Word: rinaldo
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Dates: during 1970-1979
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Carli's replacement will be a triumvirate headed by his longtime deputy, Paolo Baffi, 64, a retiring monetary expert whose views are not known to differ from Carli's. The others are Rinaldo Ossola, 61, a former chairman of the International Monetary Fund's Group of Ten, who is credited with the invention of Special Drawing Rights, and Mario Ercolani, also 61, until now head of the bank's foreign exchange operations. The new team appears to have won the approval of Italy's business community. Says Tire Maker Leopoldo Pirelli: "While one regrets that...
...coming back with the seeds of foreign taste sticking to them like burrs. As a result, the range of the period was astonishing; it ran from Magnasco's turbid compositions of raggedy monks to the grandeur and sun-washed transparency of Tiepolo's Armida Abandoned by Rinaldo, from Pier-Leone Ghezzi's wry grotesqueries and exact social observation to the flaccid but competent imitations of French classical landscape turned out by such artists as Orizzonte. For the first time, Italian artists had to face the fact that they were not living in a paradise of cultural self...