|
|
- NEWSLETTERS
- MOBILE APPS
-
ADD TIME NEWS
World: La Dolce Payola
Enrico Mattei was one of the most powerful men in Italy when he died in a plane crash three months ago. As wheeler-dealer boss of the huge government-owned E.N.I, oil monopoly, he used sharp elbows at home and abroad in the constant effort to expand the power of his $2 billion industrial giant. When the elbows did not work, money didas indicated by the recent tribulations of some of Italy's most prominent newspapers.
Stasera, a new Milan daily, closed shortly after Mattei died. One of Milan's morning papers cut editorial salaries by 20%, fired part of the staff, and canceled plans for an afternoon edition. An economy wave swept over Milan's Il Giorno, Italy's fourth largest daily. Two Rome papers began a steady descent toward oblivion.
Mattei directly controlled only one paper, Il Giorno. But E.N.I, was a leading advertising account for scores of others. When Rome's conservative financial daily, Il Globo, accused E.N.I, of unfair competition, the lucrative E.N.I, ads abruptly ceased. How much Mattei money was transferred into the Italian press remained a secret locked in Mattei's mindand in his office safe. Without doubt, it was plenty. Before his death, the industrial swashbuckler told a visiting journalist: "That safe contains every one," meaning the long list of newspapers on Italy's top payola list.
Most Popular »
- No Churchgoing Christmas for the First Family
- How Christmas Is (Not) Celebrated in North Korea
- Israel vs. Hizballah: Drumbeats of War
- The Pentagon Prepares for a Missile Attack from 'Iran'
- Sherlock Holmes: Impressive Abs, Unmemorable Action
- Has the Alleged Fort Hood Gunman's Imam Been Silenced?
- China's Christmas Warning to Political Dissidents
- How Panera Bread Defies the Recession
- Why Brittany Murphy Is Worth Remembering
- Climate Change: How Fast Is the Earth Shifting?
- No Churchgoing Christmas for the First Family
- How Panera Bread Defies the Recession
- China's Christmas Warning to Political Dissidents
- Mexico City's Revolutionary First: Gay Marriage
- How Christmas Is (Not) Celebrated in North Korea
- Sherlock Holmes: Impressive Abs, Unmemorable Action
- Has the Alleged Fort Hood Gunman's Imam Been Silenced?
- Climate Change: How Fast Is the Earth Shifting?
- Dubai: 10 Things to Do in 24 Hours
- Is Running Bad for Your Knees? Maybe Not.





RSS