Complex finance for churches

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The Wall Street Journal reports (10-7-2006; pg. B3) that churches are venturing into ‘asset securitization,’ which is a fancy term for repackaging groups of church bonds. Strongtower Financial, of California, created various groups of bonds from 28 churches, and resold them to investors.

Managing by the (Good Book)

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Yesterday’s Wall Street Journal (10-9) has an interesting article about a group of executives using the Bible to manage their companies.  Calling themselves the C12 Group, they count more than 500 members. [Link here; regi$tration required] This is very good news, though the article points out a couple of dangers. One is that religion becomes… Read more »

Cloning video.

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Missourians Against Human Cloning has a short video on YouTube, explaining why Ballot Initiative 2 is misleading. Click here. HT: The Corner. Worth 2 minutes of your time to understand the issue; spread the word! [10/16: Robert Novak writes on the video here. HT: the Corner]

Online evangelism

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Kudos to Campus Crusade, who is the first organization I’ve noticed using internet ads for evangelism.  A link to www.godlovestheworld.com, an on-line 4 Spiritual Laws, was in the sidebar of a Washington Times story, which was at the top of the Drudge Report today.  The coverage doesn’t get much bigger on the net. I’ve often… Read more »

A poor substitute for a compensation survey.

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A DelRay Beach, Florida priest told authorities that he had a good reason for embezzeling $400,000 in church donations: he was the underpaid CEO of a multi-million-dollar organization.   “[The Priest] gave his opinion that he was never properly paid by the diocese, he was running a big business and getting nothing for it,” the search… Read more »

Bellevue II

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My post on savingbellevue.com obviously struck a nerve. This little blog is just my musings on life together in local churches, and, occasionally, the hair on Tom Cruise’s baby. I’m obviously not privy to ‘insider’ information at Bellevue. But I do think others can learn a lot by paying attention, and that’s what I tried… Read more »