Please bear in mind that this is a "corporate" report for ONLY
the Watchtower Society of New York, which publishes magazines, books and the like. Kent is quite right in noting this is SALES revenue, possibly not up to date because it lists Milton Henschel as president rather than Max Larson. This is the revenue they LET you see. They have been masters at hiding money, for a very long time.Remember that the Watch Tower Society of Pennsylvania has considerable revenue from a number of sources, including convention "contributions." I believe Expatbrit posted some specifics awhile back.Someone ought to put all the figures together for BOTH corporations.As to Jayhawk's question, let it be noted the Society has been extremely inefficient, despite the stories to the contrary. Maximus has quoted George Couch as saying "one half the Bethel family supported the other half." They've been chopping away at costs for over a year now, all over the world. They were extremely cash rich for awhile. While they made a killing when the U.S. market was in its heyday, they also experienced its losses. Insiders have reported the Society has been very good at hiding money.Expect to see increased calls for "relief" donations. Has anyone pictured the Brooklyn Boyz in Money yesterday? Which stocks did they sell? One they will hang onto is Biopure, maker of Hemopure. "Cow's blood--not just for pagans any more."
the Watchtower Society of New York, which publishes magazines, books and the like. Kent is quite right in noting this is SALES revenue, possibly not up to date because it lists Milton Henschel as president rather than Max Larson. This is the revenue they LET you see. They have been masters at hiding money, for a very long time.Remember that the Watch Tower Society of Pennsylvania has considerable revenue from a number of sources, including convention "contributions." I believe Expatbrit posted some specifics awhile back.Someone ought to put all the figures together for BOTH corporations.As to Jayhawk's question, let it be noted the Society has been extremely inefficient, despite the stories to the contrary. Maximus has quoted George Couch as saying "one half the Bethel family supported the other half." They've been chopping away at costs for over a year now, all over the world. They were extremely cash rich for awhile. While they made a killing when the U.S. market was in its heyday, they also experienced its losses. Insiders have reported the Society has been very good at hiding money.Expect to see increased calls for "relief" donations. Has anyone pictured the Brooklyn Boyz in Money yesterday? Which stocks did they sell? One they will hang onto is Biopure, maker of Hemopure. "Cow's blood--not just for pagans any more."