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De Benedetti: "Cuccia didn't understand modern capitalism, he didn't care about development"

In a meeting with Bocconi University students, the president of the Cir group thus recalled Mediobanca's number one historian, Enrico Cuccia: “The saying 'shares are weighed and not counted' is the negation of capitalism. Cuccia was a monarchist, he did not understand modern capitalism ”.

De Benedetti: "Cuccia didn't understand modern capitalism, he didn't care about development"

“Enrico Cuccia told me 'she is er mejo cool in the bigoncio, but I don't trust her'. It was he who wanted to sell the Olivetti electronics division to General Electric”. As' Charles DeBenedetti, honorary president of Cir and of the L'Espresso publishing group, in a passage from his life as an entrepreneur illustrated to the students of the Bocconi University in Milan.

De Benedetti also added: “Cuccia did not favor the birth of capitalism. The saying 'actions are weighed and not counted' is the negation of capitalism. His limit - he concluded, always referring to the historic president of Mediobanca - was his passion for Mediobanca. He was an autarchist, a monarchist. He certainly had great merits but he certainly didn't take care of the country's development, did not understand the modern age. At one point he could even retire ”.

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