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Protesters clashes against Silvio Berlusconi, Rome, Italy
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Protesters Clashes Against Silvio Berlusconi, Rome, Italy

According to journalists Marco Travaglio and Enzo Biagi, Berlusconi entered politics to save his companies from bankruptcy and himself from convictions. From the very beginning he said it clearly to his associates. Berlusconi's supporters hailed him as the "new man", an outsider who was going to bring a new efficiency to the public bureaucracy and reform the state from top to bottom.
While investigating these matters, three journalists noted the following facts:
Mediobanca's annual report about the 10 biggest Italian companies showed that, in 1992, Berlusconi's media and finance group Fininvest had about 7,140 billion lire of debts, 8,193 billion lire of assets (with 35% of liquidity) and a net worth of 1,053 billion lire. The asset-debt ratio represented a patrimonial situation bordering on bankruptcy.
Between 1992 and 1993, Fininvest was investigated several times by prosecutors in Milan, Turin and Rome. The investigations regarded: alleged bribes (to political parties and public officials with the aim of getting contracts), alleged fake invoicing by Publitalia, the financing of political congresses and abuse of television frequencies.

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Keywords:#protesters #clashes #against #silvio #berlusconi #rome #italy
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Date added:Dec 16, 2010
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