We all saw this coming: Jeremy Strick to resign…or not?
“One member of the museumâ€™s Board of Trustees, speaking on condition of anonymity, said Strick had resigned during a ‘tearful’ scene at a meeting of the board. A MOCA spokeswoman, however, denied that…”
It sounds as if the board might accept Eli Broads offer.
“The agreement, which the board voted on at a long meeting Thursday afternoon, is not final and is subject to numerous conditions, including Mr. Broadâ€™s examinations of the museumâ€™s financial accounts, according to the people, two of whom attended the meeting on Thursday.”
Los Angeles mayor Villaraigosa makes a plea to MOCA
“His letter to board co-chairmen Tom Unterman and David Johnson asks that the board take time to thoroughly review its options and set aside 30 days to allow the public an opportunity to provide input before a decision is made.”
Eli Broad asks LACMA to show him the money.
“The question, he said, is which bailout carries a stronger guarantee of secure funding for MOCAâ€™s endowment and exhibitions: his $30-million offer or LACMA’s merger proposal, to which no price tag has been publicly attached.”