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To: sweetliberty
Is it just me or are all these programs talking WAY too much about the issue with the Catholic church?

This is a major business story. The Catholic Church is a major religious and Educational enterprise. it is a non profit that depends on donations because it does not have a sufficient endownment. The scandal has put the brakes on large donations. People may put money in the box to pay the day to day costs of their church, their priest, but the large bequests have pretty much stopped. At the same time the Church is probably going to face a Billion dollars in judgements. It doesn't have the money. It will be forced into bankruptcy. That means a conservator appointed, assets sold off, people fired in vast numbers. How will the workout and recovery be done?

So9

566 posted on 04/25/2002 8:10:29 PM PDT by Servant of the Nine
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To: Servant of the Nine
Not Catholic...but your scenario seems a bit doubtful.

They'll survive because they're finally dealing with it.

They're sometimes slow, but they have a knack for landing on their feet. Not to mention they do some pretty good stuff.

567 posted on 04/25/2002 8:18:53 PM PDT by Windshark
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