JohnQPublic
6th March 2013, 01:32 PM
Head Of Communications At Italy's Scandal-Ridden Banca Monte Paschi Has Committed Suicide (http://www.zerohedge.com/news/2013-03-06/head-communications-italys-scandal-ridden-banca-monte-paschi-has-committed-suicide)
Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 03/06/2013 16:23 -0500
Italy (http://www.zerohedge.com/taxonomy_vtn/term/12082)
It has been several weeks since the name Monte Paschi, likely the most bailed out Italian bank in history, not to mention the oldest bank in the world, graced these pages: with the Italian elections now over and BMPS' political utility as leverage against Italy's Democratic Party finished, we expected that the next time we would read, and write, about it would be the next time it would need a bailout (its fourth in the past four years) sometime in the next 3 to 6 months. Sadly, Monte Paschi is squarely back on the front page following news moments ago that David Rossi, the head of communications at the bank, committed suicide by jumping off the building.
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/03/David%20Rossi.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/03/David%20Rossi.jpg)
From La Repubblica (http://www.repubblica.it/economia/2013/03/06/news/monte_paschi_si_uccide_david_rossi_era_il_capo_del la_comunicazione-54012333/?ref=HREA-1):
David Rossi, head of communication of Banca Monte dei Paschi di Siena, was killed this evening by jumping from one office to the headquarters of the institute in Rocca Salimbeni. Rossi, 51, was the longtime collaborator of the former Number 1 at Monte Paschi, Giuseppe Mussari. Rossi had been raided ten days ago in the investigation on Monte but was not investigated. On the spot, in addition to the police, it's 118, but the relief effort was useless.
While we have no knowledge of what personal, or professional, matters may have plagued the young man shown in the picture, if this terminal act of desperation is in fact related to the ongoing inquiry against the bank, then it is very likely that things in Italy are about to get very ugly very fast once more.
We will provide more details on this tragic act as we get them.
Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 03/06/2013 16:23 -0500
Italy (http://www.zerohedge.com/taxonomy_vtn/term/12082)
It has been several weeks since the name Monte Paschi, likely the most bailed out Italian bank in history, not to mention the oldest bank in the world, graced these pages: with the Italian elections now over and BMPS' political utility as leverage against Italy's Democratic Party finished, we expected that the next time we would read, and write, about it would be the next time it would need a bailout (its fourth in the past four years) sometime in the next 3 to 6 months. Sadly, Monte Paschi is squarely back on the front page following news moments ago that David Rossi, the head of communications at the bank, committed suicide by jumping off the building.
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/03/David%20Rossi.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/03/David%20Rossi.jpg)
From La Repubblica (http://www.repubblica.it/economia/2013/03/06/news/monte_paschi_si_uccide_david_rossi_era_il_capo_del la_comunicazione-54012333/?ref=HREA-1):
David Rossi, head of communication of Banca Monte dei Paschi di Siena, was killed this evening by jumping from one office to the headquarters of the institute in Rocca Salimbeni. Rossi, 51, was the longtime collaborator of the former Number 1 at Monte Paschi, Giuseppe Mussari. Rossi had been raided ten days ago in the investigation on Monte but was not investigated. On the spot, in addition to the police, it's 118, but the relief effort was useless.
While we have no knowledge of what personal, or professional, matters may have plagued the young man shown in the picture, if this terminal act of desperation is in fact related to the ongoing inquiry against the bank, then it is very likely that things in Italy are about to get very ugly very fast once more.
We will provide more details on this tragic act as we get them.