Cardinal comments on absence of a sound moral and ethical basis for business dealings
Cardinal Camillo Ruini, the president of the Italian bishops' conference, has commented on the Parmalat business scandal in Italy. The debacle, he said, exposed "an unexpected vulnerability in our economic and financial system," caused largely by the absence of a sound moral and ethical basis for business dealings.
The brief report is carried in Catholic World News today.
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CWN Italian cardinal sees lessons in Parmalat collapse
21 Jan 2004