Friday, October 9, 2009
More on KFUO ...
After talking with a herd of Lutherans, I'm discovering a great deal of unhappiness with the pending sale within Church membership.
Most of those with whom I spoke think that there is little to no chance that Gateway will make it through the full term of the sale. Here's a look at their financials from 2007. There seems to be no way that they can parlay listener contributions and the sale of tickets to concerts into a balloon payment totalling almost $18million.
And may I remind the LCMS that even though Kermit Brashear, their attorney, is providing his legal services at no charge, the client who pays his lawyer nothing gets advice that's worth exactly that. What an arrogant, self-important dick this guy is!
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