"By World War II, the church had sizable investments and created the Vatican Bank in order to hide its financial dealings with the Nazis from the U.S. and the U.K." - Victor Ganata

Kind of casts Pope Pius XII with a worse light than he already is, huh? - Victor Ganata

"They were just frozen by indecision and fear. They were afraid that if they spoke out, the Nazis might in fact move against Catholics in Germany and even move against the Pope and take him back to Germany as a prisoner. But that fear meant that they abdicated their moral position as the head of the world's largest religion, especially at a time that they continued to make money with the people committing the murder." - Victor Ganata

"One of the reasons the Vatican was frozen in fear against the Nazis and had made their alignment with the Fascists in the first place, was that they feared the Bolsheviks more." - Victor Ganata

"The thing about the Vatican Bank that makes it different in my view is that it's essentially an offshore bank in the middle of a foreign country…." - Victor Ganata

"So what does that result in? It results in the Vatican Bank being one of the top banks in the world for money laundering — a haven often for these business executives involved in scandals in Italy." - Victor Ganata