December 7, 2007

Donor Pledges $70-Million to Troubled Oral Roberts U.

By PAUL BASKEN

A donor has pledged to give troubled Oral Roberts University $70-million, but on the condition that it reform its leadership. The university's president, Richard Roberts, the son of the founder and namesake, resigned the day after Thanksgiving amid allegations that he had spent thousands of dollars on family gifts and vacations using money from the university and the affiliated Oral Roberts Ministries.

Mart Green, whose family started two retail chains, Hobby Lobby and Mardel Christian

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