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...In return, the banks and Clessidra, run by Claudio Sposito, the former head of investment banking for Morgan Stanley in Italy, were offered a guaranteed exit in 2017 at a price that would earn them a profit...
...Clessidra’s head is Claudio Sposito, a well-known financier in Italy who worked for Morgan Stanley before becoming chief executive of Fininvest, the holding group for the interests of the Berlusconi family...
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