The Antonveneta Affair
In 2005, Fazio came under heavy pressure to resign (which he eventually did) over his role in allegedly rigging the competition to take over an Italian bank, Banca Antonveneta, earlier in the year. Published excerpts of tapped telephone calls strongly suggest that Fazio favoured an Italian bid, probably in order to sabotage a foreign bid from Dutch bank ABN AMRO.
Read more about this topic: Antonio Fazio
Famous quotes containing the word affair:
“Snarls and sobs show that a love affair is getting serious.”
—Mason Cooley (b. 1927)