Saturday, 7 June 2008

Archbishop D'Inde

Dear Reader (if you're still here...),

First, apologies for the non-blogging of late. Partly because I've been on a leave of absence, and partly because I'm a lazy sod... :( But I hope my forthcoming posts will make up for it...

The Bishop has been upsetting some at the Diocesan Council recently, particularly Archbishop D'Inde and his cronies...

Archbishop D'Inde is in day-to-day charge of the Council's investments. Now, whilst he seems to do extremely well at 'managing relationships' with banks - well, no shit, I mean they want our money! - he seems to have dug himself in something of a hole with some of his investment decisions, although, to be fair, Cardinal Sam and the Pope himself share a great deal of the blame.

In particular, D'Inde et al have invested a very large proportion of the Diocese's funds into one particular institution, and claimed that it was a zero-risk investment... and then adopted an investment policy based on the same strategy for the future. Whilst the Bishop objected loudly, and a few others quietly, most in the Diocesan Council didn't dare question D'Inde's approach...

Unfortunately, some (rather sick looking) chickens appear to have come home to roost:

  • As the Bishop mentioned ages ago, his willingness foolishness to openly question D'Inde has been severely punished, with the Diocese's first openly-female archbishop, Archbishop Kerry, together with D'Inde, coming down on BB like a ton of bricks... despite D'Inde later backing down on some of his most foolish policy decisions. The lesson for anyone thinking of dissenting from received (from above) wisdom in future is clear...
  • At the same time, the Cardinal has been musing on the lack of experience amongst the more senior clergy... this may be linked to the last point, a culture encouraged by his Eminence's predecessor. The Cardinal is apparently concerned that this may underpin some of the problems in the Diocese and the Diocesan Council. No shit, Sherlock! However, nothing will be done about it whilst the current senior clergy are in place (note to Cardinal Sam's successors (Archbishop Ozzie is apparently in the frame): you'll need to clear out a lot of people - replace them from outside the Diocesan Council...)
  • Oh, and the financial outcome... what was 'risk-free' is apparently very high risk... I fear that £3bn is not the last we'll hear of it...
Oh well. The parishioners will simply have to put their hands in their pockets again. Tithes to rise significantly... but it will be the Cardinal's successor who will be left to do so, and sort out the mess (let's hope there isn't an appeal to Rome again, like there was in the 70s, when the Diocesan Council last fucked up on such a scale...).

And Archbishop D'Inde will no doubt receive a fat bonus and a promotion for his efforts (Archbishop Kerry already has... :(


BB

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