Interview with Funding Options chief executive Simon Cureton: UK Chancellor’s £350bn business loan scheme leaves fintech lenders out in the cold

Interview with Funding Options chief executive Simon Cureton: UK Chancellor’s £350bn business loan scheme leaves fintech lenders out in the cold

admin April 20, 2020 0 Comments

UK-based Learn Bonds—Millions of Britain’s small businesses are desperate for cash to cover wages a month into the coronavirus lockdown – but the alternative finance industry feels the government has left them with their noses pressed against the window while high street banks dither over approvals. That is certainly the view of Funding Options chief executive Simon Cureton…

Find Out if You Qualify for a newly designated SBA Loan due to virus-related shutdowns, and Don’t Wait to Apply

Find Out if You Qualify for a newly designated SBA Loan due to virus-related shutdowns, and Don’t Wait to Apply

admin March 24, 2020 0 Comments

If you qualify for a hardship loan for your business due to consequences of attempts to halt rapid acceleration of spread of coronavirus COVID-19, don’t wait to begin the application process. Here are some important links you’ll need: Disaster Loan Assistance: Federal Disaster Loans for Businesses, Private Nonprofits, Homeowners, and Renters – Fact Sheet https://disasterloan.sba.gov/

What is Wrong with Moral Investing and How can it be done better?

What is Wrong with Moral Investing and How can it be done better?

admin February 5, 2020 1 Comment


Much has been written about the morality of investing in the stock market, often expressed in terms of an obligation to avoid stock in companies that are engaged in immoral businesses. This can be very difficult considering the wide variety of business activities of major corporations and the diverse stock holdings in modern mutual funds,…

The SECURE Act and What It Could Mean for Your Retirement Planning

The SECURE Act and What It Could Mean for Your Retirement Planning

admin January 20, 2020 0 Comments

The SECURE Act (short for Setting Every Community Up for Retirement Enhancement Act) was signed into law by President Trump. It went into effect on Jan. 1. The SECURE Act is the most significant piece of retirement legislation since 2006 and will make it easier for tens of millions of hardworking Americans to save for…

Cardinal Pell objected to 50MM Euro Vatican hospital loan, those now embroiled in Vatican financial scandal prevailed

Cardinal Pell objected to 50MM Euro Vatican hospital loan, those now embroiled in Vatican financial scandal prevailed

admin November 6, 2019 0 Comments

Vatican City, Nov 5, 2019-CNA—A 50 million euro loan request to secure the purchase of a bankrupt hospital was vetoed by Cardinal George Pell and financial authorities at the Institute for Works of Religion, commonly called the Vatican Bank, before it was approved by the Holy See’s central bank, APSA, where the loan breached international…

Vatican cardinals linked to missing millions and financial scandal

Vatican cardinals linked to missing millions and financial scandal

. October 31, 2019 0 Comments

Vatican City, Oct 29, 2019-CNA– An Italian dermatology hospital and two senior cardinals are at the center of a burgeoning financial scandal involving a Vatican bank, the U.S.-based Papal Foundation, and millions of euros from misallocated government grants. The events concern the financial collapse of the Istituto Dermopatico dell’Immacolata (IDI), an Italian hospital.  According to…

Becciu says $200 million London property deal was ‘accepted practice’

Becciu says $200 million London property deal was ‘accepted practice’

admin October 30, 2019 0 Comments

CNA—Cardinal Angelo Becciu has denied any impropriety in a real estate investment made with Vatican funds and insisted that he only acted in the best interests of the Holy See. In an interview with Italian media published Tuesday, the former deputy at the Holy See’s Secretariat of State rejected any wrongdoing in the authorization of…

Vatican documents detail suspicious investments at Secretariat of State

Vatican documents detail suspicious investments at Secretariat of State

admin October 22, 2019 0 Comments

A confidential report from the Vatican’s anti-corruption authority shows that the Secretariat of State has used about $725 million, most of which came from the pope’s charity fund, in off-books operations. Italian weekly L’Espresso published a report Oct. 20, revealing information from three confidential Vatican documents, one of which is a report from the pope’s…

Cardinal Becciu at center of Vatican financial investigation

Cardinal Becciu at center of Vatican financial investigation

admin October 15, 2019 0 Comments

CNA—The recent raid of Vatican offices is connected to an investigation into charges that Vatican money financed the development of luxury properties in London, and led to a windfall for the Vatican’s investment managers, according to an Oct. 14 report from Financial Times. According to Financial Times, Vatican police and prosecutors are investigating the possibility…

Vatican prosecutors conduct raid on Secretariat of State offices

Vatican prosecutors conduct raid on Secretariat of State offices

admin October 8, 2019 0 Comments

Vatican prosecutors seized documents and electronic devices in a raid executed Tuesday at the offices of the most senior curial department. According to a statement from the Holy See press office Oct. 1, the raid was conducted at the offices of the general affairs section of the Secretariat of State. The action was authorized by…

Meet the quiet Catholic money manager who’s comfortably beating the market

Meet the quiet Catholic money manager who’s comfortably beating the market

admin September 30, 2019 0 Comments

MarketWatch—More than 30 years ago, Philadelphia stockbroker Mark Mulholland bought a sandwich for a homeless man and it changed his life. “He said to me, ‘Whatever you did for one of the least of these brothers of mine you did unto me,’” Mulholland recalls. “Then he said, ‘That is Matthew, 25.’” He pulled a bible…

Ex head of the Vatican bank faced threats and intimidation

Ex head of the Vatican bank faced threats and intimidation

admin April 4, 2019 0 Comments

Crux—In two recent interviews, the former president of the Institute for the Works of Religion (IOR), better known as the Vatican Bank, spoke about the relationship between members of the Roman Curia and a failed Italian bank, the manipulation of accounts at the IOR and how working in the Vatican led him almost to lose…

Vatican Bank: Follow the Money if you can

Vatican Bank: Follow the Money if you can

admin April 4, 2019 0 Comments

On January 4, 2013, a month before Pope Benedict resigned, the Italian Central Bank turned the lights off on the entire Vatican. The Vatican no longer had the ability to make any electronic financial transactions. Italian authorities asserted that the Vatican was not in compliance with international money-laundering rules. This was a clear message that…

Papal Foundation Shaken by Scandalous Request to Fund Ailing Italian Hospital

Papal Foundation Shaken by Scandalous Request to Fund Ailing Italian Hospital

admin March 26, 2018

PHILADELPHIA (CNA/EWTN News)—Controversy over a $25 million grant from The Papal Foundation to a Rome hospital at the request of Pope Francis has prompted the foundation to say some claims about the issue are inaccurate, but that it will review its mission and take corrective measures where necessary.   The Philadelphia-based foundation said March 22…

End of Summer Musings

End of Summer Musings

CBJ Editors September 16, 2007

U.S. ECONOMY As the nation’s housing bubble continues to deflate, the general economy remains reasonably robust. U. S. GNP figures for the second quarter showed growth of 3.4%, well above most economic estimates, as consumers and a newly growing export trade (due at least partially to a weaker dollar) pushed growth ahead. To date, the…

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