Quote:
Originally Posted by Terry
Where did the money go? I wouldn't be surprised if there were two sets of books. One unofficial and accurate and another official and cooked for government consumption.
|
I doubt the unofficial one was accurate, either. Which is one reason WL's businesses were failures; he forgot his training as an accountant and became convinced he was God's Deputy.
It would be interesting to see all the "rates of return" WL promised the saints, over the years. They were all fantastic, and absurd. I remember hearing something like, "If each one of you would gain two new ones in a year, then in ten years we'll have 150,000 saints, and the Lord will return in 22 years" or some such. He was always tossing out provocative numbers which had no basis in actual human experience.
So schemes like Linco, Daystar, etc were all similarly fantastic, and unrealistic. People were essentially promised the moon, and they got little or nothing, after sons Timothy and/or Philip Lee got their cut.