A Hell Of A Deal

February, 1999

In a little more than seven years, Pat Robertson and his son Tim turned $183,000 into more than $200 million. It was not a miracle.By the late Eighties, Robertson had a not-for-profit, tax-exempt gold mine on his hands. The Family Channel, started up in 1977, was a cable station owned by the Christian Broadcasting Network, which Robertson founded in 1960. In effect, CBN is a church that reaches its flock through the airwaves. Its flagship program, The 700 Club, is a religious talk show hosted by...