When the chief executive of Goldman Sachs, Lloyd Blankfein, told a newspaper the company was “doing God’s work,” his appeal on behalf of higher powers was an attempt to rescue the tainted reputation of not only his own investment bank but the entire industry.
But for the Catholic Church, even this most obvious of strategies might not be enough to stem an inexorable decline.
The church is one of the oldest and most profitable brands in history. Financial details are kept sketchy, but this vast multinational dwarfs any other....