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Evil fuckers ...
By World War II, the church had sizeable investments and created the Vatican Bank in order to hide its financial dealings with the Nazis from the U.S. and Britain.
"I was surprised to the extent to which the Vatican was deeply embedded with German companies," Posner says. "They bundled together life insurance policies of Jewish refugees who had been sent to Auschwitz and other death camps. They escheted these policies early on — meaning they took the cash value of them."
Later, when the surviving children or grandchildren of the victims tried to collect on the insurance policies, they were refused. "These insurance companies would refuse to pay out saying: 'Show us a death certificate,' which they knew was impossible," Posner explains. "They would keep the money."
http://www.npr.org/2015/01/30/382374060/from-laundering-to-profiteering-a-multitude-of-sins-at-the-vatican-bank
By World War II, the church had sizeable investments and created the Vatican Bank in order to hide its financial dealings with the Nazis from the U.S. and Britain.
"I was surprised to the extent to which the Vatican was deeply embedded with German companies," Posner says. "They bundled together life insurance policies of Jewish refugees who had been sent to Auschwitz and other death camps. They escheted these policies early on — meaning they took the cash value of them."
Later, when the surviving children or grandchildren of the victims tried to collect on the insurance policies, they were refused. "These insurance companies would refuse to pay out saying: 'Show us a death certificate,' which they knew was impossible," Posner explains. "They would keep the money."
http://www.npr.org/2015/01/30/382374060/from-laundering-to-profiteering-a-multitude-of-sins-at-the-vatican-bank