Ettore Lolli

Ettore Lolli  (banker)
Born	June 23, 1908 Bologna, Emilia-Romagna, Italy
Died	2000 (Age 92)
Nationality	Italian
Alma mater	Rome University
Interests	Marshall Plan
Italian single Bilderberger (1964) banker who "brought the the Rothschilds and the Rockefellers together in a joint venture".

Ettore Lolli was Italian banker at the Banco Nazionale del Lavoro (BNL) After going in exile in the United States during World War 2 and working for the American Marshall Plan in the years after, he became "one of the most important Italian bankers". He attended the 1964 Bilderberg meeting.

Career

Lolli was in exile in the United States since 1938 and during WW2. He worked for the Americans in the years after the war, 1945-50. Lolli was the head of the Italian technical delegation which, in the years 1947-48 went to Washington to apply to become part of the Marshall Plan.

Banco Nazionale del Lavoro

After the war, the US exerted a major influence on BNL's growth. The bank managed the financial flows of ARA, which was dedicated to the liquidation of American material left in Italy after 1945. It also became an intermediary for the management of the funds of UNRAA (United Nations Relief and Rehabilitation Administration).

Starting in 1948, and thanks to its centralized organization, BNL helped manage the American assistance for Italy provided under the US Marshall Plan. In 1950, it returned to New York by opening a representative office on Wall Street. The office was directed by Ettore Lolli, an expert on the United States, where he had taken refuge in 1938. In 1951, it established a US subsidiary, The Italian Economic Corporation of New York (TIEC), to help Italian businesses in the US. TIEC also represented several large Italian companies, such as ENI, the Italian national oil company.

Lolli was longtime No. 2 man and heir apparent an the BNL. He resigned in 1966 because of disagreement between the Christian Democrats and Socialists over who would be officially tapped to run Italy's biggest financial institution once Imbriani Longo retired. The Christian Democrats favored Lolli, who had the backing of such important moneymen as Bank of Italy Governor Dr. Guido Carli and Treasury Minister Emilio Colombo. Due to the political disagreement, Lolli failed to get the top job.

Ras

Lolli became CEO of the insurance company Ras 1967-1982.

In 1970, he managed to bring the the Rothschilds and the Rockefellers together, joined in a new European mutual fund called the 3-R Fund. A quarter of the control was held by N.M. Rothschild & Sons, the London bank that represents the British branch of the family. Another 25% was held by IBEC (International Basic Economy Corp.), a publicly owned U.S. development company that is controlled by the Rockefeller family. The third R in the new fund, and owner of 50% of the stock, was the influential Italian insurance company R.A.S.

 

Event Participated in

Event	Start	End	Location(s)	Description
Bilderberg/1964	20 March 1964	22 March 1964	US Virginia Williamsburg	A year after this meeting, the post of GATT/Director-General was set up, and given Eric Wyndham White, who attended the '64 meeting. Several subsequent holders have been Bilderberg insiders, only 2 are not known to have attended the group.

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