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This was the topic of a recent episode of Revisionist History. Museums, art museums in the case of this podcast, horde tons of material they simply pack away an
by scrozart 6y ago
This was the topic of a recent episode of Revisionist History. Museums, art museums in the case of this podcast, horde tons of material they simply pack away and none of them ever note the actual value in annual filings. Then, when in financial trouble, they fire people and want a bailout. It reminds me of the Rolling Stone article about Johnny Depp being 'broke', despite having earned half a billion dollars. He refuses to sell a single property of the couple dozen he owns even though he would immediately be solvent afterwards.