| Riding the coattails of history, the Vatican remains a cesspit of money-laundering. The bank's modus operandi is to remain shrouded in mystery, keeping everything possible away from public light. At the bank, many times anonymity is guaranteed, and so capital gains go untaxed, financial statement undisclosed. JPMorgan worked as one of the pope's banksters with complete disregard for moral hazard. It was not until JPMorgan was caught naked in bed with the pope, engaging in massive and illegal transfers, did the bank begin scrutinizing the Vatican's financial dealings to which it was an accomplice. |
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At silvervigilante.com
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