“Robert Swagger, the chief executive of Veriana, … said that because his company’s exchange, which cost more than $10 million to develop over the last three years, and its first contract had been approved by the Commodity Futures Trading Commission, he believes they should be ‘grandfathered’ into law.”
Tag: 06.23.10
LACMA To End Fiscal Year With Surplus, Boost Spending
“[I]f the ‘double-dip’ recession that some economists fear should occur, LACMA is prepared to repeat the drill from the recent downturn by curtailing spending to avoid large deficits. The hiring freeze has been removed, [LACMA President Melody] Kanschat said, but the coming year’s budget calls for adding just three positions to the current staff of 325.”
UCLA Live Officially Drops Its International Theatre Fest
“The series will offer a reduced number of individual performances in dance, jazz, world music and more — 47 this season, down from 85 performances last year. But the entire theater festival was a casualty of budgetary and other economic factors.”
Calgary Ballet’s Elton John Extravaganza Gets The Man’s Blessing For Tour
“John had given … the approval to show the ballet” – called Love Lies Bleeding – “in Alberta only. Once it was staged in Calgary and Edmonton, John would weigh in on whether the production was good enough to tour elsewhere. The stakes were high: At $1.1-million [Cdn], the ballet’s budget had doubled from its original estimate.”
NY Philharmonic’s Next Piece Of Cultural Diplomacy: A Tour To Georgia
Violinist Lisa Batiashvili, one of the Caucasian republic’s most famous musicians, “asked the orchestra if it would be interested in visiting. It said yes. A week later she called the president, Mikheil Saakashvili, and in minutes, the deal was done.”
What To Do With A Famous Cemetery That’s Full? Turn It Into An Arts Venue!
“Green-Wood Cemetery in Brooklyn, the resting ground for such 19th-century titans as jeweler Charles Lewis Tiffany and pianist Louis Moreau Gottschalk, is running out of its main source of revenue: burial plots. To keep it alive, the 200-year-old cemetery’s president, Richard Moylan, turned it into a nonprofit that gives guided tours and hosts cultural programs and art exhibits.”
Ground Zero Arts Center One Step Closer To Reality Thanks To $44M Deal
“The Port Authority of New York and New Jersey on Tuesday approved an agreement under which the city [of New York] will reimburse the authority up to $44 million for building underground foundations and infrastructure for a performing arts center at ground zero.”