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Across the Street: Wade Cook's Cult of Personality?

By Ellen Leventry
Staff Reporter
2/27/98 11:31 AM ET

...I anted up $22 to sit in. At 8:40 a.m. on Saturday morning, I took a seat among another 100 or so "Cookies" at the Marriott East Side Hotel, with no special press credentials, no tape recorder, no special questions to ask, not even a free bagel or muffin. (Wade is a little cheap with the refreshments -- only ice water was served.) So here's the skinny on the Off-Broadway version of the Wade Cook Show.
-- Dan Colarusso

Early morning weekend meetings? Sleep deprivation. Ice water and no bagels? (This is NYC after all.) Malnutrition. Masses of devoted followers with silly nicknames? Cookies. Sounds like the classic outline for cult indoctrination as described in Combatting Cult Mind Control by Steve Hassan. So, we decided to take a light-hearted look at the eerie parallels between your run-of-the-mill cult and Wade Cook seminars.

CULT OF PERSONALITY? QUESTIONS FOR IDENTIFYING CULTS

WADE COOK SEMINARS (WADE:Nasdaq)

* Who is the leader? What are her/his background qualifications? Is it possible that there are misrepresentations or falsehoods? Wade Cook, former cab driver and motivational entrepreneur.

* Are there exclusive claims made to wisdom, knowledge, love and truth? Wade Cook seminars can give you the knowledge to get massive returns that could bring you financial freedom.

* Are total submission and obedience required? Some are convinced that any variance from the dogma will result in financial loss.

* Does he/she have a criminal record, a legacy of allegations against him/her or a history of misconduct? Let's just say that regulators know him by name.

* Does the leader drive expensive cars and wear expensive clothes while extolling the virtues of renunciation? Is the group leader's driveway habitually filled with luxury cars while ordinary people find him or her inaccessible? In his book, Business Buy the Bible, Cook warns readers not to covet worldly possessions, but that earning them is just fine. In fact, he earned a Benz and a Jag in the same week.

* Are questions and doubts permitted within the organization? Cook soundly discourages any negativism.

* Is the organization open or closed? Are there restricted teachings for initiates only? Is there real financial accountability? Yes and no. It's open to those with money and closed to those without. As for financial accountability, talk to one participant about her refund, or lack thereof.

* What structural checks and balances exist within the organization to prevent abuse of power? Not many -- Cook owns 60% of the company. YOU'VE GOT ME UNDER YOUR SPELL

* Use of deception or distorting information to make it acceptable One ex-seminar-goer says, "The examples are so unrealistic, yet work to serve his ultimate goal of indoctrination."

* Extensive use of cult-generated information and propaganda The Vatican's gift shop has nothing on Wade's mini-mall!

* Adopt "loaded" language (characterized by "thought-terminating cliches," or buzzwords) Not sure whether you eat "Bear Market Baloney" or read it? Check out one unbeliever's glossary.

* Ritual and often public confessions of "sins" -- no happiness or fulfillment outside the group Confessions and testimonials from the faithful.

Questions taken from Combatting Cult Mind Control by Steve Hassan.

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