Subscribe to Christianity Today
Subscribe to Christianity Today
Donate to Christianity Today
login | my account
February 13, 2012

Home > 2001 > June (Web-only)Christianity Today, June (Web-only), 2001
Pestilence and Famine at Crosswalk.com
"Billy is back, the Roman Coliseum was really, really bad, and links to more than 110 other religion and ethics news stories from around the world."

A bad week for Crosswalk.com
It's been a rough week for Christian Internet site Crosswalk.com. First, it disclosed that its CEO, Scott Fehrenbacher, was "named in criminal proceedings in Orange County, Florida." If that sounds odd, since Crosswalk is based in Virginia, and Fehrenbacher moved there from Seattle, the press release gives a few clues.


The allegations, which do not involve Crosswalk.com, are related to a dispute with a former business competitor who was involved in purchasing Mr. Fehrenbacher's successful former business, but which apparently suffered losses since it's sale in 1998. … These allegations involved a business deal whereby Mr. Fehrenbacher sold his values-based software program, which rated mutual funds based on their support for socially responsible stocks and other investments. Unfortunately, the individuals who purchased the business have been unsuccessful in maintaining profitability and marketing this database research program, and apparently now are trying to blame Mr. Fehrenbacher for such failures.

That's all Weblog has seen so far about the charges, but here's a little background. Fehrenbacher's "successful former business" was the Institute for American Values Investing. But actually it was Crosswalk that purchased "the brand name and proprietary investment screens" of that Redmond, Washington-based company. What Crosswalk didn't buy, apparently, was his eValueator program, which Fehrenbacher sold to Arthur Ally's Timothy Plan, another values-based investing company (based in Winter Park, Orange County, Florida—birthplace of Crown Financial Ministries' Larry Burkett). The software, then as now, sells for $400. But if you'd like to see essentially what it does, take a look at Fehrenbacher's ...

This article is currently available to CT subscribers only. To continue reading:




Christianity Today


  


Subscribe to Christianity Today and get 3 free trial issues. No credit card required.

Please allow 4-6 weeks for delivery. Offer valid in U.S. only.

If you decide you want to keep Christianity Today coming, honor your invoice for just $19.95 and receive nine more issues, a full year in all. If not, simply write "cancel" across the invoice and return it. The three trial issues are yours to keep, regardless.


Click here for international orders2-for-1 Gifts!

You must be a Christianity Today subscriber or have created a FREE registration to post comments
[Browse More Christianity Today]



Search
Search
Search
Scripture Search
Go Deeper

Books & Culture
Christianity Today
Church Law & Tax Report
Church Finance Today
Leadership Journal
Men of Integrity
Kyria.com
ChristianityTodayLibrary.com
PreachingToday.com