Saturday, March 04, 2006
Cultural Center in the News
Over the past month, the Cultural Center has been the subject of several newspaper articles relating to its financial situation. Only recently have priests and laity in Detroit learned that the Archdiocese has loaned the Center $40 million, and that the Center is in a severe financial crisis. These are the articles to date:
Financially strapped archdiocese subsidizes troubled center
National Catholic Reporter - February 3, 2006 (Issue date February 10, 2006)
Maida letter details D.C. site debt
Detroit Free Press - February 4, 2006
D.C. Papal Museum Struggles For Financial Foothold, Focus
Washington Post - Sunday, February 12, 2006
Maida says JPII Center received $40 million from Detroit
National Catholic Reporter - February 17, 2006
Detroit archdiocese investment goes sour
Detroit News - February 19, 2006
D.C. Catholic center falling shy of vision
Chicago Tribune - February 20, 2006
How can Maida salvage his $75-million gamble?
Detroit Free Press - February 25, 2006
Of Business Practices and Accountability - Editorial
National Catholic Reporter - March 3, 2006
Financially strapped archdiocese subsidizes troubled center
National Catholic Reporter - February 3, 2006 (Issue date February 10, 2006)
Maida letter details D.C. site debt
Detroit Free Press - February 4, 2006
D.C. Papal Museum Struggles For Financial Foothold, Focus
Washington Post - Sunday, February 12, 2006
Maida says JPII Center received $40 million from Detroit
National Catholic Reporter - February 17, 2006
Detroit archdiocese investment goes sour
Detroit News - February 19, 2006
D.C. Catholic center falling shy of vision
Chicago Tribune - February 20, 2006
How can Maida salvage his $75-million gamble?
Detroit Free Press - February 25, 2006
Of Business Practices and Accountability - Editorial
National Catholic Reporter - March 3, 2006