This week the eyes of the world will be focused on a chimney above the Sistine Chapel at the Vatican. The chimney will serve as the exclusive channel of communication to the outside world for the age-old pageantry of a papal election.
The Conclave will have the initial ballot occurring on Tuesday afternoon, once the 115 Cardinals of the Church are sequestered within the walls of the Vatican.
If no one receives a two-thirds majority, the cardinals will then vote twice in the morning and twice in the evening on all the days that follow. They will repeat the pattern with a day off after every three days until they elect a new pope, and all throughout their only communication to the outside world will come in the form of smoke.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.