A U.S. trustee in California questioned the salaries and housing expenses of employees of a Protestant ministry going through federal bankruptcy proceedings.
The Justice Department Trustee, working in an administrative role with the bankruptcy court in Santa Ana, found particularly unnecessary a $132,019 housing allowance for Fred Southard, the chief financial officer of Crystal Cathedral Ministries in Garden Grove, the Orange County Register reported Thursday.
The trustee also questioned a $70,000 annual salary for Gretchen Schuller Penner, the youngest daughter of Crystal Cathedral's founding family headed by Robert H. Schuller. Penner produces "Hour of Power" broadcasts.
An objection was filed to the $55,000 annual salary for Neyva Penner Klaassen, Gretchen Penner's daughter, who assists with musical guest scheduling for the "Hour of Power" programs.
Jesse Litvak was ecstatic. It was March 31, 2010, and the mortgage bond trader at Jefferies...
If you thought the potato-salad Kickstarter story was a crazy example of free markets run amok,...
