Tuesday, December 31, 2013

Pope's 'anti-capitalism' remarks rattle billionaire donor





(CNBC) Pope Francis’ critical comments about the wealthy and capitalism have at least one wealthy capitalist benefactor hesitant about giving financial support to one of the church’s major fundraising projects.

At issue is an effort to raise $180 million for the restoration of St. Patrick’s Cathedral in New York being spearheaded by billionaire Ken Langone, the investor known for founding Home Depot, among other things…

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Pope"s "anti-capitalism" remarks rattle billionaire donor

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