I'm feeling the "Chair" is relating to someone who is "Chairing a Board of Directors". They are known as "The Chair". Who and what board? If "They" answer to the "Master" then all we need to know is what board relates directly to the Vatican (bear in mind, there are MANY). I'll keep digging and going back over the breadcrumbs. The answer is in here somewhere.
"Allo Allo"….. something smells a little fishy here. Pope sacks the whole Board of the Vatican Banking Watchhttps:// www. independent.co.uk/news/world/europe/pope-francis-sacks-entire-board-of-vaticans-financial-watchdog- 9494834.htmldog. Follow the breadcrumbs bakers
Definiately some dirt here. Pope Francis sacks the whole Vatican Board of Banking Watchdogs, leaving one Director and employing a group of internationals who - some claim - are described as the "Catholic Masons" and having financial interests in the Vatican.
Pope Francis’s battle to clean up the Vatican’s scandal-mired bank, the Institute of Religious Works (IoR), has entered a new stage, with his removal of the entire board of the Holy City’s financial watchdog.
The five Italians heading the Financial Information Authority (AIF) have been replaced with an international group of experts, including a woman, two years before they were supposed to step down. Vatican insiders say the drastic move followed clashes between the board members, who formed part of the old boys’ network and the body’s Swiss director, René Brülhart, an anti-money laundering expert, who remains in charge.
“Brülhart wanted a board he could work with and it seems the Pope has come down on his side and sent the old-boy network packing,” a Vatican source told Reuters. The Vatican said in a statement that Pope Francis had thanked the “illustrious” former members. Spokesman Father Federico Lombardi said the changes were in line with the agency’s “internationalisation” and were in response to the requirements of a new statute introduced last year.
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The new board members are Juan Zarate, a Harvard law professor and former US presidential financial security adviser; Marc Odendall, a financial consultant to Swiss charities; Joseph Yuvaraj Pillay, the former head of the Monetary Authority of Singapore; and Maria Bianca Farina, the head of two Italian insurance companies.
According to the Catholic weekly, The Tablet, reformist members of the Curia had urged the Pope to bring in professionals with a global perspective who would back Mr Brülhart’s efforts to modernise the IoR, following years in which the institution had dragged its heels on complying with international standards on financial transparency.
Among the recent scandals, Monsignor Nunzio Scarano, a former senior Vatican accountant who had close ties to the IoR, is currently on trial accused of plotting to smuggle millions of dollars into Italy from Switzerland in order to help rich friends lower their tax bills. Investigators believe he used his two IoR accounts as overseas slush funds. Records show that on one occasion in 2012 he withdrew €560,000 (£455,000) from an IoR account in a single transaction.
Paolo Cipriani and Massimo Tulli, the IoR’s former director and deputy director, who resigned last July after Msgr Scarano’s arrest, have been ordered to stand trial on charges of violating anti-money laundering norms.
Last July Pope Francis also appointed a separate five-person commission to examine the overall management of the Vatican’s finances. But some critics said that instead of a breath of fresh air, they were Vatican insiders, all of whom had IoR bank accounts. Some of the commission members were reported to have personal connections to Carl Anderson, who is a member of the IoR’s board of directors and head of the wealthy Knights of Columbus, which has been described as the “Catholic masons”.
In June last year, a report was released on a 30-month investigation into the IoR. The document said that high demand for recycling cash, together with the lack of checks and controls by the IoR and the Italian financial institutions it dealt with, made the Vatican bank a money-laundering hot spot. The same month it emerged that the IoR was seeking to close 900 suspicious accounts. According to the Corriere della Sera newspaper, four of the suspect accounts were linked to the Vatican embassies in Indonesia, Iran, Iraq and Syria. In a press conference as he was flying back from his trip to the Middle East, the Pope stressed he was committed to bringing “honesty and transparency” to the Holy See’s finances.
https:// www. ncronline.org/news/k-c-leader-named-vatican-bank-supervisor
So Pope Francis appoints the Head of The Knights of Columbus to run the Vatican Bank, then nominates him for a Sainthood. This gets curiouser and curiouser
K of C leader named Vatican bank supervisor
Sep 23, 2009
by John Thavis, Catholic News Service
VATICAN CITY – The head of the Knights of Columbus has been named by Pope Benedict XVI to a five-member council that supervises the activities of the Vatican bank.
Supreme Knight Carl A. Anderson, who heads the 1.7 million-member fraternal organization, was among three new council members announced by the Vatican Sept. 23. Leaving his post on the council was Virgil Dechant, who stepped down as head of the Knights of Columbus in 2000.
The pope also named a new president of the council, Ettore Gotti Tedeschi, an Italian banker and a professor of financial ethics at the Catholic University of the Sacred Heart in Milan, and a new vice president, Renaldo Hermann Schmitz, a retired German business manager.
The Vatican bank, known formally as the Institute for the Works of Religion, was established in 1942 and is used by Vatican agencies, church organizations, bishops and religious orders around the world. It offers currency exchange services and interest-bearing accounts and, like all banks, has an investment portfolio.
The supervisory council of lay experts was established in 1989 in a reorganization of the bank, following involvement – unwitting involvement, according to Vatican bank officials – in an Italian banking scandal.
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Anderson, 58, also runs the Knights of Columbus insurance program, which has more than $14 billion in assets and some $71 billion worth of insurance in force. For the 34th year in a row, Anderson said recently, the program has earned the highest rating given by A.M. Best and for the 17th year in a row it earned Standard & Poor's top rating.
And in more Knights of Columbus news:
Sainthood for Knights of Columbus founder possible within two years
By Jack Sheedy, Catholic News Service
HARTFORD, Conn. – Carl Anderson, supreme knight of the Knights of Columbus, said he hopes that consideration of new evidence of a possible miracle will lead to sainthood for the founder of the Knights of Columbus within two years.
Anderson made the remarks to The Catholic Transcript, the newspaper of the Archdiocese of Hartford, moments before Hartford Archbishop Henry J. Mansell signed documents containing new information gathered by the tribunal that is investigating the cause for canonization for Father Michael J. McGivney.
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The documents, which remain secret, were sealed Sept. 22 in the presence of about 50 witnesses and prepared for delivery to the Vatican.
McGivney (1852-90) was a priest of the Archdiocese of Hartford who founded the Knights of Columbus in 1882 in New Haven. The cause for his sainthood formally began in Hartford in 1997.
Anderson said the ceremony marked "a very important day for the cause of McGivney because it is the conclusion of the medical evidence and assessment [of] the miracle that's been submitted, or what we hope will be considered a miracle, and so this is a very important step for us."
As to how much longer the sainthood process might take, he said, "Well, the fact that the Congregation [for Saints' Causes] has declared McGivney to be [a] venerable servant of God [in March 2008] means that it is now on a higher priority track, so we hope, once all the material that has been obtained through this process is assessed and put in a written report to the congregation, that they'll act with expedition. So maybe within two years."
Also present at the signing ceremony was Andrea Ambrosi, postulator or promoter for the cause of McGivney's sainthood. Ambrosi, vice president and academic dean at the Dominican House of Studies in Washington, took over the position about a year ago from Dominican Father Gabriel O'Donnell, who is now vice postulator.
Ambrosi has been postulator for the causes of about 300 candidates for sainthood, about 10 of whom have become saints, he said.
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P = C
Does the Pope serve "Carl" The head of the Knights of Columbus.
Google "Knights of Columbus"
Heaps of Photo's of the Bushes, Kennedy's and Nixon amongst others. Not using Wikipedia as any great resource please, but just as a quick reference for you all:
Supreme Convention
A photograph of President George Bush shaking hands with fourth degree knights.
George W. Bush greets Fourth Degree Knights at the 122nd Annual Convention.
The Knights of Columbus invites the head of state of every country in which they operate to the annual Supreme Convention.[121] In 1971, US President Richard Nixon gave the keynote address at the States Dinner; Secretary of Transportation and Knight John Volpe had arranged this first appearance of a US President at a Supreme Council gathering.[122]
President Ronald Reagan spoke at the Centennial Convention in 1982.[123] Reagan presented the order with a President's Volunteer Action Award at the White House in 1984.[124] President George H. W. Bush appeared in 1992. President Bill Clinton sent a written message while he was in office, and President George W. Bush sent videotaped messages before he attended in person at the 2004 convention.[125] President Barack Obama has also sent written messages during his term in office.[126]
Assemblies
Fourth degree members belong to one of 3,109 assemblies, including 75 created in 2012.[44] The first assembly in Europe was established in 2012,[44] and in 2013 a new assembly for Boston-area college councils was created at Harvard University.[127] As of 2013 there were 335,132 Fourth Degree members, including 15,709 who joined the ranks of the Patriotic Degree the year before.[44]