hello placebo,
what exactly doesn't make sense to you now?
Realist
JoinedPosts by Realist
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USA: catholic church likely to file for bancrupcy
by Realist inny times: bankruptcy said likely for boston's archdiocese
by pam belluck
oston, dec. 1 the roman catholic archdiocese of boston is likely to declare bankruptcy as a way to grapple with the hundreds of pending lawsuits filed against the church in the crisis involving sexual abuse by members of the clergy, a senior financial adviser to the archdiocese said today.
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Realist
hawkaw,
no problem!
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USA: catholic church likely to file for bancrupcy
by Realist inny times: bankruptcy said likely for boston's archdiocese
by pam belluck
oston, dec. 1 the roman catholic archdiocese of boston is likely to declare bankruptcy as a way to grapple with the hundreds of pending lawsuits filed against the church in the crisis involving sexual abuse by members of the clergy, a senior financial adviser to the archdiocese said today.
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Realist
NY TIMES:
Bankruptcy Said Likely for Boston's Archdiocese
By PAM BELLUCK
OSTON, Dec. 1 The Roman Catholic Archdiocese of Boston is likely to declare bankruptcy as a way to grapple with the hundreds of pending lawsuits filed against the church in the crisis involving sexual abuse by members of the clergy, a senior financial adviser to the archdiocese said today. The archdiocese has been studying the possibility of filing for bankruptcy for months, and The Boston Globe reported today that financial advisers to Cardinal Bernard F. Law unanimously supported the idea because it would be less expensive than continuing to battle the lawsuits in court.
A senior financial adviser, speaking on condition of anonymity, confirmed the report today.
"There are a lot of very, very practical reasons why it makes sense," the adviser said. He said that while Cardinal Law had not yet endorsed the proposal and was unlikely to decide before the end of the year, "he's leaning toward it."
But Roderick MacLeish Jr., a lawyer for the firm Greenberg Traurig, which represents at least half of the plaintiffs, said he believed the archdiocese was trying to pressure plaintiffs lawyers to agree to lesser settlement amounts.
"I think floating this idea out may be part of calculated strategy to say to us, look if you guys don't settle out these cases and back off, then we're going to, for the first time ever, put the archdiocese through bankruptcy," Mr. MacLeish said.
He added: "There is $100 million of potential insurance out there, It's completely premature to consider bankruptcy when the insurance issues have not yet been resolved."Mr. MacLeish said that bankruptcy would not protect the liabilities of individual defendants in many of the cases, including Cardinal Law and several of his former top aides, who are now bishops elsewhere, and that bankruptcy would hurt the church's ability to raise money.
No diocese in the United States has ever filed for bankruptcy, and the action would probably give the public an impression that the church was acknowledging that it was responsible for mishandling abusive priests by continuing to assign them to parishes without alerting parishioners about their past behavior."With some people there's a stigma attached to bankruptcy," the financial adviser said. But he said that after considering the options bankruptcy seemed to be the best choice.
Filing for bankruptcy could allow the church to delay paying plaintiffs for years. A judge would give the archdiocese time to get its finances in order, stopping, for the time being, the progression of pending court cases and the filing of new cases. The release of incriminating church documents in the discovery process would stop, as would depositions of Cardinal Law and other officials.
A federal bankruptcy judge would take the place of Judge Constance M. Sweeney, the Superior Court judge who has been hearing all the cases, who has ruled consistently for the public disclosure of church documents about abusive priests.
In addition, the more than 400 plaintiffs in the pending cases would be subsumed into one group, which would allow for a more uniform formula in settling the cases.
"It would make all the plaintiffs come forward and treat them all equally," the adviser said.
Church lawyers have continued to discuss the possibility of settling the lawsuits without the church having to take such a drastic step as bankruptcy. The most recent meeting occurred last week with about 40 plaintiffs' lawyers and a mediator.
Donna M. Morrissey, a spokeswoman for the archdiocese, said that "no decision has been made with regards to bankruptcy" and that reports suggesting otherwise were "speculative and premature."
"Currently we're in the mediation process, and we plan to continue in that process," Ms. Morrissey said. "Our first priority is to have a fair and equitable settlement for all the victims. We are considering all of our options however."
Like dioceses across the country, the Boston Archdiocese, where the reports of sexual abuse first surfaced, has found itself under intense financial pressure. It is not just a matter of the millions in damages the church may end up paying to the victims. The scandal has led many Catholics to cut back donations.
With more than 400 actions pending against it, the Boston Archdiocese's ultimate financial liability could be tremendous by some estimates, more than $100 million. In September, the archdiocese paid $10 million to settle with 86 plaintiffs.
NOW WHAT ABOUT THE WATCHTOWER??????????????????????????????????????????????????????????????
THERE IS HOPEFULLY SOME LIGHT AT THE HORIZON!!!!! :-)))
Edited by - realist on 2 December 2002 11:59:7
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Simon said,(referring to Jewish discussion)
by cookie inin another thread simon said: .
".....but there is a correct and rational way to discuss and debate this " .
so can we please discuss this.. collectively, there is a lot of insight on this board,and aside from the negativity that was generated,this topic had many facets that were of great interest.
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Realist
cookie,
good post!
i read similar books...the whole genesis account is completely made up (considering the stuff written in there its not quite surprising ). maybe these stories indeed revolve around some tribe leader...but what the hell...who cares?
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Simon said,(referring to Jewish discussion)
by cookie inin another thread simon said: .
".....but there is a correct and rational way to discuss and debate this " .
so can we please discuss this.. collectively, there is a lot of insight on this board,and aside from the negativity that was generated,this topic had many facets that were of great interest.
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Realist
abraham never existed. he was made up about 800bc.
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Spousal Abuse Thoughts
by DakotaRed ini have been having an ongoing discussion with a friend about spousal abuse.
she has come to accept and believe that i have never hit a woman in my life, but feels that i am a rarity.
i contend that i am not, that although too many men still hit their wives, they are in the minority.
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Realist
never hit a woman, never known anyone who did....and i am baffeled by the fact that there are woman who apparently accept getting hit!
i think both should try to please each other ...it cannot be a one sided thing.
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Little man
by qwerty injoke.......from jasper carrott show last night.. i carn't rem exactly how it goes so i will have to add ,.
it show how much people know about jesus and how much the uk isn't a christian country anymore........ i was in a jewelers shop the other day and a young girl was asking what gold chains and pendants they sold.
the assistant asked what sort of pendant she would like.
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Realist
sixofnine,
exactly what i thought!
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Annoited: Not all their family examples so goo...
by WingCommander inwhile i have nothing against the ones that i knew of that were annoited, i found their family examples a little troubling.
i'm sure die hard jw's will respond that this is because satan is tormenting them, much as he did to job.
:( while that might be true, i also found that most ran their families like nazi's, and much of their problems were their own fault!!
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Realist
Hello Wingcommander,
2 questions:
a) who declares one an anointed? or is that a self finding process?
b) are there anointed woman or is this a male previlege?
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Japan Lost 589 Congregations
by metatron inthings must be getting tough for the 'number puffing' theocrats in japan.. .
3802 congregations (1999 yearbook).
3213 congregations (latest report).
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Realist
freedom96,
sadly only the number of congs is decreasing ...the number of JWs is increasing!!! :-((
Edited by - realist on 26 November 2002 17:6:40
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XJWS! Remember your Training, Please!
by metatron ini read so many sad stories on this board about folks who suddenly realize that the.
watchtower is a corrupt cult and then try to bombard their loyal relatives with information.
about the un, the blood fraud, molesters, etc.. big mistake!
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Realist
metatron,
easier said than done. having discussions about this religion with a JW whom you love is quite frustrating...especially when you notice time and time again that they put the org above anything else including you. at one point i just couldn't do it anymore...its better to stop the discussions all together with these people.
OSTON, Dec. 1 The Roman Catholic Archdiocese of Boston is likely to declare bankruptcy as a way to grapple with the hundreds of pending lawsuits filed against the church in the crisis involving sexual abuse by members of the clergy, a senior financial adviser to the archdiocese said today.