Given that so little of it is ever exhibited or ever will be, maybe we could start at the bottom and sell some stuff out of storage that has no real prospect of being shown. What would that buy? Selling just 1 percent of the collection by value—much more than 1 percent by object count—would enable the [Art Institute of Chicago] to endow free admission forever. (via)
NYTimes: "The paleontologist Richard Leakey has called their removal a “sacrilege.” Kenyan villagers have said their theft led to crop failure and ailing livestock. It is little wonder, then, that the long, slender wooden East African memorial totems known as vigango are creating a spiritual crisis of sorts for American museums." [more inside]
Art Museum for sale. Rocked by a budget crisis, Brandeis University will close its Rose Art Museum and sell off a 6,000-object collection that includes work by such contemporary masters as Roy Lichtenstein, Andy Warhol, and Nam June Paik. The LA Times makes the Madoff connection.