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Time - Man of the Year
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Time_Man_of_the_Year_Compact_Publishing_3YX-Disc-1_Compact_Publishing_1993.iso
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011392
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1992-08-28
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PEOPLE, Page 64Moonset?
By MICHAEL QUINN
His followers liken the rise of Korean cleric Sun Myung
Moon to the coming of the Messiah -- and certainly he spends
money like there's no tomorrow. Rushing in where angels fear to
invest, Moon's Unification Church has poured manna into such
profitless enterprises as the conservative Washington Times
($800 million so far) and an idle Chinese auto plant ($250
million). Now there appears to be a falloff in fresh converts,
leading some Moon watchers to wonder, Does his church have a
prayer? Banks in Seoul are cracking down on loans to the
reverend's empire as shares in Moon enterprises have become the
laughing stock of the South Korean exchange. But a PBS expose
airing this month, produced by video-gadfly Globalvision,
suggests that, as has long been suspected, political power, not
profit, is Moon's goal -- and that he is quietly achieving it.