(cnn) -- the fraud trial has begun for calisto tanzi, the founder and former head of parmalat, in connection with allegations surrounding a financial scandal at the italian dairy giant going back several years.
October 7 - parmalat sues bank of america for $10b in damages, as it had in july 2004 against citigroup and in august 2004 against deloitte & touche and grant thornton october 19 - parmalat investors name bank of america as a defendant in an $8b class-action suit in new york. Parmalat: timeline to turmoil mr tanzi has suffered health problems since parmalat's collapse as the trial of parmalat's founder calisto tanzi starts in milan, bbc news online has this timeline of the events that led to one of europe's biggest financial scandals. Timeline parmalat scandal essays and research papers timeline parmalat scandal wk2 assignment: the enron and worldcom scandals student name acc/260 date instructors name[page break] 1.
Baf 3m1-parmalat scandal, a timeline made with timetoast's free interactive timeline making software. Parmalat is under new managment is requesting bank loans to remain operational throughout the year parmalat will regrow and rejoin the milan stock market period: feb 27, 2003 to dec 9, 2003 parmalats scandal becoming public.
Parmalat suffered large losses from television broadcasting attempt to compete with berlusconi's networks and earliest international venture, brazilian subsidiary established in 1970s tanzi & tonna increased the scope and magnitude of the fraud from increasing losses of brazilian subsidiary.
Suing over spilt milk: the parmalat scandal dubbed europe’s enron, the parmalat scandal unearthed a network of dirty deals and resulted in a series of court cases that stretched across the us and europe. Parmalat, a dairy company that is a household name in italy and is – or was – one of the country’s few international businesses, discovered that it had a €14bn ($20bn) black hole in its books. Suing over spilt milk: the parmalat scandal dubbed europe’s enron, the parmalat scandal unearthed a network of dirty deals and resulted in a series of court cases that stretched across the us and europe land of milk and money: calisto tanzi stands trial in milan in 2005.