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These are the user uploaded subtitles that are being translated: 1 00:00:04,526 --> 00:00:08,747 Roberto Calvi was one of the most powerful figures in Italy. 2 00:00:08,878 --> 00:00:12,186 When his corpse was found, it was shocking. 3 00:00:12,316 --> 00:00:15,667 The question of who killed Calvi is who didn't kill Calvi. 4 00:00:15,798 --> 00:00:16,277 [music playing] 5 00:00:16,407 --> 00:00:18,496 It was a huge story. 6 00:00:18,627 --> 00:00:21,586 God's banker found hanging underneath Blackfriars Bridge. 7 00:00:21,717 --> 00:00:24,067 It was just such an extraordinary case. 8 00:00:24,198 --> 00:00:26,852 It touched the top of Italy. 9 00:00:26,983 --> 00:00:29,899 It was well connected, a secret Masonic lodge. 10 00:00:30,030 --> 00:00:31,770 The Vatican and the Mafia. 11 00:00:31,901 --> 00:00:33,511 This man had so many enemies. 12 00:00:33,642 --> 00:00:36,558 I don't think I've ever done a case quite like this one. 13 00:00:36,688 --> 00:00:39,691 From the very beginning, there was some kind of conspiracy 14 00:00:39,822 --> 00:00:41,606 to keep the truth under wraps. 15 00:00:41,737 --> 00:00:44,609 They hadn't investigated the scene properly. 16 00:00:44,740 --> 00:00:47,351 They simply made a mess of the investigation. 17 00:00:47,482 --> 00:00:49,919 There were still questions to be answered. 18 00:00:50,050 --> 00:00:51,225 This story had everything. 19 00:00:51,355 --> 00:00:55,533 Chicanery, skullduggery, betrayals. 20 00:00:55,664 --> 00:01:00,103 It is this mixture of people from high and low. 21 00:01:03,193 --> 00:01:06,240 Criminals and murderers in contact 22 00:01:06,370 --> 00:01:09,330 with Catholic Cardinals, the Italian ministers, 23 00:01:09,460 --> 00:01:11,810 and ultimately the Pope. 24 00:01:11,941 --> 00:01:14,204 There was all sorts of speculation. 25 00:01:14,335 --> 00:01:17,164 He could have been killed by any one of these enemies. 26 00:01:17,294 --> 00:01:19,862 Roberto Calvi built a house of cards, 27 00:01:19,992 --> 00:01:21,951 but everything fell apart. 28 00:01:22,082 --> 00:01:25,346 When the whole thing blew up and all these things came out, 29 00:01:25,476 --> 00:01:27,870 not just in Italy, but in the international press, 30 00:01:28,000 --> 00:01:29,176 it was a huge story. 31 00:01:29,306 --> 00:01:32,309 [music playing] 32 00:03:09,928 --> 00:03:14,455 Tito has been Calvi's driver for years. 33 00:03:14,585 --> 00:03:17,806 Calvi arrives at the car like clockwork. 34 00:03:17,936 --> 00:03:26,684 The rhythm of his Monday through Friday rarely changing, 35 00:03:26,815 --> 00:03:28,208 except on this day. 36 00:03:33,387 --> 00:03:36,259 The banker wasn't there, Tito reported him missing. 37 00:03:39,523 --> 00:03:43,397 The head of Italy's biggest private bank 38 00:03:43,527 --> 00:03:46,704 about to go bankrupt and he's disappeared. 39 00:03:51,796 --> 00:03:54,582 Calvi has been missing them for exactly a week now. 40 00:03:54,712 --> 00:03:56,584 People are looking for him internationally 41 00:03:56,714 --> 00:04:01,197 and it's a very high profile case. 42 00:04:01,328 --> 00:04:03,982 Early in the morning in London, a man 43 00:04:04,113 --> 00:04:07,551 named Anthony Huntley, who worked at the Daily Express 44 00:04:07,682 --> 00:04:12,208 newspaper was walking across Blackfriars Bridge on his way 45 00:04:12,339 --> 00:04:13,296 to work. 46 00:04:13,427 --> 00:04:15,994 He catches sight of what appears to be 47 00:04:16,125 --> 00:04:20,042 a man dangling from a rope. 48 00:04:25,613 --> 00:04:29,791 This death took place in the city of London, 49 00:04:29,921 --> 00:04:32,837 which has its own separate police force called 50 00:04:32,968 --> 00:04:34,317 the City of London Police. 51 00:04:34,448 --> 00:04:35,579 What did you see? 52 00:04:35,710 --> 00:04:38,582 I saw a complete body hanging by the neck 53 00:04:38,713 --> 00:04:40,497 from a length of yellow-orange string tied 54 00:04:40,628 --> 00:04:43,892 to the top horizontal scaffolding tube. 55 00:04:44,022 --> 00:04:46,590 His feet were dangling in the water, which 56 00:04:46,721 --> 00:04:48,549 was up to his ankle bones. 57 00:04:48,679 --> 00:04:50,812 The City Police are accustomed to dealing 58 00:04:50,942 --> 00:04:55,773 with financial crimes, and they very rarely deal with murders. 59 00:04:55,904 --> 00:04:57,949 They're a relatively small force. 60 00:04:58,080 --> 00:05:03,346 They just work in a fairly small geographical area. 61 00:05:03,477 --> 00:05:06,218 The rest of London has the Metropolitan Police, 62 00:05:06,349 --> 00:05:09,657 which is popularly known as Scotland Yard. 63 00:05:09,787 --> 00:05:12,486 They have a great deal of experience 64 00:05:12,616 --> 00:05:14,314 investigating murders. 65 00:05:14,444 --> 00:05:17,926 The City of London Police does not. 66 00:05:18,056 --> 00:05:21,146 Dead bodies are fished out from the Thames all the time. 67 00:05:21,277 --> 00:05:24,498 Natural causes, drowning, suicides, not 68 00:05:24,628 --> 00:05:28,284 major international mysteries. 69 00:05:28,415 --> 00:05:31,809 There were mistakes in the handling of the crime scene. 70 00:05:31,940 --> 00:05:37,598 He's not photographed in situ, another automatic precaution 71 00:05:37,728 --> 00:05:39,207 in a mysterious death. 72 00:05:39,339 --> 00:05:44,344 If you suspected any foul play of any kind, 73 00:05:44,474 --> 00:05:46,868 you would want to have a full set of photographs. 74 00:05:46,998 --> 00:05:48,652 And they certainly were photographing crime scenes 75 00:05:48,783 --> 00:05:51,786 in the 1980s, absolutely. 76 00:05:51,916 --> 00:05:54,702 And then of course, they untied the knot. 77 00:05:54,832 --> 00:05:56,399 You wouldn't do that. 78 00:05:56,530 --> 00:06:01,361 You normally cut the rope, so you had the knot intact. 79 00:06:01,491 --> 00:06:06,627 The body has taken to the boat to a nearby pier, laid out. 80 00:06:06,757 --> 00:06:08,542 The British police are handling this 81 00:06:08,672 --> 00:06:10,718 as though it's the death of a tramp. 82 00:06:10,848 --> 00:06:14,199 It was not the shining hour of the City of London Police. 83 00:06:18,813 --> 00:06:21,119 There were the five stones or part bricks 84 00:06:21,250 --> 00:06:25,428 that had been recovered from his pockets and his trousers. 85 00:06:25,559 --> 00:06:27,865 One of the bricks has been placed 86 00:06:27,996 --> 00:06:33,871 in the crotch of his trousers on top of his genitals. 87 00:06:34,002 --> 00:06:41,270 They found $15,000 worth of various currencies. 88 00:06:41,401 --> 00:06:43,881 Calvi was wearing a watch. 89 00:06:44,012 --> 00:06:46,710 The City Police had not bothered to note 90 00:06:46,841 --> 00:06:49,060 what time was on the watch when they found it. 91 00:06:52,760 --> 00:06:55,502 The police identified him from his passport 92 00:06:55,632 --> 00:06:59,767 as Gian Roberto Calvini. 93 00:06:59,897 --> 00:07:04,598 They had an autopsy done by the top forensic pathologist 94 00:07:04,728 --> 00:07:06,513 in the UK. 95 00:07:06,643 --> 00:07:10,342 He concluded that there were no signs of struggle. 96 00:07:10,473 --> 00:07:15,435 The suggestion is that he might have loaded himself 97 00:07:15,565 --> 00:07:20,701 up with bricks intending to drown himself in the river. 98 00:07:20,831 --> 00:07:24,574 Soon after this examination, the accurate identification 99 00:07:24,705 --> 00:07:30,450 of Calvi actually happens very rapidly. 100 00:07:30,580 --> 00:07:32,756 It's the head of Rome special branch. 101 00:07:32,887 --> 00:07:34,802 I believe you have our banker. 102 00:07:34,932 --> 00:07:35,629 Calvini? 103 00:07:35,759 --> 00:07:38,806 Roberto Calvi. 104 00:07:38,936 --> 00:07:43,158 Calvi has been missing from Rome since the 11th. 105 00:07:43,288 --> 00:07:45,377 Well, the Italian authorities had reported 106 00:07:45,508 --> 00:07:47,467 that Calvi was missing. 107 00:07:47,597 --> 00:07:50,252 He was head of one of the largest banks in Italy 108 00:07:50,382 --> 00:07:54,082 and was an advisor to the Vatican bank. 109 00:07:54,212 --> 00:07:56,606 He's also someone who is involved 110 00:07:56,737 --> 00:07:59,391 in all this shadowy political intrigue 111 00:07:59,522 --> 00:08:03,657 and a member of the P2 Masonic Lodge. 112 00:08:03,787 --> 00:08:06,007 The alternative interpretation of the bricks 113 00:08:06,137 --> 00:08:09,010 is a symbol of Freemasonry. 114 00:08:09,140 --> 00:08:11,969 And he's been executed in a way that 115 00:08:12,100 --> 00:08:15,843 could happen to you if you breach your oath of silence, 116 00:08:15,973 --> 00:08:18,802 loyalty to Freemasonry. 117 00:08:18,933 --> 00:08:20,978 And then he's found under Blackfriars Bridge, 118 00:08:21,109 --> 00:08:25,200 seen by many as another reference to Freemasonry. 119 00:08:25,330 --> 00:08:28,420 He's a member of this secret underground Freemason 120 00:08:28,551 --> 00:08:31,075 organization that counts some of the most powerful people 121 00:08:31,206 --> 00:08:32,816 in the country. 122 00:08:32,947 --> 00:08:35,863 The City Police weren't aware of this. 123 00:08:35,993 --> 00:08:39,475 The Italian police were in the Italian general public. 124 00:08:39,606 --> 00:08:42,522 The British claim to be indignant 125 00:08:42,652 --> 00:08:45,002 that the Italians are not sharing information 126 00:08:45,133 --> 00:08:50,790 with them about the background to his demise. 127 00:08:50,921 --> 00:08:52,227 The British tabloids were all over it. 128 00:08:52,357 --> 00:08:53,924 It was a huge story. 129 00:08:54,055 --> 00:08:57,667 Gods banker found hanging underneath the bridge. 130 00:08:57,798 --> 00:08:59,582 And for the British, question now 131 00:08:59,713 --> 00:09:04,979 that is to be heard, murder or suicide? 132 00:09:05,109 --> 00:09:07,155 People in Italy assumed immediately 133 00:09:07,285 --> 00:09:09,549 that he had been murdered just because of who 134 00:09:09,679 --> 00:09:13,248 he was and the circumstances of his death. 135 00:09:13,378 --> 00:09:14,728 City Police didn't really know that he 136 00:09:14,858 --> 00:09:17,687 had many, many enemies, any one of whom 137 00:09:17,818 --> 00:09:20,037 could have potentially murdered him 138 00:09:20,168 --> 00:09:21,604 or ordered him to be murdered. 139 00:09:21,735 --> 00:09:24,781 [music playing] 140 00:10:22,883 --> 00:10:25,146 Others who believe that Calvi was definitely 141 00:10:25,276 --> 00:10:28,279 murdered, his own family. 142 00:10:28,410 --> 00:10:30,717 His son Carlo who had been living and working 143 00:10:30,847 --> 00:10:33,894 in the United States, his ambition 144 00:10:34,024 --> 00:10:36,505 was to follow in his father's footsteps 145 00:10:36,636 --> 00:10:39,247 in banking or financial career. 146 00:10:39,377 --> 00:10:42,554 With him or his mother, Clara, and his sister, 147 00:10:42,685 --> 00:10:45,079 Anna, who has left Italy at her father's 148 00:10:45,209 --> 00:10:48,909 desperate urging only days before. 149 00:10:49,039 --> 00:10:50,475 The family boards a flight to London. 150 00:10:55,785 --> 00:10:59,963 Five weeks after Calvi's death, City of London Coroner Dr. 151 00:11:00,094 --> 00:11:03,358 David Paul presides over the inquest. 152 00:11:03,488 --> 00:11:06,927 The inquest is handled in extraordinary haste. 153 00:11:07,057 --> 00:11:10,365 It's completed within one day, not giving people 154 00:11:10,495 --> 00:11:15,762 time to consider evidence in any detail. 155 00:11:15,892 --> 00:11:21,202 In less than an hour, the jury comes to a conclusion. 156 00:11:21,332 --> 00:11:24,553 The jury has decided that the deceased killed himself. 157 00:11:24,684 --> 00:11:27,251 Ooh. 158 00:11:27,382 --> 00:11:29,471 I therefore record that the jury found 159 00:11:29,601 --> 00:11:32,474 that Roberto Calvi, a male, 62 years, 160 00:11:32,604 --> 00:11:38,045 was certified dead at Waterloo pier 18th of June, 1982. 161 00:11:38,175 --> 00:11:42,571 Cause of death, asphyxia due to hanging. 162 00:11:42,702 --> 00:11:43,703 Momentous words-- 163 00:11:43,833 --> 00:11:47,445 And that he killed himself. 164 00:11:47,576 --> 00:11:50,187 --that will go a long way to postponing the solution 165 00:11:50,318 --> 00:11:51,580 to the Calvi riddle. 166 00:11:51,711 --> 00:11:56,063 There was outrage but there was also ridicule. 167 00:11:56,193 --> 00:11:58,892 The idea of rushing to judgment on this 168 00:11:59,022 --> 00:12:05,463 supports the theory of official desire for a cover up 169 00:12:05,594 --> 00:12:09,424 to limit the damage from what the full truth might 170 00:12:09,554 --> 00:12:12,035 have revealed. 171 00:12:12,166 --> 00:12:15,343 The Calvi family were very upset at the result 172 00:12:15,473 --> 00:12:17,084 of the first inquest. 173 00:12:17,214 --> 00:12:22,698 They were pushing for a different verdict. 174 00:12:22,829 --> 00:12:24,874 They employed a very high profile lawyer 175 00:12:25,005 --> 00:12:26,746 to look into the case for them. 176 00:12:26,876 --> 00:12:29,139 And eventually, they got a second inquest a year later. 177 00:12:34,057 --> 00:12:36,320 Signor Calvi's widow and son maintained 178 00:12:36,451 --> 00:12:36,973 that he was murdered. 179 00:12:52,075 --> 00:12:53,729 There would never have been a second inquest 180 00:12:53,860 --> 00:12:55,644 if it hadn't been for his family. 181 00:13:02,172 --> 00:13:04,000 On the first day of the new inquest, 182 00:13:04,131 --> 00:13:05,959 the jury of six men and three women 183 00:13:06,089 --> 00:13:07,699 were brought to Blackfriars Bridge 184 00:13:07,830 --> 00:13:09,484 where Signor Calvi's body was found 185 00:13:09,614 --> 00:13:12,400 hanging almost a year ago. 186 00:13:12,530 --> 00:13:13,923 It goes on for 11 days. 187 00:13:14,054 --> 00:13:15,664 The family comes in and testifies at one point 188 00:13:15,795 --> 00:13:16,491 about his state of mind. 189 00:13:30,810 --> 00:13:33,290 For the Calvi family, that was a great victory 190 00:13:33,421 --> 00:13:36,467 because it had gone from the point of being suicide to open 191 00:13:36,598 --> 00:13:40,254 verdict and they took that finding of open verdict and use 192 00:13:40,384 --> 00:13:43,257 that as the basis then to try to show it was murder. 193 00:13:54,790 --> 00:13:57,358 I believe the killers were sending a message 194 00:13:57,488 --> 00:14:01,797 by killing him in public in the heart of the city. 195 00:14:01,928 --> 00:14:05,279 There was definitely something theatrical about it all. 196 00:14:05,409 --> 00:14:08,195 And the message was clearly worth the risk. 197 00:14:15,376 --> 00:14:17,987 The circles that he moved in invites 198 00:14:18,118 --> 00:14:20,555 that kind of speculation. 199 00:14:20,685 --> 00:14:22,687 I lean toward murder. 200 00:14:22,818 --> 00:14:26,561 There were a hell of a lot of people who wanted him dead. 201 00:14:26,691 --> 00:14:30,695 The intrigue dragged in so many different types 202 00:14:30,826 --> 00:14:32,480 and levels of people. 203 00:14:32,610 --> 00:14:36,832 It gives conspiracy theories a bad name. 204 00:14:36,963 --> 00:14:38,442 When he got involved with these people, 205 00:14:38,573 --> 00:14:41,881 that was the beginning of his downfall. 206 00:14:42,011 --> 00:14:45,493 To understand how Roberto Calvi's death came to pass, 207 00:14:45,623 --> 00:14:47,669 we must know his story. 208 00:14:47,799 --> 00:14:51,020 [music playing] 209 00:15:03,598 --> 00:15:07,167 Roberto Calvi came from a middle class family. 210 00:15:07,297 --> 00:15:09,212 They were not rich. 211 00:15:09,343 --> 00:15:13,956 He knew in school children of wealthy families 212 00:15:14,087 --> 00:15:17,046 and he had a more of a simple middle class lifestyle. 213 00:15:17,177 --> 00:15:20,310 So he was envious of many of his peers. 214 00:15:20,441 --> 00:15:24,184 He was just so socially awkward and insecure 215 00:15:24,314 --> 00:15:27,187 and just had problems dealing with people. 216 00:15:27,317 --> 00:15:30,364 Calvi's middle class is very hard to break out of. 217 00:15:30,494 --> 00:15:33,149 His father's a banker at a regional bank, 218 00:15:33,280 --> 00:15:36,283 never gets past the position of manager. 219 00:15:36,413 --> 00:15:39,286 Calvi did probably have a chip on his shoulder 220 00:15:39,415 --> 00:15:43,072 with his father in terms of social snobbery. 221 00:15:43,203 --> 00:15:47,772 Calvi was more ambitious and he attended Bocconi University 222 00:15:47,903 --> 00:15:51,733 in Milan, specializing in business and economics 223 00:15:51,863 --> 00:15:54,779 but he did not graduate. 224 00:15:54,910 --> 00:15:57,130 If you're a university graduate in Italy, 225 00:15:57,260 --> 00:15:58,958 you get to call yourself dottore. 226 00:15:59,088 --> 00:16:01,438 But if you haven't graduated, you're 227 00:16:01,569 --> 00:16:04,964 ragioniere, which is not an accountant, but a step below 228 00:16:05,094 --> 00:16:06,574 that. 229 00:16:06,704 --> 00:16:09,751 After serving honorably in World War II, 230 00:16:09,881 --> 00:16:12,623 Calvi meets and falls in love with the beautiful Clara 231 00:16:12,754 --> 00:16:14,451 Canetti. 232 00:16:14,582 --> 00:16:18,238 He takes a job at his father's bank for a short time. 233 00:16:18,368 --> 00:16:23,243 There, he realizes his facility for numbers. 234 00:16:23,373 --> 00:16:27,769 Young Calvi can literally see power in numbers. 235 00:16:27,899 --> 00:16:30,250 It is a universe of vast secrets hidden 236 00:16:30,380 --> 00:16:32,600 inside endless combinations. 237 00:16:32,730 --> 00:16:34,906 Everything is math. 238 00:16:35,037 --> 00:16:38,693 Business, capitalism, power. 239 00:16:38,823 --> 00:16:40,695 You need only to grasp the combinations 240 00:16:40,825 --> 00:16:43,698 and then perhaps most importantly, 241 00:16:43,828 --> 00:16:46,396 keep them to yourself. 242 00:16:46,527 --> 00:16:48,355 Secrets are power. 243 00:16:48,485 --> 00:16:50,313 He sees this more clearly than anything. 244 00:16:56,058 --> 00:16:59,235 He finds the elite banks of Milan intimidating. 245 00:16:59,366 --> 00:17:02,325 Then comes an opening at the small but respected 246 00:17:02,456 --> 00:17:05,762 Banco Ambrosiano, the chief Catholic bank 247 00:17:05,894 --> 00:17:11,551 of Milan known as the Bank of Priests. 248 00:17:11,682 --> 00:17:17,732 Most of the coworkers really disliked him. 249 00:17:17,862 --> 00:17:21,387 Around the same time, Roberto Rosone starts working there. 250 00:17:21,518 --> 00:17:25,087 He later becomes a key figure with Calvi. 251 00:17:25,218 --> 00:17:28,134 Rosone, he found Calvi infuriating 252 00:17:28,263 --> 00:17:33,313 to speak to because he wouldn't look you the eye very socially 253 00:17:33,443 --> 00:17:34,618 inept. 254 00:17:34,749 --> 00:17:36,968 Diplomacy is part of the business 255 00:17:37,099 --> 00:17:38,622 and that didn't come to him. 256 00:17:38,753 --> 00:17:41,538 So naturally, it could be that it influenced 257 00:17:41,669 --> 00:17:46,021 him to operate in the shadows and also of his rather 258 00:17:46,152 --> 00:17:51,244 conspiratorial bent of mind. 259 00:17:51,374 --> 00:17:55,204 He had a secretary, Graziella Corrocher. 260 00:17:55,335 --> 00:17:58,120 With Graziella by his side, Calvi 261 00:17:58,251 --> 00:18:02,690 begins his rise through the ranks of Banco Ambrosiano. 262 00:18:02,820 --> 00:18:04,518 They're the number one Catholic bank in Italy 263 00:18:04,648 --> 00:18:05,606 except, they have one rival. 264 00:18:05,736 --> 00:18:10,828 [music playing] 265 00:18:10,959 --> 00:18:13,657 A bank in the Venice area. 266 00:18:13,788 --> 00:18:15,659 It's not arrival in terms of size, 267 00:18:15,790 --> 00:18:18,619 but Banca Cattolica has something Ambrosiano doesn't. 268 00:18:18,749 --> 00:18:22,797 It has a status and at least status even inside Catholicism. 269 00:18:22,927 --> 00:18:28,759 So it has a snobbery value that Ambrosiano doesn't have. 270 00:18:28,890 --> 00:18:30,631 That's something that Calvi always remembers. 271 00:18:30,761 --> 00:18:33,242 He likes where he's at, at Ambrosiano, 272 00:18:33,373 --> 00:18:36,854 but one day, far on the horizon, he looks at Banca Cattolica 273 00:18:36,985 --> 00:18:39,770 and thinks, huh, maybe one day I can do something with that bank 274 00:18:39,901 --> 00:18:40,554 too. 275 00:18:40,684 --> 00:18:42,686 [music playing] 276 00:18:42,817 --> 00:18:47,343 Though Rosone saw in Calvi, a lust for power. 277 00:18:47,474 --> 00:18:50,259 He said at one point that he has no mistress other than power. 278 00:18:50,390 --> 00:18:52,261 [music playing] 279 00:18:56,135 --> 00:18:59,268 A year after they marry, Roberto and Clara 280 00:18:59,399 --> 00:19:01,879 welcomed their first born, Carlo. 281 00:19:02,010 --> 00:19:04,882 His sister Anna arrives soon after. 282 00:19:05,013 --> 00:19:08,016 The family was doing well. 283 00:19:08,147 --> 00:19:12,063 They had a vacation home in the country. 284 00:19:12,194 --> 00:19:13,761 Calvi is having the kind of success 285 00:19:13,891 --> 00:19:16,633 his father could only envy as he rides 286 00:19:16,764 --> 00:19:19,288 on the wings of Italy's economic miracle. 287 00:19:19,419 --> 00:19:22,552 [music playing] 288 00:19:26,382 --> 00:19:31,735 In the 1950s, there's a beginning of this boom period. 289 00:19:31,866 --> 00:19:36,436 It was a turning point in Italian history. 290 00:19:36,566 --> 00:19:42,311 Before World War II, Italy was a rural agrarian country. 291 00:19:42,442 --> 00:19:44,922 Italy goes from being a relatively poor country 292 00:19:45,053 --> 00:19:47,055 into being a quite prosperous one. 293 00:19:47,186 --> 00:19:49,797 And now, it's an industrial power. 294 00:19:49,927 --> 00:19:53,235 [music playing] 295 00:19:54,976 --> 00:19:59,633 Factories were grinding out cars and home appliances. 296 00:19:59,763 --> 00:20:02,026 Hundreds of thousands of people are going to university. 297 00:20:02,157 --> 00:20:04,681 The economy took off. 298 00:20:04,812 --> 00:20:08,859 Italy has regained its place in the New World Order. 299 00:20:08,990 --> 00:20:12,559 Lifestyle, culture changed dramatically. 300 00:20:15,953 --> 00:20:22,960 It was the time of the vespa, the time of the Cinquecento. 301 00:20:23,091 --> 00:20:25,354 It became a rich country. 302 00:20:28,662 --> 00:20:32,492 It helped propel him further on his rise. 303 00:20:32,622 --> 00:20:36,713 But for a large institution like Banco Ambrosiano, 304 00:20:36,844 --> 00:20:39,586 you needed something more to get to the highest level. 305 00:20:39,716 --> 00:20:43,024 You needed outside support for political support 306 00:20:43,154 --> 00:20:43,938 or economic support. 307 00:20:48,986 --> 00:20:55,166 Calvi didn't have political protectors so he felt isolated. 308 00:20:55,297 --> 00:20:57,604 He had to make the contacts to be able to do business 309 00:20:57,734 --> 00:21:00,171 on a much grander scale. 310 00:21:00,302 --> 00:21:04,611 The real game is going on behind the scenes. 311 00:21:04,741 --> 00:21:07,788 In the years that follow, Calvi's ambition 312 00:21:07,918 --> 00:21:10,138 would lead him to some of Italy's most nefarious 313 00:21:10,269 --> 00:21:11,270 characters. 314 00:21:29,853 --> 00:21:33,944 Calvi's most crucial connections to the Vatican, the Mafia, 315 00:21:34,075 --> 00:21:39,472 and the secret Masonic lodge P2, came through one man. 316 00:21:39,602 --> 00:21:42,605 Calvi went over to the dark side influenced 317 00:21:42,736 --> 00:21:46,348 by Michele Sindona, the great expert of how 318 00:21:46,479 --> 00:21:48,655 to work your way around the rules 319 00:21:48,785 --> 00:21:51,745 and maximize your profits. 320 00:21:51,875 --> 00:21:54,835 Sindona was a much more dangerous and insidious 321 00:21:54,965 --> 00:21:56,140 character than Calvi. 322 00:22:02,712 --> 00:22:06,063 [music playing] 323 00:22:10,720 --> 00:22:15,769 Sindona was a very wealthy and powerful banker. 324 00:22:15,899 --> 00:22:18,685 He was this charismatic guy, financial genius, 325 00:22:18,815 --> 00:22:20,034 he was well connected. 326 00:22:37,747 --> 00:22:39,706 [music playing] 327 00:22:46,930 --> 00:22:49,846 Born in 1920, Calvi and Sindona a month apart, 328 00:22:49,977 --> 00:22:52,762 very different backgrounds. 329 00:22:52,893 --> 00:22:55,809 Sindona was born into a dirt poor family. 330 00:22:55,939 --> 00:22:58,464 It's the type of family you never 331 00:22:58,594 --> 00:23:00,857 become a major banker in Milan. 332 00:23:00,988 --> 00:23:03,817 [music playing] 333 00:23:03,947 --> 00:23:06,733 The South is looked down on, Sicily is looked down on, 334 00:23:06,863 --> 00:23:08,169 and it stigmatizes you. 335 00:23:08,299 --> 00:23:10,519 And put you into a corner. 336 00:23:10,650 --> 00:23:13,522 And in Northern Italy, they look down on Southern Italians, 337 00:23:13,653 --> 00:23:16,873 they are the richer, better, more elitist, better educated 338 00:23:17,004 --> 00:23:19,354 part of Italy. 339 00:23:19,485 --> 00:23:22,183 But Sindona clearly had a view of himself. 340 00:23:22,313 --> 00:23:24,620 Bigger than what it was. 341 00:23:24,751 --> 00:23:29,146 He went to work for the Sicilian Tax Department. 342 00:23:29,277 --> 00:23:32,715 It taught Sindona what the official tax law is, 343 00:23:32,846 --> 00:23:34,630 so he would know how to evade it himself. 344 00:23:43,813 --> 00:23:46,425 He should have been a lifelong state worker, 345 00:23:46,555 --> 00:23:48,557 but he could think big enough and dream big enough 346 00:23:48,688 --> 00:23:50,211 to go up North and think that he was going 347 00:23:50,341 --> 00:23:52,039 to be a kingpin in financing. 348 00:23:52,169 --> 00:23:55,172 [music playing] 349 00:24:04,268 --> 00:24:08,969 He arrived in Milan having practiced elocution 350 00:24:09,099 --> 00:24:13,408 for nearly a year beforehand to lose his Sicilian accent. 351 00:24:13,539 --> 00:24:15,192 He was very different than Calvi. 352 00:24:15,323 --> 00:24:17,238 He was animated, persuasive. 353 00:24:17,368 --> 00:24:19,588 People liked him, he had a magnetic personality. 354 00:24:31,470 --> 00:24:35,996 Montini is a rising star in the Italian church. 355 00:24:36,126 --> 00:24:38,520 There was a natural synergy between people 356 00:24:38,651 --> 00:24:41,305 running businesses and people running the church. 357 00:24:41,436 --> 00:24:44,047 They had one enemy in mind. 358 00:24:44,178 --> 00:24:46,049 And it was the Soviet Union. 359 00:24:49,096 --> 00:24:51,577 Nations of the West trying to maintain their freedom 360 00:24:51,707 --> 00:24:54,710 are menaced by conditions like these. 361 00:24:54,841 --> 00:24:57,887 The threat of wild turmoil and chaos. 362 00:24:58,018 --> 00:25:02,152 After the Second World War, you have two main power blocs 363 00:25:02,283 --> 00:25:05,025 in Italy, you have the Catholic Christian Democrats 364 00:25:05,155 --> 00:25:07,244 and you have the Communists. 365 00:25:07,375 --> 00:25:12,511 And communism is the deadly enemy for the church. 366 00:25:12,641 --> 00:25:14,991 Along with the US government, they 367 00:25:15,122 --> 00:25:18,212 had one vision in mind, one focus in mind, 368 00:25:18,342 --> 00:25:20,606 to stop the Communist Party. 369 00:25:20,736 --> 00:25:22,129 Freedom everywhere. 370 00:25:22,259 --> 00:25:25,001 Our freedom is in jeopardy. 371 00:25:25,132 --> 00:25:27,438 So if you had communists in it, you're 372 00:25:27,569 --> 00:25:29,223 the enemy the United States. 373 00:25:29,353 --> 00:25:32,966 It could be communist ice cream and they'd be against it. 374 00:25:33,096 --> 00:25:37,231 The problem was, Italy had the biggest Communist Party West 375 00:25:37,361 --> 00:25:40,190 of the Balkans. 376 00:25:40,321 --> 00:25:42,715 Italy stands at the crossroads of history. 377 00:25:42,845 --> 00:25:45,108 They were very worried about the prospect 378 00:25:45,239 --> 00:25:47,763 of communists coming to power. 379 00:25:47,894 --> 00:25:53,377 In the 1948 parliamentary elections of post-war Italy, 380 00:25:53,508 --> 00:25:55,554 the fear was that they could win. 381 00:26:03,170 --> 00:26:06,434 [music playing] 382 00:26:07,870 --> 00:26:09,176 It is the culmination of a bitter battle 383 00:26:09,306 --> 00:26:15,008 in which both Western powers and Russia exerts strong pressure. 384 00:26:15,138 --> 00:26:20,448 The US Department of State launched an all-out campaign 385 00:26:20,579 --> 00:26:24,234 which included propaganda, psychological warfare, 386 00:26:24,365 --> 00:26:27,542 and covert operations. 387 00:26:27,673 --> 00:26:30,023 Catholic Church, the strategy was 388 00:26:30,153 --> 00:26:32,373 if you vote for the communists, you will go to hell. 389 00:26:32,503 --> 00:26:34,897 The pronouncements of the Pope draw the battle lines 390 00:26:35,028 --> 00:26:37,813 between the communists and the church. 391 00:26:37,944 --> 00:26:39,641 A lot of people will hear that message 392 00:26:39,772 --> 00:26:41,600 and it will influence the way they vote. 393 00:26:46,343 --> 00:26:50,565 In the Red Scare, Sindona sees opportunity. 394 00:26:50,696 --> 00:26:52,698 He's called to a meeting with Montini, 395 00:26:52,828 --> 00:26:56,005 the powerful Archbishop of Milan. 396 00:26:56,136 --> 00:27:00,967 It is a relationship that will change Sindona's life. 397 00:27:01,097 --> 00:27:04,623 Montini understands that the reason that the Communist 398 00:27:04,753 --> 00:27:07,060 Party has been so successful in Milan 399 00:27:07,190 --> 00:27:09,889 is because it's reaching the ears of the working 400 00:27:10,019 --> 00:27:12,282 class in the factories and in the unions of Milan. 401 00:27:30,257 --> 00:27:33,521 [music playing] 402 00:27:35,741 --> 00:27:38,178 This is where Sindona comes up and becomes 403 00:27:38,308 --> 00:27:40,310 a real friend of Montini. 404 00:27:40,441 --> 00:27:43,836 He represents some of the unions themselves. 405 00:27:47,578 --> 00:27:50,190 He has people own the mills as his clients as a lawyer. 406 00:27:55,325 --> 00:27:57,806 [music playing] 407 00:27:57,937 --> 00:28:00,200 He gets Montini inside those factories. 408 00:28:00,330 --> 00:28:02,985 Montini is able to make the pitch that he wants to. 409 00:28:03,116 --> 00:28:05,640 [applause] 410 00:28:05,771 --> 00:28:08,730 The Christian Democrats hold on to power 411 00:28:08,861 --> 00:28:12,125 while this gets Sindona in the door with Montini. 412 00:28:12,255 --> 00:28:15,998 It is another act that solidifies their relationship. 413 00:28:16,129 --> 00:28:17,870 He goes to Sindona and he says, you know what? 414 00:28:18,000 --> 00:28:19,785 We're thinking of building this retirement home. 415 00:28:19,915 --> 00:28:22,178 We need a couple of million for it. 416 00:28:22,309 --> 00:28:24,050 Sindona says, let me see what I can do. 417 00:28:24,180 --> 00:28:26,748 Comes back the next day, I've got your $2 million, 418 00:28:26,879 --> 00:28:28,924 you don't have to go anywhere else. 419 00:28:29,055 --> 00:28:31,231 Clearly that would consolidate a friendship 420 00:28:31,361 --> 00:28:37,628 and create the idea that Sindona was a man to be trusted. 421 00:28:37,759 --> 00:28:41,458 The source of Sindona's financing is not known. 422 00:28:41,589 --> 00:28:43,939 Was it the Mafia? 423 00:28:44,070 --> 00:28:46,072 The CIA? 424 00:28:46,202 --> 00:28:48,639 It could have been either of them or both of them. 425 00:28:48,770 --> 00:28:51,425 [music playing] 426 00:28:51,555 --> 00:28:55,342 The CIA seeks out people in important positions 427 00:28:55,472 --> 00:28:58,171 that can benefit them. 428 00:28:58,301 --> 00:29:01,783 They see a prominent banker who's flexible. 429 00:29:01,914 --> 00:29:04,307 Montini has heard rumors that Sindona 430 00:29:04,438 --> 00:29:07,441 has ties to the Sicilian Mafia. 431 00:29:07,571 --> 00:29:09,748 But are they only rumors? 432 00:29:09,878 --> 00:29:11,401 The Catholic Church was notorious 433 00:29:11,532 --> 00:29:13,403 for saying that the mafia didn't exist. 434 00:29:13,534 --> 00:29:16,102 [music playing] 435 00:29:17,756 --> 00:29:21,847 1960, Sindona buys his first of two Italian banks. 436 00:29:33,554 --> 00:29:35,251 He is living Roberto Calvi's dream. 437 00:29:35,382 --> 00:29:38,602 [music playing] 438 00:29:38,733 --> 00:29:42,389 And then, a twist of fate propels Sindona even higher. 439 00:29:50,658 --> 00:29:55,489 Montini selected Pope as Pope Paul VI. 440 00:29:55,619 --> 00:29:57,534 Which for Sindona, is like hitting the lottery. 441 00:29:57,665 --> 00:30:00,929 [music playing] 442 00:30:10,460 --> 00:30:13,028 Sindona managed to become a sort of financial advisor 443 00:30:13,159 --> 00:30:13,550 to the Vatican. 444 00:30:13,681 --> 00:30:16,989 [music playing] 445 00:30:19,252 --> 00:30:24,126 Cardinals in the church, they're incredibly poorly equipped 446 00:30:24,257 --> 00:30:26,868 in terms of managing the church's money. 447 00:30:26,999 --> 00:30:29,784 They have to rely on people outside of the church 448 00:30:29,915 --> 00:30:30,785 to help them do that. 449 00:30:30,916 --> 00:30:32,831 [music playing] 450 00:30:32,961 --> 00:30:36,747 And of course, who is going to be drawn to helping 451 00:30:36,878 --> 00:30:38,880 you manage this kind of money. 452 00:30:39,011 --> 00:30:40,316 Some pretty shady characters. 453 00:30:40,447 --> 00:30:45,017 And so you've got just like a recipe for disaster. 454 00:30:45,147 --> 00:30:48,847 Sindona made money from his Vatican relationship. 455 00:30:48,977 --> 00:30:50,544 Bending the rules is what the bank is all about. 456 00:30:50,674 --> 00:30:53,895 [music playing] 457 00:30:56,506 --> 00:30:59,466 The Vatican Bank, it was founded in the middle of World War II 458 00:30:59,596 --> 00:31:02,773 so that it could get the Vatican off of the British and American 459 00:31:02,904 --> 00:31:04,427 watch list and place the Vatican, 460 00:31:04,558 --> 00:31:08,518 which was a neutral country, on the blacklist. 461 00:31:08,649 --> 00:31:11,043 So they ended up forming a bank that operated 462 00:31:11,173 --> 00:31:12,348 inside a sovereign country. 463 00:31:12,479 --> 00:31:15,221 [music playing] 464 00:31:15,351 --> 00:31:19,703 I.O.R. stands for, in Italian, the Institute 465 00:31:19,834 --> 00:31:22,576 of Religious Works. 466 00:31:22,706 --> 00:31:25,535 It's nicknamed the Vatican Bank. 467 00:31:25,666 --> 00:31:28,060 All its transactions were off the radar 468 00:31:28,190 --> 00:31:30,453 for British and American banking officials. 469 00:31:30,584 --> 00:31:33,543 It allowed the Vatican to invest in German and Italian insurance 470 00:31:33,674 --> 00:31:37,069 companies who were cheating the life insurance policies of Jews 471 00:31:37,199 --> 00:31:41,595 sent to the death camps and the bank made outsized profits. 472 00:31:41,725 --> 00:31:43,684 And when the war ended, the Vatican 473 00:31:43,814 --> 00:31:45,642 said oh, we're a neutral. 474 00:31:45,773 --> 00:31:49,385 We didn't invest anything in the Germans and Italians. 475 00:31:49,516 --> 00:31:51,910 And nobody could tell that they were lying because it was 476 00:31:52,040 --> 00:31:53,433 hidden inside the Vatican Bank. 477 00:31:53,563 --> 00:31:56,001 So bending the rules is part of the DNA of the bank. 478 00:31:59,134 --> 00:32:05,271 Sindona would be seen as the go-to man for Catholic finance. 479 00:32:05,401 --> 00:32:08,752 The man with the Vatican contacts, the friendships, 480 00:32:08,883 --> 00:32:12,060 and the financial know how. 481 00:32:12,191 --> 00:32:16,151 Calvi sees this and admires Sindona. 482 00:32:16,282 --> 00:32:17,283 He wants to be Sindona. 483 00:32:17,413 --> 00:32:20,547 [music playing] 484 00:32:24,812 --> 00:32:30,731 By 1965, Calvi has achieved the role of a manager. 485 00:32:30,861 --> 00:32:32,951 He was now a little bit ahead of what his father had 486 00:32:33,081 --> 00:32:36,302 achieved in his entire career. 487 00:32:36,432 --> 00:32:40,393 But just then, Italy's high flying days hit turbulence. 488 00:32:44,701 --> 00:32:48,749 The boom years don't lead to unending growth. 489 00:32:48,879 --> 00:32:53,319 Young people after 1968, the student revolts 490 00:32:53,449 --> 00:32:55,625 become increasingly violent. 491 00:32:55,756 --> 00:32:58,454 3,000 left wing university students battle with police. 492 00:33:21,782 --> 00:33:25,481 A left wing newspaper calls the Vatican, the biggest tax 493 00:33:25,612 --> 00:33:27,527 evader in post-war Italy. 494 00:33:27,657 --> 00:33:32,053 One source claims the Vatican owes as much as $720 million 495 00:33:32,184 --> 00:33:33,359 in unpaid taxes. 496 00:33:41,410 --> 00:33:43,195 A Communist government could come to power 497 00:33:43,325 --> 00:33:45,458 and put all those holdings at risk. 498 00:33:45,588 --> 00:33:48,809 [music playing] 499 00:33:48,939 --> 00:33:51,464 Income Sindona, the financial magician with the solution. 500 00:33:51,594 --> 00:33:54,206 [music playing] 501 00:33:54,336 --> 00:33:56,251 He says to them, there's only one way. 502 00:33:56,382 --> 00:33:58,558 You want to avoid, you want to get out of this debate, 503 00:33:58,688 --> 00:34:00,690 you come into investments that I will put you in outside 504 00:34:00,821 --> 00:34:01,909 of Italy in many cases. 505 00:34:02,040 --> 00:34:04,216 We hide them under offshore corporations, 506 00:34:04,346 --> 00:34:06,131 the government can't have any look at it, 507 00:34:06,261 --> 00:34:08,916 you'll make just as much money or more. 508 00:34:09,047 --> 00:34:11,571 The Pope likes that idea. 509 00:34:11,701 --> 00:34:15,183 As the world's largest charity, the Pope's organization 510 00:34:15,313 --> 00:34:19,492 supports 250,000 priests, a million nuns, 511 00:34:19,621 --> 00:34:23,844 5 million employees, 20 million children in parochial schools, 512 00:34:23,974 --> 00:34:26,150 and 600 million followers. 513 00:34:26,281 --> 00:34:29,371 It is always in need of income. 514 00:34:29,502 --> 00:34:34,594 As a result, they were ripe for exploitation. 515 00:34:34,724 --> 00:34:37,858 The Holy Father gives Sindona complete control 516 00:34:37,987 --> 00:34:41,427 over the Vatican's billions. 517 00:34:41,556 --> 00:34:46,214 Sindona becomes the leading banker of the Roman Curia, 518 00:34:46,344 --> 00:34:50,610 a big day for a kid born dirt poor in Sicily. 519 00:34:50,739 --> 00:34:54,266 [music playing] 520 00:34:58,792 --> 00:35:03,362 It's hard to overestimate the importance of the Vatican 521 00:35:03,492 --> 00:35:05,625 Bank being in a separate jurisdiction 522 00:35:05,755 --> 00:35:08,454 in the middle of Rome. 523 00:35:08,584 --> 00:35:10,369 Because as far as Sindona is concerned, 524 00:35:10,499 --> 00:35:13,241 it's the equivalent of operating an offshore bank 525 00:35:13,372 --> 00:35:14,721 in the heart of Rome. 526 00:35:14,851 --> 00:35:17,637 The government can't have any look at it for Sindona, 527 00:35:17,767 --> 00:35:20,553 that's indispensably helpful. 528 00:35:20,683 --> 00:35:22,337 People from Italy and other countries 529 00:35:22,468 --> 00:35:23,730 put their money into the Vatican Bank 530 00:35:23,860 --> 00:35:26,515 so that they could hide it. 531 00:35:26,646 --> 00:35:29,997 Now the Vatican bank was giving it to Sindona 532 00:35:30,128 --> 00:35:33,435 so he could hide their money. 533 00:35:33,566 --> 00:35:36,046 Calvi would see him as a model for his own career 534 00:35:36,177 --> 00:35:39,006 that he could gain valuable tips on how 535 00:35:39,137 --> 00:35:42,444 to be successful in that world of Catholic finance. 536 00:35:45,795 --> 00:35:50,626 He met Sindona in the late 1960s at a time when he had almost 537 00:35:50,757 --> 00:35:52,150 reached the top of the bank. 538 00:35:55,631 --> 00:35:58,068 Sindona had the knowledge about the places 539 00:35:58,199 --> 00:36:00,636 to set up offshore companies. 540 00:36:22,528 --> 00:36:24,660 He knew that the real way to do what 541 00:36:24,791 --> 00:36:27,097 they call back-to-back companies, in which you're 542 00:36:27,228 --> 00:36:28,925 reporting results of different companies 543 00:36:29,056 --> 00:36:31,624 to make them look more inflated, you're borrowing more money 544 00:36:31,754 --> 00:36:32,407 against them. 545 00:36:32,538 --> 00:36:34,192 It's almost a Ponzi scheme. 546 00:36:34,322 --> 00:36:38,021 He wants to see everything bagel, which turns out 547 00:36:38,152 --> 00:36:39,806 to be-- all of the offshore banks 548 00:36:39,936 --> 00:36:42,112 in the Caribbean turns out to be Panama. 549 00:36:42,243 --> 00:36:45,028 All the European offshore banks at his height. 550 00:36:45,159 --> 00:36:47,770 Sindona is running about a billion dollars 551 00:36:47,901 --> 00:36:51,296 through nearly 80 to 85 different banks all outside 552 00:36:51,426 --> 00:36:53,602 of Italy in tax havens in which you can't 553 00:36:53,733 --> 00:36:55,082 get any information about them. 554 00:37:00,957 --> 00:37:06,006 They established banks in Peru, Panama, the Bahamas. 555 00:37:18,627 --> 00:37:22,022 Of course, Calvi too has heard the rumors of Sindona's ties 556 00:37:22,152 --> 00:37:24,067 to Cosa Nostra. 557 00:37:24,198 --> 00:37:26,113 Everyone has. 558 00:37:26,244 --> 00:37:28,681 There were certainly plenty of stories about Sindona 559 00:37:28,811 --> 00:37:31,074 being part of the Mafia, having gotten his start there 560 00:37:31,205 --> 00:37:33,512 after the war with Vito Genovese, 561 00:37:33,642 --> 00:37:35,383 having opened up the produce market for him. 562 00:37:35,514 --> 00:37:37,516 And then he owed them forever. 563 00:37:37,646 --> 00:37:40,562 An ABC stringer said that in 1957, he'd 564 00:37:40,693 --> 00:37:43,957 been in a summit meeting of Mafia captains 565 00:37:44,087 --> 00:37:48,657 at the Hotel De Palmes in Palermo. 566 00:37:48,788 --> 00:37:50,920 These stories were part of Sindona's legend 567 00:37:51,051 --> 00:37:53,445 when he was alive. 568 00:37:53,575 --> 00:37:56,622 Of course, these are just stories. 569 00:37:56,752 --> 00:38:00,669 The Mafia is a force to be reckoned with in Sicily. 570 00:38:00,800 --> 00:38:03,193 The Mafia in Southern Italy and Sicily 571 00:38:03,324 --> 00:38:08,808 has exercised enormous influence over the entire society. 572 00:38:08,938 --> 00:38:13,291 If you're a young ambitious man, then perhaps, you will say, 573 00:38:13,421 --> 00:38:16,250 what do I need to get on in life? 574 00:38:16,381 --> 00:38:18,905 And he would have said, well, what I 575 00:38:19,035 --> 00:38:22,691 need is some powerful friends. 576 00:38:22,822 --> 00:38:25,825 People who would give me support to help me on my way out. 577 00:38:25,955 --> 00:38:29,045 Those people would have certainly included in Sicily. 578 00:38:29,176 --> 00:38:31,004 People of the Mafia. 579 00:38:31,134 --> 00:38:34,616 Quite simply that. 580 00:38:34,747 --> 00:38:38,838 Sindona was surrounded by people of Cosa Nostra. 581 00:38:45,061 --> 00:38:48,935 Part of Sindona's business model was laundering heroin money. 582 00:38:49,065 --> 00:38:51,372 Heroin, it's been alleged that nearly 2/3 583 00:38:51,503 --> 00:38:53,331 of the heroin consumed in the United States 584 00:38:53,461 --> 00:38:56,595 has been processed by Mafia middlemen in Sicily. 585 00:38:56,725 --> 00:38:59,467 These men were smuggling it on commercial jets to New York. 586 00:38:59,598 --> 00:39:01,861 The recipients say Italian police 587 00:39:01,991 --> 00:39:04,864 were American relatives controlling the Mafia's drug 588 00:39:04,994 --> 00:39:05,908 trade in the US. 589 00:39:06,039 --> 00:39:09,085 [music playing] 590 00:39:42,815 --> 00:39:45,252 Money from extortion, to sex trafficking, 591 00:39:45,383 --> 00:39:47,646 human trafficking, drugs. 592 00:39:47,776 --> 00:39:50,736 That money was dirty, it was criminal. 593 00:39:50,866 --> 00:39:53,913 For him, it was still the same right color, it was green, 594 00:39:54,043 --> 00:39:58,483 he took it, and he would wash it through the system for them. 595 00:39:58,613 --> 00:40:00,963 While Calvi knows that Sindona is investing money 596 00:40:01,094 --> 00:40:04,445 from the Vatican, he has no idea how in deep 597 00:40:04,576 --> 00:40:05,664 he actually is with the Mafia. 598 00:40:05,794 --> 00:40:07,927 [music playing] 599 00:40:08,057 --> 00:40:11,278 Or does he? 600 00:40:11,409 --> 00:40:16,370 Together, they both invested Cosa Nostra's money 601 00:40:16,501 --> 00:40:26,815 into the Sindona's banks, Calvi's banks, and the Vatican. 602 00:40:26,946 --> 00:40:29,339 Their point of contact with Cosa Nostra 603 00:40:29,470 --> 00:40:33,953 is Giuseppe "Pippo" Calo known as cassiere de Cosa 604 00:40:34,083 --> 00:40:38,523 Nostra or the Mafia's cashier. 605 00:40:38,653 --> 00:40:42,004 Five years spent in prison with two prominent mob bosses 606 00:40:42,135 --> 00:40:44,572 lifts him to the top levels of the Mafia. 607 00:40:48,533 --> 00:40:52,101 Two years after the second inquest into Calvi's death, 608 00:40:52,232 --> 00:40:55,496 a breakthrough in the case comes when Mafia Informant Mutolo 609 00:40:55,627 --> 00:40:57,759 drops an accusation in his testimony 610 00:40:57,890 --> 00:40:59,544 to the Italian authorities. 611 00:41:18,432 --> 00:41:27,267 Pippo Calo was a link between Mafia business and white collar 612 00:41:27,397 --> 00:41:27,746 crime. 613 00:41:30,966 --> 00:41:35,536 He is the first person charged in the murder of Roberto Calvi. 614 00:41:35,667 --> 00:41:38,713 But is the tip they received true? 615 00:41:38,844 --> 00:41:43,065 And if Calo did order the hit on Calvi, to what end? 616 00:41:43,196 --> 00:41:44,676 And was the Mafia acting alone? 617 00:41:44,806 --> 00:41:47,809 [music playing] 618 00:41:57,427 --> 00:42:00,039 Six years later, Calvi's wife Clara 619 00:42:00,169 --> 00:42:04,173 is frustrated that the case still awaits trial. 620 00:42:04,304 --> 00:42:08,264 In Italy, it's this constant frustration that nobody ever 621 00:42:08,395 --> 00:42:10,571 gets to the bottom of things, nobody ever 622 00:42:10,702 --> 00:42:12,965 finds out what really happened, what the true causes. 623 00:42:13,095 --> 00:42:16,490 [music playing] 624 00:42:18,666 --> 00:42:20,276 Clara Calvi is looking for something 625 00:42:20,407 --> 00:42:22,888 that will stick to move her husband's death forward and get 626 00:42:23,018 --> 00:42:26,761 it closer to the conclusion that she believes is murder. 627 00:42:26,892 --> 00:42:29,808 To be frank about it, it would have been done. 628 00:42:29,938 --> 00:42:32,637 The suicide would have been recorded and gone away 629 00:42:32,767 --> 00:42:36,205 if the family did not hire an investigative agency 630 00:42:36,336 --> 00:42:41,297 Kroll run by former FBI agents to investigate. 631 00:42:41,428 --> 00:42:45,954 In 1992, I was approached by Jeff Katz of Kroll Associates 632 00:42:46,085 --> 00:42:48,000 to see if I could help. 633 00:42:48,130 --> 00:42:52,091 Jeff wanted me to look at the forensic science aspect. 634 00:42:52,221 --> 00:42:56,748 As I started to get into it, I thought, my goodness, 635 00:42:56,878 --> 00:42:58,140 what have I bitten off here? 636 00:42:58,271 --> 00:42:59,664 It's a bit more than-- 637 00:42:59,794 --> 00:43:02,928 maybe I can chew. 638 00:43:03,058 --> 00:43:07,280 The question of who killed Calvi is who didn't kill Calvi. 639 00:43:07,410 --> 00:43:10,065 It's a long list. 640 00:43:10,196 --> 00:43:12,677 Sometimes I've called it a three-ring circus 641 00:43:12,807 --> 00:43:15,375 but maybe it was a five-ring circus. 642 00:43:15,505 --> 00:43:18,030 By the end of it, this man had so many enemies. 643 00:43:18,160 --> 00:43:22,600 [music playing] 48659

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