I will give you credit for probably the best attempt at spin on this. But in the end, Cain helped Ms. White with his own money, not church money. Which makes it his wife's business as well.
And as I said earlier, Cain could have defused this by coming clean with his wife before or even when he decided to enter the race. He didn't. No explanation for his failure to plan ahead speaks well of his understanding of what the race to win the GOP nomination would represent.
It doesn't matter if it was his own money, or church money. My late Mother helped people who came to her church in a time of need with her own money.
Would you want your pastor putting your business in the streets whether he helped you out with church plate funds or his own money? What's the difference? None.