He said the festive season must re-waken society on the qualities Joseph, the father of Jesus Christ exhibited where he resolved to be noble and not disgrace the Virgin Mary even after knowing that she was pregnant.  

Delivering a Sunday service sermon on the eve of Christmas at the Perez Dome, the Archbishop, who raised concerns about having people wanting to do what was right and just, said: “These days we don’t have too many noble men.”  

His sermon, which dwelt largely on family creation and togetherness, urged married men and potential husbands to desist from the disgrace they put their wives and wives-to-be through when the women cheat.  

“Unfortunately, there are guys telling others the number of women they had slept with. They think it is pride, they are rather cheap. Joseph didn’t say anything about Mary to people. He was a noble man,” he said.  

“I am not saying the women must be indulging in promiscuity, however, if you are a man and your wife did that and you don’t love her anymore, don’t beat her, let her go in peace, ” the Archbishop added.  

He urged young women to overlook their wealth, social and economic statues and accept young hard working men who had dreams and vision.  

The Archbishop said: “This Christmas, if the young men come with marriage proposals, accept them, help them with the processes. It is not wrong to support the guy to marry you.”  

Narrating his experience when he met his wife, the Archbishop said he bought six pieces of clothes, had  two from his wife and another two from his sisters for his marriage. 

He said his wife also gave him her jewelries to be used as part of the marriage items. 

He said it was unfortunate that several young men and women looked down on their partners because of their financial background.  

“…When I met my wife, I could only take her from Akim Oda to Asamankese, but today, I have taken her to Japan, Hawaii, Singapore amongst others,” the Archbishop said. 

Forest Commission raids illegal miners’ camp in Oda River Forest Reserve…

His appeal comes in response to the recent reactions following remarks made by Archbishop Charles Agyinasare, the founder of Perez Chapel International, about Nogokpo in the Volta Region.

“Unlike Bishop Agyinasare, he’s done so much for Ghana… I don’t think he will make that statement ever again, but I think it’s been dragged so far. So, I just pray and still plead that let’s project Ghana in a positive way like what Nigerians are doing,” Badu pleaded during an interview on Prime Morning, Joy Prime’s morning show.

During a sermon at his church, Archbishop Agyinasare referred to Nogokpo as the “demonic” headquarters of the Volta Region, leading to a strong reaction from the community.

The bishop later clarified that his comments were not intended to disrespect any specific town or its residents, but rather to illustrate the principle of divine protection to his congregants.

However, Badu believes that the issue has been blown out of proportion, especially considering the response from community leaders.

Speaking on Joy Prime’s Prime Morning show, he emphasised that Archbishop Agyinasare has made significant contributions to promoting Ghana internationally and should not be treated poorly by the populace.

“I’m more concerned about preserving the integrity of Ghana. I’m a proud Ghanaian, and I want the world to hear about Ghana in a positive way and not the everyday people wake up and insult,” Badu stated, stressing the importance of projecting a positive image of the country.

Badu drew a parallel with Nigeria, highlighting the efforts made by Nigerians to promote their country positively. He called upon Ghanaians to follow their example and collectively strive for a constructive approach to showcasing Ghana’s virtues.

While acknowledging that Archbishop Agyinasare meant well with his comments, Badu appealed to the community elders to let the matter rest in order to foster a positive image of Ghana.

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Representing Archbishop Charles Agyinasare, the founder of the Church, who is on an international mission, he announced the stance of the Church’s Board Council on the Nogokpo matter at a church service.

Archbishop Charles Agyinasare, founder and leader of the Perez Chapel International, has said he has no intention to cast a slur upon the people of the Nogokpo town and the Volta Region as a whole. 

During a sermon at his Church on Sunday in Accra, May 28, the Archbishop said, his comments were never meant to denigrate the people of Nogokpo and the Volta Region. 

He explained that he only sought to refer to an incident that happened after a crusade held in the area. 

“To drive home my point, I made reference to several instances where I have encountered manifestations of demonic powers in my crusades, which have taken me to over 92 countries of the world.  

“I gave an example of people who were seeking to levitate during a crusade in India. I gave an example of an attack I suffered as a very young pastor who had gone to preach at a bus stop around Korle Bu.  

“In reference to Nogokpo, I wish to clarify that I never intended to refer to the town but an incident that happened after a crusade at Aflao – I had absolutely no intention to cast a slur on the people of Nogokpo town and the Volta Region as a whole,” the archbishop explained. 

He said, “I have had a cordial relationship with the people of the Volta Region – my wife of 38 years is an Ewe from Keta and two of my biological children bear Ewe names – all the examples I gave were not intended to denigrate any of the towns and their people, but to elucidate the principles of divine protection to congregants,” he said. 

Archbishop Agyinasare said he regretted issues surrounding the statement he made and said he remained committed to serving Ghana as a spiritual leader. 

“Any misrepresentations or misinformation that has characterised the subsequent commentary and reportage is regretted – my ministry over the past 40 years has been one that has spoken up at critical times in our nation as a spiritual gatekeeper and I remain committed to serving God’s people and the nation as the spirit directs,” the archbishop concluded. 

At the Summit held recently at the headquarters of Perez Chapel in Accra, the Archbishop preached about divine protection and the existence of evil forces and cited several examples to support his teaching. 

Following the publication of the video online, the Church leader has come under heavy criticism in the media, resulting in reaction from the people of Nogokpo, including statements from the Dufia of Nogokpo, Torgbi Saba V. 

Other prominent people from the area, including Madam Abla Dzifa Gomashie, Member of Parliament (MP) for Ketu South, asked for an apology over the Archbishop’s comment. 

Mr Jonas Fotor Agbagba, Assembly member for Nogokpo/Atsivuta said people had misconceptions about the community, famous for its traditions and powerful shrine, Zakadza. 

“Nogokpo is not a demonic headquarters. Bishop, respectfully, you goofed. I stand with the good people of Nogokpo,” Israel Selikem Bossman, Assembly member for Denu stated. 

This comes after a video of him categorising the town of Nogokpo in the Ketu South Municipal as the headquarters of demons in the Volta Region went viral, attracting criticisms.

Responding to his critics during Church Service on Sunday, May 28, he said, “I have received calls from people very close to me and my attention has been drawn to social media commentary on some portions of comments I made this past Thursday during the Supernatural Empowerment Summit at the Perez Dome.”

He said he was speaking on the divine protection Christians enjoy from God and was teaching congregants about the need to activate divine protection from demonic attacks.

“This is a cardinal principle of our faith as Charismatic Christians,” he said.

Archbishop Agyinasare emphasised “to drive home my point, I made reference to several instances where I have encountered manifestations of demonic powers in my crusades which have taken me to over 90 countries of the world.

“I gave an example of people who were seeking to levitate during a crusade in India. I gave an example of a demonic attack I suffered as a very young pastor who had gone to preach at a bus stop around Korle Bu.”

According to him, “In reference to Nogokpo, I wish to clarify that I never intended to refer to the town but rather make reference to an incident that happened after a crusade at Aflao.”

The Archbishop stated that he “had absolutely no intention to cast a slur upon the people of the Nogokpo town and the Volta Region as a whole.”

He added, “I have had a very cordial relationship with the people of the Volta Region, and my wife of 38 years is, in fact, an Ewe from Keta. Two of my biological children bear Ewe names.”

The man of God stated that none of these examples was intended to denigrate any of the towns and their people but rather to elucidate the principle of divine protection to congregants.

He said, “Any misrepresentation or misinformation that has characterised the subsequent commentary and reportage is unfortunate.

“My ministry over the past 40 years has been one that has spoken up at critical times in our nation as a spiritual gatekeeper and I remain committed to serving God’s people and our nation as the Spirit directs.”

According to the Bishop, the Greater Accra Regional Minister is embarking on a campaign called ‘Make Accra Work Again Campaign’, a project geared at enforcing sanitation laws in the city.

Preaching on a leadership theme on Sunday, the founder of Precious TV said that Mr Quartey made a lot of sense to him when he said: “Ghanaians travel to Singapore and other places, and they don’t throw rubbish around because they obey the law. However, after their two-week vacation, they start littering the city when they return from the airport. So I want to enforce the laws laid down for the city.”

The Bishop became pleased with Mr Quartey’s statement and said he is personally praying for him to succeed in the campaign and make Ghanaians disciplined and responsible.

“One of the leaders I am praying for is the Greater Accra Regional Minister, Henry Quartey, for his passion for transforming Accra under the ‘Make Accra Work Again’ campaign.

“What made him my darling is when he said, ‘We have set up a committee to come out with a blueprint for the city’. So that anyone who takes over from me can continue with what the city must be.

“He called the document (The Make Accra Work Again bible), and he said the words of Salifu Amankwah, Egyiri Blankson, Nii Oko Vandapuye that they did before me must be continued,” Agyinasare said.

For him, leaders with a vision like Mr Quartey’s must be supported despite their political affiliations.

“If anyone talks like the way Henry Quartey is talking, we must support that person. And so for me, I say that we must support this Regional Minister who wants to make Accra work again for the benefit of all of us,” he said

In his view, the system is working in London to ensure every citizen complies with the COVID-19 protocols.

In a video he shared on Facebook, the man of God, who is on holidays, said immediately he touched down with his family, they were given an order to self-isolate for some time before they can go out.

Bishop Agyinasare said he could go out after his second COVID-19 test was negative.

“When you go out, you are fined £2,000. The system is working 24/7,” he added.

Watch video below:

In his view, a small country like Ghana having more than 80 Ministers of State at the presidency is a waste of resources.

In a 10-point note to the government during his sermon on Sunday, December 20, 2020, Rev. Agyinasare maintained that the number of ministers in the next government must reduce.

“A small country like ours that is always having a budget deficit and looking for foreign aid to balance our budget should not have more than 80 ministers, otherwise, it would be a waste of our resources. There should be a significant reduction of the staff in the Flagstaff House,” he suggested.

Read Agyinasare’s letter to President Akufo-Addo:
These are things I have been talking about for some time now, but I think it’s important to reiterate this FOR THE INCOMING GOVERNMENT.

Know that after the second year, we would ask for accountability on the things stated.

1. Security of civil and public service

That they would deliver to us a civil and public service that is non-partisan and staff would have security of service.

2. Completion of Projects

The government should give us credible & visible reports we can all see of the completion of projects started by past governments being completed and used.

The affordable houses built by previous governments must be completed and used (either by our teachers, nurses, police etc).

3. No more tribal politics

That tribal politics would not be upheld any longer in our body politic.

4. No more reckless spending by the government

The government would not spend our monies recklessly by incurring judgement debts and excessive borrowing.

Ghanaians want prudent use of our scarce national resources.

A small country like ours that is always having a budget deficit and looking for foreign aid to balance our budget should not have more than 80 ministers, otherwise, it would be a waste of our resources.

There should be a significant reduction of the staff in the flagstaff house.

5. Same rules apply for all

That politicians would not have different rules apply to them than the citizens. We don’t want a nation where politicians don’t abide by the laws they make for the citizens.

6. No more politics of insults

Our government should stop branding critics as opposition elements and unleashing its attack dogs on those who criticize her because we want the best for our country.

7. Be swift to fight corruption.

When there are allegations or exposés of corruption, it should be properly investigated, findings made public, and those culpable brought to book.

8. Other pillars of society appreciated

That the political class would not sideline the other pillars of society. (every-thing in this nation can’t be politics. If we sideline the other pillars of society and make everything political, then when even our football team plays, politicians would take the glory and also of the fall for their performance. When court cases are won or lost, politicians would be held accountable. When people commit a crime it will become political. Eventually, ordinary citizens like you and me would be the victims.)

9. Freedom of speech and expression

That they would ensure that our democracy allows us freedom of speech and we would not be afraid to share our opinion. (our constitution guarantees freedom of speech, but we must strive to build a nation where people don’t feel intimidated for sharing their opinions. There are lots of people who say they don’t want to talk simply because they would be insulted and slandered.

It’s more dangerous when political actors make it seem that non-political ac-tors cannot and should not say anything even when there is a cause, because they must be for either one party or the other.

Over the years, I have met brilliant Ghanaians in and outside this country who are doing wonderful things for other nations and yet they tell you they don’t want to be part of this nation because once you talk, criticise or do something, you would be branded and dealt with. We all don’t need to be politicians to speak our minds about the nation’s direction.

10. We need a strong and responsible opposition

That whoever is in power would allow strong opposition tv and radio stations (because without a strong opposition, we are a one-party state). What we need in this country is not just a strong opposition party but a strong and responsible opposition. Our 4th republic history has shown that we keep alternating between 2 parties. We don’t need a tit-for-tat affair).

To God be the glory.

Merry Christmas and get ready for a faith filled 2021.

Most Rev Dr Charles Agyinasare

Addressing congregants during a service Sunday, the presiding Bishop referred the NDC’s presidential candidate to the election petition at the Supreme Court in 2012; calling on him to learn lessons from its implications.

“To him, John Mahama who is contesting the presidential results we pray you do it peacefully. In 2012 when a similar thing happened it was not easy in this country, also a number of people have already lost their lives,” he added.

Using the same platform, the Presiding Archbishop called for swift investigations into the shooting incident at Techiman that led to the death of two party supporters.

“Nobody needs to die because of an election, we therefore condemn the use of firearms on unarmed civilians.

“We ask that proper investigations be conducted in the deaths of people who wanted to defend their votes because democracy is not a war.

“We must continue to pray for peace to prevail, may God help our homeland Ghana,” he added.

May his soul rest in peace.

I also want to take this opportunity, on behalf of the entire Perez Family, to express my deepest condolences to our former First Lady, Mrs Nana Konadu Agyeman-Rawlings, the children, the nation, and the NDC party, which he founded.

On the occasions that I met and talked with Mr Rawlings, it was clear that he loved this nation dearly; and, looking back, I can say we’ve lost a very great icon.

(Let us observe a minute’s silence in honour of our departed former President)

Today, I want to officially welcome Professor Naana Jane Opoku Agyemang into our midst.

Even before she became running mate to the NDC’s flag bearer, I had had some interesting interactions with her by virtue of my serving on various educational councils, including that of Perez University College. In fact, with the exception of one, all the rectors we have had at the Perez University College have come from the University of Cape Coast of which she was once a Vice-Chancellor. One of our senior pastors who also lectures at Cape-Vars worked with her in the same department.

Prof, I have followed you briefly from the time you were chosen as the running mate of the NDC and how you have conducted yourself and your campaign. I have not heard you or read reports of you using insulting or abusive language on your political opponents, and this is worthy of commendation. Thank you for that exemplary conduct. Being a Christian and a member of the Methodist Church, the conduct you have exhibited is very refreshing, so do keep it up.

Let me say that, as a man of God, just as I’ve commended you for what I see you doing well, the day you or your political party—whether while in opposition or while in government—fail to do what is right, expect that I will likewise speak out and not be silent. I hope that if it happens “attack dogs” from your party will not be unleashed against me! Of course, in the unlikely event that it does happen, I will not be silenced.

In the next few days ahead of us, we will be going to the polls to elect our leaders who will lead the nation for the next four years. It is unfortunate that every election season in this nation has been characterised by so much tension and threats of violence. Since 1992, this has been the unfortunate cycle we have had to endure as citizens of this great nation.

Let me take this opportunity, once again, to admonish our politicians, especially from the two main political parties, the NPP and the NDC, that this year’s elections should not unleash violence on us. The political parties should not let loose, thugs and vigilante groups on the ordinary people. Let us experience a high level of civility on the 7th of December and beyond.

I hope and pray that the security agencies and the Electoral Commission would do a very professional and impartial job. They must not favour or support any one particular political party against the other. Unfortunately, this has been a major cause of political violence in other jurisdictions.

I want to make a passionate appeal to the journalists, that they should learn lessons from history; history has taught us that some nations have gone to war, some have had civil war and tribal fights; families have been divided, and innocent lives have been destroyed all due to careless reporting of some journalists.

When you choose the path of your personal interests and sensationalism, you may end up famous and rich. However, the lives and families you would have ended up destroying may be too great to repair. I ask you, one day when you are old, will you be proud of yourselves or rather be full of regrets for your role in the outcome of our elections and the damage you would have caused to your fellow countrymen?

This election season, I urge journalists to serve the people with a pure conscience. Report the truth and nothing but the truth, not with a coloured lens due to your party affiliations.

More importantly, we expect our politicians and their supporters to aim for peace. Make the peace of this nation your topmost priority, as is mentioned in Heb 12:14: “Follow peace with all men, and holiness, without which no man shall see the Lord”.

Let me be quick to add that the judiciary should continually put this nation’s interests ahead of any person’s or group’s.

The Merriam-Webster’s dictionary defines democracy as a government by the people, one in which “the supreme power is vested in the people and exercised by them directly or indirectly through a system of representation usually involving periodically held free elections.” That means every single citizen of Ghana has a say in what our government would look like. As citizens we must all be committed to vote on 7th December without creating any problem at the polling station. Remember that if you do not vote, then you have no right to discuss the policies of any government. Don’t forget the outcome of elections will affect you, whether you’re interested in politics or not.

It is said that not voting is effectively casting a vote for the opponent you least agree with. If you feel like you’re just one person whose vote doesn’t matter, remember that every vote counts. In fact, yours might be the one to determine the future of this great country.

As Christians, we will continue in our God-given mandate in praying for the leaders of this nation, from the President to the opposition, the legislature, judiciary, security services, and the entire country.

God bless our homeland Ghana.

Bishop Charles Agyinasare and wife, Rev Vivian Agyinasare renewed the vows on Sunday at a colourful ceremony at the Perez Chapel International.

Watched by friends, family and the congregation, the two reiterated their love for each other in the ceremony Bishop Agyinasare officiated.

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Like any marriage, the two have been through both sweet and bitter moments in the journey which has been blessed with three children.

“I think that it matters to affirm to your wife and assure her or your husband that; Look, the years ahead of us, we’re going to spend it together and as you do, God will confirm your word because what you say is what you get,” he said during the ceremony.

Watch the video below:

The Founder of the pentecostal-charismatic church, Perez Chapel International, said there a so-called “satanic agenda” to promote homosexuality across the world has reached a point where it has become dangerous to for a preacher to say that Lesbian, Gay, Bisexual, Transgender, Queer, Intersex (LGBTQI) activities are sinful.

Bishop Agyinasare made the comment in his monthly ‘Character Series’ for October.

Ghana’s laws do not criminalise all the wide range of acts that could be termed “homosexual.”

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For instance, the law only criminalises “unnatural carnal knowledge” – explained as when there has been the least degree of penetration.

Hence a sexual act between two females does not qualify as unnatural carnal knowledge and hence cannot be punished.

But many Ghanaians see any form of LGBTQI activity as illegal. Physical and violent attacks against homosexuals have been reported several times in Accra and other regional capitals.

Also, many Ghanaians are very religious and committed to upholding their traditional moral values all of which are anti-LGBT.

Ten Commandments of Rebellion

According to the respected pastor, the agenda to promote LGBTQI in Ghana and other parts of the world is part of what he calls the Ten Commandments of Rebellion.

According to him, the Ten Commandments of Rebellion was initiated by one Alice A. Bailey (1880-1945), the founder and leader of Lucis Trust and Leader of Lucifer Publishing Trust who believed that in changing society, one has to use children and not old people because the old people are stacked with their beliefs.

He said governments all the world today are implementing her charter, which is meant to make children rebel against their parents and good ethical values.

He indicated the late Bailey’s main agenda was to change Christianity and to redeem the nations of the Christian tradition.

Bishop Charles Agyinasare in explaining the rationale behind these evil commandments said the agenda was meant to promote sexuality promiscuity, unnatural sexual practices and ungodliness.

The other agenda was to promote excessive child rights by breaking communication between parent and child.

This was to prevent parents from passing on their Christian traditions to their children, liberate children from the bondage of their parent traditions.

“She also promoted an agenda which removed corporal punishment; But On the other hand, the Bible says ‘Do not withhold correction from a child, for if you beat him with a rod, he will not die. You shall beat him with a rod and deliver his soul from hell.”

The media he added is also being used to promote sexual promiscuity.

Alice Bailey he noted went ahead to promote sexual promiscuity by freeing young people to the concept of premarital sex and encourage them to have free sex and make them see the joy of having sex to be the highest joy in their life.

Abortion was also part of the agenda because she believed that if people were going to enjoy the joy of sexual relationships, they need to be free of unnecessary fears, in other words, they should not be hampered with unwanted pregnancies.

“Let children fantasise about sex and the young fantasise about even outside marriage and this you know is contrary to the word of God (Ephesians 5:3).”

“Today it is not only accessible, but it is also forced. Today abortion is a strategy to curb population control together with the use of condoms and ‘pill’’, he added.

He challenged Christians to take a stand on some of these things and defend the truth in these last days.

“If you are a Christian, you have to take a stand in these last days on some of these things. You have to be able to defend the truth. If your defence of the truth, you may be persecuted for your beliefs.”

The ten commandments of rebellion are stated as follows:

1. Take God and prayer out of the education system

2. Reduce parental authority over the children

3. Destroy the Judeo-Christian family structure or the traditional Christian family structure (Why?).

4. If sex is free, then make abortion legal and make it easy

5. Make divorce easy and legal, free people from the concept of marriage for life.

6. Make homosexuality an alternative lifestyle

7. Debase art, make it run mad

8. Use media to promote and change the mindset

9. Create an interfaith movement

10. Get governments to make all these laws and get the church to endorse these changes.

Source: Myjoyonline.com

In his Sunday, 15 September 2019 sermon at the Perez Dome, Dzorwulu, the Presiding Bishop of Perez Chapel International confessed to his congregations that: “Two weeks ago, a gentleman wrote to me and said: ‘Bishop, I know you’ve been teaching on investment; how do you want me to invest?’ And for two weeks now, I’ve not been able to say anything because we live in a time when our financial sector has had a big hit and there’s a lot of uncertainty”.

“And, so”, he continued: “Even though I used to teach a lot on investment, it’s difficult for me to say because last year nine major banks were closed, this year 347 microfinance companies have been closed, 23 savings and loans and finance houses have also been closed. So… hello! So, how can I …?” he despaired.

The closures of the 23 S&L companies marked the completion of the Bank of Ghana’s clean-up of the banking, specialised deposit-taking (SDI), and non-bank financial institutions (NBFI) sectors which began in August 2017.

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It followed the revocation of the licences of nine (9) universal banks, 347 microfinance companies (of which 155 had already ceased operations), 39 micro credit companies/money lenders (10 of which had already ceased operations), 15 savings and loans companies, eight (8) finance house companies, and two (2) non-bank financial institutions that had already ceased operations.

According to Bishop Agyinasare, the financial crisis “reminds me of Jesus’ scripture in Matthew 6:19 – 21. It says: ‘Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal: But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal: For where your treasure is, there will your heart be also’.

“What I’m trying to say simply”, Bishop Agyinasare explained to his congregation, “Is that: Beloved, if all your treasures are on earth here, there’s a lot of uncertainty because some of those banks that closed last year, they were banks that had properties, banks that had won the best ‘whatever’ every year”.

“What I’m trying to say simply”, Bishop Agyinasare explained to his congregation, “Is that: Beloved, if all your treasures are on earth here, there’s a lot of uncertainty because some of those banks that closed last year, they were banks that had properties, banks that had won the best ‘whatever’ every year”.

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Watch video below:

“Some of the microfinance companies that have been closed down, they were companies that when they had the CEO’s summit, they’ll be the best company that has done this, the best company that has done that; yet, they could go down. So, Jesus was saying that our treasures should not just be here [earth]”, he noted.

“And, so, today, I’m speaking on multiplication in financial crisis. If you don’t know we have a financial crisis going on, you don’t live in Ghana. Because with the list I gave you, if all these banks have closed down and these financial institutions have closed down, it means a lot of people have also lost their jobs. And when a lot of people lose their jobs it means that money [becomes hard to come by]. And, so, how do you multiply in times like this?” he asked.

Bishop Agyinasare used the true story about the nine powerful financiers in the US in the 1920s who, within a quarter of a century lost all their investments and had terrible ends in life because their earthly treasures were not rooted in God, to buttress his point about Christians not investing all their treasures here on earth.

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He summed up that story thus:

The 9 Financiers

In 1923, there was a meeting of America’s most powerful men which took place at the Edgewater Beach Hotel in Chicago.

Attending the meeting were the following nine financiers and power brokers:

Charles Schwab the president of America’s largest independent steel company (Bethlehem Steel),

Samuel Insull, the president of America’s largest utility company (Edison General Electric),

Howard Hobson the president of America’s largest gas company(Associated Gas & Electric System),

Richard Whitney the president of the New York Stock Exchange,

Leon Fraser, the president of the First Bank of New York & International Settlements,

Arthur Cutten, the nation’s greatest wheat speculator,

Jesse Livermore, the nation’s greatest bear and speculator on Wall Street,

Ivar Kruger, the head of the world’s greatest monopoly (The Match King)

Albert Fall, a member of President Hoover Harding’s cabinet.

The purpose of the meeting was both a celebration of their success as well as an opportunity to plan their future exploits and dominance.

These were the captains of their respective industries and some of the most successful businessmen of the era

But how did things turn out for these distinguished gentlemen?

Within 25 years, all of these great men had met a horrific end to their careers or their lives by being dead, broke or in prison:

The president of the largest steel company, Charles Schwab, died a bankrupt man;

The president of the largest utility company, Samuel Insull, died penniless;

The president of the largest gas company, Howard Hobson, suffered a mental breakdown, ending up in an insane asylum;

The president of the New York Stock Exchange, Richard Whitney, had just been released from prison;

The bank president, Leon Fraser, had taken his own life;

The wheat speculator, Arthur Cutten, died penniless.

The head of the world’s greatest monopoly, Ivar Krueger the “Match king”, also had taken his life.

The member of President Harding’s cabinet, Albert Fall, had just been given a pardon from prison so that he could die at home.

As for the Wall Street Bear, Jesse Lauriston Livermore, the famous speculator in the stock and commodities markets, his end is perhaps the most tragic of all. A week after Thanksgiving in 1940, Jesse walked into the Sherry-Netherland Hotel in New York, had two drinks at the bar while scribbling something in his notebook, he then proceeded to the cloak room where he sat on a stool and shot himself in the head. He was 62 and left behind $5 million, down from the $100 million fortune he had amassed just ten years earlier.

And the note he had scribbled? It read: ‘My dear Nina: Can’t help it. Things have been bad with me. I am tired of fighting. Can’t carry on any longer. This is the only way out. I am unworthy of your love. I am a failure. I am truly sorry, but this is the only way out for me. Love Laurie’.

“These were men that 25 years earlier, were the power brokers and the main people in town. I’m still buttressing the point that your treasures should not just be on earth here”, he said.

Quoting Psalm 52:7 which says: ‘Lo, this is the man that made not God his strength; but trusted in the abundance of his riches, and strengthened himself in his wickedness’, Bishop Agyinasare said: “Beloved, if you see someone who is rich today and does not care about God, don’t let that person be your example”, adding: “Proverbs 10:22 says; ‘The blessing of the Lord, it maketh rich, and he addeth no sorrow with it’”.

Source: Classfm