Calisto Tanzi - disgraced businessman

Man at the centre of the Parmalat scandal 

Calisto Tanzi took over his father's grocery
store when he was 22 years old

Calisto Tanzi, the business tycoon jailed for 18 years following the biggest corporate disaster in Italian history, was born on this day in 1938 in Collecchio, a town in Emilia-Romagna, about 13km (8 miles) from the city of Parma.

Tanzi was founder and chief executive of Parmalat, the enormous global food conglomerate that collapsed in 2003 with a staggering €14 billion worth of debt.

Subsequent criminal investigations found that Tanzi, who built the Parmalat empire from the grocery store his father had run in Collecchio, had been misappropriating funds and engaging in fraudulent practices for as much as a decade in order to maintain an appearance of success and prosperity when in fact the business was failing catastrophically.

Of all those hurt by the collapse, the biggest victims were more than 135,000 small investors who had bought bonds in the company, some of them trusting Parmalat with their entire life savings.

Between 2008 and 2010, Tanzi was found guilty by four different courts of fraud, of the fraudulent bankruptcy of Parmalat, the fraudulent bankruptcy of Parmatour, a travel industry subsidiary, and of false accounting at Parma, the football club he owned.

The Parmalat logo became familiar in almost every
food store and supermarket across Italy and elsewhere

There were several appeals, during which Tanzi, who had been arrested and held in custody immediately following the collapse, was able to continue living on his estate. However, he finally began his sentences in 2011.

The Parmalat story was portrayed as fairy tale of modern Italy. Calisto Tanzi was a 22-year-old university student when his father, Melchiorre, died suddenly in 1961. As the oldest son and out of a sense of duty to the family, Calisto gave up his studies in order to take over his father’s shop.

Family-run grocers were and still are a fixture in Italian high streets. Calisto could have had a comfortable life running such an essential business - but he had bigger ideas.

Parmalat was a major sponsor of sport, including football
and Formula One motor racing

Anticipating that there was a market in Italy for selling milk that could be kept fresh for an extended period, he acquired premises on the outskirts of Parma in which to set up a pasteurisation plant. He bought packaging from the burgeoning Swedish company, Tetra Pak, sterilized the milk by heating it to extremely high temperatures and sealed it in Tetra Pak's cartons. He came up with the name Parmalat to display on the cartons, turning a basic agricultural product into a unique brand.

The venture was a hue success and soon he diversified into pasta sauce, biscuits, yoghurts, fruit juice and ice cream. White lorries carrying the company’s simple petal logo became a familiar sight on Italy's roads.

Parmalat grew to become the entrepreneurial symbol of Parma, and Tanzi the city's most generous benefactor.  The Tanzi family began to be seen as the Agnellis of Parma and Tanzi was determined to extend his largesse.

The court room at Tanzi's trial, in which he was found
guilty of various frauds and jailed for 18 years

He bought the city’s struggling football team and turned them not only into a force in Serie A but in Europe too.  Parmalat also invested heavily in Formula One, including backing the Austrian driver Niki Lauda.

Tanzi promoted the city's Verdi festival, in honour of the region's most famous composer, and paid for the uncovering and restoration of frescoes in the city's cathedral.

At its peak, Parmalat had more than 5,000 employees in Italy, and more than 30,000 in the rest of the world.  Inside the company, however, things were not as they seemed.

Profits were hit hard by the collapse of Latin American economies during the 1990s, and the problems caused by that were compounded by the threatened bankruptcy of the family travel company, Parmatour. 

But Tanzi tried to pretend all was well. Secretly, he began to remove cash - €500 million by his own admission - from Parmalat to prop up Parmatour. But that was only the start.

Tanzi desperately wanted to maintain the appearance that his
business was in good shape when it was actually failing

In the years that followed, in his determination to preserve the illusion of prosperity and not lose face, Tanzi became increasingly reckless, apparently oblivious to the consequences that lies, falsification, forgery and fraud would inevitably bring. Investigators found that he had ordered his accountants to create a complex web of subsidiary companies based in offshore tax havens, which would appear to be holding billions of euros in credits from other Parmalat markets.

It all came crashing down eventually over a sum of just €150 million needed to redeem bonds. One of the company's banks advised them to draw on the €3.95 billion that one subsidiary supposedly had sitting in a Bank of America account in the Cayman Islands. It soon became clear the account did not exist.

In late December 2003, Parmalat filed for bankruptcy protection. The US Securities and Exchange Commission then sued Parmalat, alleging it had wrongfully induced American investors to buy more than $1.5 billion worth of securities. Eventually, Tanzi and others were arrested.

As well as his prison sentence, Tanzi suffered the loss of many of his considerable collection of works of art as paintings by by Picasso, Monet, Degas, Van Gogh and others, worth more than €100 million, were seized by police, despite the efforts of friends to hide them, in order to pay back some of the company's losses. He was also stripped of the honours previously bestowed on him by the Italian government.

The headquarters of Parmalat is still in Collecchio

Travel tip:

There is evidence of a settlement in the area of Collecchio since the Paleolithic Age, although it was not until 1796 that it was given the status of a comune.  Its history in the food industry began at the end of the 19th century as a centre for canning and meat products. It became an important centre in the Italian charcuterie industry as well as for dairy products including Parmesan cheese. It is still the headquarters of Parmalat, which was restructured in 2005 and is now a subsidiary of the French group Lactalis. In April 1945, the town was famously liberated from Nazi forces by the Brazilian Expeditionary Force in the Battle of Collecchio.

The church of San Giovanni Evangelista
in Parma with its beautiful facade

Travel tip:

Parma is an historic city in the Emilia-Romagna region, famous for its Prosciutto di Parma ham and Parmigiano Reggiano cheese, the true ‘parmesan’. In 1545 the city was given as a duchy to the illegitimate son of Pope Paul III, whose descendants ruled Parma until 1731. The composer, Verdi, was born near Parma at Bussetto and the city has a prestigious opera house, the Teatro Regio. Among the main sights is the 11th century Romanesque cathedral and adjoining baptistery, the church of San Giovanni Evangelista, which has a beautiful late Mannerist facade and bell tower, and the Palazzo della Pilotta, which houses the Academy of Fine Arts, the Palatine Library, the National Gallery and an archaeological museum.

More reading:

Nevio Scala - the football manager who brought success to Parma

The mysterious death of Enrico Mattei

Camillo Olivetti - founder of Italy's first typewriter factory

Also on this day:

1494: The death of Giovanni Pico della Mirandola

1503: The birth of the Florentine master painter Bronzino

1878: The attempted murder of Umberto I


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Maurizio Margaglio - ice dancer

Multiple champion remembered for famous fall

Maurizio Margaglio began
skating when he was 10

The ice dancer Maurizio Margaglio, who enjoyed a prolifically successful partnership with Barbara Fusar-Poli from the mid-1990s to the early part of the new century, was born on this day in 1974 in Milan.

Margaglio and Fusar-Poli were national champions of Italy nine times and in 2001 they became the first Italian pair to become World champions, winning in Vancouver ahead of the defending champions Marina Anissina and Gwendal Peizerat of France.  They were European champions the same year, during a remarkable season in which they won every event they entered.

Yet they never won an Olympic title in three attempts, and as well as their successes they are remembered as much for the calamity that befell them at their home Olympics in Turin in 2006.

The moment that Margoglio and Fusar-Poli
crashed to the ice in Turin

In their first appearance in international competition for four years, Margaglio and Fusar-Poli were in the gold medal position, leading by a full half-point over the Russian favourites and two-time World champions, Tatiana Navka and Roman Kostomorav, after the opening compulsory dance section of the competition.

Yet just seconds away from potentially consolidating their lead in the original dance section, disaster struck.  Performing a rotational lift, Margaglio lost his balance, dropped Fusar-Poli, and fell to the ice himself.

After a bronze medal in the 2002 Olympics in Salt Lake City, when another fall possibly cost them gold, it was history repeating itself in a cruel way.

What followed became one of the talking points of the Games and the images appeared in newspapers around the world. The couple scrambled to their feet, but instead of bowing to the judges and acknowledging the crowd, as is customary, the two stood facing each other, almost motionless, for a full 30 seconds, Fusar-Poli fixing Margaglio with stare so intense that one commentator was moved to suggest that “if she had had a pistol, she would have shot him immediately”.

Barbara Fusar-Poli was so dismayed at their fall she
fixed Margaglio with a long, unflickering stare

Afterwards, Fusar-Poli was pictured with her head in her hands, sobbing, as the scores were revealed, although when they completed the competition in the free dance the following day they appeared to have been reconciled.  They warmed up at opposite ends of the rink, but at the end of their routine, which they performed impressively and without mishap and which pushed them up to sixth in the final reckoning, they embraced and kissed one another.

Fusar-Poli later said that she was not angry with her partner so much as deeply disappointed that an accident has denied them an opportunity for the second Olympics in a row, especially in their home country.

Margaglio now works as a coach,
largely in Finland

The son of an accountant, Margaglio did not skate until he was 10, after he brought home a flyer from school advertising classes and was encouraged by his parents to have a go. He was naturally athletic, excelling at a number of sports, including soccer, swimming, tennis and volleyball, and took to skating easily.

He was soon winning ice dancing competitions and in 1990 he began working with Paola Mezzadri, who was also Fusar-Poli’s coach. She paired the two up for the first time in 1994.

Margaglio has a home in Courmayeur, in the Aosta Valley, but since 2011 has spent a good deal of his time in Finland, where he has been head of that country’s ice dancing development programme.  He is married to German figure skater Jyrina Lorenz, with whom he had three sons, Gabriel, Sebastian and Julian.

The Mediolanum Forum is just 12km from Milan

Travel tip:

Milan’s major ice skating facility is the Mediolanum Forum located in Assago, about 12km (7.5 miles) southwest of the city. The 12,700-seat sports arena, which is primarily a venue for ice hockey, basketball, tennis and live concerts, also offers accomplished skaters the opportunity to practice on the rink, as well as lessons for beginners and others who want to improve their skills. Assago is also home to the Italian headquarters of the multinational food and drinks company Nestlé.

The alpine landscapes around Courmayeur offer
extraordinarily spectacular views

Travel tip:

Courmayeur is one of the most beautiful of Italian alpine towns.  Situated at the foot of the southern side of Mont Blanc (Monte Bianco in Italian), at an elevation of 1,224 m (4,016 ft) above sea level, it is charming town of cobbled streets in which high-end boutiques rub shoulders with ancient churches, historic bars and contemporary ski lodges, with a backdrop of majestic, unadulterated mountain landscapes.  The area is popular with hikers during the summer and, of course, skiers during the winter, attracted to slopes with some of the best views in Italy and by the town's reputation as a magnet for the rich and famous.

More reading:

Alberto Tomba - Italy's greatest skier

Deborah Compagnoni's three Olympic titles

How a fighter pilot won Italy's first Olympic bobsleigh gold

Also on this day:

1625: The death of Renaissance painter Sofonisba Anguissola

1892: The birth of racing driver Tazio Nuvolari

1975: The beatification of doctor and scientist Giuseppe Moscati


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The murder of Pellegrino Rossi

Political assassination opened way to creation of Roman Republic

A magazine illustration depicting the murder of
Pellegrino Rossi at the Palazzo della Cancelleria

One of the key events during the revolutionary upheaval of 1848 in Italy took place on this day in that year when the politician Count Pellegrino Rossi was murdered at the Palazzo della Cancelleria, the seat of the government of the Papal States in Rome.

The event precipitated turmoil in Rome and led eventually to the formation of the short-lived Roman Republic.

Rossi was the Minister of the Interior in the government of Pope Pius IX and as such was responsible for a programme of unpopular reforms, underpinned by his conservative liberal stance, which gave only the well-off the right to vote and did nothing to address the economic and social disruption created by industrialisation.

Street violence, stirred up by secret societies such as Giuseppe Mazzini’s Young Italy movement, had been going on for weeks in Rome and Rossi had been declared an enemy of the people in meetings as far away as Turin and Florence.

Rossi's reforms had failed to address the social
and economic problems besetting Rome

There was also anger in Rome at Pius IX’s decision to withdraw the support of the Papal Army from the First Italian War of Independence, being fought between the the Kingdom of Sardinia (Piedmont) and the Austrian Empire.

On November 15, 1848, Rossi arrived at the Palazzo della Cancelleria to present his plan for a new constitutional order to the legislative assembly. He was warned ahead of the meeting that an attempt would be made on his life but he defied the threat with the words: “I defend the cause of the pope, and the cause of the pope is the cause of God. I must and will go.”

However, as he climbed the stairs leading to the assembly hall, an individual stepped forward and struck him with a cane. Rossi turned towards his attacker and as he did so was set upon by another assailant, who drove a dagger into his neck.

The murderer was said to be Luigi Brunetti, the elder son of Angelo Brunetti, a fervent democrat, acting on the instigation of Pietro Sterbini, a journalist and revolutionary who was a friend of Mazzini. Though members of the Civic Guard were in the courtyard when the attack took place, no one attempted to arrest the count’s killer and when crowds gathered later at the house of Rossi's widow, they chanted ‘Blessed is the hand that stabbed Rossi’.

Giuseppe Mazzini was one of the
leaders of the Roman Republic

The murder spurred the secret societies to foment an uprising against the papal government. The following day, Pius IX was besieged inside the Palazzo del Quirinale by an unruly mob. The pope’s Swiss Guard was able to hold back the mob for a time but when it seemed the crowd was about to disperse, up to 1,000 members of the Civic Guard, the police, and other soldiers marched into the palace’s piazza and opened fire on the palace, including with cannons. Knowing resistance was useless, Pius IX agreed to negotiate with revolutionaries.

Demands were made for a democratic government, social reforms and a declaration of war against the Empire of Austria.  Pius IX had little option but to appoint a liberal ministry, but he refused to abdicate and forbade the government to pass any laws in his name.

In the event, on the evening of November 24, with the help of close allies and his personal attendant, Pius IX escaped from the Palazzo del Quirinale disguised as an ordinary priest, slipping through one of the gates of the city and boarding a carriage that was to take him to Gaeta, a city 120km (75 miles) south of Rome, where the King of the Two Sicilies had promised him a refuge.

Rossi was commemorated with a statue
in his native Carrara in Tuscany

It meant that, for the first time in history, Rome was without a government. Into the void stepped Mazzini, his supporter Aurelio Saffi and the popular Roman activist Carlo Armellini, who formed a triumvirate at the head of a Roman Republic, which was declared officially on February 9, 1849.

The republic put forward some progressive ideas, including religious tolerance and an end to capital punishment, but in the event it was a short-lived revolution. Ironically, it was crushed by a former ally, Napoleon III of France, who had once participated in an uprising against the Papal States but who now, under pressure from the Catholic Church in France, felt compelled to send an army to restore Pius XI to power.

The Romans put up a fight, aided by a Republican army led by Garibaldi, but the city fell in late June and with it the Republic.

The Palazzo della Cancelleria, built between 1489 and
1513, is thought to be the oldest Renaissance palace in Rome

Travel tip:

The Palazzo della Cancelleria, which is situated between Corso Vittorio Emanuele II and the Campo de' Fiori, is a Renaissance palace, probably the earliest Renaissance palace to be built in Rome. It is the work of the architect Donato Bramante between 1489 and 1513, initially as a residence for Cardinal Raffaele Riario, who was the Camerlengo - treasurer - of the Holy Roman Church under Pope Sixtus V. It evolved as the seat of the Chancellery of the Papal States.  The Roman Republic used it as their parliament building.

Rome hotels by Booking.com

The Palazzo del Quirinale has been the residence in Rome
of 30 popes, four kings and 12 presidents

Travel tip:

The Palazzo del Quirinale was built in 1583 by Pope Gregory XIII as a summer residence and served both as a papal residence and the offices responsible for the civil government of the Papal States until 1870. When, in 1871, Rome became the capital of the new Kingdom of Italy, the palace became the official residence of the kings of Italy, although some monarchs, notably King Victor Emmanuel III (1900–1946), lived in a private residence elsewhere. When the monarchy was abolished in 1946, the Palazzo del Quirinale became the official residence and workplace for the presidents of the Italian Republic. So far, it has housed 30 popes, four kings and 12 presidents.

Stay in Rome with Booking.com

More reading:

Why Mazzini was seen as the hero of the Risorgimento

Garibaldi's Expedition of the Thousand

How Aurelio Saffi became Mazzini's trusted ally

Also on this day:

1905: The birth of band leader Mantovani

1922: The birth of neorealist film director Francesco Rosi

1940: The birth of fashion designer Roberto Cavalli



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Carlo Emilio Gadda - writer and novelist

Author who drew comparisons with Levi and Joyce

Carlo Emilio Gadda was an engineer
before he became a full-time writer

The essayist and novelist Carlo Emilio Gadda, whose work has been compared with the writings of Primo Levi, James Joyce and Marcel Proust, was born on this day in 1893 in Milan.

His novels and short stories were considered outstanding for his original and innovative style, moving away from the rather staid language of Italian literature in the early 20th century, adding elements of dialect, technical jargon and wordplay.

It has been said that Gadda opted for his experimental style because he thought that only through the use of a fragmentary, incoherent language could he adequately portray what he considered a disintegrated world.

Born into an upper middle-class family living on Via Manzoni in the centre of Milan, Gadda lost his father when he was only a child, after which his mother had to bring up the family on limited means, although she refused to compromise with her lifestyle. His father’s business ineptitude and his mother’s obsession with keeping up appearances would figure strongly in his 1963 novel, La cognizione del dolore, published in English as Acquainted with Grief.

Gadda fought in the First World War as a volunteer with the Alpini and was captured at the Battle of Caporetto, in which the Italians suffered a catastrophic defeat. His younger brother Enrico, an aviator, was killed. A fervent nationalist at the time of Italy’s entry into the conflict, he was deeply humiliated by the months he had to spend as a German prisoner of war.

Gadda's most famous work is
available in English

During the 1920s he worked as an electrical engineer, often abroad. He spent several years in Argentina, although at home he was credited with the construction, as engineer, of the Vatican Power Station for Pope Pius XI.

He began writing in the 1930s after moving to Florence and joining a literary group around the Florentine review Solaria. He wrote a number of essays and short stories, from the beginning demonstrating a fascination with linguistic experimentation as well as a gift for psychological and sociological analysis. His first works were collected in I sogni e la folgore (1955; The Dreams and the Lightning).

Gadda became a full-time writer in 1940, although between 1950 and 1955 he worked for RAI, the Italian radio and television network. He lived in Rome, alone, in a cheap apartment in Via Blumenstihl.

At one time an admirer of Mussolini, he later satirised the dictator in Eros e Priapo (1945), in which he analysed the collective phenomena that favoured the rise of Italian Fascism, arguing that Fascism was essentially a bourgeois movement.  Refused publication initially for its allegedly obscene content, it was not until 2013 that the work was published in fully unexpurgated form.

Gadda's birthplace in Milan is marked with a plaque

Gadda’s best-known and most successful novel, Quer pasticciaccio brutto de via Merulana (1957; That Awful Mess on Via Merulana), is a story of a murder and burglary in Fascist Rome and of the subsequent investigation, which features characters from many levels of Roman life, written in a pastiche of literary Italian mixed with passages of Roman dialect, dotted with puns, technical jargon, foreign words, invented words and classical allusions.

At once a sociological, comic and political novel, as well as an extraordinary feat of wordplay, at the end of which nothing has been established or proven in relation to the crime, it was described as 'the great modern Italian novel' by Italo Calvino, Pier Paolo Pasolini and Alberto Moravia. 

Gadda died in Rome in 1973, at the age of 79.

The Stadio Olimpico is the home of Rome's two soccer clubs

Travel tip:

Via Bernardo Blumenstihl, where Gadda lived in Rome, may have been a modest address in the 1940s but today is in a quiet, upmarket residential area in which many of the apartment complexes have swimming pools and tennis courts and communal gardens.  Situated to the northwest of the city centre, it is not far from the Stadio Olimpico, home of the AS Roma and SS Lazio football clubs.

The Basilica of San Giovanni in Laterano in Rome

Travel tip:

Via Merulana is a street in Rome, to the southeast of the centre, linking the magnificent Basilica of San Giovanni in Laterano, with its imposing 18th century Baroque facade by Alessandro Galilei, and the Basilica Papale di Santa Maria Maggiore, famous for its Roman mosaics and gilded ceiling. The name derives from family that owned the land in medieval times.  It forms part of the Rione Monti, near the Oppian Hill.

More reading:

How Alberto Moravia likened Fascism to a childhood illness

Novelist whose books exposed political links with the Mafia

The Auschwitz survivor who became one of Italy's greatest writers

Also on this day:

1812: The birth of Maria Cristina of Savoy

1812: The birth of poet Aleardo Aleardi

1897: The death of soprano Giuseppina Strepponi


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