The New Haven Register reported today that Rev Michael Moynihan, who resigned from his parish a year ago and was stripped of his priesthood after found living with another man, ripped off a wealthy Greenwich catholic parish some $400G which he used mostly to live a life style comparable to his parishoners. The Register says he spent $58,000 to buy a boat and that he also funded resturaunt and travel expenses.
Can you believe that a bunch of parishoners with lots of wealth, knowing how much they were paying this guy, didn't notice? This my firends is simply bad nonprofit governance -- no checks and balances on the part of the lay folks and on the part of the Diocese (his boss) who state now that they have made "great strides in implementing a new system of financial procedures and controls in all 87 parishes". These strides have even become a "model for other dicoseses" and, says the diocesan spokesperson, "I think people can have a great deal of confidence that the donations to the parishes are used well and wisely for the mission of the parish".
Sure, just like they have all along, before the new system of financial procedures and controls. Come on folks, bad governance does not regain trust over night!