Author Topic: Detroit Institute Of Arts Collection Could Be Sold To Satisfy City's Creditors  (Read 4709 times)

ldavis02

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Chrysler, Ford and General Motors pledge $26 million
« Reply #15 on: June 09, 2014, 11:40:47 AM »
 The Detroit Institute of Arts announced Monday that Chrysler, Ford and General Motors have pledged $26 million to help the City of Detroit emerge from bankruptcy, support pensioners and protect treasured artwork.
http://www.wxyz.com/news/region/detroit/big-3-automakers-pledge-26-million-to-help-detroit-emerge-from-bankruptcy-protect-art-

ldavis02

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Michigan Senate OKs historic $195M Detroit aid package; Snyder's signature next

Senate Majority Leader Randy Richardville, R-Monroe, called the package of nine bills a “smart, conservative decision,” that will help ease cuts to pensioners, save the artwork at the Detroit Institute of Arts from sale, and shield the state from future lawsuits regarding the bankruptcy — a major incentive for lawmakers. http://www.freep.com/article/20140603/NEWS06/306030043/Detroit-bankruptcy-pensions-artwork