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Article: Greek tragedy plays out in Italy Parmalat's chief, now in a Milan jail, 'challenged the gods'
- Article from:
- International Herald Tribune
- Article date:
- January 13, 2004
- Author:
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Mark Landler and Daniel J. Wakin
International Herald Tribune
01-13-2004
From Milan to Frankfurt and New York, the Parmalat affair has quickly escalated into a global scandal, one that may implicate a leading American accounting firm and several of the world's mightiest banks, including Citigroup and Deutsche Bank. In Parma, however, the biggest jolt last week was the removal of Stefano Tanzi, the 35-year-old son of Parmalat's jailed founder, Calisto Tanzi, as president of the company's soccer team, Parma AC. Stefano Tanzi put up a fierce fight, according to people close to the matter. But the company's new administrator, Enrico Bondi, was unyielding in his resolve to sever all ties to ...