Saturday, June 25, 2011

Catholic bank owned pill shares

 
Contraceptives

http://news.bbc.co.uk/2/hi/8180739.stm

Catholic bank owned pill shares
Contraceptive pill
The Catholic Church is staunchly against the use of the pill

A Roman Catholic bank in Germany has apologised after admitting it bought stocks in defence, tobacco and birth control companies.

Contraceptive pill
The Catholic Church is staunchly against the use of the pill

A Roman Catholic bank in Germany has apologised after admitting it bought stocks in defence, tobacco and birth control companies.

Der Spiegel newspaper discovered the bank had invested 580,000 euros (£495,310, $826,674) in British arms company BAE Systems.

It also invested 160,000 euros in American birth control pill maker Wyeth and 870,000 euros in tobacco companies.

The bank apologised for behaviour "not in keeping with ethical standards".

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