Word: church
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Dates: during 1960-1969
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...government carved Via Olimpica across Rome to speed traffic to the 1960 Olympic Games, anticlerical pundits charged that the thoroughfare was laid out to provide huge profits for Immobiliare, which owned big tracts of property along the route. Early this year, small stockholders raised an outcry against the church when Pantanella, a big flour-milling firm, cut the book value of its shares by 75% to stave off a possible financial collapse...
Rearranging the Portfolio. Moneymen expect that it will take the Vatican some time to shed all of its unwanted stock holdings. The church has retained a small number of Immobiliare shares, but recently sold its controlling interest in Italiana Condotte Acqua, a major construction firm, to a leading Italian holding company, Bastogi...
...problem in carrying out the new "Pauline policy" is how to keep the Vatican's income high while rearranging its portfolio. Accordingly, financial men expect the church to invest more funds outside Italy than it has in the past. By adopting a low domestic profile as a capitalist, the Pope hopes in time to erase the "Vatican satellite" image from Italian companies...
...youth, he has fashioned a career from contradictions. The first-born son of a Spanish bourgeois father and an aristocratic mother, Luis became a brilliant pupil of Jesuit tutors. But upon reading Darwin's The Origin of Species, he started the opening battle in his long war against church and state. At the University of Madrid, he was an intimate of the revolutionary poet Federico Garcia Lorca and the genius-impostor Salvador Dali, with whom he shared two main interests, cinema and surrealism. Later, they made two pioneer films: The Andalusian Dog, notable for its explicit Freudian imagery...
...like a doctor attending a plagued patient, Buñuel had been infected by what he was treating. "We have just enough religion to make us hate," said Swift, "but not enough to make us love one another." It is impossible to differentiate between the faults of the church and the faults...