Monte dei Paschi: Shaken to its foundations

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Huge sums of money lost, hidden contracts found, people in power because of privilege rather than professionalism, undue political influence and even death. No, it’s not the latest scandal from the Vatican, but the Monte dei Paschi drama. And now the spotlight is falling on the wider implications of its near-fall – not least, the ownership and board structure of many of Italy’s leading banks.