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...Bakker may be officially defrocked from the ministry, but he demonstrated . last week that he has lost none of his preacher's skill at summoning up a supportive Bible verse. He recited the above words from Psalms 38: 12 during the second of two remarkable performances on ABC-TV's Nightline show, capping a soap opera-like, ten-week saga of money, power and sex that has transfixed skeptic and believer alike. Flanked by his moist-eyed wife Tammy Faye, Bakker informed Nightline Host Ted Koppel and his television audience -- the largest in the show's seven-year history -- that...

Author: /time Magazine | Title: Religion: Of God and Greed | 6/8/1987 | See Source »

...displaced the Iran- contra hearings on Cable News Network. Falwell fumed that Bakker "either has a terrible memory, or is very dishonest, or he is emotionally ill." He portrayed Bakker as a man consumed by avarice and said that he had documented evidence of homosexual misconduct by the fallen preacher...

Author: /time Magazine | Title: Religion: Of God and Greed | 6/8/1987 | See Source »

...Ronald Reagan has contributed to the current mood of laissez-faire laxness. Of course, the President, who finds such difficulty in taking responsibility for the conduct of his own National Security Council, cannot be blamed for the indiscretions of a Democratic presidential candidate and the peccadilloes of a popular preacher. But moral leadership "should come from people in public office," argues Sissela Bok, a professor of philosophy at Brandeis University. "Aristotle said that people in government exercise a teaching function. Among other things, we see what they do and think that is how we should act. Unfortunately, when they...

Author: /time Magazine | Title: What's Wrong | 5/25/1987 | See Source »

...owners contend that Wal-Mart's cut-rate prices have helped wipe out Main Street shopping. In the past, Wal-Mart's conservative management has drawn some flak for being too slow to promote women, which the company says is untrue, and for being too quick to submit to Preacher Jimmy Swaggart's plea to ban rock magazines like Rolling Stone from store racks...

Author: /time Magazine | Title: Make That Sale, Mr. Sam Wal-Mart's | 5/18/1987 | See Source »

With some of Bakker's followers clamoring for his return, Falwell talked openly of walking away from the troublesome mess. After some soul-searching, the Lynchburg, Va., preacher took decisive command, declaring that Bakker's "ministry here has ceased" and ordering a thorough housecleaning. The PTL board ended further pay to the Bakkers, who reportedly had drawn an astounding $4.6 million in compensation since 1984. A royalty arrangement on the books and records that Tammy and Jim produced at PTL will be negotiated. In addition, the board ousted Bakker's former top aide, Richard Dortch, who had succeeded Bakker...

Author: /time Magazine | Title: Religion: Taking Command at Fort Mill | 5/11/1987 | See Source »

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