iPoint (iPoint.cz)
Czech markets  |  15.3.2013 11:54:38

The Other Side of God: Evil accounting Vatican Bank



iPoint.czIt is the 18th June 1982 and London Blackfriars Bridge hanging over the river dead body of unknown man. Later identified as Roberto Calvi: Chief freshly bankrupt Italian Banco Ambrosiano. Although at first it seemed that the first man succumbed banks psychological pressure of his bad management decisions, the reality was just the opposite: He was murdered. The whole matter would in no way deviate from the atmosphere of the time, if the main shareholder of Banco Ambrosiano was Istituto per le Opere religious, otherwise known as the Vatican Bank. Calvi also died for nothing. Banco Ambrosiano is bankrupt because of bad loans in the amount of up to $ 1.5 billion it provided to companies connected to the Holy See. Two weeks before his death he wrote a letter to Calvi highest point: it is addressed to Pope John Paul II himself.Banker Pope warns of "catastrophe of unimaginable proportions," which was to occur in the coming days. That summer, over the spiritual sanctuary begin to withdraw purely secular clouds. Vatican finds himself in the pillory and the world is becoming perhaps the first time in history, ask: What secrets lie behind the venerable Cardinals views? Let the story of Vatican finances closer look.

Vatican: Really close to God? Read on iPoint

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