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Date: Monday, 14-Nov-2011 13:59:05

Mario Monti is an Italian economist and politician.
He served as European Commissioner for the Internal Market, Services, Customs, and Taxation from 1995 to 1999 and then as European Commissioner for Competition from 1999 to 2004. He has also been rector and president of Bocconi University. Since November 2011, he serves as a Senator for Life in the Italian Senate, and he has been asked to lead a new government in Italy after the Prime Minister Silvio Berlusconi’s resignation.

Mario Monti was born in Varese, in 19 March 1943. Mario Monti holds a degree in economics and management from Bocconi University, Milan. He completed graduate studies at Yale University, where he studied under James Tobin, the Nobel prize-winning economist.

He taught economics at the University of Turin (1970-85) before moving to the Bocconi University, of which he has been rector (1989-1994) and then president (since 1994). He was President of SUERF (1982-85)[5]. His research has helped to create the Klein-Monti model, aimed at describing the behaviour of banks operating under monopoly circumstances.

Monti is a Praesidium member of Friends of Europe, a leading European think tank, was the first chairman of Bruegel, a European think tank founded in 2005, and he is European Chairman of the Trilateral Commission, a think tank founded in 1973 by David Rockefeller. He is also a leading member of the Bilderberg Group.

Monti is an international adviser to Goldman Sachs and The Coca-Cola Company.


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Socializing losses: Trilateral takeover of Europe?

The sovereign debt crisis tightening its grip on Europe has claimed the scalps of two prime ministers – those of Greece and Italy. Looking at the men poised to replace them, one cannot but ask – is this another turn of the screw for ordinary people?

Greece and Italy hold huge swathes of public debt they are unable to service unless they get massive European Central Bank and International Monetary Fund support, as a prelude to refinancing by international banks.

Greece has replaced its prime minister after he dared to say he would put a further round of harsh austerity measures to a referendum vote. The country’s new PM is Lucas Papademos, former vice president of the ECB and of Greece’s own Central Bank, and a member of David Rockefeller’s (JPMorgan Chase/Exxon) powerful Trilateral Commission.

As for Italy, instead of Silvio Berlusconi they got the former European Commissioner Mario Monti, who happens to be European chairman of the Trilateral Commission. Read more >