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how's this for a cosy arrangement

  • 22-08-2011 10:53am
    #1
    Voodoo_rasher
    Registered Users, Registered Users 2 Posts: 521 ✭✭✭


    Vatican won't cough up so it gets an Irish bank 'patsy' to do that instead. In the form of loans of course.

    So it seems the abuse victims in question get screwed Twice unwittingly as the Diocese seeks to pay the loan back..

    http://www.dailymail.co.uk/news/arti...e-victims.html


Comments

  • #2
    orourkeda
    Closed Accounts Posts: 17,918 ✭✭✭✭orourkeda


    Is monday the sabbath day now.

    all these catholic church threads have me confused


  • #3
    L.Jenkins
    Moderators, Computer Games Moderators, Technology & Internet Moderators Posts: 19,242 Mod ✭✭✭✭L.Jenkins


    First they get done by priests and now by the banks.


  • #4
    chin_grin
    Closed Accounts Posts: 10,808 ✭✭✭✭chin_grin


    ItsThatManAgain wrote: »
    First they get done by priests and now by the banks.

    Hide yo kids, hide yo wife. They be rapin' ey-body up in here!


  • #5
    L.Jenkins
    Moderators, Computer Games Moderators, Technology & Internet Moderators Posts: 19,242 Mod ✭✭✭✭L.Jenkins


    Maybe now the banks could offer free tubs of KY with every loan.


  • #6
    Jess16
    Registered Users, Registered Users 2 Posts: 1,176 ✭✭✭Jess16


    Thread title sounds like Amanda Brunker plugging sofas


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  • #7
    Amhran Nua
    Closed Accounts Posts: 4,124 ✭✭✭Amhran Nua


    Maybe its the Monday morning thing, but if AIB loaned the church in the US funds to cover their compensation bill, and the Irish government has guaranteed AIB, does that mean we the taxpayers are on the hook for the child abuse perpetrated by the Catholic church in other countries?


  • #8
    orourkeda
    Closed Accounts Posts: 17,918 ✭✭✭✭orourkeda


    ItsThatManAgain wrote: »
    Maybe now the banks could offer free tubs of KY with every loan.

    They giving it to you in the arse too.


  • #9
    L.Jenkins
    Moderators, Computer Games Moderators, Technology & Internet Moderators Posts: 19,242 Mod ✭✭✭✭L.Jenkins


    Well if the priests need loans after having some fun times, then they may aswell switch out the KY with deep heat so everyones a loser.


  • #10
    orourkeda
    Closed Accounts Posts: 17,918 ✭✭✭✭orourkeda


    ItsThatManAgain wrote: »
    Well if the priests need loans after having some fun times, then they may aswell switch out the KY with deep heat so everyones a loser.

    Its as if anyone is winning to begin with


  • #11
    teol
    Closed Accounts Posts: 292 ✭✭teol


    Amhran Nua wrote: »
    Maybe its the Monday morning thing, but if AIB loaned the church in the US funds to cover their compensation bill, and the Irish government has guaranteed AIB, does that mean we the taxpayers are on the hook for the child abuse perpetrated by the Catholic church in other countries?

    Yep
    Irish Independent - April 2007

    AIB is owed almost $29m (?21.4m) as the single biggest unsecured creditor in controversial Chapter 11 bankruptcy proceedings taken by the San Diego Catholic diocese, which has been left reeling after more than 100 claims were taken against it by alleged sexual abuse victims.
    Two separate loans - one for $28.4m and another for $227,000 - were made by AIB's Los Angeles branch to entities connected with the diocese, which filed for bankruptcy protection in February. It is the largest US Catholic diocese to seek a Chapter 11 haven amidst a raft of similar abuse claims made against dioceses in the US.

    The move, defended by Bishop Robert Brom, was criticised by campaigners seeking restitution for the alleged abuse. One of the accused, Rev Patrick O'Keeffe, is currently living in Ireland. He is alleged in 1972 to have coaxed a then 17-year-old Nicki Rister to have sex with him.

    AIB loaned millions of dollars to Catholic School Education Inc. The bank's exposure is listed in court documents as "a letter of credit securing $28.4m variable demand revenue bonds for CSE". The $227,000 was loaned to "Catholic charities used to purchase property".

    The loans are listed as contingent liabilities, meaning the level of potential loss would be predicated on a number of possible events. It is believed that AIB is not concerned that it will realise any loss on the loans it made.

    The San Diego diocese has claimed assets worth more than $100m, and potential liabilities of over $100m. Last week a court ordered an audit of the diocese finances following accusations that it is attempting to hide assets in almost 800 bank accounts established by local parishes. The diocese denied the claim.

    http://www.independent.ie/business/irish/church-owes-aib-29m-124247.html


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  • #12
    Amhran Nua
    Closed Accounts Posts: 4,124 ✭✭✭Amhran Nua


    teol wrote: »
    Yep
    Oh for pity's sake. Is there no end to the arrogant blaggardry of these frocked frauds.


  • #13
    Spacedog
    Registered Users, Registered Users 2 Posts: 1,775 ✭✭✭Spacedog


    Why not try mentioning this in the Christianity board... they will happily blame everyone and their dog except for either themselves or the church. your post will be moved to the super abuse mega thread and buried, or locked within minutes.

    I propose CAB seize all ROCs assets here in Ireland to pay for this, and that the Irish government vote to reverse the limited liability insurance policy where the irish tax payer pay 100% of all present and future ROC sexual abuse compensation costs.

    Belgian police had no problem raiding churches and offices for evidence of abuse. it's still the case here that the church receives special treatment.


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