During the government of president Juscelino Kubitschek, Caixa Econômica Federal granted a mortgage to honor the financial obligations of the institution and secured the mortgage with its art collections. Years later, in the 1970s, the museum’s debt with the Brazilian government was negotiated and paid off. Assis Chateaubriand wouldn’t get to see the inauguration of the Museum of Art new constructing. The media empire which he developed had also been going through difficulties because the starting of the Sixties. Growing money owed and the competition within the media market by Roberto Marinho’s press conglomerate – triggered the scarcity of the funds which had permitted the gathering of the collection.
