Monday, September 5, 2016

Raffaele De Dominicis, the magistrate who cried in the plot of “sprid” – The Republic

Raffaele De Domincis, which takes the place of the outgoing Marcello Minenna as councilor for the Budget of the City of Rome, is a magistrate and was Attorney General of the Court of Auditors of Lazio. In the past it has also dealt with the affair Metro C.

But that is why today is remembered especially his battle against the rating agencies, against which investigated assuming maneuvers designed to grow the spread between government bonds Italian and German. Survey archived by the Court of Auditors, but that today emerges in the network for the accounting statements of the then magistrate.

In an interview in February 2014 on the Corriere della Sera de Dominicis stating inter alia that “the reading of the newspapers” was convinced that behind the uncontrollable growth of the spread (which led among other things to the fall of Berlusconi and the birth of the Monti government) “there was an attack on Italy “. Asked interviewer Lorenzo Salvia on who were the instigators, De Dominicis replied: “This we should find you. The fact remains that the rating cuts were unjustified. And it had the sole aim to lower the value of our companies, and then buy them at affordable prices. ” As reported by the interviewer, on the occasion the magistrate had shown no particular grasp of financial issues. This one of the passages of the interview they are doing more to discuss: “Look, if you sprid is falling …”. The spread, of course. “Yes, well, if it comes down to is that after we have moved the ones you are given a grip with the ground down.” downgrade. “Here, those. And then Obama has also called upon to answer them. I mean, if I had not launched my pebble in the pond would not be mica success. Do not you think?”.

in the same interview, De Dominicis finally denied having plans to engage in politics: “Kids? I would never accept.”

Since 1985, the judiciary

accounting, De Dominicis has retired in June. It has dealt with the legality of acts of preventive controls and Sace, a public company for insurance services of foreign trade, providing five reports to Parliament. E ‘author of legal publications and essays. It ‘was, among other things, aid to public law institutions at the Faculty of Economics, University “La Sapienza” of Rome.

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