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Riley tracked down Presidential Candidate Pat Robertson and other preachers. "In the wake of the PTL scandal, some of the loudest calls for openness and accountability have come from the televangelists," notes Riley. Indeed, some offered thin press releases and unrevealing brochures to show good faith. That only indicated, as this week's stories attest, that most TV ministries have a long way to go before their financial disclosures are as effective as their preaching...

Author: /time Magazine | Title: A Letter From the Publisher: Aug. 3, 1987 | 8/3/1987 | See Source »

Based in Virginia Beach, Southern Baptist Pat Robertson, 57, formerly presided over a daily talk show (The 700 Club), his Christian Broadcasting Network (CBN) and a graduate school. (All those activities are now run by subordinates while Robertson campaigns for the Republican presidential nomination.) His ministry's activities earn some $183 million annually. In Tulsa, Oral Roberts, 69, a member of the United Methodist Church but Pentecostal in style, oversees daily and weekly television shows and presides over a $500 million complex, including the 4,650-student Oral Roberts University and the City of Faith Hospital. Annual budget: some...

Author: /time Magazine | Title: Religion: Enterprising Evangelism | 8/3/1987 | See Source »

...these entrepreneur-preachers have been hit hard, at least temporarily, by the PTL scandal. Swaggart says that in April and May he ran a $3 million deficit; the June gap was a little over $1 million. In June, Robertson's CBN reported $12 million in lost revenues for the three-month period ending in May and projects a $21 million shortfall through next March. The Roberts organization has admitted that monthly donations to the ministry dipped from $4.5 million to about $3 million in April and May. Falwell has reported a $4 million deficit in the wake of the scandals...

Author: /time Magazine | Title: Religion: Enterprising Evangelism | 8/3/1987 | See Source »

...households tuning in to Swaggart's weekly show dropped from 2,161,000 to 1,759,000. Robert Schuller's Hour of Power lost 191,000 households, dipping to 1,507,000. Oral Roberts dropped 155,000 households, to 994,000. Jerry Falwell's Old Time Gospel Hour and Robertson's daily 700 Club just about held even. The only gainer of the group, ironically, was The ptl Show, which climbed from 250,000 to 302,000 households. That increase may have been due to curiosity seekers or to Falwell supporters who tuned in after the Fundamentalist minister took over...

Author: /time Magazine | Title: Religion: Enterprising Evangelism | 8/3/1987 | See Source »

...North was on neither the football squad nor the basketball team (he did sit on the bench, though, as a basketball statistician). Instead, he took up a sport in which his determination could overcome his lack of natural skills: cross-country running. "He was a plugger," recalls Russell Robertson, North's coach. "His desire pushed his ability." Always the good soldier, North was willing to sacrifice individual glory for the sake of the team. "If we needed points and would get more by putting him on the relay team," says Robertson, "we could change him around. He was the type...

Author: /time Magazine | Title: True Belief Unhampered by Doubt | 7/13/1987 | See Source »

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