Episcopal diocese funds frozen
Thursday, January 22, 2009
By Paula Reed Ward, Pittsburgh Post-Gazette
Financial services firm Morgan Stanley has frozen the accounts of the Episcopal Diocese of Pittsburgh because it is unsure who should be allowed to access them.
In a letter Jan. 13, the firm's legal and compliance division said the company would not allow any further distributions until it received a court order listing those authorized to use the accounts.
The dispute stems from a split in the church. In October, a group that represents about 60 percent of the local parishes voted to join the more theologically conservative Anglican Province of the Southern Cone. the rest
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