Guido Rossi
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Guido Rossi (16 March 1931 – 21 August 2017) was an Italian jurist, lawyer, and politician.


Biography

Rossi was born in Milan on 16 March 1931. He studied at the Ghislieri College from 1948 to 1953, and graduated in law from the University of Pavia. In 1954, he obtained a Master of Laws at Harvard University. As a former professor of
commercial law Commercial law, also known as mercantile law or trade law, is the body of law that applies to the rights, relations, and conduct of persons and business engaged in commerce, merchandising, trade, and sales. It is often considered to be a branc ...
, comparative private law, and philosophy of law in Trieste, Venice, Pavia, and Milan at the Statale, Bocconi, and Vita-Salute San Raffaele universities, he was appointed president of Consob, Italy's equivalent of the
Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ...
, in 1981. A member of the Senate of the Republic for the Italian Communist Party and later the
Independent Left The Independent Left (french: Gauche indépendante, GI) was a French parliamentary group in the Chamber of Deputies of France of the French Third Republic during the interwar period. It was not a political party but a technical group formed by ind ...
in the
Legislature X of Italy The Legislature X of Italy ( it, X Legislatura della Repubblica Italiana) was the 10th legislature of the Italian Republic, and lasted from 2 July 1987 until 22 April 1992. Its composition was the one resulting from the general election of 14 a ...
from 1987 to 1992, he was the promoter of
antitrust Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust l ...
legislation in Italy. He later led Ferruzzi-Montedison, and then Telecom Italia. For a year in the 2000s, Rossi defended the Dutch bank Abn Amro. In 2003, he defended Cesare Geronzi, the president of Capitalia, who was involved in the Cirio and
Parmalat Parmalat S.p.A. is a dairy and food corporation which is a subsidiary of French multinational company Lactalis. It was founded by Calisto Tanzi in 1961. Having become the leading global company in the production of long-life milk using ultra-h ...
scandals. In 2006, he was appointed extraordinary commissioner of the
Italian Football Federation The Italian Football Federation ( it, Federazione Italiana Giuoco Calcio; FIGC), known colloquially as ''Federcalcio'', is the governing body of football in Italy. It is based in Rome and the technical department is in Coverciano, Florence. It ...
(FIGC) to manage the emergency situation created after the ''
Calciopoli ''Calciopoli'' () was a sports scandal in Italy's top professional association football league Serie A and to a lesser extent Serie B. Involving various clubs and numerous executives, both from the same clubs and from the main Italian football b ...
'' scandal. On 15 September 2006, following the resignation of Marco Tronchetti Provera, he was reappointed president of Telecom Italia, and told a parliamentary committee in Rome that the company would cut its debt to €38 billion by the end of the year from €41.3 billion in June. He held this position until 6 April 2007. In 2008, in an attempt to relaunch the company in crisis of sales, he became a consultant for
Fiat Fiat Automobiles S.p.A. (, , ; originally FIAT, it, Fabbrica Italiana Automobili di Torino, lit=Italian Automobiles Factory of Turin) is an Italian automobile manufacturer, formerly part of Fiat Chrysler Automobiles, and since 2021 a subsidiary ...
. Rossi was editor-in-chief of ''Rivista delle Società'' and director of the ''Banca, Borsa e Titoli di Credito'' magazine, as well as a columnist for '' il manifesto'' and ''
Il Sole 24 Ore ''Il Sole 24 Ore'' () is an Italian national daily business newspaper owned by Confindustria, the Italian employers' federation. History and profile ''Il Sole 24 Ore'' was first published on 9 November 1965 as a merger between ''Il Sole'' ("the ...
''. On 4 May 2011, he was appointed ethical guarantor of Consob, a position from which he resigned on 26 October 2012. In 2013, he described
Bitcoin Bitcoin ( abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distr ...
as "a risky instrument", and compared it to
derivatives The derivative of a function is the rate of change of the function's output relative to its input value. Derivative may also refer to: In mathematics and economics * Brzozowski derivative in the theory of formal languages * Formal derivative, an ...
, and said it "can overturn the rules of capitalism." Rossi died in Milan on 21 August 2017, aged 86. He is survived by his wife Francesca and their daughters Sara and Livia, as well as a daughter from his previous marriage to Alessandra. As an
atheist Atheism, in the broadest sense, is an absence of belief in the existence of deities. Less broadly, atheism is a rejection of the belief that any deities exist. In an even narrower sense, atheism is specifically the position that there no ...
and in line with his personal views, no funeral was held. In 2018, his name was inscribed in the Famedio inside the Monumental Cemetery of Milan.


''Calciopoli''

His stint as the FIGC's extraordinary commissioner during the ''
Calciopoli ''Calciopoli'' () was a sports scandal in Italy's top professional association football league Serie A and to a lesser extent Serie B. Involving various clubs and numerous executives, both from the same clubs and from the main Italian football b ...
'' scandal, as well as his role in the scandal's investigation, and the 26 July 2006 decision to award third-placed Inter Milan the
2005–06 Serie A The 2005–06 Serie A (known as the Serie A TIM for sponsorship reasons) was the 104th season of top-tier Italian football, the 74th in a round-robin tournament. The league commenced on 28 August 2005 and finished on 14 May 2006. While Juventus w ...
title after penalties for the other clubs, were controversial. Rossi was an avowed supporter of Inter Milan, an association football club of which he served as a member of the board of directors from 1995 to 1999. He was accused of partiality and conflict of interest, charges that Rossi denied. In an interview with the ''
Corriere della Sera The ''Corriere della Sera'' (; en, "Evening Courier") is an Italian daily newspaper published in Milan with an average daily circulation of 410,242 copies in December 2015. First published on 5 March 1876, ''Corriere della Sera'' is one of It ...
'', former FIGC president Franco Carraro said that Rossi, with regard to the assignment of the title, had been badly advised by the experts, the Three Sages ( Gerhard Aigner, Massimo Coccia, and Roberto Pardolesi), he appointed. Aigner denied this, saying that his task and that of the other two experts was to verify whether the statutes and regulations of UEFA, FIGC, and
Lega Calcio The Lega Nazionale Professionisti (Italian for National Professionals League), commonly known as Lega Calcio (Football League), was the governing body that ran the two highest football divisions in Italy, namely Serie A and Serie B, from 1946 to ...
allowed for the possibility of creating a different standings after the penalty of some clubs. According to Aigner, the rules granted this possibility and the task of experts was limited to confirming it to Rossi who, once he had acquired the legal opinion, autonomously decreed the assignment of the ''
scudetto The ''scudetto'' (Italian language, Italian for: "little shield") is a decoration having the colors of the flag of Italy which is sewn onto the jersey of the Italian sports clubs that won the highest level championship of their respective sport in ...
''.


Books

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Explanatory notes


References


Further reading

*


External links


Centro Studi Guido Rossi
at Ghislieri Foundation (in Italian)
Guido Rossi
at Goodreads (in English)
Guido Rossi
at Radio Radicale (in Italian)
Guido Rossi
at Senato.it (in Italian)
Guido Rossi
at ''
Il Sole 24 Ore ''Il Sole 24 Ore'' () is an Italian national daily business newspaper owned by Confindustria, the Italian employers' federation. History and profile ''Il Sole 24 Ore'' was first published on 9 November 1965 as a merger between ''Il Sole'' ("the ...
'' (in Italian) {{DEFAULTSORT:Rossi, Guido 1931 births 2017 deaths Harvard Law School alumni Inter Milan chairmen and investors Italian Communist Party politicians Italian jurists Italian lawyers Italian politicians Politicians from Milan Senators of Legislature X of Italy University of Pavia alumni