«This volume tells the story of an unforgettable and dramatic year, which marked the end of the Republican kings of credit and their almost absolute dominance. The year of yet another great scam against naive savers and Europe, which has reformed the rules of the banking system. A year that we want to remain memorable, because only by having clear what has happened in these twelve months can we hope it won't happen again."
Stefano Righi's new book published by Guerini e Associati and goWare tells what happened in Arezzo, Ancona, Chieti, Ferrara, Vicenza, Treviso and many other cities? Why did thousands of Italians take to the streets to protest demanding their money back? The great scam to the detriment of Italian savers was consumed within a few months: a bonfire of financial vanity that burned millions of euros.
The most inexperienced savers, those who blindly believed in the advice received, are paying the price: shares and subordinated bonds of the banks have become waste paper. Blame for wicked investments by lenders and some unscrupulous bankers who, before anything else, thought about their personal gain. Here's everything you need to know to avoid that, in the future, even your savings end up paying for other people's ambitions and businesses.