Tuesday, October 11, 2005

Yet another italian tragedy

Lapo Elkann, one of the heirs of the Agnelli dinasty, the family who owns FIAT and controls a great share of the italian financial system, is now in coma.

The coma has been caused by a cocaine overdose.

Elkann is one of the most visible public managers of Fiat; i believe that this story tells a lot about italian elites and their lack of responsibility. Fiat is the biggest car company in Italy (it also owns Ferrari), and represents Italy at the International level.

This is another sign that the italian economic and political system needs a profound reform.

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