The essay aims to deepen some aspects related to the process of industrialization in Basilicata by framing them within the strategies outlined by the controversial figure of Michele Sindona. More specifically, the study starts from the reconstruction of Sindona’s climb in America and his relations within both the financial and political system in the United States. Subsequently, the focus moves toward the study-case: the so-called Ronson affaire, which is treated in the light of the crisis that the Sicilian banker was dealing with in Italy, as well as in the U.S. at the beginning of the 1970s. Such an episode reveals interesting and largely unexplored links with the speculative movements in which Sindona and other ‘grey figures’ of the Italian financial scene at that time (like Raffaele Ursini) were involved in the Southern Italian regions, especially in Basilicata. So, the international financial strategies of Michele Sindona became functional to investigate some aspects related to the dysfunctional use of public extraordinary funds destined to the undeveloped regions in the South, putting into direct connection the international level to the local one through perilous links, ‘chemical’ in this case.
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