Word: societa
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Dates: during 1980-1989
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...Europe this summer (or indeed anywhere else) should be a giant display of futurist paintings, sculpture, books, pamphlets, posters and memorabilia in a palace, no longer tottering, on the Grand Canal. Titled "Futurismo & Futurismi" ("Futurism and Its Offshoots," more or less), the exhibition marks the opening of the Societa per Azioni Palazzo Grassi (Grassi Palace Society for Actions), housed in an 18th century structure whose restoration and conversion was brilliantly carried out by the Milanese architect Gae Aulenti. The new museum, lavishly funded by Fiat, is run by Pontus Hulten, former director of the Pompidou Center in Paris...
...back to 1929, when the Italian government under Benito Mussolini paid $83 million to the Holy See as compensation for the loss of papal territory seized from the church in 1870 by the Italian republic. Much of that money was eventually invested in real estate and Italian companies like Societa Generate Immobiliare, the giant international construction firm that later built Washington's Watergate apartment and hotel complex...