Alitalia

Background information At 6:00am on January 13, 2009, the first flight of Alitalia – Compagnia Aerea S.p.A. left Rome for Palermo. The new Alitalia is still in existence today; known as the “good company,” it was created in 2008 by extracting the financially “healthy” parts of the old Alitalia. The old Alitalia was founded in…

Goldman Sachs

Background information As some in the US see Goldman Sachs as acting as a springboard for banking executives with top political ambitions, in Italy it’s the other way round: from politics to banking. In Goldman, of course. From powerful cabinet secretary of Berlusconi Gianni Letta,

The Italian duel is over

The Italian twenty-year long political “duel” seems to be eventually over. One of the contenders, the television tycoon Silvio Berlusconi turned politician and three times Prime Minister is ending his career as defendant on tax-fraud and prostitution probes while his opponent,