“After weeks of conjecture, the board of the financially strapped Museum of Contemporary Art has voted to accept a $30-million bailout offer from billionaire philanthropist Eli Broad, a founder and life trustee of the museum and the city’s largest arts patron. In addition, MOCA’s beleaguered director, Jeremy Strick, has resigned and MOCA has appointed UCLA Chancellor Emeritus Charles E. Young as the museum’s first chief executive.”