UNITED STATES
Pope Crimes & Vatican Evils…
Paris Arrow
Updated May 24, 2012
Ever since the USA government listed the Vatican as ‘potential money-laundering center’, the Vatican is trying to patch-up its image in order to “restore” its reputation and its relations with the international financial community. So in a no confidence vote today, it fired its president, Ettore Gotti Tedeschi, “for not having carried out various functions of primary importance to his office” , see news updates below. How on earth can Tedeschi carry out the functions in his office at the Vatican Bank when he also teaches ethics in finance at Milan’s Catholic University and so he could show up only two days a week at the Vatican Bank while tending to his other job as head of Spain’s Banco Santander’s Italian unit? Imagine that, only at the Vatican can one be the President of 2 banks or perhaps more. For the Vatican Bank to have relations with other financial institutions, of course, it has to hire someone already in a high level position to do its international transactions, like the President of Spain’s biggest bank. That shows how cunning the Vatican is. We will put all news related to the Vatican Bank in this post.
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