Tuesday, April 27, 2010

The Vatican makes it too easy

The Financial Times Reports:
Vatican-backed ethical index given baptism

Europe’s first Christian equity index was launched on Monday in response to increasing demand by investors for so-called ethical stocks in the wake of the financial crisis.

The Stoxx Europe Christian Index comprises 533 European companies that only derive revenues from sources approved “according to the values and principles of the Christian religion”...Only groups that do not make money from pornography, weapons, tobacco, birth control and gambling are allowed to be listed.

I mean where do they get off taking about ethics?

Oh yeah, also, isn't that our sector?

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