Saturday, May 2, 2009

Barron's on Berlusconi

If you didn't understand this piece in Barron's today, this sidebar should explain it.

Which explains, for instance, what easily could be misconstrued as the erratic, even naughty, behavior of Silvio Berlusconi, the prime minister of Italy -- behavior, we might add, that prompted his wife to write a scathing letter complaining about it to an Italian news service. More specifically, she objected, and not for the first time in a public forum, of his consorting, as the New York Times put it, "with young and chesty women."

What is wife was miffed about, was that he misses his own kids birthday parties, but he showed up to the 18 year old birthday party of lingerie model Noemi Letizia, and bought her a gold and diamond necklace.

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