What i hate about GFIII is quite simply the immobliare thing and the arch bishop.
FFC never bothered to explain what Immobiliare was--and why it was so all-consuming important to Michael. Immobiliare's got all these conspiratorial Europeans and the Vatican in it--and it's a friggin'
real estate company! 
GF III does have some excellent moments thought, the Confession of Mike to Lamberto - a standout scene to be sure.
That's because he chose a great actor--Raf Vallone--as the Cardinal. One of the few brilliant casting choices in that film.
But overall, the pathetic Sofia Coppola's performance is so bad that Garcia looks to want to burst out laughing.
Bad as she was, Wallach was worse. See dt's post above--he's right on the money.
