Tag Archives: pension

Public appeal to save Wedgwood collection

Posted on: September 8, 2014 by Alexander Herman

The 80,000 piece collection of porcelain, paintings and other cultural objects that formed the Wedgwood Collection at Stoke-on-Kent is in jeopardy of being broken up and sold piece by piece at Christie’s auction house. In order to offset part of the £134 million pension deficit owed to former employees of Waterford Wedgwood Plc, the High Court ordered […]

Detroit and its art: an overview

Posted on: May 29, 2014 by Hélène Deslauriers

The City of Detroit is bankrupt. It owes $18 billion, including $3.5 billion in pension obligations. But the City of Detroit also owns the Detroit Institute of Arts (the ‘DIA’), which houses one of America’s richest art collection, the sixth largest in the USA. It boasts works by Degas, Van Gogh, Matisse, Brueghel the Elder and the […]