Dear director, please: start writing again, return to the field of news and rumors, don’t let yourself be swallowed by the newspaper machine and the coordination of editors and collaborators. In short, don’t just tell me your feelings and considerations with some private message when you have time and want to answer my curiosities. I can’t forget what you sent me days ago: I have the impression that Caltagirone’s plan to overturn Mps will not be realized as easily as it may seem.
I thought about what you wrote to me in these hours as the agencies report the following news:
“The list promoted by the small shareholder Tortora (Plt Holding) received the support of 49.95% of the capital present in Siena, equal to about 35% of the total capital of Mps. Decisive for the victory was the support of Delfin (17.5%) and BancoBpm (3.74%), as well as the backing of another 30% of the capital made up of institutional and retail investors. The vote of Edizione of the Benetton family (1.4%) would have been missing from the Board list, which, contrary to expectations, did not attend the assembly.”
“The composition of the new Mps board has been announced, which will be made up of 8 members from the list promoted by Plt Holding, 6 from the Board list, and one from the Assogestioni group. For the Plt list, the candidates entering are the presidential candidate Cesare Bisoni, outgoing CEO Luigi Lovaglio, Flavia Mazzarella, Livia Amidani Alberti, Massimo Di Carlo, Patrizia Albano, Carlo Corradini, Paola Leoni Borali. For the Board list enter Fabrizio Palermo, Nicola Maione, Corrado Passera, Carlo Vivaldi, Paolo Boccardelli, and Antonella Centra.”
Since, also due to your reluctance not to play the prima donna, unlike almost all your fellow directors and big or small names that abound in TV debates, I fear you will write nothing about what happened today unexpectedly at Mps, so I allow myself for the benefit of readers to brutally highlight some of the relevant news that emerge hot off the press.
- For years the major newspapers have been harping on about the magnificent and progressive fortunes of the alliance between the Del Vecchio family – that is, the Delfin holding – and Caltagirone. I recall that sometimes in the articles you published over the years on the subject, there were doubtful elements about the solidity of the alliance. Today the doubts – never expressed by anyone else before – have become facts.
- In recent days, all the specialized press has essentially outlined a downward scenario for Caltagirone’s plan aimed at overturning the Mps leadership to focus on Fabrizio Palermo – always the company head in tune with the Roman entrepreneur and financier – instead of Luigi Lovaglio. Scenarios that melted away in front of the facts.
- Despite the multitude of reporters and finance correspondents with telephone columns full of names and sources in banks and surroundings, the desire for revenge of Banco Bpm in the Mps dossier was underestimated.
- And what about the heap of articles whispering the intentions of foreign funds that would have lined up behind the new course hoped for by Caltagirone with the government’s blessing, even though yesterday the MEF abstained? The Blackrock case is emblematic.
