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I know Ed loves these financial stories. For those of us who try to follow along somewhat, while still leading lives, it's hard to tell sometimes if these are big stories published or not. For example this one, the only new story seems to be the headline? Admitted I didn't read the whole article...

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Damn. So what happens if Mincione is successful in British courts and the Vatican successfully proves its case against Mincione?

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To be clear, these Channel Islands are Guernsey, Jersey, Sark, etc. and not the mostly uninhabited Channel Islands off the coast of Southern California? I imagine one group would be a much more effective tax haven and place of contested legalities than the other.

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