Good afternoon. Long time lurker, first time poster here.

I've been reading a bit about the budget woes and staff cuts the Detroit Institute of Arts has been dealing with lately. There's a question that's really bothering me. I understand the museum is owned by the City of Detroit. I think it's wonderful that the people of Detroit own such a jewel. However, if Detroit files bankruptcy, as it appears it will sooner or later, what will happen to the DIA? I have nightmares of them auctioning off the Rembrandts and Van Goghs to pay Detroit's bills. The DIA is an absolutely irreplaceable resource.

Does anyone know how a Detroit bankruptcy would affect the DIA?