The news that the Crystal Cathedral had filed for bankruptcy protection made for an instant sensation. The church established by Robert Schuller, the very prophet of “Possibility Thinking,” was now forced to seek protection from its creditors, listing $55 million in debt, including a $36 million mortgage.

The Los Angeles Times ran “Cracked Crystal” as a headline. The New York Times reported that the “landmark megachurch” would continue, even as it sought protection from its impatient creditors. From coast to coast, the news traveled fast.

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