Monday, November 9, 2009

GOD'S BANKERS (SUPPLY AND DEMAND)

FORBES--When Goldman Sachs boss Lloyd Blankfein told The Times of London recently that bankers are "doing God's work," the cautionary tale of another successful businessman with ties to finance, London and the Almighty came quickly to mind.

Back in the early 1980s, Roberto Calvi, head of Italy's Banco Ambrosiano, was known as "God's banker," because of his business connections to the Vatican. In 1982, the bank went belly up in the wake of a massive fraud scandal dealing with offshore accounts.

As the investigation unfolded, a complicated picture began to emerge, involving Calvi, the Holy See, a secretive Masonic lodge, the Mafia and allegations of money laundering. That June, "God's banker" vanished; his body was soon found hanging from the scaffolding beneath London's Blackfriars Bridge.

Father Guido...


1 comment:

  1. WB7, for a long time, I thought the 5 minute university was the funniest thing on SNL. Then Tina Fey spoofed a thoroughly unqualified VP candidate, and Father Guido dropped down in the rankings. Thanks for making me laugh out loud on this one.

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