New Italian PM, European Head of Trilateral Commission,Yale graduate, Bilderberg member & Goldman Sachs advisor
Mario Monti was born in Varese, Lombardy. He is married, and has two children. He holds a degree in economics and management from Bocconi University, Milan. He completed graduate studies at Yale University, where he studied under James Tobin, the Nobel prize-winning economist.
He taught economics at the University of Turin (1970-85) before moving to the Bocconi University, of which he has been rector (1989-1994) and then president (since 1994). His researches have conducted to the Klein-Monti model, aimed at describing the behaviour of banks operating under monopoly circumstances.
In 1994 he was appointed to the European Commission, along with fellow-Italian, Emma Bonino, by the first Silvio Berlusconi government. In his capacity as European Commissioner from 1995, he was responsible for “Internal Market, Financial Services and Financial Integration, Customs, and Taxation”.
Four years later, in 1999, Massimo D’Alema’s government confirmed his appointment to the new European Commission under the presidency of Romano Prodi. Thereafter he was responsible for “Competition”, in which capacity he initiated anti-monopoly proceedings against Microsoft. He also led the investigation into the proposed merger between General Electric and Honeywell in 2001, which the European Commission blocked.
The second Berlusconi government did not confirm him in 2004, and proposed Rocco Buttiglione in his place. Since Rocco Buttiglione was rejected by the European Parliament, the government proposed Franco Frattini.
In 2010, Monti was entrusted by president Barroso to produce a Report on the future of the Single Market proposing further measures towards the completion of the EU single market.
On 15 September 2010 Monti supported the new initiative Spinelli Group, which was founded to reinvigorate the strive for federalisation of the European Union (EU). Other prominent supporters are: Jacques Delors, Daniel Cohn-Bendit, Guy Verhofstadt, Andrew Duff, Elmar Brok.
As well as being President of the Bocconi University of Milan, Monti is the first chairman of Bruegel, a European think tank founded in 2005. He is also European Chairman of the Trilateral Commission, a neoliberal think tank founded in 1973 by David Rockefeller and member of the Bilderberg Group .
On 9 November 2011 Monti was nominated Senator for life by the Italian President Giorgio Napolitano. Mario Monti has been seen as a favourite to replace Silvio Berlusconi to lead a new unity government in Italy in order to implement reforms and austerity measures.
Monti is a keen Egyptologist, an interest he picked up during his time at Turin University. He is a patron of the Museo Egizio in Turin a museum that specialises in Egyptian archeology.
Mario Monti is President of Bocconi University and Honorary President of Bruegel, the European think tank he launched in 2005. He is also a member of the Reflection Group on the Future of Europe set up by the European Council and chaired by Felipe González.
Mr. Monti served as European Commissioner in charge of the Internal Market, Financial Services and Taxation from 1995 to 1999 and then as European Commissioner for Competition (1999-2004). In the latter position, he handled a number of well-known cases such as General Electric/Honeywell, Microsoft, and the German Landesbanken. He also introduced a radical reform of EU antitrust and merger controls and led, with the US authorities, the creation of the International Competition Network (ICN).
As EU coordinator for the France-Spain electricity interconnection, he brokered the agreement between Prime Ministers Fillon and Zapatero in June 2008. Mr. Monti was also a member of the Attali Committee on French economic growth, set up by President Sarkozy (2007-2008).
Mr. Monti is an international advisor to Goldman Sachs and a member of the advisory board of the Coca-Cola Company.
Mr. Monti graduated from Bocconi University and continued his studies at Yale University. Prior to joining the Commission, he was a professor of economics and subsequently Rector at Bocconi University, his alma mater.
tick tick tick tick..yeah hes got all the ticks..
we showed you the greek PM a few days ago..and now heres the new italian PM to be..all roads lead to the same big groups..