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...very center of the scandal is Archbishop Paul C. Marcinkus, the American-born president of the Institute for Religious Works, the so-called Vatican Bank. Investigators now know that Marcinkus played a part, perhaps unwittingly, in a huge loan scheme that could bring down the Milan-based Banco Ambrosiano, Italy's eleventh largest bank...

Author: /time Magazine | Title: Scandal at the Pope's Bank | 7/26/1982 | See Source »

...investigators unraveled Calvi's tangled financial affairs, they kept running across the name of Archbishop Marcinkus. The Vatican Bank has long owned 1.58% of the Banco Ambrosiano, but now there is suspicion that it actually holds much more. In addition, Marcinkus until very recently had sat on the board of the bank's Nassau-based subsidiary, Banco Ambrosiano Overseas Ltd., which helped arrange the questionable overseas loans...

Author: /time Magazine | Title: Scandal at the Pope's Bank | 7/26/1982 | See Source »

NAMED. Joseph L. Bernardin, 54, Archbishop of Cincinnati and former president of the National Conference of Catholic Bishops, by Pope John Paul II to succeed the ate John P. Cardinal Cody as Archbishop of Chicago, the nation's largest archdiocese, with 2.5 million Roman Catholics. A liberal on social issues but a conservative on church doctrine, Bernardin was the subject of controversy last year when his name surfaced in the private journals of the Rev. Andrew Greeley, a writer and Cody critic. Greeley created a fictional scenario in which Bernardin succeeded the embattled Cody as part of a plot...

Author: /time Magazine | Title: Milestones: Jul. 19, 1982 | 7/19/1982 | See Source »

...Lake Seminary in Mundelein, the author's alma mater, in 1956, just two years after Greeley was. Greeley remembers being "very cautious, very conservative. I kept all the rules." So does Sean. Assigned to a black parish (unlike Greeley), he works himself to near collapse. A new archbishop sends the exhausted curate off to Rome to study the history of church marital theology, and Sean finds himself on the famous papal birth control commission, where he stubbornly decides to abstain from voting. The move wins him an interview with Pope Paul VI, whom he lectures about the need...

Author: /time Magazine | Title: Books: The Luck of Andrew Greeley | 7/12/1982 | See Source »

Sean's triumph is something more than diverting summer fiction for Greeley. For years he was an outspoken foe of the late, scandal-plagued Archbishop of Chicago, John Cardinal Cody ("One of the most truly evil men I have ever known," he once said). Assuming Cody's position would be the ultimate revenge. That is a basic problem with Thy Brother's Wife: its mean streak. Most of the tragedies in the novel result not from too much lovemaking but too much getting even. Perhaps this is less a reflection of Greeley's art than...

Author: /time Magazine | Title: Books: The Luck of Andrew Greeley | 7/12/1982 | See Source »

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