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Ivano Sacchetti
Ivano Sacchetti is an Italian manager. He was the Vice-President of Unipol until 31 December 2005, when he resigned following the ''bancopoli'' scandal. On 25 October 2006 he was sentenced to six months in jail for insider trading, together with Giovanni Consorte and Emilio Gnutti. He appealed, but on 12 November 2007 the sentence was upheld by the Milan Court of Appeal. References "Unipol, indagato il vicepresidente" ''La Stampa ''La Stampa'' (meaning ''The Press'' in English) is an Italian daily newspaper published in Turin, Italy. It is distributed in Italy and other European nations. It is one of the oldest newspapers in Italy. History and profile The paper was fou ...'', December 19, 2005 Business executives Living people Year of birth missing (living people) Place of birth missing (living people) {{italy-business-bio-stub ...
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Management
Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. "Run the business" and "Change the business" are two concepts that are used in management to differentiate between the continued delivery of goods or services and adapting of goods or services to meet the changing needs of customers - see trend. The term "management" may also refer to those people who manage an organization—managers. Some people study management at colleges or universities; major degrees in management includes the Bachelor of Commerce (B.Com.), Bachelor of Business ...
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Unipol
Unipol Gruppo S.p.A. is an Italian financial services holding company operating in the insurance and banking fields with headquarters in the Unipol Tower, Bologna. As of 2009 it was ranked as the country's fourth-largest insurer. The company trades under a number of brands: for insurance it uses the brands UnipolSai Assicurazioni, Linear Assicurazioni, Linear Life, UniSalute and Arca Vita. History Unipol Assicurazioni was founded in 1962 in Bologna as a cooperative provider of non-life insurance. In 1995 the company entered a partnership arrangement with the banking group Casse Emiliano Romagnole, whereby Unipol sold its products through the bank's networks. The partnership also involved complex deals in ownership. As at 31 December 1995, Unipol owned 3.64% shares of CAER; CAER in turn owned 9.80% shares of Unipol's parent company Finsoe. CAER also owned Banca dell'Economia Cooperativa through 6.99% shares owned by CAER directly, as well as an additional 13% shares of the ...
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Bancopoli
"Bancopoli" was the name coined by the Italian press for the finance and banking scandals between July 2005 and January 2006. The Italian Banca Popolare Italiana (BPI), in competition with Holland's ABN AMRO for control of Banca Antonveneta, was given an unfair advantage by Banca d'Italia's (Italy's central bank) president, Antonio Fazio. Fazio was forced to resign and BPI Managing Director, Gianpiero Fiorani, was arrested on a number of charges in connection with the attempted takeover, having been accused of using illegal procedures. Giovanni Consorte, head of the Italian insurance company Unipol, was also forced to resign due to implications that he was connected with the Antonveneta scheme and another attempted takeover of the Italian Banca Nazionale del Lavoro (BNL). Ultimately, ABN AMRO gained control of Antonveneta and the French BNP Paribas attained control of BNL. Italian and foreign interest in Antonveneta and BNL Antonveneta During the summer of 2004, ABN AMR ...
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Insider Trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make. The rules governing insider trading are complex and vary significantly from country to country. The extent of enforcement also varies from one country to another. The definition of insider in one jurisdiction can be broad, and may cover not only insiders themselves but also any persons related to them, such as brokers, associates, and even family members. A person who becomes aware of non-public information and trades on that basis may be guilty of a crime. Trading by specific insiders, such as employees, is commo ...
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Giovanni Consorte
Giovanni Consorte (born 16 April 1948) is an Italian manager. Career Born in Chieti, Consorte graduated in chemical engineering at the University of Bologna in 1972 and headed Montedison from 1973 to 1975, then Lega delle Cooperative from 1976 to 1978. Since 1979 he worked in Unipol, of which he became president in 1996. He resigned on December 31, 2005, following the '' bancopoli'' scandal.; On October 25, 2006, he was sentenced to six months in jail for insider trading, together with Ivano Sacchetti and Emilio Gnutti. He appealed, but on November 12, 2007, the sentence was upheld by the Milan Milan ( , , Lombard language, Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the List of cities in Italy, second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4  ... Court of Appeal. References External linksOfficial website 1948 births Business executives Italian business executives L ...
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Emilio Gnutti
Emilio Gnutti is an Italian financier and founder of the Hopa SpA holding company. He was involved in many important takeovers, most notably the one of Telecom Italia made in 1999 with Roberto Colaninno, and the subsequent sale of the company to Marco Tronchetti Provera. On October 25, 2006 he was sentenced to six months in jail for insider trading in the Unipol (''bancopoli "Bancopoli" was the name coined by the Italian press for the finance and banking scandals between July 2005 and January 2006. The Italian Banca Popolare Italiana (BPI), in competition with Holland's ABN AMRO for control of Banca Antonveneta, was ...'') case, together with Giovanni Consorte and Ivano Sacchetti. He appealed, but then he decided to accept a plea bargain and on November 12, 2007 the Milan Court of Appeal converted the sentence into a fine (penalty), fine.
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Milan
Milan ( , , Lombard language, Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the List of cities in Italy, second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its Metropolitan City of Milan, metropolitan city has 3.26 million inhabitants. Its continuously built-up List of urban areas in the European Union, urban area (whose outer suburbs extend well beyond the boundaries of the administrative Metropolitan cities of Italy, metropolitan city and even stretch into the nearby country of Switzerland) is the fourth largest in the EU with 5.27 million inhabitants. According to national sources, the population within the wider Milan metropolitan area (also known as Greater Milan), is estimated between 8.2 million and 12.5 million making it by far the List of metropolitan areas of Italy, largest metropolitan area in Italy and List of metropolitan areas in Europe, one of ...
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Court Of Appeal
A court of appeals, also called a court of appeal, appellate court, appeal court, court of second instance or second instance court, is any court of law that is empowered to hear an appeal of a trial court or other lower tribunal. In much of the world, court systems are divided into at least three levels: the trial court, which initially hears cases and reviews evidence and testimony to determine the facts of the case; at least one intermediate appellate court; and a supreme court (or court of last resort) which primarily reviews the decisions of the intermediate courts, often on a discretionary basis. A particular court system's supreme court is its highest appellate court. Appellate courts nationwide can operate under varying rules. Under its standard of review, an appellate court decides the extent of the deference it would give to the lower court's decision, based on whether the appeal were one of fact or of law. In reviewing an issue of fact, an appellate court ordi ...
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La Stampa
''La Stampa'' (meaning ''The Press'' in English) is an Italian daily newspaper published in Turin, Italy. It is distributed in Italy and other European nations. It is one of the oldest newspapers in Italy. History and profile The paper was founded by Vittorio Bersezio, a journalist and novelist, in February 1867 with the name ''Gazzetta Piemontese''. In 1895, the newspaper was bought (and by then edited) by Alfredo Frassati (father of Pier Giorgio Frassati), who gave it its current name and a national perspective. For criticising the 1924 murder of the socialist Giacomo Matteotti, he was forced to resign and sell the newspaper to Giovanni Agnelli. The financier Riccardo Gualino also took a share. The paper is now owned by GEDI Gruppo Editoriale, and has a centrist stance. The former contributors of ''La Stampa'' include Italian novelist Alberto Moravia. ''La Stampa'', based in Turin, was published in broadsheet format until November 2006 when the paper began to be publishe ...
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Business Executives
An executive officer is a person who is principally responsible for leading all or part of an organization, although the exact nature of the role varies depending on the organization. In many militaries and police forces, an executive officer, or "XO", is the second-in-command, reporting to the commanding officer. The XO is typically responsible for the management of day-to-day activities, freeing the commander to concentrate on strategy and planning the unit's next move. Administrative law While there is no clear line between principal executive officers and inferior executive officers, principal officers are high-level officials in the executive branch of U.S. government such as department heads of independent agencies. In '' Humphrey's Executor v. United States'', 295 U.S. 602 (1935), the Court distinguished between executive officers and quasi-legislative or quasi-judicial officers by stating that the former serve at the pleasure of the president and may be removed at their d ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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Year Of Birth Missing (living People)
A year or annus is the orbital period of a planetary body, for example, the Earth, moving in its orbit around the Sun. Due to the Earth's axial tilt, the course of a year sees the passing of the seasons, marked by change in weather, the hours of daylight, and, consequently, vegetation and soil fertility. In temperate and subpolar regions around the planet, four seasons are generally recognized: spring, summer, autumn and winter. In tropical and subtropical regions, several geographical sectors do not present defined seasons; but in the seasonal tropics, the annual wet and dry seasons are recognized and tracked. A calendar year is an approximation of the number of days of the Earth's orbital period, as counted in a given calendar. The Gregorian calendar, or modern calendar, presents its calendar year to be either a common year of 365 days or a leap year of 366 days, as do the Julian calendars. For the Gregorian calendar, the average length of the calendar yea ...
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