Getty Trust to Slash Budget as Investments Tumble
Its portfolio dropped 25% during the last half of 2008, from $6 billion to $4.5 billion.
"Everything is on the table," Wood said of the blog's calls for lower executive salaries and a toll on board membership, but he added that the Getty's problem was too big to be solved by such "piecemeal" measures.
A respected art historian and museum director, Wood ran the Art Institute of Chicago from 1980 to 2004.
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