Paolo Baffi

Paolo Baffi (5 August 1911 – 4 August 1989) was an Italian academic, banker, and economist. He was the Governor of Bank of Italy from 1975 to 1979.

Paolo Baffi with Nilde Iotti, President of the Italian Chamber of Deputies, 1979

Biography

He was born at Broni. He became governor of the Bank of Italy in 1975, succeeding Guido Carli. His appointment was supported by both the government parties (in particular the Republican Party and Aldo Moro of Christian Democracy, then president) and the main opposition force, the Communist Party.

He resigned in 1979, after a failed accusation against him led by magistrates of the Tribunal of Rome, considered kin to the Caltagirone family (a group of builders who had contracted heavy debts with the Bank of Italy) and Christian Democracy. Baffi died in Rome in 1989.

In March 1979, he was implicated in a judicial investigation into the lack of vigilance by the credit institutes opened by the deputy prosecutor of the Republic of Rome Luciano Infelisi and conducted by the investigating judge Antonio Alibrandi.

gollark: The thing with making modern technology early is that quite a lot of it would just not have worked very well without other advances.

gollark: What might be interesting is completely departing from the whole "sequentially executing C-like code as fast as possible" thing. Though I guess that's... basically GPUs now?

gollark: I mean, that's... two architectures, and IIRC they're bad in different ways.

gollark: I expected to basically just use it for portably accessing stuff at home, but it turns out that most of my workloads run fine on this and my desktop's GPU was (still is, but I replaced it with a much worse one so I could use it workingly as a server) a bit broken so I use it for most stuff now.

gollark: The main issue is that I did not buy enough RAM for it, and the screen is bad.

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