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Roberto Calvi was one of the
most powerful figures in Italy.
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00:00:08,878 --> 00:00:12,186
When his corpse was
found, it was shocking.
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00:00:12,316 --> 00:00:15,667
The question of who killed
Calvi is who didn't kill Calvi.
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00:00:15,798 --> 00:00:16,277
[music playing]
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00:00:16,407 --> 00:00:18,496
It was a huge story.
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00:00:18,627 --> 00:00:21,586
God's banker found hanging
underneath Blackfriars Bridge.
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00:00:21,717 --> 00:00:24,067
It was just such an
extraordinary case.
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00:00:24,198 --> 00:00:26,852
It touched the top of Italy.
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00:00:26,983 --> 00:00:29,899
It was well connected,
a secret Masonic lodge.
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00:00:30,030 --> 00:00:31,770
The Vatican and the Mafia.
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00:00:31,901 --> 00:00:33,511
This man had so many enemies.
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00:00:33,642 --> 00:00:36,558
I don't think I've ever done
a case quite like this one.
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00:00:36,688 --> 00:00:39,691
From the very beginning, there
was some kind of conspiracy
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00:00:39,822 --> 00:00:41,606
to keep the truth under wraps.
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00:00:41,737 --> 00:00:44,609
They hadn't investigated
the scene properly.
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00:00:44,740 --> 00:00:47,351
They simply made a mess
of the investigation.
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00:00:47,482 --> 00:00:49,919
There were still
questions to be answered.
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00:00:50,050 --> 00:00:51,225
This story had everything.
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00:00:51,355 --> 00:00:55,533
Chicanery,
skullduggery, betrayals.
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00:00:55,664 --> 00:01:00,103
It is this mixture of
people from high and low.
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00:01:03,193 --> 00:01:06,240
Criminals and
murderers in contact
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00:01:06,370 --> 00:01:09,330
with Catholic Cardinals,
the Italian ministers,
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00:01:09,460 --> 00:01:11,810
and ultimately the Pope.
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00:01:11,941 --> 00:01:14,204
There was all sorts
of speculation.
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00:01:14,335 --> 00:01:17,164
He could have been killed
by any one of these enemies.
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00:01:17,294 --> 00:01:19,862
Roberto Calvi built
a house of cards,
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but everything fell apart.
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When the whole thing blew up
and all these things came out,
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not just in Italy, but in
the international press,
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00:01:28,000 --> 00:01:29,176
it was a huge story.
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00:01:29,306 --> 00:01:32,309
[music playing]
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Tito has been Calvi's
driver for years.
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00:03:14,585 --> 00:03:17,806
Calvi arrives at the
car like clockwork.
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00:03:17,936 --> 00:03:26,684
The rhythm of his Monday
through Friday rarely changing,
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00:03:26,815 --> 00:03:28,208
except on this day.
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00:03:33,387 --> 00:03:36,259
The banker wasn't there,
Tito reported him missing.
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00:03:39,523 --> 00:03:43,397
The head of Italy's
biggest private bank
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00:03:43,527 --> 00:03:46,704
about to go bankrupt
and he's disappeared.
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00:03:51,796 --> 00:03:54,582
Calvi has been missing them
for exactly a week now.
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00:03:54,712 --> 00:03:56,584
People are looking for
him internationally
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00:03:56,714 --> 00:04:01,197
and it's a very
high profile case.
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00:04:01,328 --> 00:04:03,982
Early in the morning
in London, a man
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named Anthony Huntley, who
worked at the Daily Express
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00:04:07,682 --> 00:04:12,208
newspaper was walking across
Blackfriars Bridge on his way
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00:04:12,339 --> 00:04:13,296
to work.
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00:04:13,427 --> 00:04:15,994
He catches sight of
what appears to be
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00:04:16,125 --> 00:04:20,042
a man dangling from a rope.
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00:04:25,613 --> 00:04:29,791
This death took place
in the city of London,
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00:04:29,921 --> 00:04:32,837
which has its own separate
police force called
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00:04:32,968 --> 00:04:34,317
the City of London Police.
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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
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00:04:38,713 --> 00:04:40,497
from a length of
yellow-orange string tied
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00:04:40,628 --> 00:04:43,892
to the top horizontal
scaffolding tube.
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00:04:44,022 --> 00:04:46,590
His feet were dangling
in the water, which
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00:04:46,721 --> 00:04:48,549
was up to his ankle bones.
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00:04:48,679 --> 00:04:50,812
The City Police are
accustomed to dealing
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00:04:50,942 --> 00:04:55,773
with financial crimes, and they
very rarely deal with murders.
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00:04:55,904 --> 00:04:57,949
They're a relatively
small force.
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00:04:58,080 --> 00:05:03,346
They just work in a fairly
small geographical area.
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00:05:03,477 --> 00:05:06,218
The rest of London has
the Metropolitan Police,
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00:05:06,349 --> 00:05:09,657
which is popularly
known as Scotland Yard.
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00:05:09,787 --> 00:05:12,486
They have a great
deal of experience
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investigating murders.
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00:05:14,444 --> 00:05:17,926
The City of London
Police does not.
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00:05:18,056 --> 00:05:21,146
Dead bodies are fished out
from the Thames all the time.
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00:05:21,277 --> 00:05:24,498
Natural causes,
drowning, suicides, not
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00:05:24,628 --> 00:05:28,284
major international mysteries.
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00:05:28,415 --> 00:05:31,809
There were mistakes in the
handling of the crime scene.
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He's not photographed in situ,
another automatic precaution
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00:05:37,728 --> 00:05:39,207
in a mysterious death.
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00:05:39,339 --> 00:05:44,344
If you suspected any
foul play of any kind,
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00:05:44,474 --> 00:05:46,868
you would want to have a
full set of photographs.
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00:05:46,998 --> 00:05:48,652
And they certainly were
photographing crime scenes
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00:05:48,783 --> 00:05:51,786
in the 1980s, absolutely.
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00:05:51,916 --> 00:05:54,702
And then of course,
they untied the knot.
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00:05:54,832 --> 00:05:56,399
You wouldn't do that.
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00:05:56,530 --> 00:06:01,361
You normally cut the rope,
so you had the knot intact.
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00:06:01,491 --> 00:06:06,627
The body has taken to the boat
to a nearby pier, laid out.
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00:06:06,757 --> 00:06:08,542
The British police
are handling this
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00:06:08,672 --> 00:06:10,718
as though it's the
death of a tramp.
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00:06:10,848 --> 00:06:14,199
It was not the shining hour
of the City of London Police.
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00:06:18,813 --> 00:06:21,119
There were the five
stones or part bricks
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00:06:21,250 --> 00:06:25,428
that had been recovered from
his pockets and his trousers.
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00:06:25,559 --> 00:06:27,865
One of the bricks
has been placed
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00:06:27,996 --> 00:06:33,871
in the crotch of his trousers
on top of his genitals.
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00:06:34,002 --> 00:06:41,270
They found $15,000 worth
of various currencies.
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00:06:41,401 --> 00:06:43,881
Calvi was wearing a watch.
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00:06:44,012 --> 00:06:46,710
The City Police had
not bothered to note
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00:06:46,841 --> 00:06:49,060
what time was on the
watch when they found it.
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00:06:52,760 --> 00:06:55,502
The police identified
him from his passport
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00:06:55,632 --> 00:06:59,767
as Gian Roberto Calvini.
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00:06:59,897 --> 00:07:04,598
They had an autopsy done by
the top forensic pathologist
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00:07:04,728 --> 00:07:06,513
in the UK.
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00:07:06,643 --> 00:07:10,342
He concluded that there
were no signs of struggle.
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00:07:10,473 --> 00:07:15,435
The suggestion is that he
might have loaded himself
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00:07:15,565 --> 00:07:20,701
up with bricks intending to
drown himself in the river.
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00:07:20,831 --> 00:07:24,574
Soon after this examination,
the accurate identification
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00:07:24,705 --> 00:07:30,450
of Calvi actually
happens very rapidly.
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It's the head of
Rome special branch.
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I believe you have our banker.
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Calvini?
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Roberto Calvi.
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00:07:38,936 --> 00:07:43,158
Calvi has been missing
from Rome since the 11th.
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00:07:43,288 --> 00:07:45,377
Well, the Italian
authorities had reported
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00:07:45,508 --> 00:07:47,467
that Calvi was missing.
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00:07:47,597 --> 00:07:50,252
He was head of one of the
largest banks in Italy
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00:07:50,382 --> 00:07:54,082
and was an advisor
to the Vatican bank.
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He's also someone
who is involved
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00:07:56,737 --> 00:07:59,391
in all this shadowy
political intrigue
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00:07:59,522 --> 00:08:03,657
and a member of the
P2 Masonic Lodge.
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00:08:03,787 --> 00:08:06,007
The alternative
interpretation of the bricks
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00:08:06,137 --> 00:08:09,010
is a symbol of Freemasonry.
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00:08:09,140 --> 00:08:11,969
And he's been
executed in a way that
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00:08:12,100 --> 00:08:15,843
could happen to you if you
breach your oath of silence,
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00:08:15,973 --> 00:08:18,802
loyalty to Freemasonry.
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00:08:18,933 --> 00:08:20,978
And then he's found
under Blackfriars Bridge,
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00:08:21,109 --> 00:08:25,200
seen by many as another
reference to Freemasonry.
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00:08:25,330 --> 00:08:28,420
He's a member of this
secret underground Freemason
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00:08:28,551 --> 00:08:31,075
organization that counts some
of the most powerful people
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00:08:31,206 --> 00:08:32,816
in the country.
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00:08:32,947 --> 00:08:35,863
The City Police
weren't aware of this.
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00:08:35,993 --> 00:08:39,475
The Italian police were in
the Italian general public.
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00:08:39,606 --> 00:08:42,522
The British claim
to be indignant
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00:08:42,652 --> 00:08:45,002
that the Italians are
not sharing information
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00:08:45,133 --> 00:08:50,790
with them about the
background to his demise.
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00:08:50,921 --> 00:08:52,227
The British tabloids
were all over it.
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00:08:52,357 --> 00:08:53,924
It was a huge story.
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00:08:54,055 --> 00:08:57,667
Gods banker found hanging
underneath the bridge.
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00:08:57,798 --> 00:08:59,582
And for the British,
question now
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00:08:59,713 --> 00:09:04,979
that is to be heard,
murder or suicide?
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00:09:05,109 --> 00:09:07,155
People in Italy
assumed immediately
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00:09:07,285 --> 00:09:09,549
that he had been murdered
just because of who
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00:09:09,679 --> 00:09:13,248
he was and the
circumstances of his death.
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00:09:13,378 --> 00:09:14,728
City Police didn't
really know that he
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00:09:14,858 --> 00:09:17,687
had many, many enemies,
any one of whom
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00:09:17,818 --> 00:09:20,037
could have potentially
murdered him
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00:09:20,168 --> 00:09:21,604
or ordered him to be murdered.
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00:09:21,735 --> 00:09:24,781
[music playing]
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00:10:22,883 --> 00:10:25,146
Others who believe that
Calvi was definitely
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murdered, his own family.
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00:10:28,410 --> 00:10:30,717
His son Carlo who had
been living and working
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00:10:30,847 --> 00:10:33,894
in the United
States, his ambition
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00:10:34,024 --> 00:10:36,505
was to follow in his
father's footsteps
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00:10:36,636 --> 00:10:39,247
in banking or financial career.
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00:10:39,377 --> 00:10:42,554
With him or his mother,
Clara, and his sister,
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00:10:42,685 --> 00:10:45,079
Anna, who has left
Italy at her father's
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00:10:45,209 --> 00:10:48,909
desperate urging
only days before.
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00:10:49,039 --> 00:10:50,475
The family boards
a flight to London.
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00:10:55,785 --> 00:10:59,963
Five weeks after Calvi's death,
City of London Coroner Dr.
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00:11:00,094 --> 00:11:03,358
David Paul presides
over the inquest.
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00:11:03,488 --> 00:11:06,927
The inquest is handled
in extraordinary haste.
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00:11:07,057 --> 00:11:10,365
It's completed within one
day, not giving people
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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.
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00:11:27,382 --> 00:11:29,471
I therefore record
that the jury found
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00:11:29,601 --> 00:11:32,474
that Roberto Calvi,
a male, 62 years,
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00:11:32,604 --> 00:11:38,045
was certified dead at Waterloo
pier 18th of June, 1982.
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00:11:38,175 --> 00:11:42,571
Cause of death,
asphyxia due to hanging.
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00:11:42,702 --> 00:11:43,703
Momentous words--
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And that he killed himself.
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00:11:47,576 --> 00:11:50,187
--that will go a long way
to postponing the solution
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00:11:50,318 --> 00:11:51,580
to the Calvi riddle.
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00:11:51,711 --> 00:11:56,063
There was outrage but
there was also ridicule.
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00:11:56,193 --> 00:11:58,892
The idea of rushing
to judgment on this
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00:11:59,022 --> 00:12:05,463
supports the theory of
official desire for a cover up
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00:12:05,594 --> 00:12:09,424
to limit the damage from
what the full truth might
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00:12:09,554 --> 00:12:12,035
have revealed.
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00:12:12,166 --> 00:12:15,343
The Calvi family were
very upset at the result
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00:12:15,473 --> 00:12:17,084
of the first inquest.
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00:12:17,214 --> 00:12:22,698
They were pushing for
a different verdict.
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00:12:22,829 --> 00:12:24,874
They employed a very
high profile lawyer
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00:12:25,005 --> 00:12:26,746
to look into the case for them.
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00:12:26,876 --> 00:12:29,139
And eventually, they got a
second inquest a year later.
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00:12:34,057 --> 00:12:36,320
Signor Calvi's widow
and son maintained
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00:12:36,451 --> 00:12:36,973
that he was murdered.
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00:12:52,075 --> 00:12:53,729
There would never have
been a second inquest
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00:12:53,860 --> 00:12:55,644
if it hadn't been
for his family.
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00:13:02,172 --> 00:13:04,000
On the first day
of the new inquest,
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00:13:04,131 --> 00:13:05,959
the jury of six
men and three women
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00:13:06,089 --> 00:13:07,699
were brought to
Blackfriars Bridge
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00:13:07,830 --> 00:13:09,484
where Signor Calvi's
body was found
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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
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00:13:15,795 --> 00:13:16,491
about his state of mind.
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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
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00:13:36,598 --> 00:13:40,254
verdict and they took that
finding of open verdict and use
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00:13:40,384 --> 00:13:43,257
that as the basis then to
try to show it was murder.
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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
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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.
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00:14:36,963 --> 00:14:38,442
When he got involved
with these people,
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00:14:38,573 --> 00:14:41,881
that was the beginning
of his downfall.
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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]
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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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