Word: aloisi
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Dates: during 1970-1979
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...Mercedes limousine glided to a halt at the Italian customs booth in Ventimiglia on the French frontier. The uniformed chauffeur airily pronounced the ritual phrase "Niente da dichiarare" (Nothing to declare). The passenger in the back seat was Carlo Aloisi, 60, one of Italy's leading bankers and businessmen. Normally, the driver would have been taken at his word and waved on. This time, though, the customs guard made a rare, fortuitous spot check. Digging deep into Aloisi's elegant black briefcase, the guard discovered contraband promissory notes and commercial paper valued at $3.1 million. Under the provisions...
Without Vice. Italy's banking community expressed shock last week at the arrest of Aloisi, who is widely known as un uomo senza vizi (a man without vice) and a financial wizard. Deputy chairman of one of Italy's largest banks, the elegant, British-tailored Aloisi runs several corporations, owns a racing stable and a famed Via Veneto watering place, the Caffe Doney...
Financial sophisticates also wondered why Aloisi, of all people, would choose so obvious and primitive a method of doing what wealthy Italians have done for years: illicitly exporting their capital to European countries with stronger currencies. Concern over Italy's perennial political instability, fear of a Communist takeover and a national predilection for tax dodging have led bankers and businessmen to squirrel away an estimated $35 billion abroad since 1945, of which about one-third is illegally exported...
...JAMES ALOISI...
Died. Benedetto Cardinal Aloisi Masella, 91, oldest member of the Sacred College of Cardinals, who served as a papal nuncio in Chile and Brazil for 27 years, then acted briefly as chief executive of the Vatican interim administration after the deaths of Pope Pius XII in 1958 and Pope John XXIII in 1963; of kidney disease; in Rome...