Word: bakkers
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Dates: during 1980-1989
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...Orthodox Jewish entrepreneur buys the theme park and TV empire from which Jim and Tammy Bakker once transmitted their high- energy evangelistic appeals. But will Christian tourists ever return...
...Fort Mill, S.C., barely a tenth of the rooms were occupied in the Heritage Grand Hotel. Along the adjoining Main Street shopping arcade, stale popcorn was piled unsold in a vendor's cart, and saleswomen without customers knitted listlessly in a crafts shop. Cranes, brought in to construct Jim Bakker's fantasies, stood eerily idle, as they have since scandal struck 19 months...
...negotiated with M.C. ("Red") Benton, the wily PTL trustee named by a federal bankruptcy court, outbidding another Canadian with a $115 million offer. Some $65 million of that is supposed to be dispersed eventually among PTL creditors, the IRS and the 114,200 "lifetime partners" who each gave Bakker $1,000 or more to help develop the ministry...
...Christian cable TV network (sent to 13 million homes, 2 million fewer than before the scandal)? "I have made no decision whatsoever" he told a press conference but said the project, with 1,700 undeveloped acres, is a good investment with excellent "breakup value." The local church that Bakker founded is not involved...
...news and documentary field is more rewarding. NBC has produced 1987: The Unforgettable Year, a 75-minute review of such major news events as the stock- market crash and the downfall of Evangelists Jim and Tammy Bakker, anchored by Tom Brokaw. An ABC-produced cassette on the 1988 Winter Olympics is a well- edited recap of the Games' emotional highlights (and no Dick Button commentary!). And The Confessions of Bernhard Goetz is a surprisingly gripping tape featuring the New York City-subway gunman's actual confession in a Concord, N.H., police station...