AirTalk for December 23, 2008

MOCA Accepts Broad's Bailout

The financially troubled Museum of Contemporary Art in Los Angeles has accepted a $30 million bailout from billionaire Eli Broad. In a deal announced today, Broad proposed to match donations to the museum's endowment up to $15 million and to give $15 million over five years toward exhibitions. Larry talks about the future of one of LA most important arts institutions with L.A. Times staff writer Diane Haithman and MOCA Board of Trustees co-chairs Tom Unterman and David Johnson.


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