>>> Today, 25 January at 5:00 pm I’m in Livorno’s piazza XX settembre and at 9:00 pm in piazza Santissima Annunziata in Florence. Tomorrow, 26 January, at 12.30pm I’m in Ravenna, and at 3:30 pm I’m in the Giardini Pubblici, then at 7:30 pm I’m in piazza Cavour in Rimini. Follow the live broadcasts on La Cosa! >>>
Beppe Grillo at the shareholders meeting of Monte dei Paschi di Siena
“First of all, what’s struck me is the atmosphere. If you talk to a shareholder, he’s devastated because of his investment, he’s complaining and he’s furious. Then I notice a feigned air of calm from the presidency, from these gentlemen that I don’t know. I presume that there’s a public notary. You are giving the impression of being extraordinarily calm.
Like Dr Profumo, I come from Genoa. I know Dr Profumo. I know the sort of life he’s lived. He’s a former toll collector on the motorways. He worked in the evenings. He’s a self-made man. He’s a very important man. However, he’s someone who is absolutely not the right person to manage this situation, because he is under investigation for tax fraud. This was a thriving bank. It was an extraordinary bank. In 1995, it was as we could say, “privatised”. This term no longer has the meaning that it used to have. It’s been “politicised”. A party has come in with a foundation, appointed by who you well know - by the municipalities, the region, the province. People from the PD and from the former DS, that have governed this region for 40 years.
Right from the start, from that moment onwards, the complete destruction of this bank has been carried out. It was privatised , a public limited company, a foundation. It has started to open up to the market.
When people don’t have a grasp on the concepts, they talk about the market, but who is the market? The market that rejoices? The market that is amazed? Who loses? The “market” - it’s the usual sharks who come into the public limited companies, into all the companies, and here we’re talking about Caltagirone, and Gnutti. It’s always the same people. These people come in and invest and they want their dividends. To give dividends to these gentlemen, they have dismembered one of the most beautiful banks in the world. They’ve sold everything! Their capital, the banks, the buildings in Rome, the estates, the bank called “Cassa of Risparmio di Prato”. They’ve sold off the jewels and slowly but surely, they’ve stripped the flesh off a company that before the privatisation in 1995 had a value of 20 billion euro, and now we’re probably at a bit less than 2 billion.
Then what happened?
Thus I hope that you will try to stand up to these things. And I want, I would like, as a shareholder, as a citizen, as a person, to shed light on this, because this money is not there. Who has taken the money? So we’ll line them up in the dock and they’ll have to be put on trial by the general public, by the people with savings and by the workers, who mustn’t lose a lira and neither must they lose their jobs.
APPLAUSE FROM THE FLOOR"
Posted by Beppe Grillo at 07:25 PM in Economics
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