Word: pessina
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...system of double billing to Italian supermarkets and other retail customers. Simply put, by billing twice for the same shipment of merchandise, Parmalat could create the impression that its accounts receivable were much larger than they really were. One of the Parmalat executives who operated the scheme, Claudio Pessina, told Milan magistrates that as many as 300 people at Parmalat knew of it. But if anybody thought there was something wrong, they didn't say so publicly...
...recent innovation is the combination of some Ashoka operations with McKinsey's expertise. In the slums of Sao Paolo, Brazil, an Ashoka entrepreneur named Leonardo Pessina was able to build high-quality housing at less than half the normal construction cost by getting the community to provide much of the labor. But managing a huge construction operation threatened to overwhelm even the committed Pessina. So McKinsey made available about 25% of its local staff as volunteers to manage the project. And the consulting firm received a major payback. "McKinsey has an understanding of the local housing market that it never...
...evening last month a popular, mild-mannered priest, Don Umberto Pessina, was walking along a lonely lane to his home in San Martino, suburb of Correggio (where the painter of that name was born). There was a bright orange flash among the yellow fireflies. Don Umberto fell, shot through the neck. He managed to crawl to his doorstep, where the assassin crushed in his skull...
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