Rogers weve had 29yearolds making 1 million a year, expecting to make 2 million the year after that. Diana ferry but if youve got plastic money, theres Nothing Holding you back. History will prove the bakkers were honest people. Reporter Insider Trading could become wall streets watergate. Pauley what do we call greed the day before an indictment . Im afraid recently, weve called it success. Robinson the u. S. Economy, which used to be the envy of the world, is in the most serious trouble since the Great Depression. Inflation is rising while our standard of living is declining. Thomas there was tremendous inflation and not much growth. The country was not in a Great Depression in 1980, but the United States was in the dumps. Dobyns on wall street, it was cold, gray, wet, and miserable. There was no comfort to be found outside. And for investors, there was not much inside, either. The tickers carried almost nothing but bad news. Mclean wed come off a terrible decade for investing. Peopl
the u.s. economy, which used to be the envy of the world is in the most serious trouble since the great depression. inflation is rising, standard of living is declining. tremendous inflation and not much growth. the country was not in a great depression but the united states is in the dumps. wall street was cold, gray, wet, and miserable. there was no comfort to be found outside for investors there was not much inside. the tickers carried almost nothing but bad news. we would have a terrible decade for investing. people were skeptical of the stock market. it was a sleepy wall street. most economists expect a serious recession with at least 2 million more americans losing their jobs. regret to say we are in the worst economic mess since the great depression. from the first moment of his presidency, president reagan let him know that his top priority is the nation s economy. i put a freeze on pending regulations of the task force under vice president bush to revie
what do we wall greed the day before an indictment? i m afraid recently we ve called it success. the u.s. economy, which used to be the envy of the world, is in the most serious trouble since the great depression. inflation is rising, while the standard of living is declining. there was tremendous inflation, and not much growth. the country was not in a great depression in 1980, but the united states was in the dumps. on wall street, it was cold, gray, wet, and miserable. there was no comfort to be found outside. and for investors, there was not much inside either. the tickers carried almost nothing but bad news. we d come off a terrible decade for investing. people were skeptical of the stock market. it was a very sleepy wall street back then. most economists expect a serious recession, with at least 2 million more americans losing their jobs. i regret to say that we re in the worst economic mess since the great depression. literally from the
has been found guilty on all 24 counts of fraud and conspiracy by a jury in charlotte, north carolina. jones: bakker kept selling lifetime partnerships at heritage usa even though he knew they were oversold. for example, the heritage grand hotel could accommodate only 25,000 partnerships, but 65,000 were sold. and for the lower-priced bunkhouse partnerships, about 7,000 were sold for a building that had only eight rooms. gumbel: estelle pollard sent jim and tammy bakker s ptl club $15 a month for 15 years. she thought that by giving to them, god would ease her pain and that of her ailing husband. i have been one to help make millionaires out of those people when i don t have enough to even live on. jones: bakker could be sentenced to 120 years in prison and fined over $5 million. i would say i feel sad, but encouraged in god. hall: tammy bakker said she could best describe her feelings in song. on christ, the solid rock i stand
we interrupt this program for an nbc news national report. and jim baker, head of the ptl ministry, has been found guilty on all 24 counts of fraud and conspiracy by a jury in charlotte, north carolina. he was selling lifetime partnerships at heritage usa, even though he knew they were oversold. the heritage grand hotel can accommodate only 25,000 partnerships, but 65,000 were sold. for the lower-priced bunkhouse partnerships, 7000 were sold for a building that had only eight rooms. they sent $50 a month for 15 years. she thought by giving to them god would ease her pain and that of her husband. i made billionaires at those people when i don t have enough to live on good baker could be sentenced 120 years in prison and fined over $5 million. the mac i would say i feel sad but encouraged in god.