Up for Debate: Symphony's woes

Monday, March 25, 2013 at 5:06am

What's your take on the current financial situation of the Nashville Symphony?

Filed under: City Voices
Tagged: Up for Debate

68 Comments on this post:

By: Jughead on 3/25/13 at 12:06


By: Ralphieboy on 3/25/13 at 12:07

well yes bfra, I meant that it doesn't mean that the symphony can't pay what they owe, they just don't want to under the current arrangement.

By: bfra on 3/25/13 at 12:11

IMO, they evidently agreed to the current arrangement & should be made to abide by that agreement. What is everybody decided they didn't want their debts anymore & just stop paying them?

By: Blanketnazi2 on 3/25/13 at 12:13

bfra, I think what Ralphie means is something similar to say, refinancing your home. You still plan on paying for it, you just want to renegotiate the terms.

By: bfra on 3/25/13 at 12:22

Didn't the article state that the symphony is just flat refusing to pay?

By: grid on 3/25/13 at 12:30

Captain Nemo, responding to your 12:11 post, I do agree. If some of my tax $ went to the symphony, I wouldn't mind. But I really hate to think that any of my tax dollars would go to professional sports.

Better yet, I wish I could list out where my tax dollars go (at all levels). That would make me feel better about paying taxes.

By: yogiman on 3/25/13 at 1:12

You'd declare yourself bankrupt 'is' you quit paying your debt, bfra. You may not want your debts, but you'd still owe them. Just say I'm broke and quit paying them.

By: bfra on 3/25/13 at 1:17

2:12PM - Old man with no brains puts more muck on the board. He doesn't have sense enough to know what he is saying but expects everybody else to know,.

By: yogiman on 3/25/13 at 1:17

Beauty is in the yes of the beholder, bfra.... and intelligence is in the mind of the idiot. Which one are you?

By: yogiman on 3/25/13 at 1:24

An interesting article on the 2nd amendment by black Americans.


By: bfra on 3/25/13 at 1:25

2:17PM - How dumb can you be yogi? Dumber every day!

By: BigPapa on 3/25/13 at 1:38

Can't Marth just write them a check and be done with it? She's got like a few billion right?

By: Ralphieboy on 3/25/13 at 1:40

The article isn't clear, but it doesn't appear they have quit paying anything. They have decided not to renew the letter of credit (LOA) with BOA which puts them in technical default on the bonds because the bond indenture requires them to have an LOC. If they renegotiate the terms of the LOC with BOA or get a LOC from someone else they will not longer be in technical default.

By: bfra on 3/25/13 at 1:41

BigPapa - My first thought! She is the one that pushed so hard to get it.

By: yogiman on 3/25/13 at 2:08

An interesting course for you, bfra. //bensguide.gpo/gov/

By: Jughead on 3/25/13 at 2:51

The answer is rap music. Martha gettin jiggy with it, ghangnam style.

By: Ask01 on 3/25/13 at 5:53

While I am more in favor of supporting the symphony than I am any sports team, I must admit I do believe they or their supporters should foot the bill for their upkeep.

Of course, I also believe schools and other public education facilities should be fully funded and supported before any politician draws a paycheck. Like that will ever come to pass.

Considering the cultural contribution of the symphony far outstrips anything offered by professional sports, I would like to see the city take some of the money provided the Titans and Predators and allot that to the symphony.

Another highly unlikely happening until polticians can see some personal benefit.

By: yogiman on 3/25/13 at 6:56

The symphony is much like a sport, not everyone likes a particular sport and not everyone like symphony. And I would argue fewer like the symphony than any sport.