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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...

Author: /time Magazine | Title: Time Magazine Contents Page | 10/17/1988 | See Source »

...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...

Author: /time Magazine | Title: Religion: Tuesday, The Rabbi Bought PTL | 10/17/1988 | See Source »

...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...

Author: /time Magazine | Title: Religion: Tuesday, The Rabbi Bought PTL | 10/17/1988 | See Source »

...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...

Author: /time Magazine | Title: Religion: Tuesday, The Rabbi Bought PTL | 10/17/1988 | See Source »

...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...

Author: /time Magazine | Title: Video: Freaks, Dorfs and Betsy Wetsy | 7/4/1988 | See Source »

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