Detroit Crisis Could Put DIA Collection At Risk

May 24, 2013

“A municipal bankruptcy of this scale is unprecedented. So, I don’t know that we understand how exactly this will play out. We are— however—confident that the city and the Emergency Financial Manager understand that to dismantle the DIA would damage the city, not help the city.”

—Annemarie Erickson, Executive Vice President of the DIA

Detroit's emergency financial manager has advised the Detroit Institute of Arts that it could be exposed to creditors if the city is forced to file for Chapter Nine bankruptcy. A spokesman for EFM Kevyn Orr says he has no interest in selling any of the artworks at the DIA, a process that would be very complicated. WDET's Pat Batcheller spoke with DIA Executive Vice President and Chief Operating Officer Annmarie Erickson about it. Click on the audio link above to hear the conversation.