"The deal would raise roughly $500 million from a consortium of national and local charitable foundations and funnel the money into retiree pensions on behalf of the value of the art at the DIA." (UPDATED)

A grand bargain in Detroit?

UPDATE:  The Art Market Monitor says the discussions are "a reminder to the shrieking and fretting arts writers who framed the issue as a moral cause when it was a political fight between various Detroit-area constituencies."

And applause from the DIA.