For the record - April 26, 2008
Archdiocese: An April 19 column by Tim Rutten said the Archdiocese of Los Angeles took out a $50-million bank loan to fund a global settlement of clerical abuse cases. In fact, the archdiocese borrowed $175 million. As noted in the column, the total liability in all such cases is $720 million, but the column failed to note that a substantial portion of that is covered by insurance.
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