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| re: Alberto Vilar asks for a break | |
| Posted by: JereNYC (JereNYC@aol.com) 04:59 pm EST 03/08/21 | |
| In reply to: re: Alberto Vilar asks for a break - singleticket 04:48 pm EST 03/08/21 | |
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| If the money is spent, I don't think there's anything that they can do, except do exactly what the Met and the Royal Opera have already done and remove the donor's name from wherever it's been enshrined. The donation was accepted in good faith and the money spent, so I don't think there's any recourse to go after these arts organizations to return millions of dollars that they don't have. If the money is sitting in escrow somewhere or if it could be proven that the arts organization was aware that the money was dirty or was in on the scheme to defraud investors in order to get that money, it might be a different story. | |
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| re: Alberto Vilar asks for a break | |
| Last Edit: singleticket 06:41 pm EST 03/08/21 | |
| Posted by: singleticket 06:40 pm EST 03/08/21 | |
| In reply to: re: Alberto Vilar asks for a break - JereNYC 04:59 pm EST 03/08/21 | |
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| ...if it could be proven that the arts organization was aware that the money was dirty... Thanks, that's what a lawyer acquaintance of mine just told me and I'm sure that would be very difficult to prove. If it was easy global capitalism would end in a minute. |
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| re: Alberto Vilar asks for a break | |
| Posted by: ryhog 07:23 pm EST 03/08/21 | |
| In reply to: re: Alberto Vilar asks for a break - singleticket 06:40 pm EST 03/08/21 | |
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| in the case of the Met (I can't speak to any of the others) the money had been pledged but never received (actually I think a portion was but at the "giving level" that gets entire tiers named after you). Some of you may recall that a former president (of our country, no less) made lots of pledges (not to the Met I feel confident) that were never fulfilled. | |
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