Article: FALWALL, BOARD QUIT PTL AFTER BANKRUPTCY RULING.(Main)

Byline: G.G. Rigsby Associated Press

PTL Chairman Jerry Falwell and his 10-member board resigned Thursday, and Falwell said he feared defrocked leader Jim Bakker could return and make the ministry "the greatest scab and cancer on the face of Christianity in 2,000 years."

The resignations were prompted by a court ruling Wednesday that allowed PTL's creditors and contributors to file a competing plan for reorganizing the ministry, which is plagued by more than $60 million in debt.

Bakker, in a news conference at his mountaintop retreat near Gatlinburg, Tenn., said he would return to the ministry if invited to do so by its creditors. Bakker said ...

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