Saturday, November 8, 2014

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 the early 60s.

The painting would probably get close to $100 million at auction.

The Detroit Institute of Art remains under threat.

The city has yet to settle its other woes, but I think burning the banks might be a good course of action.


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