Monday, October 3, 2011

Slavery Museum Succumbs to Debt Slavery (Musical Tribute)

October 1, 2011
Dreams for National Slavery Museum caught in bankruptcy

The museum reported being $54,690 in the black for the year, with net assets valued at $17,581,765.

Four years later, the museum's bankruptcy filing in the Eastern District of Virginia puts estimated liabilities between $1 million and $10 million, with creditors' unsecured claims totaling $3,233,784.

October 1, 2011
Shackled again

Eighteen years on, the museum—planned for a bluff overlooking the Rappahannock River in Fredericksburg, a tidy redbrick town midway between Washington, DC, and Richmond, Virginia’s capital—is nothing more than an architectural rendering. The chances of its ever being built have now been further diminished by the embarrassment of bankruptcy.


Audrey said...

Where do you find this stuff!
This irony is thick enough to cut with a knife.

Stagflationary Mark said...


I almost didn't post this one for fear that people would take it the wrong way.

I could not resist the temptation of the gallows irony though.