Posts Tagged financial overhaul
As anyone who paid attention in history class knows, when Spanish explorer Hernán Cortés landed in what’s now Mexico in 1519, he promptly scuttled his ships, thereby leaving his men no choice but to press on in conquest of the Aztec empire. For centuries, that rash act has loomed as an object lesson in total commitment.
“This week (week of July 7) Pope Francis scuttled some ships of his own, on two fronts which have been sources of scandal and heartache for the Catholic Church: sex and money.
“On Monday (July 7), Francis held his first meeting with victims of clerical sexual abuse. Two days later, the Vatican announced a sweeping financial overhaul, including new leadership and a sharply limited role for the troubled Vatican bank.”
By John L. Allen, Jr., The Boston Globe — Click here to read the rest of this article.