IL CRAC CIRIO: la folle ASCESA E CADUTA di SERGIO CRAGNOTTI

To participate in the Starting Finance Investment Meeting 2026 in Milan, click here: https://bit.ly/SFSfimMilano2026_YT _ A default of over €1 billion, 35,000 savers affected, and one of the biggest economic and financial scandals of the early 2000s. Il Sole 24 Ore called it "The mother of betrayed savings in Italy." In this video, we retrace the story of the Cirio Group and its creator, Sergio Cragnotti. From a skilled accountant to a top manager, to becoming the "buyer-of-all-trades" of the 1990s. We'll discover how Cragnotti built an international agri-food giant and led Lazio to dominance in Italy and Europe, only to see his empire crumble under the weight of unsustainable debt. We will analyze the crucial role of the infamous "Cirio Bonds": high-yield bonds placed in the pockets of thousands of small investors to save the group, in a controversial game of conflicts of interest between the company and the banks. This collapse shook the country, leading to investigations, convictions, and a profound reform to protect savers (such as the introduction of the MiFID regulation). TABLE OF CONTENTS: 00:00 Intro 03:45 The Dream of an Empire 07:53 The Collapse 12:51 In the Vortex of the Crash Author: Simone Cosimelli Text Editing: Andrea Costantini Editing: Elia Sartori Editing Supervision: Dario Bozzi, Daniele Ponzi Coordination: Simone Conti Editorial Director: Edoardo Scirè #StartingFinance #Finance #Economy Starting Finance Masterclasses: https://bit.ly/SFMasterclass_YT STARTING FINANCE CHANNELS: Instagram:   / startingfinance   Facebook:   / startingfinance   TikTok:   / startingfinance   Linkedin:   / starting-finance   Telegram: https://t.me/StartingFinance Website: https://startingfinance.com/