Word: fausto
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Held were Fausto Calabria, 62, now chairman of Mediobanca, Italy's most powerful merchant bank, and Sergio De Amicis, 66, former president of Condotte, the state-controlled construction firm. Police said that between 1972 and 1982, when the two held top positions at I.R.I., they built up a cache of so-called black funds. This essentially loose corporate change can be spent at the discretion of top officials as bribes to gain foreign contracts, as political contributions or simply as untaxed executive bonuses. What happened to the I.R.I, money last week was a mystery. A total of $26 million...
...Richmond, a New York Democrat: "We are paying $7.5 billion for green coffee beans [this year], when we paid $1.5 billion for the same amount last year. That means the American consumer is increasing foreign aid to coffee-producing countries by $6 billion-without congressional approval." Perhaps-but says Fausto Cantù Peña, director of the Mexican Coffee Institute: "The increase in coffee prices may do more for the peasants of Latin America than the entire Alliance for Progress...
...highly. When you arrive anywhere you are received with kisses on all sides, and, when you leave, kisses are shared once again. If you should happen to meet, then kisses are given profusely. In a word, wherever you turn, the world is full of kisses. If you too, Fausto, once tasted the softness and fragrance of these same kisses, I swear you would yearn to live abroad in England . . . all your life long...
Paunchy, silver-haired Antonio Perelli is a lawyer and an organizer for the Christian Democratic Party in Cosenza, a sun-drenched river town of 120,000 in the southern Italian region of Calabria. Brisk, wiry Fausto Gelsomino, a printer by trade, is an official of Cosenza's Communist Party. Friendly enemies, the two men have known each other for years, and last week they were among the 30,000 people who gathered at the Piazza Fera for a Communist campaign rally at which the featured speaker was Party Boss Enrico Berlinguer. Shortly afterward, Perelli and Gelsomino...
...Died. Fausto Cleva, 69, Trieste-born conductor associated with New York's Metropolitan Opera for the past half-century; of a heart attack suffered while conducting Gluck's Orfeo ed Euridice; in Athens. Cleva's career got off to an auspicious start when the maestro who was scheduled to lead a 1920 performance in Ravenna, Italy, of Puccini's The Girl of the Golden West suddenly quit; the opera manager asked where he could find a substitute at the last minute. "Here's your man," said Puccini, pointing to 18-year-old Cleva...