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Incompetence and corruption behind Vatileaks
Catholic Church Conservation ^ | 2 June 2012 | Cathcon

Posted on 06/01/2012 4:37:13 PM PDT by Gillibrand

The Gemelli Hospital in Rome, owned by the Church, has a hole in theie accounts of one billion. This has been revealed in a letter to Cardinal Bertone: "There is danger of bankruptcy"

A few days ago the Secretary of State Tarcisio Bertone received a report with devastating content regarding the healthcare operations of the Catholic University of Sacred Heart which controls the Gemelli Hospital, showing a total debt of nearly one billion (750 to banks and 170 million to suppliers), and the risk of a crash is very close. "L'Espresso" has read the confidential memo dated May 17, 2012 from Joseph Profiti, Bertone loyalist and part of the management of the University emphasising without any nonsense the seriousness of the situation. This has been caused by mismanagement and the fact that the claims budgeted by management of the hospital against the Lazio Region (about 820 million, which in theory balance the debts, money that includes 257 million still in an arbitration court) are largely uncollectible.

(Excerpt) Read more at cathcon.blogspot.com ...


TOPICS: Catholic; Moral Issues; Religion & Politics
KEYWORDS: bertone; catholic; europeanunion; rome; vatileaks
Lots more on the scandal by clicking on Vatileaks tag
1 posted on 06/01/2012 4:37:25 PM PDT by Gillibrand
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks Gillibrand.


2 posted on 06/01/2012 4:46:24 PM PDT by SunkenCiv (FReepathon 2Q time -- https://secure.freerepublic.com/donate/)
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To: Gillibrand

Have posted quite a few new articles today on Vatileaks and there will be more tomorrow on the financial clouds surrounding the Vatican Bank.


3 posted on 06/02/2012 4:49:28 PM PDT by Gillibrand (Gillibrand)
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To: Gillibrand

Have posted quite a few new articles today on Vatileaks and there will be more tomorrow on the financial clouds surrounding the Vatican Bank.


4 posted on 06/02/2012 4:50:37 PM PDT by Gillibrand (Gillibrand)
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