Sinners, Saints & Stocks: Gotta Have Faith

In addition to the Mennonite funds, there are Catholic funds like the Ave Maria funds and the LKCM Aquinas funds. They are mainly dedicated to pro-life and pro-family agendas.

Evangelical Christians also have their own funds, called The Timothy Plan funds. They also promote traditional family values while making investment decisions.

Investors have learned the hard way that while top executives may publicly express strong principles, that doesn't necessarily translate into a strong moral code when running a company. Satyam Computer Services founder B. Ramalinga Raju saw himself as a visionary that established a foundation to promote rural transformation. He also acknowledged earlier this month that he had falsified the information technology company's books.

Madoff was also very active in charitable endeavors, only to steal from the very charities that trusted him.

"Trust is a major thing," says Horning.

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