Wednesday, December 24, 2008

BBC NEWS | UK | Cardinal concerned over distrust and sees lack of trust cauisig credit cruhch

BBC NEWS | UK | Cardinal concerned over distrust

he leader of the Roman Catholic Church in England and Wales has blamed the credit crunch for a "breakdown" in the trust felt by society.

Cardinal Cormac Murphy-O'Connor spoke in London at what was expected to be his final Christmas Midnight Mass as Archbishop of Westminster.

He said market economies must have an underlying moral purpose.

Earlier, the Archbishop of Canterbury urged people to look after each other during the economic downturn.

In his homily at Westminster Cathedral, Cardinal Murphy-O'Connor said that thousands, maybe millions, of people in the UK felt let down by financial institutions and consequently were "deeply anxious" about their future.

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