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Banca Romana Scandal
The ''Banca Romana'' scandal surfaced in January 1893 in Italy over the bankruptcy of the ''Banca Romana'', one of the six national banks authorised at the time to issue currency. The scandal was the first of many Italian corruption scandals, and discredited both ministers and parliamentarians, in particular those of the Historical Left and was comparable to the Panama Canal Scandal that was shaking France at the time, threatening the constitutional order. Additionally the collapse of a speculative boom based on a substantial urban rebuilding programme gravely damaged Italian banks.Davis, John A., Socialism and the Working Classes in Italy Before 1914'', in Geary, Dick (ed.) (1989), ', Berg, , p. 188 Under the direction of Ludovico Guerrini (1870–81) the bank had been managed prudently and its banknote circulation had remained within the legal limits. However, his successor as governor of the ''Banca Romana'', Bernardo Tanlongo, was a peculiar man, semi-literate but with a gen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical region. Italy is also considered part of Western Europe, and shares land borders with France, Switzerland, Austria, Slovenia and the enclaved microstates of Vatican City and San Marino. It has a territorial exclave in Switzerland, Campione. Italy covers an area of , with a population of over 60 million. It is the third-most populous member state of the European Union, the sixth-most populous country in Europe, and the tenth-largest country in the continent by land area. Italy's capital and largest city is Rome. Italy was the native place of many civilizations such as the Italic peoples and the Etruscans, while due to its central geographic location in Southern Europe and the Mediterranean, the country has also historically been home ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Freemason
Freemasonry or Masonry refers to fraternal organisations that trace their origins to the local guilds of stonemasons that, from the end of the 13th century, regulated the qualifications of stonemasons and their interaction with authorities and clients. Modern Freemasonry broadly consists of two main recognition groups: * Regular Freemasonry insists that a volume of scripture be open in a working lodge, that every member profess belief in a Supreme Being, that no women be admitted, and that the discussion of religion and politics be banned. * Continental Freemasonry consists of the jurisdictions that have removed some, or all, of these restrictions. The basic, local organisational unit of Freemasonry is the Lodge. These private Lodges are usually supervised at the regional level (usually coterminous with a state, province, or national border) by a Grand Lodge or Grand Orient. There is no international, worldwide Grand Lodge that supervises all of Freemasonry; each Grand Lod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Di Napoli
Banco di Napoli S.p.A., among the oldest banks in the world, was an Italian banking subsidiary of Intesa Sanpaolo group, as one of the 6 retail brands other than "Intesa Sanpaolo". It was acquired by the Italian banking group Sanpaolo IMI (the predecessor of Intesa Sanpaolo) in 2002 and ceased being an independent bank. In February 2018, Intesa Sanpaolo announced their new business plan, which would retire Banco di Napoli and other brands; the legal person of Banco di Napoli would be absorbed into Intesa Sanpaolo S.p.A. History The Banco of Naples is one of the most important and oldest historic banks, as its origins date back to the so-called public benches of charitable institutions, which arose in Naples between the sixteenth and seventeenth centuries, especially at a mount of piety founded in 1539 on a pledge to lend without interest, which in 1584 opened a case of deposits, recognised by a proclamation of the viceroy of Naples in the same year. According to some scholars its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca D'Italia
The Bank of Italy (Italian: ''Banca d'Italia'', informally referred to as ''Bankitalia''), (), is the central bank of Italy and part of the European System of Central Banks. It is located in Palazzo Koch, via Nazionale, Rome. The bank's current governor is Ignazio Visco, who took the office on 1 November 2011. Functions After the charge of monetary and exchange rate policies was shifted in 1998 to the European Central Bank, within the European institutional framework, the bank implements the decisions, issues euro banknotes and withdraws and destroys worn pieces. The main function has thus become banking and financial supervision. The objective is to ensure the stability and efficiency of the system and compliance with rules and regulations; the bank pursues it through secondary legislation, controls and cooperation with governmental authorities. Following a reform in 2005, which was prompted by takeover scandals, the bank has lost exclusive antitrust authority in the credit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Accounting Liquidity
In accounting, liquidity (or accounting liquidity) is a measure of the ability of a debtor to pay their debts as and when they fall due. It is usually expressed as a ratio or a percentage of current liabilities. Liquidity is the ability to pay short-term obligations. Calculating liquidity For a corporation with a published balance sheet there are various ratios used to calculate a measure of liquidity. These include the following: * The current ratio is the simplest measure and calculated by dividing the total current assets by the total current liabilities. A value of over 100% is normal in a non-banking corporation. However, some current assets are more difficult to sell at full value in a hurry. * The quick ratio is calculated by deducting inventories and prepayments from current assets and then dividing by current liabilities, giving a measure of the ability to meet current liabilities from assets that can be readily sold. A better way for a trading corporation to meet lia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Romana Asino , a Philippine outrigger canoe
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Banca may refer to: Places * Bangka Island, an island lying east of Sumatra, part of Indonesia * Banca, Pyrénées-Atlantiques, a commune of the Pyrénées-Atlantiques ''département'', France * Banca, Tasmania, a locality in Tasmania, Australia * Banca, Vaslui, a commune in Vaslui County, Romania * Banca, a village in Dealu Morii Commune, Bacău County, Romania Other * Banca or Bangka (boat) Bangka are various native watercraft of the Philippines. It originally referred to small double-outrigger dugout canoes used in rivers and shallow coastal waters, but since the 18th century, it has expanded to include larger lashed-lug ships, wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bernardino Grimaldi
Bernardino Grimaldi (15 February 1839 - 16 March 1897) was an Italians, Italian politician. He was a Minister in several governments. However, the succeeding parliamentary inquiry excluded in 1893 in Italy, November 1893 that Grimaldi had received more money from the Roman Bank than he had admitted to have received as compensation for his professional services. The inquiry also exonerated him from the charge of having collected, directly or indirectly, amounts of money during the parliamentary elections. Nevertheless, his reputation was compromised, even after he left the government, and particularly when the contents of documents submitted by Giolitti to the Chamber of Deputies were made public in 1894 in Italy, December 1894. Notes of the ''Banca Romana'' cashier implicated Prime Minister Crispi (with several drafts and a note for 1,050,000 lire), as well as Grimaldi and other ex-Ministers. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Napoleone Colajanni
Napoleone Colajanni ( Castrogiovanni, 27 April 1847 – Castrogiovanni, 2 September 1921) was an Italian writer, journalist, criminologist, socialist and politician. In the 1880s he abandoned republicanism for socialism, and became Italy's leading theoretical writer on the issue for a time.Seton-Watson, ''Italy from liberalism to fascism'', p. 155 He has been called the father of Sicilian socialism.Seton-Watson, ''Italy from liberalism to fascism'', p. 161 Due to the Socialist party's discourse of Marxist class struggle, he reverted in 1894 to his original republicanism. Colajanni was an ardent critic of the Lombrosian school in criminology. In 1890 he was elected in the national Italian Chamber of Deputies and was re-elected in all subsequent parliaments until his death in September 1921. Redshirt Colajanni was born in Castrogiovanni (now Enna) in Sicily in a family of intense patriotic feelings. His father Luigi Colajanni and mother Concetta Falautano were small entrepreneurs i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1893 In Italy
Events from the year 1893 in Italy. Kingdom of Italy *Monarch – Umberto I (1878–1900) *Prime Minister – *# Giovanni Giolitti (1892–1893) *# Francesco Crispi (1893–1896) Events The year is characterized by the Banca Romana scandal, discrediting the whole political system, and increasing violence in Sicily as a result of the Fasci Siciliani (Sicilian Leagues), a popular movement of democratic and socialist inspiration in 1891–1894. January * January 18 – An official report confirms the serious state of affairs in the Banca Romana: a deficiency of cash, cooked accounts, a note circulation of 135 million lire instead of the 75 million permitted by law, a great quantity of bad debts due to building speculation.Seton-Watson, ''Italy from liberalism to fascism'', pp. 154-56 The next day the governor of the bank, Bernardo Tanlongo, and several of his subordinates are arrested. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1892 In Italy
Events from the year 1892 in Italy. Kingdom of Italy *Monarch – Umberto I (1878–1900) *Prime Minister – *# Antonio Di Rudinì (1891–1892) *# Giovanni Giolitti (1892–1893) Events March * March 16 – Founding of the newspaper Il Mattino in Naples by Edoardo Scarfoglio and Matilde Serao. May * May 15 – The new government headed by Giovanni Giolitti takes office after Antonio Di Rudinì lost the vote in the Italian Chamber of Deputies. June * June 26 – Battle of Serobeti between Italy and Mahdist Sudan. * June 29 – Founding of the '' Fascio dei lavoratori'' (Workers League) in Palermo (Sicily) by Rosario Garibaldi Bosco. * December 20 – The Socialist deputy Napoleone Colajanni reads out long extracts of a report on the ''Banca Romana'' in Parliament and Prime Minister Giovanni Giolitti is forced to appoint an expert commission to investigate the Banca Romana scandal.Seton-Watson, ''Italy from liberalism to fascism'', pp. 154-56 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luigi Luzzatti
Luigi Luzzatti (11 March 1841 – 29 March 1927) was an Italian financier, political economist, social philosopher, and jurist. He served as the 20th prime minister of Italy between 1910 and 1911. Luzzatti came from a wealthy and cultured Jewish family and built a reputation as a social reformer dedicated to raise the working classes from ignorance and poverty.Soper, ''Building a Civil Society''p. 45/ref> He is remembered being the founder of the Italian credit union movement and for his book ''Dio nella libertà'' (God in Freedom), in which he advocates religious tolerance. This provoked an exchange of correspondence between him and Benedetto Croce. Early life Luzzatti was born to Jewish parents in Venice on 11 March 1841. In 1869 he was appointed by Minghetti under secretary of state to the ministry of agriculture and commerce, in which capacity he abolished government control over commercial companies and promoted a state inquiry into the conditions of industry. Though th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Antonio Di Rudinì
Antonio is a masculine given name of Etruscan origin deriving from the root name Antonius. It is a common name among Romance language-speaking populations as well as the Balkans and Lusophone Africa. It has been among the top 400 most popular male baby names in the United States since the late 19th century and has been among the top 200 since the mid 20th century. In the English language it is translated as Anthony, and has some female derivatives: Antonia, Antónia, Antonieta, Antonietta, and Antonella'. It also has some male derivatives, such as Anthonio, Antón, Antò, Antonis, Antoñito, Antonino, Antonello, Tonio, Tono, Toño, Toñín, Tonino, Nantonio, Ninni, Totò, Tó, Tonini, Tony, Toni, Toninho, Toñito, and Tõnis. The Portuguese equivalent is António (Portuguese orthography) or Antônio (Brazilian Portuguese). In old Portuguese the form Antão was also used, not just to differentiate between older and younger but also between more and less important. In Galician the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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