[Newsbot]

Title: Vatican Bank profit dives after Pope Francis's reforms
Category: Business
Posted By: DrCaleb
Date: 2014-07-08 08:02:59

[GreenTiger]

The last Pope who wanted to make big reforms was John Paul I, see how long he lasted.

[Unsound]

I guess that proves the reforms were real.

[Freakinoldguy]

FFS.

It appears that even having a religious appointment can't make a crooked banker anything other than....a crooked banker.

$1:

The income statement lists a loss of 14.4 million euros ($21 million) attributed to a `'donation" of securities to a Holy See foundation. It didn't elaborate, but news reports have said a top Vatican cardinal had transferred some 15 million euros to an Italian film company considered close to the Vatican and that the transaction was under investigation.

They're all the same be it at the Vatican or the Bank Of America.