Escalation: Kennedy Center warns of imminent bankruptcy closure
The John F. Kennedy Center for the Performing Arts warned it is on the brink of bankruptcy and could close as soon as Tuesday, Sept. 15. A draft resolution prepared for the board says the institution faces financial collapse within weeks.
The warning ties the center’s survival to restoring Donald Trump’s name to the building, saying closure can be averted only if his name is added back in some form. The board meets Tuesday as a judge considers whether the name should remain off the facade, and Trump chairs the board of trustees.
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