Word: sicilianism
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...known to rivals as "mysterious Michele" for his deft behind-the-scenes maneuvers. Son of a Sicilian farm worker, Michele Sindona, 59, worked his way up to become the legal and financial adviser to important Italian companies, the Vatican and, some say, the Mafia. Creating his own holding company, he amassed a $450 million fortune. In 1972 Sindona purchased controlling interest in Long Island's Franklin National Bank, the 20th largest in the U.S. Two years later, Franklin National collapsed, the biggest bank failure in U.S. history, and the Government blamed mysterious Michele...
...which he is doing much to change, from an office chocked with multicolored hard hats (''The boys working on Canal Place gave me the blue one''); a huge book of Persian art from the Shah; scrawled notes of affection from his two daughters; and his Sicilian family coat of arms. That Canizaro could become the most talked-about young businessman between Texas and Florida in a fairly short time gives some clues to the condition of opportunity in America...
...apartment in the exclusive Pierre Hotel. Over the next ten weeks, his relatives and lawyers reported receiving letters-and even a photograph-that supposedly proved that he had been abducted by Italian leftist radicals. But police in the U.S. and Italy suspected that the missing man, Sicilian-born Financier Michele Sindona, 59, had arranged his own disappearance to avoid standing trial in New York on a 99-count indictment for bank fraud and in Milan on charges of swindling two banks of $225 million...
...investigators are looking into reports that the mobsters held him somewhere in eastern Long Island and released him only after members of his family paid them an undisclosed bonus. The Sindona case is also being investigated in Italy, where police have arrested two brothers, Rosario and Vincenzo Spatola, both Sicilian contractors, for complicity in the financier's disappearance...
...wasn't he? When Michele Sindona, 59, Italy's notorious fallen angel of high finance, was first reported kidnaped from a Manhattan street two months ago, Italians as well as U.S. authorities were skeptical. Most believed that the native Sicilian had arranged his own disappearance. After all, he was about to stand trial in New York City on a 99-count indictment of financial finagling, and was wanted in Milan on charges of bank fraud totaling $225 million...