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Vatican Probed, For A Change - Poem by Ray Lucero

The saying goes “Turnabout is fair play”
Church gets probed for banking crime
For when priests on choirboys’ did prey
B’cuz God punishes evil from time to time


From; Huffington Post 09-21-2010
VATICAN CITY — Italian authorities seized euro23 million ($30 million) from a Vatican bank account Tuesday and said they have begun investigating top officials of the Vatican bank in connection with a money-laundering probe.
The Vatican said it was 'perplexed and surprised' by the investigation.
Italian financial police seized the money as a precaution and prosecutors placed the Vatican bank's chairman and director general under investigation for alleged mistakes linked to violations of Italy's anti-laundering laws, news reports said.
The investigation is not the first trouble for the bank – formally known as the Institute for Works of Religion. In the 1980s, it was involved in a major scandal that resulted in a banker, dubbed 'God's Banker' because of his close ties to the Vatican, being found hanging from Blackfriars Bridge in London.
The Vatican expressed full trust in the chairman of the bank, Ettore Gotti Tedeschi, and his director-general, identified by the Vatican directory as Paolo Cipriani. It said the bank had been working for some time to make its finances more transparent to comply with anti-terrorism and anti-money-laundering regulations.
'The Holy see is perplexed and surprised by the initiatives of the Rome prosecutors, considering the data necessary is already available at the Bank of Italy, ' it said in a statement.
Gotti Tedeschi told state-run RAI television that he was 'humiliated and mortified' by news of the probe, which he said had arrived just as he was implementing new transparency procedures at the bank.
News reports circulated more than a year ago that Italian investigators were scrutinizing millions of euros worth of Vatican bank transactions to see if they violated money-laundering regulations.
In Tuesday's case, police seized the money from a Vatican bank account at the Rome branch of Credito Artigiano Spa, according to news agencies ANSA and Apcom. The bulk of the money, euro20 million ($26 million) , was destined for JP Morgan in Frankfurt, with the remainder going to Banca del Fucino.
According to the reports, the Vatican bank had neglected to communicate to financial authorities where the money had come from. The reports stressed that Gotti Tedeschi wasn't being investigated for laundering money himself but for a series of alleged omissions in financial transactions.
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Poems About Money

  1. 1. Vatican Probed, For A Change , Ray Lucero
  2. 2. Tax Breaks For The Rich , Joseph Narusiewicz
  3. 3. The One With Heaps Of Money , Francis Duggan
  4. 4. Money , Edward Kofi Louis
  5. 5. Man, (Money) Or God , Dr John Celes
  6. 6. Charlax43titlestheme43 , Charles Hice
  7. 7. Everyone Is A Beggar , Rm.Shanmugam Chettiar.
  8. 8. If You Have , Bijay Kant Dubey
  9. 9. The 47% Mitt Romney Calls Welfare Slobs , Joseph Narusiewicz
  10. 10. The Costly Scientific Research (Opinion) ! , Varanasi Ramabrahmam
  11. 11. The Old Sugar Daddy's Woman , Francis Duggan
  12. 12. Without A Few Good Laughs A Day , Francis Duggan
  13. 13. I Will Take The Money , Francis Duggan
  14. 14. Which Is Weilding Power - Money Or Love? , Ramesh T A
  15. 15. Where Do We Go From Here? , Edward Kofi Louis
  16. 16. The Fleas' Market , MOHAMMAD SKATI
  17. 17. The Poor People And Their Poverty , MOHAMMAD SKATI
  18. 18. Herbie The Hermit , David Harris
  19. 19. Rural Princess , Donal Mahoney
  20. 20. The Ronald And The Pyramid Scheme , Donal Mahoney
  21. 21. Bullshit Walks, Money Talks , Floy Dy (Floyd) Ra (Floydson)
  22. 22. Money Is Quite Important , Francis Duggan
  23. 23. Money And Love , Francis Duggan
  24. 24. 'With No Moolah? ' , Lawrence S. Pertillar
  25. 25. 'No One Makes Money From Poetry' , Shalom Freedman
  26. 26. 666 The Warehouse Part Two , Charles Hice
  27. 27. With That Money Speaks All Languages , Francis Duggan
  28. 28. Money Does Speak All Languages , Francis Duggan
  29. 29. When You Have Money , MOHAMMAD SKATI
  30. 30. Lack Of Money Does Not Mean Lack Of Wisdom , MOHAMMAD SKATI
  31. 31. Different Aspect Of Money. , Gangadharan nair Pulingat..
  32. 32. Everybody Vs.My Money , Palas Kumar Ray
  33. 33. People Make Hard Earned Money , Dr.V.K. Kanniappan
  34. 34. With Good Intention , MOHAMMAD SKATI
  35. 35. Not To Be Is Better Than To Be , MOHAMMAD SKATI
  36. 36. Sense Of Money , maria sudibyo
  37. 37. Aroma Of Money , Pradip Chattopadhyay
  38. 38. Some Day Soon , Donal Mahoney
  39. 39. Fundamental Of Liar Chapter Clxvi:  time.. , maria sudibyo
  40. 40. Baltimore 4/27/15 , Joseph Narusiewicz
  41. 41. A Different Law , Francis Duggan
  42. 42. What Is The Sanctity And Greatness Of Pr.. , Varanasi Ramabrahmam
  43. 43. Who Are The Poor? , RoseAnn V. Shawiak
  44. 44. The Writer (Opinion) , Varanasi Ramabrahmam
  45. 45. Old Sammy , Francis Duggan
  46. 46. Old Bill , Francis Duggan
  47. 47. Money Is Sacred , Naveed Akram
  48. 48. The Gold Coast Sugar Daddies , Francis Duggan
  49. 49. If I Had Plenty Money , Francis Duggan
  50. 50. Briany , Francis Duggan
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