Monday, February 9, 2009

Hard Times for Jewish Museums

The New York Jewish Week has a brief (and oddly lighthearted) article describing the negative impact the current financial crisis (including the Madoff scam) is having on the Jewish museum world.

by Eric Herschthal

There was plenty to talk about at this year’s Conference of American Jewish Museums. Days before the event began here Sunday, Brandeis’ trustees announced that they were selling off the jewels in its Rose Art Museum — works by Warhol, de Kooning and Hoffman — to cover the university’s deficits. No one at the conference had any clue how much the Madoff scandal would affect future fundraisers. And, of course, it was anyone’s guess how long or deep this recession might be.
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