.
I could definitely live with that. I wonder how you contact the MFA and ask.
no subject
It's kind of unprecedented. And of course the donors and foundations whom Brandeis could normally ask for help are people like Ruth and Carl J. Shapiro, who have lost more money than I will ever see in my lifetime.
It does seem weird, though, to sell off whole freaking MUSEUM to close a $10M hole in the annual operating budget.
Yes; I can't believe it's a $10 million hole. What worries me is the thought that the university's financial situation is much worse than anyone's saying, and—I know, brainwave—I'm not sure how you fix a problem if you don't mention to anyone that it exists.
The romantic part of me wants to see the other umpteen institutions of art in the greater Boston area band together and "buy" parts of the Brandeis collection but arrange to leave them in situ.
I could definitely live with that. I wonder how you contact the MFA and ask.