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AMIDST THE WRECKAGE OF FINANCIAL RUIN, PEOPLE ARE LEFT PUZZLING ABOUT HOW IT HAPPENED. WHERE DID ALL THE PROBLEMS BEGIN? For the answer, Jack Cashill, a journalist as shrewd as he is seasoned, looks past the headlines and deep into pages of history and comes back with the goods. From Plato to payday loans, from Aristotle to AIG, from Shakespeare to the Salomon Brothers, from the Medici to Bernie Madoff—in Popes and Bankers Jack Cashill unfurls a fascinating story of credit and debt, usury and “the sordid love of gain.” With a dizzying cast of characters, including church officials, gutter loan sharks, and even the Knights Templar, Cashill traces the creative tension between “pious restraint” and “economic ambition” through the annals of human history and illuminates both the dark corners of our past and the dusty corners of our billfolds.
New York Times Bestseller: A “deeply researched” exposé of the money and the clerics-turned-financiers at the heart of the Vatican (Chicago Tribune). From a master chronicler of legal and financial misconduct, a magnificent investigation nine years in the making, God’s Bankers traces the political intrigue of the Catholic Church in “a meticulous work that cracks wide open the Vatican’s legendary, enabling secrecy” (Kirkus Reviews). Decidedly not about faith, belief in God, or religious doctrine, this book is about the church’s accumulation of wealth and its byzantine financial entanglements across the world. Telling the story through two hundred years of prelates, bishops, cardinals, and the popes who oversee it all, Gerald Posner uncovers an eyebrow-raising account of money and power in one of the world’s most influential organizations. God’s Bankers is a revelatory and astounding saga marked by poisoned business titans, murdered prosecutors, and mysterious deaths written off as suicides; a carnival of characters from popes and cardinals to financiers and mobsters to kings and prime ministers; and a set of moral and political circumstances that not only clarify the church’s aims and ambitions, but reflect the larger tensions of more recent history. Posner also assesses Pope Francis’s potential to overcome the resistance to change in the Vatican’s Machiavellian inner court and rein in the excesses of its seemingly uncontrollable financial quagmire. “As exciting as a mystery thriller” (Providence Journal), this book reveals with extraordinary precision how the Vatican has evolved from a foundation of faith to a corporation of extreme wealth and power. “Reads like a sprawling novel, full of complex characters and surprising twists. . . . Readers interested in issues involving religion and international finance will find Posner’s work a compelling read.” —Library Journal “An extraordinarily intricate tale of intrigue, corruption and organized criminality. . . . Posner’s gifts as a reporter and storyteller are most vividly displayed in a series of lurid chapters on the American archbishop Paul Marcinkus, the arch-Machiavellian who ran the Vatican Bank from 1971-1989.” —The New York Times Book Review
The Pope, His Banker, and Venice by Felix Gilbert Pdf
This is a story of how men worked, intrigued, and made business deals in an Italy invaded by continental countries and England. It brings together diplomacy, war, business, and politics, juxtaposing differing institutional structures and political ways among Italy's city states, and bringing into focus the new men of the Renaissance.
Papal Banking in Renaissance Rome by Francesco Guidi Bruscoli Pdf
This work is concerned with the activities of the Florentine merchants active in Rome during the mid-sixteenth century, and their connections and relations with the Apostolic Chamber, particularly during the pontificate of Pope Paul III.
Papal Banking in Renaissance Rome by Francesco Guidi Bruscoli Pdf
Benvenuto Olivieri was a Florentine banker active in Rome during the first half of the sixteenth century. A self made man without any great family patrimony, he rose to prominence during the pontificate of Pope Paul III, becoming involved with a variety of papal enterprises which allowed him to get to the heart of the mechanisms governing the papal finances. Amassing a considerable fortune along the way, Olivieri soon built himself a role as co-ordinator of the appalti (revenue farms) and became one of the most powerful players in the complex network that connected bankers and the papal revenue. This book explores the indissoluble link that had developed between the papacy and bankers, illuminating how the Apostolic Chamber, increasingly in need of money, could not meet its debts, without farming out the rights to future income. Utilising documents from a rich corpus of unpublished sources in Florence and Rome, Guidi Bruscoli unravels the web of financial connections that bound together Florentine and Genoese bankers with the papacy, and looks at how money was raised and the appalti managed.
Look out for a new book from Garry Wills, What The Qur'an Meant, coming fall 2017. "The truth, we are told, will make us free. It is time to free Catholics, lay as well as clerical, from the structures of deceit that are our subtle modern form of papal sin. Paler, subtler, less dramatic than the sins castigated by Orcagna or Dante, these are the quiet sins of intellectual betrayal." --from the Introduction From Pulitzer Prize-winning author Garry Wills comes an assured, acutely insightful--and occasionally stinging--critique of the Catholic Church and its hierarchy from the nineteenth century to the present. Papal Sin in the past was blatant, as Catholics themselves realized when they painted popes roasting in hell on their own church walls. Surely, the great abuses of the past--the nepotism, murders, and wars of conquest--no longer prevail; yet, the sin of the modern papacy, as revealed by Garry Wills in his penetrating new book, is every bit as real, though less obvious than the old sins. Wills describes a papacy that seems steadfastly unwilling to face the truth about itself, its past, and its relations with others. The refusal of the authorities of the Church to be honest about its teachings has needlessly exacerbated original mistakes. Even when the Vatican has tried to tell the truth--e.g., about Catholics and the Holocaust--it has ended up resorting to historical distortions and evasions. The same is true when the papacy has attempted to deal with its record of discrimination against women, or with its unbelievable assertion that "natural law" dictates its sexual code. Though the blithe disregard of some Catholics for papal directives has occasionally been attributed to mere hedonism or willfulness, it actually reflects a failure, after long trying on their part, to find a credible level of honesty in the official positions adopted by modern popes. On many issues outside the realm of revealed doctrine, the papacy has made itself unbelievable even to the well-disposed laity. The resulting distrust is in fact a neglected reason for the shortage of priests. Entirely aside from the public uproar over celibacy, potential clergy have proven unwilling to put themselves in a position that supports dishonest teachings. Wills traces the rise of the papacy's stubborn resistance to the truth, beginning with the challenges posed in the nineteenth century by science, democracy, scriptural scholarship, and rigorous history. The legacy of that resistance, despite the brief flare of John XXIII's papacy and some good initiatives in the 1960s by the Second Vatican Council (later baffled), is still strong in the Vatican. Finally Wills reminds the reader of the positive potential of the Church by turning to some great truth tellers of the Catholic tradition--St. Augustine, John Henry Newman, John Acton, and John XXIII. In them, Wills shows that the righteous path can still be taken, if only the Vatican will muster the courage to speak even embarrassing truths in the name of Truth itself.
Throughout the thirteenth century Western European monarchs were hampered by the failure of their traditional revenues to meet their new expenses. Edward I of England solved the primary problem of acquiring adequate funds with the imposition of a duty on wool and leather and by more frequent direct taxes. But collection was slow and irregular; there still remained the problem of liquidity. To ensure a steady flow of cash to meet his military, administrative, and diplomatic needs Edward developed a special relationship with a company of Italian merchant-bankers, the Societas Riccardorum de Luka. Richard W. Kaeuper analyzes this relationship to provide valuable information on the financial needs of the king's government and its daily routine at a critical stage in its development. Equally interesting is the examination of the operations of the Italian banking houses that were becoming prominent in the economic life of northwestern Europe and were to become famous in the fourteenth century. Originally published in 1973. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Named for the ironic coincidence of the Irish baby boom of the 1970s, which peaked nine months to the day after Pope John Paul II’s historic visit to Dublin, The Pope’s Children is both a celebration and bitingly funny portrait of the first generation of the Celtic Tiger—the beneficiaries of the economic miracle that propelled Ireland from centuries of deprivation into a nation that now enjoys one of the highest living standards in the world.
A thoughtful, highly acclaimed biography of Giovanni Battista Montini, Paul VI, which sheds light on and powerfully underscores the personal and ecclesial sides of a man who brought modernity to the church.
Watch the Highlights Video of the June 24 live panel discussion from Rome.??????? When Pope Francis' pontificate has passed, it's very likely that one of the nineteen cardinals featured in these pages will be elected to become the next Supreme Pontiff of the Catholic Church, the spiritual leader of over a billion Catholics and the most influential and widely respected moral and religious figure in the world. Yet outside the Vatican walls, despite the considerable roles that some of these men play in the Church and in the world, few of them are known by the public — or even by their brother cardinals. Hence this book, an engrossing and thoroughly documented instrument through which a future pope may be known
The Medici are famous as the rulers of Florence at the high point of the Renaissance. Their power derived from the family bank, and this book tells the fascinating, frequently bloody story of the family and the dramatic development and collapse of their bank (from Cosimo who took it over in 1419 to his grandson Lorenzo the Magnificent who presided over its precipitous decline). The Medici faced two apparently insuperable problems: how did a banker deal with the fact that the Church regarded interest as a sin and had made it illegal? How in a small republic like Florence could he avoid having his wealth taken away by taxation? But the bank became indispensable to the Church. And the family completely subverted Florence's claims to being democratic. They ran the city. Medici Money explores a crucial moment in the passage from the Middle Ages to the Modern world, a moment when our own attitudes to money and morals were being formed. To read this book is to understand how much the Renaissance has to tell us about our own world. Medici Money is one of the launch titles in a new series, Atlas Books, edited by James Atlas. Atlas Books pairs fine writers with stories of the economic forces that have shaped the world, in a new genre - the business book as literature.
"A brilliant book on a number of different levels. Lascelles has an engaging prose style and an amazing eye for detail and apposite anecdote. Surely only purblind Catholic zelanti will object to this outstanding analysis.” – Frank McLynn, author of Genghis Khan, Napoleon and 1066 “Lascelles has achieved the seemingly impossible: a concise and highly readable history of Catholic Popes that manages to be extremely entertaining and informative at the same time.” – Gerald Posner, author of God’s Bankers “Lascelles has taken an overwhelming subject, and not been overwhelmed by it in any way. A highly enjoyable read. ” – Paul Strathern, author of The Medici For many people, the popes are an irrelevance: if they consider them at all, it may be as harmless old men who preach obscure sermons in Latin. But the history of the popes is far from bland. On the contrary, it is occasionally so bizarre as to stretch credulity. Popes have led papal armies, fled in disguise, fathered children (including future popes), and authorised torture. They have been captured, assaulted and murdered. While many have been admired, others have been hated to such a degree that their funeral processions have been disrupted and statues of them torn down after their deaths. Many have been the enemies of freedom and progress – divisive rather than unifying figures. In a fascinating and engaging read, best-selling author Christopher Lascelles examines the history of the popes through the ages, laying bare the extent to which many of them fell so very short of the Christian ideals they supposedly represented. He explains how it was that, professing to follow a man who said ‘My kingdom is not of this world’ and 'Lay not up for yourselves treasures upon earth’, they nevertheless became the heads of a rich state that owned more land in Europe than any king, relying on foreign military aid to keep power; and how pride, greed and corruption became commonplace in an institution founded on love, faith and forgiveness. This book is aimed at the general reader who is short on time and seeks an accessible overview unencumbered by ecclesiastical jargon and scholarly controversies.
