Here's what I think: from the Syncora viewpoint, "the fix is in" with this Detroit bankruptcy
proceeding. I think Syncora will appeal it to the point of exhaustion. I think if they win on
appeal the DIA collection will be clawed back from the Grand Bargain, assessed as to its
fair market value which will most certainly be more than its Grand Bargain valuation, and
partitioned and sold so that Syncora recoups some of its money. In this scenario the
Grand Bargain art donors might get their money back from the retirees and the retirees
will be back to two thirds pensions with no recourse since they approved the Grand Bargain.
I'm not sure. They might be stuck having given their money to the retiree pension funds
and not being able to save the DIA art after all.