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When I was very young I worked at a non-Church-owned bank for a while. Thomas Monson sat on its board, or at least showed up to a nice employee dinner/dance I
by lcall 7y ago
When I was very young I worked at a non-Church-owned bank for a while. Thomas Monson sat on its board, or at least showed up to a nice employee dinner/dance I attended. He had a business career before he was a Church General Authority, was brilliant, and for a time continued serving on various corporate boards, until GAs all stopped doing that.
The GAs I know of personally who did not obtain wealth in their private career are not rich in any worldly sense beyond middle-class Americans, and the few I have met were kind and unselfish (and very bright & capable). I was a also Church employee for a time.
In contrast, I have no experiences or knowledge indicating abuse of power or influence by GAs, except very rarely where I read about it in the news and they quickly were not GAs any more.
- darksaints 7y agoHow do you know the bank wasn't church owned or controlled? The church isn't exactly upfront with their holdings. They have been found to use shell companies to obscure their holdings. The fact that he was on the board is actually a huge clue that suggests that the bank was actually owned by the church. He did that with lots of church owned businesses. https://mormonleaks.io/newsroom/2018/05/30/mormonleaks-compiles-information-connecting-mormon-church-to-32-billion-of-investments/ https://mormonleaks.io/newsroom/2018/05/30/mormonleaks-compi...
- lcall 7y agoNo, it was "commercial security bank", and it wasn't that long after (I think), that they stopped being on boards. Edit: actually, I could be wrong on that. The Church might have had stock in CSB for all I know. It certainly didn't seem church-owned at the time. Monson did work in the printing industry.
- lcall 7y agoUpdate: I found a page with links to their bios (fairly international, if you read down & click photos), that indicate education & prior careers: https://www.churchofjesuschrist.org/church/leaders https://www.churchofjesuschrist.org/church/leaders .