It just stood out as odd to me to see the Vatican buying the absurd bankruptcy stock. I guess it makes sense for them to buy risky investments because if they don't pay off, then they can just say "The church is struggling and needs your help!"
It just stood out as odd to me to see the Vatican buying the absurd bankruptcy stock. I guess it makes sense for them to buy risky investments because if they don't pay off, then they can just say "The church is struggling and needs your help!"
About the oddity: I doubt if their traders are priests or monks or whatever. The vatican bank probably hires from the same job pool as any other investment bank or trading firm in their region.
About the oddity: I doubt if their traders are priests or monks or whatever. The vatican bank probably hires from the same job pool as any other investment bank or trading firm in their region.
Seems like a non-issue. Risky/bad investments happen.