Monday, May 14, 2012
25 years ago: PTL gives Jim Bakker the left foot of disfellowship
On April 28, 1987, Rev. Jerry Falwell, who had replaced Rev. Jim Bakker as chairman of the PTL organization when Mr. Bakker had resigned in March because of a sex scandal, announced that the PTL board of directors had cut off all income to Mr. Bakker and his wife Tammy Faye; had obtained the resignation of Rev. Richard Dortch, PTL president and a longtime associate of Mr. Bakker; and stopped payments from a $265,000 fund established for Jessica Hahn, the church secretary with whom Mr. Bakker had had sex in 1980. Mr. Falwell said that PTL was $50 million in debt.