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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. 201. Vatican Probed, For A Change , Ray Lucero
  2. 202. Money , Edward Kofi Louis
  3. 203. Thelostmoney , Charles Hice
  4. 204. Everyone Is A Beggar , Rm.Shanmugam Chettiar.
  5. 205. The 47% Mitt Romney Calls Welfare Slobs , Joseph Narusiewicz
  6. 206. The One With Heaps Of Money , Francis Duggan
  7. 207. U.S. Federal Reserve Bank Controls Curre.. , Terence George Craddock (aft ..
  8. 208. Man, (Money) Or God , Dr John Celes
  9. 209. Charlax43titlestheme43 , Charles Hice
  10. 210. Where’s Your Treasure? , Bob Gotti
  11. 211. The Old Sugar Daddy's Woman , Francis Duggan
  12. 212. Without A Few Good Laughs A Day , Francis Duggan
  13. 213. I Will Take The Money , Francis Duggan
  14. 214. Which Is Weilding Power - Money Or Love? , Ramesh T A
  15. 215. The Fleas' Market , MOHAMMAD SKATI
  16. 216. The Poor People And Their Poverty , MOHAMMAD SKATI
  17. 217. Rural Princess , Donal Mahoney
  18. 218. The Ronald And The Pyramid Scheme , Donal Mahoney
  19. 219. Where Do We Go From Here? , Edward Kofi Louis
  20. 220. With That Money Speaks All Languages , Francis Duggan
  21. 221. Money Does Speak All Languages , Francis Duggan
  22. 222. Herbie The Hermit , David Harris
  23. 223. Bullshit Walks, Money Talks , Floy Dy (Floyd) Ra (Floydson)
  24. 224. With Good Intention , MOHAMMAD SKATI
  25. 225. Not To Be Is Better Than To Be , MOHAMMAD SKATI
  26. 226. Everybody Vs.My Money , Palas Kumar Ray
  27. 227. People Make Hard Earned Money , Dr.V.K. Kanniappan
  28. 228. Different Aspect Of Money. , Gangadharan nair Pulingat..
  29. 229. A Plate Of Delicious Salad , MOHAMMAD SKATI
  30. 230. When You Have Money , MOHAMMAD SKATI
  31. 231. Lack Of Money Does Not Mean Lack Of Wisdom , MOHAMMAD SKATI
  32. 232. Money Is Quite Important , Francis Duggan
  33. 233. Money And Love , Francis Duggan
  34. 234. 'With No Moolah? ' , Lawrence S. Pertillar
  35. 235. 'No One Makes Money From Poetry' , Shalom Freedman
  36. 236. 666 The Warehouse Part Two , Charles Hice
  37. 237. Who Are The Poor? , RoseAnn V. Shawiak
  38. 238. Sense Of Money , maria sudibyo
  39. 239. Fundamental Of Liar Chapter Clxvi:  time.. , maria sudibyo
  40. 240. Baltimore 4/27/15 , Joseph Narusiewicz
  41. 241. A Different Law , Francis Duggan
  42. 242. Some Day Soon , Donal Mahoney
  43. 243. Aroma Of Money , Pradip Chattopadhyay
  44. 244. Objecting Yet Expecting , Lawrence S. Pertillar
  45. 245. When Money Is Involved , Lawrence S. Pertillar
  46. 246. So You Boil Down To Money , RIC S. BASTASA
  47. 247. The Gold Coast Sugar Daddies , Francis Duggan
  48. 248. If I Had Plenty Money , Francis Duggan
  49. 249. Briany , Francis Duggan
  50. 250. What Use To You , Francis Duggan
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