Daily Archives: May 11, 2010

One-third of Goldman Sachs shareholders call for greater transparency

One-third of shareholders at Goldman Sachs May 7 voted in favor of a resolution seeking greater transparency in the bank’s derivatives trading ventures. The resolution was the third offered at major banks in recent weeks by representatives of the Interfaith … Continue reading

Posted in CNS | 1 Comment

Flying to Portugal, pope says abuse crisis “terrifying”

ABOARD THE PAPAL FLIGHT TO PORTUGAL — Pope Benedict XVI said the priestly sex abuse scandal is a “terrifying” crisis that comes from inside the church — not from an outside attack — and requires purification and penance to overcome. The … Continue reading

Posted in CNS, papal trip, Vatican | 10 Comments