Louisville Orchestra is in Chapter 11, and the musicians claim it shouldn't be.
Once again, the classic mistake of mistaking assets for cash flow rears its head.
Speaking of assets and cash flow: Indianapolis Symphony is deeply in the red, with its endowment crushed by the downturn, and Zimbambwe Ben making damn sure no organization can earn interest on what endowment remains.
Good luck to them both, here in the age of The New Normal...
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