Saturday, 29 June 2013

"It Was Just Resting In My Account" ... The Moneychangers In The Temple

What is it with bishops and banking ?

The Vatican has long been the seat of strange financial machinations, and they are at it again:
A senior Italian cleric has been arrested in connection with an inquiry into a Vatican bank scandal over allegations of corruption and fraud ... Monsignor Nunzio Scarano suspected of trying to move 20m euros illegally.
In the immortal words of Father Ted:  that money was just resting in my account...

And now the CoE has a CEO who is very interested in finance, too.  He sat on the Parliamentary Banking Standards Commission; has delivered himself of views on the need for regional banking in England; been interviewed on TV about the morals of bank executives; and this week
Church of England bids for RBS branches: the Church Commissioners, which manages a £5.5bn investment portfolio, has joined a consortium to buy the branches.
Hmm.  Render unto Caesar, etc etc.  Perhaps we really will get Welby to do us a guest-post.

ND

11 comments:

Budgie said...

We have arrived at a point in our nation's history where the great-and-the-good, those set over us, in the EU, UK government, quangos, corporates, churches, are corrupt and rotten. As Solzhenitsyn said "the fish rots from the head". All we can do is pay the buggers as little as possible, either heed or cash, and batten down the hatches.

DtP said...

As a bit Oirish Mikky, pretty sure the Vatican sold options on its estate to Chinks 4 year back. $3 trillion? Probably bullshit. Church is for volunteers,

Rosie said...

Perhaps he should have borrowed Harry's doggie for a few days?

Anonymous said...

Perhaps we should get the CoE to do some real work like they do in Germany. They could then turn the RBS branches into Food Banks (geddit) and soup kitchens.

The State could even pay them to organise volunteers as they have one of the largest "memberships" in the UK.

Then the Great and the Good would be doing something great and good.

Sackerson said...

Keep checking under Blackfriars Bridge.

Timbo614 said...

You don't need no church house,
And you don't need no temple
You don't need no rosary beads or them books to read
To see that you have fallen
If you open up your heart,
You will know what I mean,
We've been kept down so long,
Someone's thinking that were all green,

And while the pope owns 51% of general motors,
And the stock exchange is the only thing he's qualified to quote us...

- George Harrison.



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Church of England bids for RBS branches: the Church Commissioners, which manages a £5.5bn investment portfolio, has joined a consortium to buy the branches."""

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Hmm. Render unto Caesar, etc etc. Perhaps we really will get Welby to do us a guest-post.

ND ""

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A senior Italian cleric has been arrested in connection with an inquiry into a Vatican bank scandal over allegations of corruption and fraud ... Monsignor Nunzio Scarano suspected of trying to move 20m euros illegally.""