The Vatican has found itself in the middle of a critical financial crisis, which threatens to jeopardize the livelihood of retired clergy and staff worldwide
As someone who keeps up with this and whose local diocese is also collapsing under the financial strain (good riddance) I can tell you firsthand a lot of settlements are actually pretty substantial. 6 and 7 figures over and over again.
It’s never enough, let’s be clear. But these aren’t slap on the wrist numbers when you add up the fact that it’s often hundreds of settlements per diocese. Pretty sure the diocese here has roughly 530 settlements they’re paying out right now. A billionaire has been helping them foot the bill but seems it hasn’t been enough.
Yeah quick correction though: I mixed up my local diocese with a Long Island-centered diocese. They had 530 settlements totaling $323mill. Roughly $600k/ea
As someone who keeps up with this and whose local diocese is also collapsing under the financial strain (good riddance) I can tell you firsthand a lot of settlements are actually pretty substantial. 6 and 7 figures over and over again.
It’s never enough, let’s be clear. But these aren’t slap on the wrist numbers when you add up the fact that it’s often hundreds of settlements per diocese. Pretty sure the diocese here has roughly 530 settlements they’re paying out right now. A billionaire has been helping them foot the bill but seems it hasn’t been enough.
Whoa, that’s pretty interesting.
Consequences are a bitch, yeah. It’s not enough, to be honest.
Yeah quick correction though: I mixed up my local diocese with a Long Island-centered diocese. They had 530 settlements totaling $323mill. Roughly $600k/ea
Wish it was more!