Chapter
Overspending on a Houseboat
59:27 - 1:05:02 (05:35)
The host talks about Jim and Tammy Faye Bakker's overspending on a 43-foot houseboat, which was purchased using $6,000 of PTL's money after going $2.5 million over budget on their previous project.
Clips
PPL's founder promised the construction company that they wouldn't fall behind $500,000 in payments, but by month three they were $2 million in debt and failed to secure a $50 million loan.
59:27 - 1:00:59 (01:31)
PPL
Summary
PPL's founder promised the construction company that they wouldn't fall behind $500,000 in payments, but by month three they were $2 million in debt and failed to secure a $50 million loan.
ChapterOverspending on a Houseboat
EpisodePart One: The Rise And Fall (And Rise) of Arch-Grifter Jim Bakker
PodcastBehind the Bastards
Jim Bakker, after firing employees, used $6,000 of PTL's money for a down payment on a houseboat and also spent company money on fancy toys for himself.
1:00:59 - 1:03:08 (02:09)
Jim Bakker
Summary
Jim Bakker, after firing employees, used $6,000 of PTL's money for a down payment on a houseboat and also spent company money on fancy toys for himself.
ChapterOverspending on a Houseboat
EpisodePart One: The Rise And Fall (And Rise) of Arch-Grifter Jim Bakker
PodcastBehind the Bastards
The speaker tells a story about their new house with a lake view and how it was a miracle that they were able to afford it.
1:03:08 - 1:05:02 (01:53)
Miracle
Summary
The speaker tells a story about their new house with a lake view and how it was a miracle that they were able to afford it.