A history of the Vatican Bank

WF – The Vatican Bank is undergoing yet another series of reforms in an effort to shed the scandals of the past. Jules Gray looks at the history of the Catholic Church’s troubled financial arm 

Cardinal George Pell during a sermon at the Papal Basilica of St Paul’s Cathedral in Rome, Italy
Cardinal George Pell during a sermon at the Papal Basilica of St Paul’s Cathedral in Rome, Italy

Author: Jules Gray – September 5, 2014

Perhaps more than any other, the Vatican Bank should be expected to maintain the highest of moral standards in the way it conducts its business. However, despite its saintly links, the bank that acts on behalf of the Catholic Church has developed a reputation for corruption, scandal and mismanagement over the last few decades.

Murder, bribery, suspicious deaths, money laundering, and many other nefarious acts have been linked to the bank that is officially known as the Institute for Works of Religion (IOR). Tiếp tục đọc “A history of the Vatican Bank”

Merchants in the Temple

By Thought Matters –  11/16/2015 03:47 pm ET Updated Nov 13, 2016

2015-11-13-1447453743-8790583-merchantsinthetemple.jpg
By Gianluigi Nuzzi

Pope Francis Issues a Shocking Accusation

On July 28, 2013, a few hours after his customary religious obligations, Pope Francis prepared to go to the Apostolic Palace. As always, he checked his datebook first. “This is what I’ve always done. I carry it in a black briefcase. Inside is a razor, a breviary, an appointment book, and a book to read.” The Pope carefully reviewed his notes. That morning he had a meeting with Archbishop Jean Louis Bruguès, the librarian and archivist of the Holy See. But his most important appointment of the day was a noon meeting scheduled to take place in one of the most inaccessible and mysterious spaces in the Palace: the Sala Bologna, on the third floor, between the papal apartment recently vacated by Benedict XVI and the quarters of the Secretariat of State. Tiếp tục đọc “Merchants in the Temple”