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Romano Prodi
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==Business and administrative career== [[File:Prodi Granelli 1985.jpg|thumb|upright|Prodi with Minister Luigi Granelli in 1985]] After leaving his position in 1989, Prodi ran the [[Bologna]] based consulting company ''Analisi e Studi Economici'', which he jointly owned along with his wife.<ref name="Telegraph">{{cite news |url=https://www.telegraph.co.uk/finance/markets/2809685/Italians-claim-country-run-by-Goldman-Sachs.html |archive-url=https://ghostarchive.org/archive/20220112/https://www.telegraph.co.uk/finance/markets/2809685/Italians-claim-country-run-by-Goldman-Sachs.html |archive-date=12 January 2022 |url-access=subscription |url-status=live |title=Italians claim country run by Goldman Sachs |date=19 June 2007 |publisher=[[Telegraph Media Group]] |access-date=5 August 2013 |location=London |first=Ambrose |last=Evans-Pritchard}}{{cbignore}}</ref> Between 1990 and 1993 the company earned [[Pound sterling|Β£]]1.4 million, most of which was paid by the investment bank [[Goldman Sachs]].<ref name="Telegraph"/> ===Second term as IRI President=== In 1993, Prodi was between the main candidates to become [[Prime Minister of Italy]] at the head of a [[technocratic government]]; instead, the Governor of the [[Bank of Italy]], [[Carlo Azeglio Ciampi]], was chosen for this office by President [[Oscar Luigi Scalfaro]].<ref>[http://storia.camera.it/governi/i-governo-ciampi Governo Ciampi]</ref> In 1993β1994, Prodi was appointed again President of the IRI, by Ciampi, where he oversaw extensive privatization of public assets. For his activities in this period Prodi would later twice come under investigation β firstly for an alleged conflict of interest in relation to contracts awarded to his own economic research company in relation to the Italdel-[[Siemens]] merger, and secondly concerning the sale of the loss-making state-owned food conglomerate SME to the multinational [[Unilever]], for which he had previously been a paid consultant.<ref name="Telegraph"/> Prodi's former employer, Goldman Sachs, was involved in both of the deals.<ref name="Telegraph"/> In February 2007 the Italian Treasury Police raided the [[Milan]] office of Goldman Sachs, where they removed a file called "[[Massimo Tononi|MTononi]]/memo-Prodi02.doc".<ref name="Telegraph"/> They also obtained a letter to Siemens from the [[Frankfurt]] office of Goldman Sachs regarding the Italdel deal, which revealed that Prodi was made the Senior Advisor of Goldman Sachs International in Italy in March 1990.<ref name="Telegraph"/> In November 1996, after Prodi had been elected prime minister, [[Rome]] prosecutor Guiseppa Geremia concluded that there was enough evidence to press charges against Prodi for conflict of interest in the Unilever deal. The case was, however, shut down within weeks by superiors, while Geremia was "exiled to [[Sardinia]]".<ref name="Telegraph"/>
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