Was Day Star poor judgment or fraud?
Daystar is a critical event in the early history of the LRC in the USA. This event should reveal whether WL merely had poor business acumen or was a fraud.
In looking at this case I would like to focus on WL's actions, not his words.
1. As a business venture promoted to the Saints was this done legitimately, in a way that was above reproach?
2. Was the business carried out in a way that was fully transparent and beyond reproach?
3. When the business failed was a complete and thorough audit done by an independent auditor so that there would be no appearance of evil?
4. Was restitution made so that even though the business suffered a loss, this loss was shared equally by all investors?
5. Was there a public reflection on the errors made with a thorough repentance so that these errors were not repeated?
To me these are the five requirements I have for a man of faith who makes an error due to bad judgment.
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