A Cardinal Cleans Up the Vatican Bank, Not His Record With Pedophiles
VATICAN CITY—Last year was an exceptional one in the church business, if the Holy See’s balance sheet is any indicator. The 2014 annual report released Monday shows the Vatican’s bank, officially known as the Institute for Religious Works or IOR, turned a profit of more than $72 million—more than 20 times more than it made in 2013. And that sounds like good news, but there are . . .