Dec 3, 2007

$500 million in payouts...today!

The Los Angeles Times online report (click on this post's title) today about now-ex-priest Michael S. Baker pleading guilty to [homo]sexually abusing two altar boys contains these two sentences:

"The developments in Baker's case coincided with the [C]hurch's first settlement checks to hundreds of alleged abuse victims. More than $500 million in payments was expected to be made today."

Could have built two-and-a-half new cathedrals with that kind of money.

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