The M+G+R Foundation

An Informal Presentation of

Mario Draghi

New President of the European Central Bank 

After a careful review, you may judge for yourself as to what truly is behind his appointment



September 3, 1947, in Rome, Italy


1970 - Degree in economics, Universita degli Studi, Rome

1976 - Ph.D. in economics from Massachusetts Institute of Technology, under the supervision of Nobel Laureates Franco Modigliani and Robert Solow


1981-1991 - Professor at the University of Florence

1984-1990 - Executive Director of the World Bank

1991-2001 - Director general of the Italian Treasury, and headed the government's privatization committee

2002-2005 - Vice-chairman and managing director of Goldman Sachs International and a member of the firm-wide management committee

2006-present - Governor of the Bank of Italy, and a member of the Governing and General Councils of the European Central Bank

2006-present - Chairman of the Financial Stability Forum, which became the Financial Stability Board in 2009

2011 - President of the European Central Bank

Source for A.


Mr. Draghi's appointment had been delayed by France, which was concerned it would lose influence in Brussels with the resignation of Jean-Claude Trichet.

The French President wanted Lorenzo Bini Smaghi - another Italian on the ECB’s board - to make way for a Frenchman, a move which the ECB confirmed on Friday.

Mr. Bini Smaghi is not due to leave his eight-year post until May 2013.

In April, Italian Prime Minister Silvio Berlusconi promised Mr. Sarkozy that Italy would yield Mr. Bini Smaghi's place on the board to a French candidate in return for France's backing of Mr. Draghi for president.

Source for B.


The 63-year-old father of two has impressive credentials. After receiving his PhD in economics in the US, his academic career took him to positions at the World Bank and the Italian Treasury, where he led a privatization drive.

Source for C.


The 61-year-old Governor of the Bank of Italy is chairman of the new Financial Stability Board – a beefed up version of the Basel-based Financial Stability Forum which he has overseen since 2006. The FSB was mandated in April by the G20 to oversee the reform and integration of international banking and financial markets regulation, with a particular emphasis on capital requirements.

Source for D.


When the replacement of Antonio Fazio as Director of the Italian Bank was to be fulfilled  on 2005 (Note: the name Draghi in translated as Dragon):  

"The Goldman Sachs investment bank is the world's most powerful and commonly defined, along with Rothschild, Warburg, Barings and other, one of the factions close to the "Anglo-Jewish empires" and therefore outside the control of the "powerful economic -religious "which is the Opera (Opus Dei) to which the pious hand belonged to Antonio Fazio long defended, not surprisingly, by the ecclesiastical hierarchy (dominance today to Opus Dei, whose head is just Benedict XVI).

“Moreover, the rose of the names of possible successors to Fazio, who has been circulating since the first time [1] did not provide a confirmation for a follower of the Opera, so consuming a strong clash between the Catholic hierarchy at the top and the Jewish lobbies.


[1] Among others, the most "popular" were: Mario Draghi (World Bank group, Bilderberg , vice chairman of Goldman Sachs), which has since been elected, Mario Monti ( Bilderberg , just "assumed" by Goldman Sachs) immediately self-suspended from competition, Tommaso Padoa-Schioppa (Aspen Institute, Bilderberg ), Domenico Siniscalco (RIIA, the Royal Institute for International Affairs , the government "shadow" UK), Victor Grilli (Aspen Institute), Lamberto Dini (former vice president of the BIS - The Bank for International Settlements - Knight Grand Cross, the International Monetary Fund).

“In the past the figure of Dragons was the headlines, especially when he took part, June 2, 1992, meeting secretly on board the Britannia, the royal yacht of Queen Elizabeth II of England, off Civitavecchia. On board were representatives of the bank (with bank representatives Barings, Warburg, Barclays, etc.) and financial (as well as Dragons, George Soros and others). In the presence of the Queen Elizabeth, who had occupied the official greetings, he had long discussed the need for a complete privatization of state-state and industry at bargain prices following a devaluation of the lira.

“Both events occurred early: in September 1992 during the government of Lamberto Dini, the then Governor of the Bank of Italy (Ciampi) delayed a speculation of the pound (the work of Hungarian-American billionaire George Soros [2] ) against pound, thus causing an abrupt and immediate devaluation of 30%. In an attempt to stem the country's financial and economic meltdown, the government set up to drain the heavy financial and foreign exchange reserves of the Bank of Italy: about 48 billion dollars (almost 100 thousand billion lire).

“Over the next ten years there have been several ministers of the Treasury and other governments (Andreotti, Amato, Ciampi, Berlusconi, Dini, Prodi, D'Alema, Amato and yet still Berlusconi), but remains in its place Dragons taking the reins of ' industry and finance to public participation in the privatization process and managing the process.

His figure is strongly related to other institutions like the World Bank Group and the Bilderberg [3].

 Source for E.


Google translation from the original in Italian, a PDF doc, parts of pages 145-149. Note: Draghi is translated as Drago. It is a summary for the period of privatization in Italy and the intervention of Draghi in the process:
(our highlights)

"...And in a few months you go to vote, with an almost certain winner Prodi and Giuliano Amato, who is preparing for the
great flight to the highest hill in Rome. That Dr. Sottile that, in the dramatic 1992, was called to hold the rudder of Government, after the torpedoing of Craxi. And the Treasury ruled the Word of Director General, Mario Draghi, who - in the beginning of 2000 he wrote to the journalist OPA Game Economic Cisnetto Henry - "many accuse of being even more powerful than Ciampi, that is a super minister who has never received any endowment popular ", even" the most powerful man in Italy " according to a Business Week in the late '90s, has also seen him at work among the leaders of the Bank World. Dragon will know hours ferrying our superbucata ship out the storm and avoid shipwreck? Let us understand, by reviewing the career of the new helmsman of Via Nazionale.


Let's start from the sea. Here we are on board the Britannia, the yacht of Queen Elizabeth en route along the Tyrrhenian coast, the waters of Civitavecchia and the Argentario. And 'June 2, Republic Day, exactly one hundred days have passed since the arrest of the Church. But the powerful, you know, the antennas are well tense and are organized in a heartbeat. In the splendid halls of the yacht you are gathered over one hundred including bankers, businessmen, big shots of international finance, especially brand
American and Anglo-Dutch. To lead our delegation
- told the news so thin the time - he, Dragons, which the "lords of the City" presents for the big word for word program disposals by the state and privatization. A real dismantling of the State an entrepreneur.

At that summit, according to well informed, he also participated in the current Economy Minister Giulio Tremonti, who tried to make the program Dragons fireman "was not any planned sell-off -watched - it was only the price to pay to enter the top clubs in the euro.” Clearer than that .... in perfect harmony with the current "enemy" (the Pole), the then president of IRI, Romano Prodi and the Eni Franco Barnabas. Very few voices of dissent. The Neapolitan Antonio Parlato, undersecretary at the time Budget, National Alliance, argued that Dragon was going to pursue a project of privatization the wild. He added that Britain would have been achieved on their own arrangements for a supersvalutazione the pound.

"...As it happens, among the guests "excellent" of Britannia peeps George Soros, financier super assault Hungarian roots, but the Yankee by adoption, at the head of the Quantum Fund and the protagonist of an amazing series caused the crash in various nations in the crosshairs of the U.S., backed by enormous liquidity, according to Some sources also Colombian origin. And incidentally, for Italy in September will be black, very dark indeed,

with a devaluation of 30 percent that will force the Bank of Italy Carlo Azeglio then governor

Ciampi (Director General Lamberto Dini) to drain the resources of the central bank (almost 50 billion dollars) to tackle the big speculative attack against the pound. Putting on a heavy paw also Moody's rating agency downgrades to our registered users. The super-initiated investigations into insider trading in several Italian prosecutors (including Naples and Rome) are finite in classic bubble. ...

"...And to drive the long awaited privatization plan -the only one who can save the ship from Italy financial storms - who can never be? Of course, Super Mario Draghi, who in eight years will take home a booty of nearly 200 trillion lire, selling right and left former jewels of the house, even the state. A mission made a sign with large determination, bringing the head of the international hit 'privatization' (second only to Great Britain Tony Blair's friend). But, according to other "technical", with a scientific policy of selling prices bargain. Super Mario - just got out of Britain - begins his war. We are in mid-July 1992 when the newly baptized Amato government gives the green light to the liquidation of EFIM, a company's  historical parastate, managed by the boyars feet of state but still able to express something. "Dragon is a small initial false - describes who knows him well - to freeze the debts with the banks, also abroad. ...

"The first big task is one year later, when the Italian Credit goes up for auction, to the delight of Entrepreneurs of the old and new finance, and assault. Anglo-American finance, the board of Britain, gloats, and a significant signal that comes with the landing of the new Ambassador Reginald Bartholomew, who after a few months of acclimatization between the Roman salons declares: "we will continue to emphasize to our Italian counterparts the need to be transparent privatization of continue in the speedy and to remove any barriers to foreign investment. " After five years - the role of the ambassador resigned - Bartholomew was named president of Merrill Lynch Italy, one of the giants made in the USA. ...No sooner said than done, however. The directives of mr. Reginald were followed to the letter during the 90s. From big privatizations badged Telecom (23 trillion) and Enel (32 thousand), passing through a sea of scattered farms' in all sectors, starting dall'agroalimentare that is literally fed, it must be said, the big Dutch, English or stars and stripes. We arrive in 2000. ...Use of financial giant Goldman Sachs Whitehall Fund through its very dynamic, that it becomes available - to give just one example - the former Eni area of San Donato Milanese, 300 000 superappetibili square meters, where they could be transferred to local historians Rai Corso Sempione. Goldman Sachs, however, does not stop there, scoops and other properties, such as those of the Foundation Cariplo (and then, with another big U.S., Morgan Stanley, the assets of Mattonari Unim, Ras and Taurus). Another catch-all, the Carlyle Group, which has made buying up property in Naples (between shareholders main, Bush and Bin Laden families).


In 2001, Mario Draghi, accomplished its mission as Director General of the Treasury and above responsible for privatization, moves to another position. Rather than public, this time, but private. No longer in Italy but abroad. It is to enlist the giant stars and stripes: in January, in fact, takes as vice chairman of Goldman Sachs International. Years full of success, so much so that at the end of 2004 was appointed to the top of the "management committee", the body which plans all of the decisions group at the international level, the first "non-US" to cut this milestone in the history of Goldman....

...And Fazio observe (d): "I tried to avoid at all costs the colonization of our banking system. You will see what will happen after me. "
THE Mafia BILDERBERG masonry and trilateral

" June 2003 the Group Bilderberg celebrated its first in 50 years. ...The meeting of the fifty years has seen the participation, on the financial side, Franco Bernabe, Rodolfo De Benedetti, Mario Draghi, Mario Mountains, Tommaso Padoa-Schioppa, Richard Sparrow, Paolo Scaroni, Tronchetti Provera. For the series: all the possible candidates to succeed Fazio at Summit Bank of Italy!"

"...December 31: the grudging praise of the right and more convinced of the "left" to Mario Draghi, Governor of the Bank of Italy, close to Berlusconi's ...The winner is finance Anglo Israel, Masonic and secular (so to speak), the loser finance and especially the Catholic Freemasonry, Opus Dei. Win even those who have started 13 years before the Italian bankruptcy...
Source for F. 

Links between Mario Draghi and Jesuits follows

A. (our highlights)

On 18th July Mario Draghi, the Jesuit trained governor of the Italian Central Bank ‘Bankitalia’, participated to a meeting of the Irish central bank in Dublin. There he putted his mouth and his tongue at the service of the Vatican Usurers Global Wide crusade (they call it: globalization) with which the Romanists want to enslave (they call it: to evangelize) every living being on earth provided with some quantum of conscience. Our diligent schoolboy arrived from the new restored Pontifical reign of Italy to carry out, with worry and diligency, the important exercises his black teachers gave him. So what said our Mario to the anxious spectator in the Roman Catholic Dublin Castle?

“...Central banks must take the lead in restoring order...”

 Source for A.

B. (our highlights)

"Mario Draghi frequented the Istituto Massimiliano Massimo of Rome with Luca Cordero di Montezemolo (prsident of Ferrari) and Gianni de Gennaro (head security forces during G8 Genoa clashes of 2001 and responsible of the intelligence services in the Berlusconi government):

A joke that reveals his destiny as showman (added to the failure of the first lyceum class) was paid by him with the expulsion from the Massimiliano Massimo Institute, a severe school of the Jesuits, heir of that Collegio Romano (Roman College) dispossessed by the Italian Reign to the fathers of saint Ignatius in 1870 and then transformed in the lay lyceum “Visconti”. Magalli, once classroom comrade of Mario Draghi (and not only of him), tells us: “There was something ungrateful in the classroom exercise. I passed the night composing a warning notice: “Municipality of Rome – the classroom is closed cause disinfestations”. Perfect, it had deceived everyone. During the morning mass, the corridor was desert. I sealed the door of the classroom with scotch tape, and then hanged the warning. There was hell to pay, some professor believed it. Then they caught me, and they said to me: bye bye. Mario, who often passed to us the exercises during the travels in the Pullman, surely will remember that morning....”

The Massimo Institute of those years produced a bunch of sections full of future very important persons. Till the fifth classroom gymnasium Draghi studied in the same class with Luca Cordero di Montezemolo and Cristiano Rattazzi: “Then Luca and Cristiano transferred to the Morosini Institiute of Venice. Luca didn’t resist very much, I suspect it was due to the discipline. We remained always in contact. Expecially after. With Mario and Luca there’s always a formidable link”, is telling us Paolo Vigevano, founder of the Radio Radicale (the radio of Radical party) and now head of the institutional relations of Cos-Finsiel, with a classic diploma gained in 1966 (Draghi gained it in the 1965). Still Vigevano: “Another link was the basket team of the Institute. There played Mario, I and Giovanni de Gennaro, today head of the State Police, who was my classroom comrade. Mario had a well throw; his model was Bill Bradley, great champion and then U.S. senator”.

In the third section B of the classic, final examination year 1965, there was Giuseppe Petochi, refined Roman goldsmith (family work since 1884): “The first of the class was Francesco Snider, now professor of vascular surgeon at the Cattolica (= Università Cattolica/Catholic University). But also Mario was very clever in Latin and mathematic. Well, we could say he was one of those that if you have troubles he helps you”. To suggest the exercises? “He rather helped to understand”. Not a swot, swears to us Francesco Lovatelli, engineer, informatics businessman: “He was very precise, also in the dressing, but not obsessed with the study. He was very keen on sport; I think the race was his speciality”. Other names of the other sections (but at the end the whole was a single giant group, as the friends are agreeing). In the section A there was Staffan de Mistura today key man of the U.N. in Iraq, and Giuseppe Sangiorgi, former director of the daily “Popolo” and former member of the Authority of the Telecommunications. In the section C there was Luigi Abete, president of BNL (Banca Nazionale del Lavoro, see Iran-Contra affaire – avles), and Giovanni Lelli, general director of Enea (Atomic Energy National Institute). And in the section B of Draghi there was also Ezio Bussoletti, adviser of the Environment minister, and Alberto Francesconi, president of Agis. But Pippo Pepe – head of the press office of the Communication minister - studied together with Vigevano and De Gennaro. During the final examinations of 1966, Vigevano-De Gennaro, appears also the name of Antonio Mennini, now monsignore and representative of the Holy See in Moscow.

Near the women (in the dreams) the other fixed point was the study (the hard reality). The collective memories are rebuilding a group of teachers composed nearly exclusively by Jesuits: Franco Rozzi, headmaster of the lyceum, at those times terrible guardian of the discipline, also today active confessor in the Chiesa del Gesù church. Then Paolo Taggi, formidable Hellenist, pupil of Lorenzo Rocci (obviously a Jesuit) and author of the dictionary Italian-Greek. Giuseppe Giannella, Italianist, historian of art, and passionate musician. The rector Sabino Maffeo, astrophysics, who after the Massimo Institute directed for a long time the Specola Vaticana of Castel Gandolfo where he still today lives. Close interrogations, sudden exercises, involved the mathematical ones “with the surprise” of the professor Eraldo Tani who obsessed many generations of Massimo institute students (also Draghi) with his wooden rod marking the remaining last five minutes of the exercises hitting the cathedra. Still Francesco Lovatelli: “Once he was a nightmare. But, to speak the truth, he trained us to keep cold nerves in the life”.

And now, with the appointment of Mario Draghi at the Banca d’Italia (just awarded in 1995 with the annual recognition of the institute) will be there a get-together of former students? Magally smiles: “I don’t know...."

Source for B. 

Other Key Items

A. Participation of Goldman Saks - and presumably of Mario Draghi - in the Greek entrance to the Euro Zone: (our highlights)

"Goldman Sachs’ role in this Greek tragedy... and the next sovereign defaults

"In the « Greek case », just like in every suspense story, a « bad guy » is needed (or, following the logic of an old-style tragedy, a « deus ex machina »). In this phase of the global systemic crisis, the role of the « bad guy » is usually played by one of Wall Street’s big investment banks, in particular by the leader of the gang, Goldman Sachs. The « Greek case » is no different as indeed this New York investment bank is directly implicated in the budgetary conjuring tricks which allowed Greece to qualify for Euro entry, whilst its actual budget deficits would have disqualified it. In reality it was Goldman Sachs who, in 2002, created one of its cunning financial models of which it holds the secret (9) and which, almost systematically resurfaces several years later, to blow up the client. But what does it matter, since GS (Goldman Sachs) profits were the beneficiary!

"In the Greek case what the investment bank proposed was very simple: raise a loan which didn’t appear in the budget (a swap agreement which enabled a fictitious reduction in the size of the Greek public deficit (10). The Greek leaders at the time were, of course, 100% liable and should, in LEAP/E2020’s opinion, be subjected to Greek and European political and legal process for having cheated the EU and their own citizens within the framework of a major historic event, the creation of the single European currency.

"But, let’s be clear, the liability of the New York investment bank (as an accomplice) is just as great, especially when one is aware of the fact that Goldman Sachs’ vice-president for Europe was, at the time, a certain Mario Draghi (11), currently President of the Italian Central Bank and a candidate (12) to succeed Jean-Claude Trichet at the head of the European Central Bank (13).

"Without wishing to pre-judge Mr. Draghi’s role in the affair of the loan manipulating Greece’s statistics (14), one should ask oneself if it wouldn’t be worthwhile to question his involvement in the affair (15). In a democracy, the press (16), like parliaments (in this case Greek and European), are expected to take on this task themselves. Considering the importance of GS in world financial affairs these last few years, nothing that this bank does should leave governments and legislators indifferent. It is Paul Volcker, current head of Barack Obama’s financial advisors, who has become one of the strongest critics of Goldman Sachs’ activities (17). We already had the occasion to write, at the time of the election of the current US President, that he is the only person in his entourage having the experience and skills to push through tough measures (18) and who, at this moment, knows what, or rather whom, he is talking about.

"With this same logic, on the issue of transparency in financial activities and state budgets and using the ill-fated role of Goldman Sachs and of the large investment banks in general as an illustration, LEAP/E2020 takes the view that it would be beneficial for the European Union and its five hundred million citizens, to exclude former managers of these investment banks (19) from any post of financial, budgetary and economic control (ECB, European Commission, National Central Banks). The mixing of these relationships can only lead to even greater confusion between public and private interests, which can only be to the detriment of European public interests. To begin with, the Eurozone should immediately require the Greek government to stop calling on the services of Goldman Sachs which, according to the Financial Times of 01/28/2010, it still uses.

"If the head of Goldman Sachs believes he is « God » as he described himself in a recent interview (20), it would be prudent to consider that his bank, and its lookalikes, can seriously behave like devils, and it is therefore wise to draw all the consequences. This piece of advice, according to our team, is valid for the whole of Europe, as well as every other continent. There are « private services » which clash with « public interests »: just ask Greek citizens and American real estate owners whose houses have been repossessed by the banks! "

Source for A.


B. Draghi was related directly with fraud accusations while he was with Goldman, in relation with the privatization process of Italy: (Transcription of a letter)

Here's the letter that the Adusbef wrote to the Minister Tommaso Padoa-Schioppa:

Elio Lannutti (President Adusbef)

Rome, June 1, 2007

Minister of Economy

Dr. Tommaso Padoa-Schioppa,

Via XX Settembre, 97

00187 ROME

Subject: tax fraud Goldman Sachs

Dear Mr. Minister,

We learned that the Ministry of Economy has used Goldman Sachs as a bank reference privileged, even while placing the current issue of global bonds decades from 3 billion U.S. dollars, maturing September 20, 2016, as lead manager, along with Citigroup and JP Morgan.

We wanted to inform you, Mr. Minister, that Goldman Sachs International, fourth largest bank in the business world, is on trial by the prosecutor of Pescara to an ingenious fraud against the State for 202 million euros. 

The bank in fact, that he had as vice president and manager for Europe, Mario Draghi, the current Governor of the Bank of Italy in the period indicted (2002-2005), was put in place a mechanism by which the fraudulent actions Italian listed companies, also held by institutional investors (like pension funds and others), just before the period of posting of dividend coupons, were "transferred" to other countries, mainly in England, so as to pave the way for avoidance of double taxation.

The survey called "Easy Credit", which is still in progress, which can lead to sensational developments, could be extinct (in terms of tax, non-criminal) if Goldman Sachs shall pay to the coffers of the bloodless Italian tax authorities, the "misery" of 202 million.

If a bank in the United States is only suspected of tax fraud against the State, it is immediately removed from the banks of reference of the U.S. Treasury.  We ask then, Mr. Minister to withdraw Goldaman Sachs (which see Prof. Mario Monti as a senior executive for Europe), from the banks of the Italian Treasury for cause, at least until the legal matter will be clarified and tax in all its aspects.

We thank you for your attention, the opportunity is welcome to send
Deferential greetings
Elio Lannutti (President Adusbef)

Source for B.

C. About Communion and Liberation: Mario Draghi went to one of their meetings:
(our highlights)

"In "La Lobby di Dio" ("God's Lobby") Pinotti persuasively argues that Comunione e liberazione — known in Italy as Cl — is more powerful than Opus Dei, more well-oiled than freemasonry, and more "plugged in" than Confindustria, Italy's manufacturer's association. According to Eugenio Scalfari, the longtime editor of the daily La Repubblica, "Not even the Mafia has so much power. In hospitals, healthcare, universities...."

"Known in the United States as Communion and Liberation, Cl's tenets are often confused with those of Marxist Liberation Theology. They couldn't be more different.

"Cl began as a student movement founded in 1954 by priest Don Luigi Giussani at Milan's Berchet Liceo classico. Gioventù studentesca, its original name, emphasized communal activities and sought to fill the existential and spiritual voids of adolescence. Virulently anti-Communist, it was a Catholic alternative to the radical youth movements of the 1960s. John Paul II officially recognized Cl in 1982. Group activity sustains its Christian message. The Ciellini hike, sing and study together. Later, they do business together.

"But Cl's reach isn't limited to conservatives. Pier-Luigi Bersani, the left's former leader, is a friend. Relations between Cl and the Lega Nord, once hostile, are now cozy. The showcase of Cl power is its annual meeting. This power-politics mating game has something for both Cl and illustrious invitees such as Bank of Italy director Mario Draghi, Vatican bank director Ettore Gotti Tedeschi, Fiat's Sergio Marchionne, influential banker Corrado Passera, and politician Francesco Rutelli.

"Not everyone stays loyal. Arturo Zannelli, former head of Cdo in Calabria, turned on Cl and denounced its simple but "diabolical" system: "I groom the relationship with the politician, he gets the money, I hire the people and he gets the votes."

"Many say that because Cl keeps young people out of trouble and spreads Christ's word, its paradoxical pursuit of earthly power is forgivable.  

"It is a risky paradox. For advice on managing it, Cl leaders might want to re-read Christ's words in Matthew 6:24. "No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon.”

 Source for C.

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