Re: Two *billion* dollars??

Martin Poulter (plmlp@mail.bris.ac.uk) wrote:
: I have heard a rumour recently that the Scientology organisations share
: investments and cash reserves with a total value aproaching two billion
: dollars. I am not able to check up on this myself, so I wonder if any of
: our resident scientology staff could clarify this? (NB: I'm not interested
: in flat denial; nor is anyone else in this newsgroup. We want to see
: documents explaining the true financial situation.)

: If it is true that this huge sum of money is being built up (of course it
: might not be), what purpose does it serve?
: What does a *church* want with two billion dollars?
: --

Does this make sense? Hubbard had skimmed perhaps 300 million by '86. I presume this money is still under the control of CoS. Assuming he got about half of it, then CoS would have had about 600 million at that point. Even rather poor asset management would bring that to 2 billion by now, so the number is reasonable. Keith Henson (no wonder they can pay Gene 700k a year. He should ask for a raise!)