‘God’s Bankers,’ by Gerald Posner

UNITED STATES
The New York Times

By DAMON LINKER
MARCH 20, 2015

Ask a devout, theologically literate ­Roman Catholic to describe the institution of the church, and you’re likely to be told that it was founded by Jesus Christ at the moment he gave his disciple ­Peter the “keys to the kingdom of heaven” and vowed that “whatever you bind on earth will be bound in heaven.” This made ­Peter the head of the universal church, ­empowered to administer the sacraments, spread the Gospel, save souls and forgive sins until Christ’s return, as well as to pronounce with infallible authority on ­matters of Christian faith and morals. Christ also promised Peter that “the gates of hell shall not prevail” against the church — meaning that no matter how corrupt the institution might appear at any given moment of history, it will never be so consumed by evil that…