Oral Roberts University Receives Huge Cash Infusion

It looks like ORU is headed back into the black after a retail tycoon has pledged to stop up ORU's leaky hull with wads of cash. $70 million to be precise.

Our previous posts here and here tell the sordid story of a scandal that greatly damaged the pious image the evangelical university seeks to uphold.

Donor Mart Green's donation comes with strings. After an initial donation of $8 million, he will appoint two members to sit on ORU's board of regents. Disbursement of the remaining $62 is contingent on a thorough review of the University's finances.

AP