Vatican slams the world's 'amoral' financial systems, calls for regulations

Pope Francis.
(Image credit: ANDREAS SOLARO/AFP/Getty Images)

The Vatican just served up a savage statement to a majority of the world: Our financial systems have created a "reckless and amoral culture of waste."

In a 15-page document loaded with economic terminology, the Vatican on Thursday called for financial regulation to restore ethics to the world.

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Kathryn Krawczyk

Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.