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BOOK REVIEW: 'God's Bankers': Exhaustive Look at Money and Power in Vatican City
"You can't run the Church on Hail Marys" --- Archbishop Paul Marcinkus, (1922-2006) former head of the Vatican Bank

Cicero, IL-born Paul Marcinkus, a central figure in Gerald Posner's "God's Bankers: A History of Money and Power at the Vatican" (Simon & Schuster, 752 pages, photographic inserts, notes, bibliography, index, $32.00) practiced what he preached at one of the world's most opaque financial institution, the Istituto per le Opere di Religione (IOR), also known as the Vatican Bank, from 1971 to 1989.

The 6-foot 3 inch Lithuanian American also doubled as a bodyguard/interpreter for several popes. He certainly stood out among the mostly diminutive denizens of one of the world's smallest countries. Despite having no financial experience he managed to hang on to his job, writes Posner, who spent nine years researching and writing this book. The exhaustive research -- including several details revealed for the first time -- shows, as does the gripping...

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