Excerpt:
- ^ Along with the Renaissance Villa Grimani Valmarana at Noventa Padovana on the terrafirma [1]
- ^ Also known as the "Palazzo Loredan-Vendramin-Calergi" etc; it was built by Andrea Loredan, and paid for by the Doge Leonardo Loredan.
- ^ Ca Vendramin Calergi
- ^ Hotel Cipriani
Rooms & Suites - Palazzo Vendramin
Palazzo Vendramin is a 15th-century residence linked to the Hotel Cipriani through an ancient courtyard and a passageway lined by flowers. It houses 16 suites and rooms with sweeping vistas over the gardens and across to St Mark's Square.
http://www.nytimes.com/2010/09/22/world/europe/22vatican.html
Excerpt:
Money-Laundering Inquiry Touches Vatican Bank
By RACHEL DONADIO
Published: September 21, 2010
ROME — Italian monetary authorities said Tuesday that they had impounded $30 million from the Vatican bank and placed its top two officers under investigation in connection with a money-laundering inquiry. The announcement amounted to another potential storm confronting the papacy of Benedict XVI, who is struggling with the effects of a priestly abuse scandal.
Angelo Carconi/Associated Press
Italian financial police officers in front of St. Peter's Square in Rome. The Vatican bank's top two officials face a money-laundering investigation.
In a statement, the Vatican expressed “perplexity and surprise” that the bank’s chairman, Ettore Gotti Tedeschi, and its director general, Paolo Cipriani, had been placed under investigation. It added that it had the “greatest trust” in the two men and that it had been working for greater transparency in its finances.
The investigation is the first into the Vatican bank since the early 1980s, when it was implicated in the collapse of an Italian bank whose chairman, nicknamed “God’s banker,” was mysteriously found dead, hanging from Blackfriars Bridge in London.
http://themonsignors.blogspot.com/2011/07/on-board-of-directors.html
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http://en.wikipedia.org/wiki/Istituto_per_le_Opere_di_Religione
Excerpt:
On 21 September 2010, Italian police declared that Gotti Tedeschi and another IOR manager were under investigation for money laundering charges. €23 million were seized as a precaution.[23] Police began an investigation regarding Tedeschi around a week before the news was made public after a division of the Bank of Italy alerted police to two transactions involving the Vatican Bank that were deemed suspicious.[24] The money seized was bound from an Italian bank, Credito Artigianato, to JP Morgan Chase and another Italian bank, Banca del Fucino.[24] Both the origin and destination of the funds were accounts under the control of the Vatican Bank.[25] The Vatican Bank had allegedly failed to disclose the origin of the money, a violation of Italian law.[24]
http://www.cathnewsusa.com/2011/07/vatican-bank-president-larger-families-are-solution-to-economic-crisis/
Excerpt:
The aging population of the United States and European nations is the “true origin of the current economic crisis,” according to the president of the Vatican Bank.
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=CRA:IM
Excerpt:
http://ncronline.org/blogs/ncr-today/vatican-bank-president-humiliated-probe
Excerpt:
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PDF version The president of the Vatican Bank has declared himself “humiliated” to be the object of a money laundering probe, while the mayor of Rome has expressed “solidarity” for Vatican Bank officials and “perplexity” about the investigation revealed yesterday.
“Since I was nonimated to the presidency of the Institute for the Works of Religion, I have worked, together with the director general, Paolo Cipriani, to resolve the problems for which today I’m being investigated,” Ettore Gotti Tedeschi told reporters yesterday.
The Institute for the Works of Religion (IOR) is the formal name of the Vatican Bank.
“I feely deeply humiliated for what’s happening, and I don’t intend to add anything else,” Gotti Tedeschi said to the Italian news agency ADNKRONOS.
Roman authorities announced yesterday that some $30 million in funds belonging to the Vatican Bank have been frozen and that both Gotti Tedeschi and Cipriani are under investigation for allegedly violating European Union norms on combatting money laundering. The probe began when the Bank of Italy signalled two suspicious transactions in which the source of funds was not identified in keeping with EU protocols.
The $30 million was deposited by the Vatican Bank in another Italian institution, Credito Artigiano. The transactions involved transfers to two other banks, JP Morgan in Frankfurt and the Banca del Fucino.
From the outset, O’Reilly, who inherited his father’s emotional volatility, seems to have viewed himself as a Dirty Harry figure. During a junior year abroad, he lived in Opus Dei housing in London
http://en.wikipedia.org/wiki/Mortification_of_the_flesh
Excerpt:
Karl Marx saw "mortifications of the flesh" as a kind of apology or excuse for the rich to maintain the status quo. To quote Marx,
The investigation is the first into the Vatican bank since the early 1980s, when it was implicated in the collapse of an Italian bank whose chairman, nicknamed “God’s banker,” was mysteriously found dead, hanging from Blackfriars Bridge in London.
http://themonsignors.blogspot.com/2011/07/on-board-of-directors.html
Excerpt:
Structures
The "Joseph Ratzinger (Benedict XVI) Vatican Foundation" consists of the following structures:
- The Board of Directors, whose members are: Msgr. Giuseppe A. Scotti, Mr. Paolo Cipriani, Msgr. George Gänswein, Rev. Stephen Horn and Rev. Giuseppe Costa
- A President, Msgr. Giuseppe A. Scotti, and a Vice President, Mr. Paolo Cipriani;
- The Board of Auditors composed of Mr. Alessandro Grisanti, President, and of members Msgr. Alberto Perlasca and Mrs. Maria Teresa Carone;
- The Board of Researchers composed of Cardinal Camillo Ruini, President and members Cardinal Tarcisio Bertone, Cardinal Angelo Amato, Jean-Louis Bruguès e Luis Francisco Ladaria.
http://en.wikipedia.org/wiki/Istituto_per_le_Opere_di_Religione
Excerpt:
On 21 September 2010, Italian police declared that Gotti Tedeschi and another IOR manager were under investigation for money laundering charges. €23 million were seized as a precaution.[23] Police began an investigation regarding Tedeschi around a week before the news was made public after a division of the Bank of Italy alerted police to two transactions involving the Vatican Bank that were deemed suspicious.[24] The money seized was bound from an Italian bank, Credito Artigianato, to JP Morgan Chase and another Italian bank, Banca del Fucino.[24] Both the origin and destination of the funds were accounts under the control of the Vatican Bank.[25] The Vatican Bank had allegedly failed to disclose the origin of the money, a violation of Italian law.[24]
http://www.cathnewsusa.com/2011/07/vatican-bank-president-larger-families-are-solution-to-economic-crisis/
Excerpt:
Vatican bank president: Larger families are solution to economic crisis
Ettore Gotti Tedeschi
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=CRA:IM
Excerpt:
CRA Details
Credito Artigiano S.p.A. engages in the provision of banking and investment services in Italy. It offers loans, savings accounts, insurance, investments, pension funds, and credit card services. The company operates three product lines, including investment and bank insurance that provides savings products, and life and casualty insurance; transfer products; and financing products, such as mortgage, consumer, and business loans, as well as factoring services. It also offers online banking services. The company serves families, professionals, and small businesses. It operates a network of approximately 144 branches in the areas of London, Monza and Brianza, Pavia, Florence, Lawn, Piacenza, Pisa, Pistoia, Lucca, Rome, Lodi, and Cremona. The company, formerly known as Piccolo Credito Artigiano, was founded in 1946 and is headquartered in Milan, Italy. Credito Artigiano S.p.A. is a subsidiary of Credito Valtellinese Soc Coop.http://ncronline.org/blogs/ncr-today/vatican-bank-president-humiliated-probe
Excerpt:
Vatican Bank president 'humiliated' by probe
by John L Allen Jr on Sep. 22, 2010
Printer-friendly versionSend to friendPDF version The president of the Vatican Bank has declared himself “humiliated” to be the object of a money laundering probe, while the mayor of Rome has expressed “solidarity” for Vatican Bank officials and “perplexity” about the investigation revealed yesterday.“Since I was nonimated to the presidency of the Institute for the Works of Religion, I have worked, together with the director general, Paolo Cipriani, to resolve the problems for which today I’m being investigated,” Ettore Gotti Tedeschi told reporters yesterday.
The Institute for the Works of Religion (IOR) is the formal name of the Vatican Bank.
“I feely deeply humiliated for what’s happening, and I don’t intend to add anything else,” Gotti Tedeschi said to the Italian news agency ADNKRONOS.
Roman authorities announced yesterday that some $30 million in funds belonging to the Vatican Bank have been frozen and that both Gotti Tedeschi and Cipriani are under investigation for allegedly violating European Union norms on combatting money laundering. The probe began when the Bank of Italy signalled two suspicious transactions in which the source of funds was not identified in keeping with EU protocols.
The $30 million was deposited by the Vatican Bank in another Italian institution, Credito Artigiano. The transactions involved transfers to two other banks, JP Morgan in Frankfurt and the Banca del Fucino.
Excerpt:
Two top officers of the Vatican bank have been put under investigation along with impounding of $30 million in connection with a money-laundering inquiry, said Italian monetary authorities, September 21. This is another issue 
http://en.wikipedia.org/wiki/Mortification_of_the_flesh
Excerpt:
Karl Marx saw "mortifications of the flesh" as a kind of apology or excuse for the rich to maintain the status quo. To quote Marx,
Nothing is easier than to give Christian asceticism a socialist tinge. Has not Christianity declaimed against private property, against marriage, against the state? Has it not preached in the place of these, charity and poverty, celibacy and mortification of the flesh, monastic life and Mother Church? Christian socialism is but the holy water with which the priest consecrates the heart-burnings of the aristocrat.Secondly, Marx says that in a "commodity culture" that fixes everything into a formatted product, the worker loses his self-awareness; his idiosyncratic or unique self is mortified. The one who works today, unlike in some ideal time, hands his product over to the market, to some corner of the globe. This sacrifice of his life's work and craft is described by Marx as "alienating". The physical work is part of this alienation and thus becomes self-mortification:
External labor, labor in which man alienates himself, is a labor of self-sacrifice, of mortification. Finally, the external character of labor for the worker is demonstrated by the fact that it belongs not to him but to another, and that in it he belongs not to himself but to another. Just as in religion the spontaneous activity of the human imagination, the human brain, and the human heart, detaches itself from the individual and reappears as the alien activity of a god or of a devil, so the activity of the worker is not his own spontaneous activity. It belongs to another, it is a loss of his self.
The Appian Way in Rome, photograph by Paolo Cipriani
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