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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-02-09 08:02 PM
Original message
WTF?
http://news.bbc.co.uk/2/hi/europe/8180739.stm
Catholic bank owned pill shares

A Roman Catholic bank in Germany has apologised after admitting it bought stocks in defence, tobacco and birth control companies.

Der Spiegel newspaper discovered the bank had invested 580,000 euros (£495,310, $826,674) in British arms company BAE Systems.

It also invested 160,000 euros in American birth control pill maker Wyeth and 870,000 euros in tobacco companies.

The bank apologised for behaviour "not in keeping with ethical standards".

--snip--
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Orsino Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-03-09 11:06 AM
Response to Original message
1. Bank issues apology for being caught. n/t
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