>>Banca del Fucino

Nice name. Not much of a stretch of imagination to call it a "fucking bank"

http://www.google.com/hostednews/ap/article/ALeqM5jZE68q9X88dHYq8WimifrCvtjYXgD9ID4U4G0

VATICAN CITY (AP) — The Vatican said Wednesday the seizure by police of euro23 million ($30 million) from a Vatican bank account and the investigation of two top bank officials was due to a simple misunderstanding that should be clarified quickly.

In a front-page article Wednesday, the Vatican newspaper L'Osservatore Romano also provided details about the investigation, saying it began when the Bank of Italy tipped off authorities to a possible violation of anti-money laundering norms by the Vatican bank.

Italian financial police seized the money as a precaution Tuesday, and Rome prosecutors placed the bank's chairman, Ettore Gotti Tedeschi, and his director general, Paolo Cipriani, under investigation for alleged mistakes linked to violations of the norms.

L'Osservatore Romano stressed that since the beginning of the year, the Vatican bank — officially known as the Institute for Works of Religion, or IOR — had been working with the Bank of Italy to conform to Italy's new anti-money laundering norms.

The bank also had supplied documentation in a bid to get on the OECD's so-called "white list" of banks that cooperate with international norms on money-laundering and terrorism, the newspaper said in an article headlined "IOR's transparency."

"It's easy to realize that the nature and the scope of the operations now under investigation could be clarified quickly and easily," L'Osservatore wrote. "The inconvenience was caused by a misunderstanding, which is being clarified, between the IOR and the bank that received the transfer order."

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 the transactions.

L'Osservatore repeated the Vatican's full trust in Gotti Tedeschi, who took over as head of the bank last year, saying his "integrity and authority are well known in Italian and international finance circles."

Gotti Tedeschi has said he was "humiliated and mortified" by the probe but that the transfers in question were for perfectly normal transactions.

Just continuing a proud Italian tradition

>>254754

Mafia fuck yeah

http://en.wikipedia.org/wiki/Banco_Ambrosiano

Fun fact: Popes were traditionally wops (which makes sense because Rome, after all, is in Italy). But in the 20th century they had to go and switch to a Polack and a kraut, and all heck broke loose. LOL

>>254772
>Implying that Pope John Paul the 2nd wasn't an amazing human being that did more for interfaith relationships than the majority of his predecessors.

>interfaith relationships
lol liberals, how is this even a good thing?

>>254779
Well, we want people to stop killing each-other over differing traditions, don't we?

>>254790
5/10

>>254790
First reasonable post on /n/ in months, this place sure has gotten worse, lately.

>>254793
I have trouble believing that this sort of thing is 'honest', really. I'm more inclined to believe that they're trolling.

Of course, that means that the board is infested by trolls, but that's better than it being infested by truly violent racists.

All this racism, real or not, chases people away. It just makes /n/ unmarketable.

/n/ is just full of trolls now, but everyone knows that every post is trolling so it's just pathetic

>>254796
Granted, but people are entitled to their right to speak their minds.

You may not always agree with what they have to say, but that's something that you have to put up with.

Personally, I would rather have them spouting their hate speech than for it to be illegal for them to do so.

The fact that they can say this sort of things means that the Internet is still free enough for me to voice my own opinion free of censure.

Their bigotry and hate is a necessary evil. It reminds us that we're still free enough to speak without fear.

>>254798
Most of the time it's just SUBHUMAN CHIMP STUPID GOOK back and forth bullshit

Sure, increased interfaith dialogue was "good" - so good the Pope went out and bought a new car to celebrate. So good that now Catholics don't even take their faith seriously anymore, and will be replaced by Sunni Islam as the largest religious sect.

>>254800
>implying people abandoning religion is bad

>>254799
As distasteful as I find that sort of thing, the good of free speech comes with the bad. We have equal rights to self-expression.

>>254800
I believe that the attempt on the Pope's life was at least partially instigated by his attempts to smooth over certain disparities.

A hateful people are easier to control and manipulate than a more, shall we say 'easy-going' culture?

>>254801
Well, that's a different discussion entirely. Personally, I think that religion can be a beautiful thing, so long as you aren't using it as a bludgeon.

>>254798
Bigotry and racism is sanity, one day whites will wake up and say "we don't like our elderly, women, and children, being attacked on a daily constant basis by subhuman vermin" !

And that day will be a glorious day!

>>254813
See this is what I'm talking about it's boring, you're nothing but a one trick pony.

>>254814
Are you saying that minorities don't have a more unstable temperament than Whites?

I personally don't dare say, but it seems thats the jist of the ''troll's'' message...

>>254821
I'm saying that you are a boring troll, who has nothing interesting to say.

>>254825
What do I have to do with it? I'm asking what you think about the message the other person you're calling a troll is spouting.

>>254826
sigh -5/10

>>254831
So you have no opinion, k.

nobody even bothers with discussion here anymore because every decent thread gets derailed 5 posts in

>>254835
Yeah, there's been a bad case of the one liners going on for the last year or so. I just usually come here for the article accumulation and don't read the threads anymore

>>254862
>mfw somebody actually reads the full articles.

Isn't this the plot to the Godfather 3?