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Demeter

(85,373 posts)

38. Vatican had its own banksters, too! And that scandal still festers

Sat Feb 23, 2013, 11:01 AM

Feb 2013

...there was a twist on Friday when Pope Benedict XVI replaced Monsignor Ettore Balestrero, a powerful behind-the-scenes figure in the Secretariat of State with a major role in handling the Vatican bank's foreign relations.

He is being sent as Vatican envoy to Colombia -- a serious demotion.

Balestrero has been a key figure in Vatican efforts to overhaul its scandal-tainted bank to comply with international anti-money laundering laws.

La Repubblica said Balestrero's name was mentioned in the cardinals' report...

http://www.ndtv.com/article/world/gossip-scandal-erupts-in-vatican-ahead-of-pope-s-exit-334388

In fact, tourists can only use cash, because the Vatican has been blackballed by the credit card corporations...

Vatican Goes ‘Cash Only’ Because of Lack of Money-Laundering Controls

http://rendezvous.blogs.nytimes.com/2013/01/04/vatican-goes-cash-only-because-of-lack-of-money-laundering-controls/

If you’re planning a trip to the Vatican, be sure to take cash.

Since Wednesday, museums and businesses in the Holy See have been declining credit card and debit card purchases following a decision by the Bank of Italy that is reportedly linked to concerns over inadequate money-laundering controls.

Cash machines have also been shut down after the Italian central bank refused authorization for Deutsche Bank’s Italian unit to continue operating services it provided within the Vatican’s walls.

An Italian treasury official said last month that the Vatican could no longer use the services of Italian-based banks in the light of new rules against money laundering, according to Vatican Radio.

“The Bank of Italy could not give the authorization because the Vatican, apart from not respecting money-laundering regulation, did not have the legal prerequisites,” Reuters reported, quoting a source close to the Bank of Italy....

You could write a book.

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Roman Church admits the Pope�s Guilt: Joseph Ratzinger to Evade Justice and Hide out in the Vatican [View all] Katashi_itto Feb 2013 OP

I strongly suspect it's something like that. Warren DeMontague Feb 2013 #1

Oh, I imagine it's more than just the sex scandal. AngryOldDem Feb 2013 #5

+1 gazillion valerief Feb 2013 #18

The sex scandal is a diversion. hunter Feb 2013 #59

what could possibly be worse than enabling pedophilia? BainsBane Feb 2013 #93

There's also been the banking scandal that has been going on for a long time AngryOldDem Feb 2013 #102

I listened to a segment of David Packman the other day and fasttense Feb 2013 #14

suspect... kardonb Feb 2013 #81

Wow! Le Taz Hot Feb 2013 #2

That has ALWAYS been Rule #1. AngryOldDem Feb 2013 #6

Survivors go broke, not just to get justice, Ilsa Feb 2013 #104

I was involved with Voice of the Faithful... AngryOldDem Feb 2013 #108

Thank you being there for those Ilsa Feb 2013 #109

Just totally disgusting. AngryOldDem Feb 2013 #3

So. throw up some walls and bar the windows Demeter Feb 2013 #29

As long as they don't have any authority. AngryOldDem Feb 2013 #60

This calls for an Inquisition Berlum Feb 2013 #4

Well turn-about IS fair play! Right? loudsue Feb 2013 #15

Inquisition still exists, and Benny was its head! caseymoz Feb 2013 #33

IMHO This kinda validates my inner feeling from almost life long demo Feb 2013 #7

The fact that he looked like Darth Sidious caseymoz Feb 2013 #35

this guy? astonishing resemblance.. Voice for Peace Feb 2013 #51

Actually, this illustrates it better. caseymoz Feb 2013 #53

yikes Voice for Peace Feb 2013 #62

Which one? caseymoz Feb 2013 #64

The power of the Poop & his minions. Voice for Peace Feb 2013 #71

Both of them actually: "This is how liberty dies.....with thunderous applause!" LongTomH Feb 2013 #107

Could it have been the fact that he was considered to be the Vatican's "pit bull"? AngryOldDem Feb 2013 #114

a nice little latin term: tomp Feb 2013 #8

The Catholic Church is just another cult vlyons Feb 2013 #9

...and the US Supreme Court (R) is - alas - a freaking fiefdom of the Corrupt Catholic Cult (R) Berlum Feb 2013 #10

Sad, but true. nt SunSeeker Feb 2013 #80

So true! KICK n/t BillyJack Feb 2013 #84

I really think in the 2nd century caseymoz Feb 2013 #37

Oh, brother. WinkyDink Feb 2013 #111

Ahhh 19th century people in the 21st century! whistler162 Feb 2013 #105

So you are into making up your own definitions now? WinkyDink Feb 2013 #110

Guilty or innocent, in this case hardly matters quaker bill Feb 2013 #11

Score one for the pedophiles. GeorgeGist Feb 2013 #13

Putting a former Pope on trial would do precisely nothing. quaker bill Feb 2013 #32

Fix? What about justice? caseymoz Feb 2013 #46

I do not find retribution to be part of justice quaker bill Feb 2013 #58

Trophy? caseymoz Feb 2013 #63

He did order Cardinals to cover it up Nevernose Feb 2013 #55

He will lose diplomatic immunity for a few weeks until his successor makes him NYC Liberal Feb 2013 #61

I say charge in, arrest him, let his defenders scream. backscatter712 Feb 2013 #85

Just as predicted at FATIMA. penndragon69 Feb 2013 #12

Good old Saint Malachy seems to be accurate in his pRoPhecY as weLL Berlum Feb 2013 #16

Good lord! That is really interesting! Katashi_itto Feb 2013 #39

Why? You believe in St. Malachy? WinkyDink Feb 2013 #67

Not particularly, I found it interesting. Katashi_itto Feb 2013 #69

Arnold Schwarzenegger is the "LAST POPE" Katashi_itto Feb 2013 #70

Man Of Sin Revealed - Pope Benedict XVI Bible Prophecy okplowboy Feb 2013 #115

I thought that one said he was the last Pope by number. No more. Who'd've thought? freshwest Feb 2013 #88

In a way, this is reminiscent of the bush, cheney prosecutions. dotymed Feb 2013 #17

American leaders are afraid of getting anthrax in their coffee if they prosecute Bush etal. nt valerief Feb 2013 #20

now THAT made me almost spit soda on my screen=) Volaris Feb 2013 #26

I wonder if Ken Lay retired to Vatican City, too. nt valerief Feb 2013 #19

Good One!! vankuria Feb 2013 #21

If it appears to be a major coincidence, then, duh, it is most likely is, is my thinking. valerief Feb 2013 #23

George AWOL Bush's buddy "Kenny Boy" is soaking up the rays on a beach somewhere Berlum Feb 2013 #30

What is ludicrous is the idea that the church is a Nation. Coyotl Feb 2013 #22

Then you'd need to put an end to Israel's right to be a Jewish state, too. randome Feb 2013 #44

How about if every mega-church property became a country. Also equivalent? Coyotl Feb 2013 #45

How do you feel about the casino known as Monaco? WinkyDink Feb 2013 #68

At least it is a traditional state, not a special legal exclusion zone protecting a cult of peds Coyotl Feb 2013 #106

Vatican City has Popes Jumpin Jack Fletch Feb 2013 #24

Vatican had its own banksters, too! And that scandal still festers Demeter Feb 2013 #38

Vatican Bank (R) is the real scandal -- just waiting for the other sandal to drop Berlum Feb 2013 #72

What Else Are They Covering Up With This Action DallasNE Feb 2013 #25

Another Amazing Abuse of Power by the Catholic Church Demeter Feb 2013 #27

What a great day to be an Atheist! another_liberal Feb 2013 #28

Don't know as there's any "technique" involved in being an Atheist... Demeter Feb 2013 #34

I believe in all gods, and I believe in none . . . another_liberal Feb 2013 #41

WWJD ................. Angry Dragon Feb 2013 #31

If he really believed in Jesus's teaching Demeter Feb 2013 #36

Looking at the way people threw Joe Paterno under the bus for things that happened at Penn State, tarheelsunc Feb 2013 #40

Catholics believe FlaGranny Feb 2013 #101

The sources dont "admit his guilt." midwest irish Feb 2013 #42

Your post is bull Angry Dragon Feb 2013 #48

"There is enough evidence for a grand jury to hold him for trial" midwest irish Feb 2013 #49

Thank you for playing Angry Dragon Feb 2013 #52

'Political Reasons' .......... and what political reasons would that be?? midwest irish Feb 2013 #54

Well, only an actual Grand Jury can determine if there's "enough evidence." WinkyDink Feb 2013 #66

Misleading: they didn't admit he was guilty. caseymoz Feb 2013 #43

This article is deceitful. nothing has been admited - nothing yet is known..there are accusations - Douglas Carpenter Feb 2013 #47

That is a fact. defacto7 Feb 2013 #94

More undocumented ITCSS stuff jberryhill Feb 2013 #50

Yep defacto7 Feb 2013 #95

They need to make life miserable for the next Pope. LiberalFighter Feb 2013 #56

I wonder what was in those papers the butler snuck out of the Vatican, and if that is why peacebird Feb 2013 #57

Reading comprehension much? There is ZERO "admission of guilt" in the article. WinkyDink Feb 2013 #65

I really don't think we need an "admission of guilt." nt kelliekat44 Feb 2013 #73

He's GUILTY AS SIN, but that doesn't refute my point. WinkyDink Feb 2013 #75

"Based on a true story" jberryhill Feb 2013 #103

a pitch fork maybe? defacto7 Feb 2013 #97

Looks to me donco Feb 2013 #74

The Vatican is a crime syndicate. PM Martin Feb 2013 #76

Of course he is going to hide for the remainder... SummerSnow Feb 2013 #77

Bunch of immoral motherfuckers.I remember my SummerSnow Feb 2013 #78

Isn't it ironic that when these Catholics are confronted, they don't confess & ask for forgiveness, SunSeeker Feb 2013 #83

I know a "Catholic" who does exactly that: Gets angry, and then continues to ignore lindysalsagal Feb 2013 #112

The Catholic Church is not above the law!!!!! Initech Feb 2013 #79

Where there's white smoke ashling Feb 2013 #82

K & R !!! WillyT Feb 2013 #86

This is not an Onion article? tia uponit7771 Feb 2013 #87

I knew it! Lugnut Feb 2013 #89

So we are letting a treaty made between the Vatican and a fascist state get in the way of justice? white_wolf Feb 2013 #90

No longer a catholic EndlessMaze Feb 2013 #91

Can we ban this criminal organization from our shores yet? n/t Demo_Chris Feb 2013 #92

Hey, good idea. defacto7 Feb 2013 #98

If you didn't do anything wrong, you've got nothing to hide. blkmusclmachine Feb 2013 #96

Now we're getting somewhere Hekate Feb 2013 #99

Where's Reagan when you finally need him, huh? AtheistCrusader Feb 2013 #100

We did all of this last week: The timing is exactly to avoid prosecution because the Rhode Island lindysalsagal Feb 2013 #113