Medieval Catholic schism? The FT has warned that the Bank could split into openly warring factions like the great schism of the medieval Catholic church - with one faction led by Paul 'Gregory' Wolfowitz and the other by Graeme 'Benedict' Wheeler.

It is not clear if one pope may be able to defeat the other. According to the FT, while White House support remains for Gregory, the European members of the Bank’s board can protect Benedict and the other rebels, and prevent any attempt by the the weakened pope to fire them. With Benedict protecting them in turn, less senior staff will be free to continue to challenge Gregory and his loyalists.

Which begs the question, who will step forward in the role of Charles V to propose a general council to elect an undisputed pope? Could it be the French once again?

Jeff Powell ~ April 20, 2007

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