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Philadelphia Orchestra's Financial Troubles Aren't Over Yet
"More than nine months out of bankruptcy, it's still a struggle to get past living hand-to-mouth. A few months ago, leaders believed they had only enough cash to get them comfortably through mid-April. Now the 'pinch point,' where cash dips below a safe margin of $1.9 million, is mid-August, chief financial officer Mario Mestichelli said."
The Philadelphia Inquirer 04/22/13
Posted April 23, 2013 12:55 AM
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