Tuesday, June 02, 2009

He's inspired

Why else would someone call his company Inspiration Network? David Cerullo's father, Morris, bought Jim Bakker's network for $7,000,000 in 1990. Less than twenty years later the Cerullos are sitting on a gold mine that pays them more than $2,000,000 a year and has allowed them to build a 12,000 sq. ft. house with all the trappings and has convinced South Carolina to give them $26,000,000 to build a new broadcast center.

The basic pitch of the network is that if you give money - preferably at least $200 - to the Inspiration Network you'll get money. The pitch appealed to enough people last year so that the network raised $40,000,000.

I told you religion was a good business.

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