Appearing back, Jerry told you their dad followed militant stands facing drinking and you will homosexuality to prove to his spouse that he was a conservative Religious
During the summer away from 1988, Falwell Sr. called Jerry on a meeting and you will found a bad wonders: Liberty is to your brink regarding bankruptcy proceeding. Jerry is actually stunned. From the the profile, the school is actually thriving. Enrollment is actually doing cuatro,five-hundred. Design try doing to your a great 12,000-seat football arena and an excellent 9,547-chair basketball stadium. Unbeknownst in order to Jerry, his father got borrowed hundreds of thousands to invest in the breakneck expansion and you can didn’t come with foreseeable means to fix repay brand new money. Earnings on the Old time Gospel Hr-Liberty’s chief investment provider-had been plunging. Falwell told Jerry the guy anxiously called for help reorganizing Liberty’s personal debt otherwise he’d clean out the new college, chapel, and television reveal.
The whole Christian broadcasting globe is actually drawing throughout the 1987 sex scandal one produced down televangelists Jim and you will Tammy Faye Bakker
Jerry grabbed a workplace during the Freedom down the hallway of their father. Continue reading