Archive for March 10th, 2014
Pope Francis’ Lay Finance Expert Vows ‘No More Scandals’ (Study says 85% of American dioceses discovered embezzlement) / The Boston Globe
A Maltese economist tapped by Pope Francis to help lead a new finance council says the pope’s reforms will ensure that the sort of scandal which erupted last summer, involving a Vatican accountant allegedly enmeshed in a John le Carré-esque plot to smuggle millions in cash, becomes a thing of the past …
“Observers believe Francis’ efforts to promote financial glasnost are important not merely for the Vatican but to set a tone for the wider Catholic church, where accounting practices often remain informal and subject to abuse. A 2007 study by Villanova University, for instance, found that 85 percent of American dioceses had discovered instances of embezzlement within the previous five years.”
By John L. Allen, Jr., The Boston Globe — Click here to read the rest of this story.
In some ways, the ‘Pope Francis effect’ doesn’t seem very effective at all. Despite the immense popularity the aged Argentine has won since his election last year, not a jot of doctrine has changed, nor has the Catholic Church swelled with American converts. But there’s more than one way to measure a pontiff’s influence on his far-flung flock …
“‘He’s sent us an invitation,’ says Mark Mullaney, president of Voice of the Faithful, a Boston-based reform group born in the wake of the sex abuse scandal. And now many of us are deciding whether to come to the party.'”
By Daniel Burke, CNN — Click here to read the rest of this story.