Friday, March 14, 2014

Morning Briefing; Hot Stories on National Catholic Reporter About Pope Francis, aBankrupt Diocese, and much more

...."The Vatican’s bank has faced a slew of allegations, from corruption in contracting to money-laundering. Roman authorities have investigated several suspicious Vatican Bank dealings in the past. But little has come of the queries.
Pope Francis, on the other hand, has taken a hard line to the investigations and has pushed forward with several reforms, starting with the naming of a trusted aide to oversee the bank and the firing of the bank’s director and deputy. Just a couple months ago, he also got rid of four of the five cardinals who were supposed to oversee the bank, NBCreported.
“The pope is the only stockholder for the bank, and he fired the board of directors,” one official told NBC."

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