How 'Legatus' Brought Down Wall Street
Hamilton Nolan · 09/15/08 12:07PMSome people believe that Nostradamus predicted the Wall Street crash of 1929. But a modern age requires modern prophets. On a Google Finance message board last July, one lone nut predicted a market crash. "The negative news that will move the market downward should occur September 15," he wrote. That would be today. This oracle may be raving, but he did predict the future correctly. "This organization below," he went on, "runs the show..." The Group's Name: Legatus Its Mission: " To study, live and spread the Faith in our business, professional and personal lives." What is it?: Legatus—Latin for "ambassador" (and the term for a general in the Roman army)—is a worldwide networking group "designed exclusively for top-ranking Catholic business leaders." Its main stated duty is to bring such leaders together for closed monthly networking meetings. The group calls itself "the conduit connecting two powerful realities, the challenge of top-tier business leadership and a religious tradition second to none." History: The group was founded in 1987 by Tom Monaghan, the devout Catholic who founded Domino's Pizza. It now boasts "thousands" of members throughout America and in Europe. It's somewhat reminiscent of Opus Dei, the shadowy Catholic group that starred in The Da Vinci Code. The Google Nostradamus went by the name of reinhardt (though his account has now been banned). He ID'd himself as the author of this conspiracy site as well. Here are some salient portions of his very extensive posts on the connection between Legatus and our current financial blowup: