Sad news coming out of Philly recently. The orchestra is operating at a huge deficit and is headed for bankruptcy. The board is on a media blackout refusing to answer any questions pertaining to the situation. If the board were to declare chapter 11 they would get out of paying musician pensions, making it easier for the orchestra to get back on its feet. The fear is, though, that musicians would go on strike if such a choice were made. A decision is hoped to be reached by Saturday. Read more here: ABC Action News
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