Vicars in the Church of England cannot afford to covet material wealth. Most earn around £20,000 p.a. when fully qualified and the work is arduous. Now an additional blow has fallen. It seems the church switched their pension fund into equities not long before the crash and now their retirement incomes are threatened. An obscure and eccentric story? It is a fine piece of reporting by Norma Cohen of the Financial Times. Her sidebar, "Three routes to redemption" is equally good. I love the headline.