[RummyChick]

"The pope had apparently tasked the financial executive with making the Vatican bank more transparent. But by approaching his task with perhaps an excess of zeal Gotti Tedeschi upset powerful forces within the Roman Curia, the Vatican's administrative and judicial apparatus. Several high-ranking officials within the Curia viewed the bank, officially known as the Institute for Works of Religion (IOR), as something akin to a trust company for clandestine monetary transactions that is not only used by the Church, but allegedly also by the mafia as well as corrupt politicians and companies. In one of the seized Gotti Tedeschi memos, he wrote: "I've seen things in the Vatican that scare me."

http://www.spiegel.de/international/europe/a-growing-vatican-bank-scandal-threatens-catholic-church-image-a-842140.html

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It's bad when JP Morgan cuts you loose

http://www.forbes.com/sites/realspin/2012/06/26/the-vatican-bank-the-most-secret-bank-in-the-world/
"This past March, JP Morgan Chase closed a Vatican account in Milan after the IOR was “unable to respond” to questionable money transfers, according to Italy’s leading financial newspaper"

[RummyChick]

So what did the Pope and the Vatican Bank do when they could no longer take credit cards because of failure to comply with EU banking rules?????

What does a good mobster do??? Find a way around providing the transparency.

http://www.redliontrader.com/streamingnews/vatican-can-take-credit-cards-again/

Still think the Vatican isn’t hiding money laundering???

/