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Enrico Cuccia, a famously reclusive Italian banker who was at the center of Italian finance for half a century, died today in Milan.
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In the onshore nation, democratic governments and their citizens will finally be able to assert fair and proper authority over corporations and finance that have for half a century or more detached themselves from the solid ground from where their business derives, causing all manner of systemic problems in the global economy.
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Under Mr. Cuccia, Mediobanca has pulled the strings of Italian finance for more than half a century through its shareholdings in many of Italy's biggest companies.
Finance industry workers account for half the demand for luxury homes in London.
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