Word: bakkers
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Swaggart, who a year ago had scathingly denounced fellow Assemblies of God evangelist Jim Bakker for committing adultery, did not describe his misconduct...
...financial wreckage from last year is still being added up. At PTL, 1987 viewer revenues plummeted to $41 million from the $96 million of Jim and Tammy Bakker's hyperhustling final year. In one seven-month period, Christian Broadcasting Network revenues fell 32.5%, compared with the same time in 1986 -- a drop that partly reflected the loss of its star, Pat Robertson, to presidential politics. Jerry Falwell's income for March through October was $6 million less than projections. Jimmy Swaggart and Oral Roberts refuse to disclose their 1987 results, but the latter's situation is obviously rocky. Broadcast ratings...
...that this lone crusader was a relatively safe target. The best and earliest lines belonged to Babbitt. "I think everybody is entitled to a comeback try," he cracked. "But in Gary's case, I don't know if the comparison is to Sugar Ray Leonard or Jim and Tammy Bakker. If this weren't so serious, it would be funny. If it weren't so funny, it would be serious...
...financially troubled PTL ministry that Jim and Tammy Bakker abandoned amid scandal last spring heard from its biggest creditor last week. As thousands of claims were filed against the ministry to meet a deadline imposed by a federal bankruptcy court, the Internal Revenue Service came in with its long-awaited bill. PTL accountants had estimated the organization's tax debt at $5 million. That is peanuts compared with the Government's primary claim: $61.8 million, nearly a third of the ministry's $170 million in assets -- a sum that more than doubles the PTL's debt load...
Meanwhile, Jim Bakker, who was defrocked by the Assemblies of God last spring, has been ordained as a minister in the Tulsa-based Faith Christian Fellowship International. Bakker, who lost his ministry after it was learned that he had had sex with a church secretary, did not indicate when he will try to return to the pulpit...