City Helps Save San Francisco's Asian Art Museum from Debt Crisis

Toward the middle of November, it looked as though San Francisco’s Asian Art Museum was joining so many other cash-strapped, heavily in debt museums like it that have closed over the past couple of years and was breathing its last breaths. Facing not just bankruptcy but possible closure as well, the museum was finding that it was going to have a difficult time paying back the $120 million in loans it had borrowed over the past five years.