Bankruptcy
Aug. 3, 2011
Glimmer of hope for Crystal Cathedral: Raise $50 million
Robert H. Schuller's Crystal Cathedral Ministries said it will try to raise $50 million in donations in 120 days to rescue its landmark church from bankruptcy.
Daily Journal Staff Writer
SANTA ANA - Robert H. Schuller's Crystal Cathedral Ministries indicated it will try to raise $50 million in donations in 120 days to rescue its landmark church from bankruptcy.
At least three bidders - including Chapman University and the Roman Catholic Diocese of Orange - have offered $50 million to purchase the cathedral's land and core buildings, including the Philip Johnson-d...
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