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Article: Falwell, PTL Directors Step Down in Protest; Judge's Ruling Decried for Offering `Potential' of Bakker Return
- Article from:
- The Washington Post
- Article date:
- October 9, 1987
- Author:
CopyrightThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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The PTL ministry, shaken for months by scandal and a fierce
"holy war" over its destiny, suffered what could be its most serious
blow yesterday when Chairman Jerry Falwell and the full board of
directors submitted their resignations to a federal bankruptcy judge.
The sudden retreat-announced on yesterday's "PTL Club"
program-was triggered by Judge Rufus Reynolds' ruling on Wednesday
that permitted a competing financial plan by allies of defrocked
televangelist Jim Bakker to be submitted to the court.
Falwell said the decision could lead to the return of
Bakker-who, he said, had created "the Watergate of evangelical
Christianity."
The move stunned PTL's 1,200 employes at the sprawling ...