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Crystal Cathedral files for bankruptcy amid mounting debts

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Scurrilous Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-10 04:47 PM
Original message
Crystal Cathedral files for bankruptcy amid mounting debts
<snip>



"Faced with mounting debts and decreasing donations, the Crystal Cathedral announced today it was filing for bankruptcy protection.

The move came as the Garden Grove church was struggling to pay its bills. “Budgets could not be cut fast enough to keep up with the unprecedented rapid decline in revenue due to the recession,” Senior Pastor Sheila Schuller Coleman said in a statement released by the church.

The church plans a press conference at 3 p.m., according to church spokesman John Charles.

The famed mega-church has suffered from financial troubles in the last year."

http://latimesblogs.latimes.com/lanow/2010/10/crystal-cathedral-files-for-bankruptcy-amid-mounting-debts.html
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Adsos Letter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-10 04:50 PM
Response to Original message
1. {self delete} ...my mistake...
Edited on Mon Oct-18-10 04:56 PM by Adsos Letter
:shrug:
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Amerigo Vespucci Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-10 04:53 PM
Response to Reply #1
2. He's like Abe Vigoda and the guy on the cart in Monty Python & The Holy Grail...
...he announced his retirement in July but he's "not dead yet."

:patriot:
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Adsos Letter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-10 04:57 PM
Response to Reply #2
6. yeah, I had him confused with someone else.
:patriot: :hi:
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flamingdem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-10 04:55 PM
Response to Original message
3. It would make a cool Ikea nt
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Dappleganger Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-10 04:56 PM
Response to Reply #3
5. Funny, the idea of giving everyone in the city a hammer
crossed my mind.
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Dappleganger Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-10 04:55 PM
Response to Original message
4. It's ironic how the church wants their tax break and doesn't
want any government "interference", yet runs to the court system our tax dollars pay for to find a way out of paying their creditors.
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-10 05:00 PM
Response to Original message
7. Maybe they could make it into "Wal-Mart Central" and rule world production and labor from there.
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Ezlivin Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-10 05:02 PM
Response to Original message
8. Did God stop giving?
I guess he's suffering in the recession too.

Or as George Carlin said: "He's all powerful, but he can't handle money!"
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-10 05:06 PM
Response to Original message
9. Hideous...
I've always hated that church... I drive by it from time to time, and think about all the starving and homeless children that could have benefited from the money that horrid place cost to build.

Jesus spoke from mountaintops and seashores... I thought that was a big hint as to how he wanted things run in his absence.

"If Jesus saves, well he better save himself... from the gory glory seekers, who use his name in death." - Jethro Tull
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Yeahyeah Donating Member (741 posts) Send PM | Profile | Ignore Mon Oct-18-10 05:07 PM
Response to Original message
10. This makes me mad enough to strangle a flight attendant..
Have a high ticket priced rock throwing party,then make goblets and stuff out of the remains.Holy goblets and stuff that God wants people to buy.
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-10 05:13 PM
Response to Original message
11. Well...
HAHAHHa hAHAHA hAHAH aHhahahahah HAHAHAH AHAHhahahahahh AHAHAHAHAHaHah

:rofl:

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hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-10 05:31 PM
Response to Original message
12. Disney should buy it and make it the Church of Micky Mouse.
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blueknight Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-10 06:04 PM
Response to Reply #12
13. if thet can file bankruptcy
then they are a BUSINESS. period! why should they get tax free status?
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