American Greed: Baptist Foundation of Arizona

Comment: Note news but I'm watching this story on CNBC tonight. (I'm not bashing Baptists (hey I'm a Baptist) but still a worthwhile read.) The CNBC program is always interesting. 10 years ago I could have easily been sucked into an investment like this.

American Greed article

Phoenix Times article

Wiki article

Final comment: One of the reasons I believe in full financial accounting by Christian organizations. If they don't disclose what is being hidden?