Word: bakker
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Dates: during 1990-1999
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...stands variously for Praise The Lord or People That Love, but PTL, the former evangelistic empire of Jim Bakker, has recently spelled nothing but trouble. In its heyday, PTL operated the biggest all-day, all-God TV network and reached 14 million cable households, in addition to controlling a theme park and retirement village. But its founder's fall and imprisonment shattered the empire and left it bankrupt. Last week it got a new -- and quite unexpected -- owner...
Cerullo won out because the new bankruptcy trustee, Dennis Shedd, preferred to unload all the PTL remains as a unit. Roberts wanted only the TV network, while Cerullo was willing to offer a total of $52 million for all of Bakker's former empire. There were five other eleventh-hour bidders, including a secular TV-ad broker who offered $8.35 million for the cable operation. But Cerullo is the rightful heir, his lawyer pleaded, because "the men and women who created that partnership were Christians." A court hearing on the non-TV transaction will be held next month...
...Tammy Bakker and Jimmy Swaggart are nationally known Christian leaders who have fallen from their pedestals. I know you have no desire to judge them, but what accounts for their fall...
...that at the National Religious Broadcasters ((convention in Washington)) about four or five years ago, in a major address I gave them. I do not know whether Jimmy Swaggart was there, but Jim Bakker was there...
Leland said he started the book shortly after the Jimmy and Tammy Fay Bakker and Jimmy Swaggart scandals broke, at a time when he "had become fascinated with Christian television." Leland's fictional televangelists, Ted and Becky Standish, though meant to be reminiscent of the Bakkers, were not meant to be representative of them, he said...