More on Art and Banks

It appears that ABN AMRO (my former bank) is also laying claim to Louis Reijtenbagh's art collection and filing suit in anticipation of a potential bankruptcy and competing claims by J.P Morgan/Chase.

Of course it will be the museum(s) that will suffer the unintended consequences of these losses and potential gains of the banks, unless they show some generosity of spirit and permit the museum(s) to hold and house the works of art.

What an economic mess we are in!

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