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| | Vatican, Calvi |
 | | If the Vatican really owned--and controlled-- these Panamian shell companies, it might appear that it had used them to attain secret control over strategic banking and media corporations in Italy-- and, under the assumption they were untraceable, didn't repay their loans. |
 | | But the Vatican insisted that their ownership was only nominal, and Calvi and others used its name for their own purposes. |
 | | Contrary to myth, the Vatican had insufficient resources to pay for all the needs of modern life--pensions for its nuns, hospital care for its employees, multi-language press and radio operations, re-training its Swiss Guard to cope with world tourists, and international travel for its Nuncios and other ambassadors. |
| www.edwardjayepstein.com /archived/vatican.htm (805 words) |
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