The Worthy Adversary
Posted by Joelle Casteix on December 29, 2013
*The article is not available online, hence the repost here.*
My opinion: What a mess. If James Wall were a CEO, he would be fired. But he’s a smart man who has a lot of bishops helping him out. I can’t help but think that Wall’s “bumbling fool” tack is simply an act.
Bishop goes before bankruptcy trustee
Testimony points to few answers, poorly kept records
First in a two-part series
By Elizabeth Hardin-Burrola
ALBUQUERQUE — The Diocese of Gallup’s petition for Chapter 11 reorganization continues to raise far more questions about the diocese’s finances rather than provide answers.
With the initial bankruptcy filing, Gallup Bishop James S. Wall submitted an opening declaration in U.S. Bankruptcy Court stating the Gallup Diocese “is the poorest diocese in the United States” without providing any facts or figures to substantiate that claim. On Nov. 26, Wall submitted a lengthy Statement of Financial Affairs, featuring incomplete documentation of properties in Arizona and New Mexico with reportedly “unknown” real estate value.
Wall’s sworn testimony during an Unsecured Creditors Committee meeting Dec. 19 didn’t provide much more clarification. The public meeting was supposed to produce answers about the diocese’s finances to the largest group of unsecured creditors in the bankruptcy case, survivors of clergy sex abuse.
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