ABC News issued a long overdue public apology to Frederick K.C. Price for painting him in an opportunistic light. Four years ago, it aired a misleading report about the founder of Crenshaw Christian Center in Los Angeles.
Correspondent John Stossel reported the story "Enough!" on the network's popular 20/20 and Good Morning America programs in March 2007. The premise of the segment was to explore ministers of large churches who use donations to support their lavish lifestyles.
ABC aired a 10-second video clip of a sermon in which Price said: "I live in a 25-room mansion, I have my own $6 million yacht, I have my own private jet, and I have my own helicopter and I have seven luxury automobiles." The problem was, ABC took the video out of context to support its story. The network division admitted it misled its audience and failed to live up to its own news-reporting standards.
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