"This audit identified numerous deficiencies in the procedures the complex asset team implemented to track, safeguard, value and dispose of complicated and valuable assets," the report said.
He said: "Just as the commandment 'Thou shalt not kill' sets a clear limit in order to safeguard the value of human life, today we also have to say 'thou shalt not' to an economy of exclusion and inequality.
"Just as the commandment 'Thou shalt not kill' sets a clear limit in order to safeguard the value of human life, today we also have to say 'thou shalt not' to an economy of exclusion and inequality.
In aggressively trying to safeguard the value of their assets, incoming residents are relentlessly lobotomising the cities they want to call home, ironing out the edgy "vibrancy" on which they were sold their dream of urban living.
It is a struggle to live and, often, to live with precious little dignity.‚ Just as the commandment "Thou shalt not kill" sets a clear limit in order to safeguard the value of human life, today we also have to say "Thou shalt not" to an economy of exclusion and inequality.
This month, the Chinese envoy to the World Trade Organization said in Geneva that the United States had failed to safeguard the value of its currency, worsening the pain for people around the world who pay high oil and food prices in dollars.
This option is only available to the likes of America and Britain, which have been allowed to borrow in their domestic currencies and seem already to be exploiting this fact.Creditors used to be alive to these dangers and insisted on international agreements that required countries to safeguard the value of their currencies.
The most recent system, which rested on a belief that central banks will use inflation targeting to safeguard the value of fiat money, seems to be breaking down.The column didn't really have the space to deal with what the new system might look like.
But in last autumn's essay, Evangelii Gaudium, Francis wrote that: "Just as the commandment 'Thou shalt not kill' sets a clear limit in order to safeguard the value of human life, today we also have to say 'Thou shalt not' to an economy of exclusion and inequality.
One passage in Evangelii Gaudium appalled many: "Just as the commandment: 'Thou shalt not kill,' sets a clear limit in order to safeguard the value of human life, today we also have to say 'Thou shalt not,' to an economy of exclusion and inequality".
