The news also tells of embarrassing financial scandals:

“Scandal at the Pope’s Bank” was the title of an article appearing in the July 26, 1982, issue of Time magazine. “A billion-dollar Italian bank fraud has reached into the heart of one of the world’s most respected institutions, the Vatican,” said the article. “So far, two people involved in the affair have died . . . At the very center of the scandal is Archbishop Paul C. Marcinkus, the American-born president of the Institute for Religious Works.”

An embarrassed Vatican had to move “to silence” an outspoken Roman Catholic priest (himself an avowed homosexual) who “allegedly condones homosexual activity by priests.”