A Sao Paulo Museum Without Insurance...and Now Without a Picasso

To be filed in the “so sad it’s almost funny” folder here at UnBeige HQ comes this story from the AP: “Brazil Museum: Stolen Picasso Uninsured.” You may have heard the some cunning thieves, “armed with nothing more than a crow bar and a car jack” broke into the Sao Paulo Museum of Modern Art and stole both a Picasso and a Portinari. After that news broke, it was later discovered that not only were those two pieces not insured, neither is anything else in the museum, whose collection is “worth more than $1 billion.”