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2013 Who will be the next Grand Master of the Equestrian Order of the Holy Sepulchre of Jerusalem?

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04/20/2013 12:43 PM
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2013 Who will be the next Grand Master of the Equestrian Order of the Holy Sepulchre of Jerusalem?
History lesson 2>

Savoy - King of Jerusalem | Grand Master of the Equestrian Order of the Holy Sepulchre of Jerusalem -- On August 17, 2011, after John Patrick Foley had reached resignation age, Cardinal Bertone asked Archbishop O'Brien during a visit to Rome to take the position of Pro-Grand Master; O'Brien accepted the next day, and was appointed on August 29, 2011. Cardinal O'Brien was named Grand Master of the Equestrian Order of the Holy Sepulchre of Jerusalem on March 15, 2012.
[link to en.wikipedia.org]

The Equestrian Order of the Holy Sepulchre of Jerusalem (lat.: Ordo Equestris Sancti Sepulcri Hierosolymitani, OESSH) is a Roman Catholic order of knighthood under the protection of the pope. The office of Grand Master remained vested in the papacy until 1949. Since then a cardinal has been grand master. The Pope is sovereign of the Order, and it enjoys the protection of the Holy See and has its legal seat at Vatican City.

The ultimate fall of the Kingdom of Jerusalem to the Muslims in 1291 did not suspend pilgrimages to the Tomb of Christ, or the custom of receiving knighthood there, and when the custody of the Holy Land was entrusted to the Franciscan Order, they continued this pious custom and gave the order its first Grand Master after the death of the last King of Jerusalem.

Grand Masters of the Order
In 1496, Pope Alexander VI created the office of Grand Master of the Order. Until 1949, the office was vested in the papacy. Afterwards, the following cardinals have held the office: Nicola Canali, 1949-1960 Eugene Tisserant, 1960-1972 Maximilien de Furstenberg, 1972-1988 Giuseppe Caprio, 1988-1995 Carlo Furno, 1995-2007 John Patrick Foley, 2007-2011 Edwin Frederick O'Brien, since 2011
[link to en.wikipedia.org]

English: Coat of arms of the Order of the Holy Sepulchre
Français : Armes de l'Ordre Équestre du Saint-Sépulcre de Jérusalem
[link to en.wikipedia.org]

The Holy See (Latin: Sancta Sedes, Italian: Santa Sede) is the episcopal jurisdiction of the Catholic Church in Rome. The primacy of Rome makes its bishop, commonly known as the Pope, the worldwide leader of the church. Diplomatically, the Holy See acts and speaks for the whole Roman Catholic Church. It is also recognized by other subjects of international law as a sovereign entity, headed by the Pope, with which diplomatic relations can be maintained."
[link to en.wikipedia.org]

Map of the Vatican City
[link to en.wikipedia.org]

The headquarters of the Institute for the Works of Religion, popularly known as the Vatican bank, inside the Bastion of Nicholas V in the Vatican.

A former top aide to Pope Francis said yesterday that a little-known aspect of his record as the archbishop of Buenos Aires lends credence to speculation that sooner or later, he may shut down the Vatican Bank.
On Tuesday, the Reuters news agency quoted two Vatican officials anonymously who said that closing the bank, formally known as the "Institute for the Works of Religion," is an option Francis might consider.
Yesterday Federico Wals, a layman who served as the future pope's spokesperson in Buenos Aires since 2007, told NCR he believes that may well be the case.
"I think he'll move everything to the Bank of Italy, or something like that," Wals told NCR, citing as a precedent a key decision made by then-Cardinal Jorge Mario Bergoglio when he arrived in Buenos Aires in the late 1990s.

According to Wals, when Bergoglio took over the archdiocese was essentially broke. One reason, he said, was that the church was a partial owner of several local banks, so it could borrow on highly favorable terms -- a situation, he said, that didn't encourage fiscal discipline.
"We had the same issues as the Vatican Bank is facing today," Wals said. "It was a black hole, so there were basically no limits on what we could spend."
Wals said that Bergoglio swiftly took personal responsibility for the financial mess. The key move, according to Wals, was that Bergoglio decided to sell off the archdiocese's bank shares and to transfer its funds to international banks such as HSBC and UBS, "as a normal client" rather than a partial owner.
That step, Wals suggested, not only imposed greater restraint on borrowing and spending, but it also spared the church the potential embarrassment of being linked as an owner to banking scandals.
Asked if he thinks Francis is likely to take a similar step as pope with regard to the Vatican Bank, Vals said, "Yes, I believe so."
The Institute for the Works of Religion has been an occasional source of scandal over the years, and recently has once again found itself facing scrutiny.
[link to ncronline.org]

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