L.A.’s MOCA in Meltdown
Los Angeles’ flagship museum dedicated to modern art of the last fifty years may cease to exist. The Museum of Contemporary Art (MOCA), has been incapacitated by a crushing financial crisis of its own making. On November 19, 2008, the Los Angeles Times reported that “The museum has burned through $20 million in unrestricted funds and borrowed $7.5 million from…