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  • NAPLES, ITALY - 19 JUNE 2020: Customers of  the pawn branch of the Bank of Naples, which is owned by the financial giant Intesa Sanpaolo, wait and call names off a list organized by the customers themselves to enter the Bank and either pawn their valuables or pay interest on their paws, in Naples, Italy, on June 19th 2020.<br />
<br />
The gold and jewelry-backed loans business of Gruppo Intesa Sanpaolo, which operated the Naples pawnshop, is in the process of being acquired by Banca Sistema. A company spokeswoman said its new pawnbroker policies went up 20 percent in March and April and that it looked forward to standing at the side of Italians, protecting them from loan sharks, and getting them much needed cash.
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200619_NYT-Italy-Pawn_7M30051...jpg
  • NAPLES, ITALY - 19 JUNE 2020: Customers of  the pawn branch of the Bank of Naples, which is owned by the financial giant Intesa Sanpaolo,  call names off a list organized by the customers themselves to enter the Bank and either pawn their valuables or pay interest on their paws, in Naples, Italy, on June 19th 2020.<br />
<br />
The gold and jewelry-backed loans business of Gruppo Intesa Sanpaolo, which operated the Naples pawnshop, is in the process of being acquired by Banca Sistema. A company spokeswoman said its new pawnbroker policies went up 20 percent in March and April and that it looked forward to standing at the side of Italians, protecting them from loan sharks, and getting them much needed cash.
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200619_NYT-Italy-Pawn_7M30058...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Customers of  the pawn branch of the Bank of Naples, which is owned by the financial giant Intesa Sanpaolo, wait for their names to be called off a list organized by the customers themselves to enter the Bank and pay interest on their paws, in Naples, Italy, on June 18th 2020.<br />
<br />
The gold and jewelry-backed loans business of Gruppo Intesa Sanpaolo, which operated the Naples pawnshop, is in the process of being acquired by Banca Sistema. A company spokeswoman said its new pawnbroker policies went up 20 percent in March and April and that it looked forward to standing at the side of Italians, protecting them from loan sharks, and getting them much needed cash.
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200619_NYT-Italy-Pawn_7M30053...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Customers of  the pawn branch of the Bank of Naples, which is owned by the financial giant Intesa Sanpaolo, wait for their names to be called off a list organized by the customers themselves to enter the Bank and pay interest on their paws, in Naples, Italy, on June 18th 2020.<br />
<br />
The gold and jewelry-backed loans business of Gruppo Intesa Sanpaolo, which operated the Naples pawnshop, is in the process of being acquired by Banca Sistema. A company spokeswoman said its new pawnbroker policies went up 20 percent in March and April and that it looked forward to standing at the side of Italians, protecting them from loan sharks, and getting them much needed cash.
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30902...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Customers of  the pawn branch of the Bank of Naples, which is owned by the financial giant Intesa Sanpaolo, wait for their names to be called off a list organized by the customers themselves to enter the Bank and pay interest on their paws, in Naples, Italy, on June 18th 2020.<br />
<br />
The gold and jewelry-backed loans business of Gruppo Intesa Sanpaolo, which operated the Naples pawnshop, is in the process of being acquired by Banca Sistema. A company spokeswoman said its new pawnbroker policies went up 20 percent in March and April and that it looked forward to standing at the side of Italians, protecting them from loan sharks, and getting them much needed cash.
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30898...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Customers of  the pawn branch of the Bank of Naples, which is owned by the financial giant Intesa Sanpaolo, wait for their names to be called off a list organized by the customers themselves and enter the Bank to pay interest on their  pawn, in Naples, Italy, on June 18th 2020.<br />
<br />
The gold and jewelry-backed loans business of Gruppo Intesa Sanpaolo, which operated the Naples pawnshop, is in the process of being acquired by Banca Sistema. A company spokeswoman said its new pawnbroker policies went up 20 percent in March and April and that it looked forward to standing at the side of Italians, protecting them from loan sharks, and getting them much needed cash.
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30895...jpg
  • NAPLES, ITALY - 18 JUNE 2020: A customers of  the pawn branch of the Bank of Naples, which is owned by the financial giant Intesa Sanpaolo, waits for her name to be called off a list organized by the customers themselves and enter the Bank to pay interest on her pawn, in Naples, Italy, on June 18th 2020.<br />
<br />
The gold and jewelry-backed loans business of Gruppo Intesa Sanpaolo, which operated the Naples pawnshop, is in the process of being acquired by Banca Sistema. A company spokeswoman said its new pawnbroker policies went up 20 percent in March and April and that it looked forward to standing at the side of Italians, protecting them from loan sharks, and getting them much needed cash.
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30894...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Customers of  the pawn branch of the Bank of Naples, which is owned by the financial giant Intesa Sanpaolo, wait and call names off a list organized by the customers themselves to enter the Bank and either pawn their valuables or pay interest on their paws, in Naples, Italy, on June 18th 2020.<br />
<br />
The gold and jewelry-backed loans business of Gruppo Intesa Sanpaolo, which operated the Naples pawnshop, is in the process of being acquired by Banca Sistema. A company spokeswoman said its new pawnbroker policies went up 20 percent in March and April and that it looked forward to standing at the side of Italians, protecting them from loan sharks, and getting them much needed cash.
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30892...jpg
  • 4 May, 2012. Palermo, Italy The pawn room of the ex Savings Bank located in Palazzo Branciforte was kept in its original configuration after the restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Il Monte dei Pegni, con sede in passato nel Palazzo Branciforte, è stato restaurato mantenendo la sua configurazione originale dopo  il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy The pawn room of the ex Savings Bank located in Palazzo Branciforte was kept in its original configuration after the restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Il Monte dei Pegni, con sede in passato nel Palazzo Branciforte, è stato restaurato mantenendo la sua configurazione originale dopo  il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy The pawn room of the ex Savings Bank located in Palazzo Branciforte was kept in its original configuration after the restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Il Monte dei Pegni, con sede in passato nel Palazzo Branciforte, Ë stato restaurato mantenendo la sua configurazione originale dopo  il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy Shelves in the pawn room of the ex Savings Bank, located in Palazzo Branciforte, which was kept in its original configuration after the restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Scaffali nell'ex Monte dei Pegni, con sede in passato nel Palazzo Branciforte, il quale è stato restaurato mantenendo la sua configurazione originale dopo  il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 17 October, 2008. New York, NY. Obama volunteers do phone banking to North Carolina, a battleground state for the candidate, at the Local 237 Teamster of 14th street in Manhattan, NY. Teamster is one of the largest labor unions of the country. In these days phone banking is being done in key states such as Pennsylvania, North Carolina, Ohio, Virginia, and Florida. <br />
The Obama volunteers in New York have been helping the campaign for weeks organizing phone banking, fund raisings, canvas, concerts, fashion shows, etc.<br />
<br />
<br />
©2008 Gianni Cipriano for The New York Times<br />
cell. +1 646 465 2168 (USA)<br />
cell. +1 328 567 7923 (Italy)<br />
gianni@giannicipriano.com<br />
www.giannicipriano.com
    GCipriano_20081018_OBAMA__MG_7701.jpg
  • 25 October, 2008. New York, NY.  Jason Haas (center), a New York State Field Organizer for the Obama campaign, gives instructions and tips in a West Village private penthouse to the volunteers that will do phone banking to North Carolina, a battleground state for the candidate. In these days phone banking is being done in key states such as Pennsylvania, North Carolina, Ohio, Virginia, and Florida. <br />
The Obama volunteers in New York have been helping the campaign for weeks organizing phone banking, fund raisings, canvas, concerts, fashion shows, etc.<br />
<br />
<br />
©2008 Gianni Cipriano for The New York Times<br />
cell. +1 646 465 2168 (USA)<br />
cell. +1 328 567 7923 (Italy)<br />
gianni@giannicipriano.com<br />
www.giannicipriano.com
    GCipriano_20081018_OBAMA__MG_7825.jpg
  • 25 October, 2008. New York, NY.  Jason Haas (center), a New York State Field Organizer for the Obama campaign, gives instructions and tips in a West Village private penthouse to the volunteers that will do phone banking to North Carolina, a battleground state for the candidate. In these days phone banking is being done in key states such as Pennsylvania, North Carolina, Ohio, Virginia, and Florida. <br />
The Obama volunteers in New York have been helping the campaign for weeks organizing phone banking, fund raisings, canvas, concerts, fashion shows, etc.<br />
<br />
<br />
©2008 Gianni Cipriano for The New York Times<br />
cell. +1 646 465 2168 (USA)<br />
cell. +1 328 567 7923 (Italy)<br />
gianni@giannicipriano.com<br />
www.giannicipriano.com
    GCipriano_20081018_OBAMA__MG_7819.jpg
  • 17 October, 2008. New York, NY. Jason Haas, the New York State Field Organizer for the Obama campaign clears up the phone banking room before leaving the Local 237 Teamster building of 14th street in Manhattan, NY. Teamster is one of the largest labor unions of the country. In these days phone banking is being done in key states such as Pennsylvania, North Carolina, Ohio, Virginia, and Florida. <br />
The Obama volunteers in New York have been helping the campaign for weeks organizing phone banking, fund raisings, canvas, concerts, fashion shows, etc.<br />
<br />
<br />
©2008 Gianni Cipriano for The New York Times<br />
cell. +1 646 465 2168 (USA)<br />
cell. +1 328 567 7923 (Italy)<br />
gianni@giannicipriano.com<br />
www.giannicipriano.com
    GCipriano_20081018_OBAMA__MG_7788.jpg
  • 17 October, 2008. New York, NY. An Obama volunteer does phone banking to North Carolina, a battleground state for the candidate, at the Local 237 Teamster of 14th street in Manhattan, NY. Teamster is one of the largest labor unions of the country. In these days phone banking is being done in key states such as Pennsylvania, North Carolina, Ohio, Virginia, and Florida. <br />
The Obama volunteers in New York have been helping the campaign for weeks organizing phone banking, fund raisings, canvas, concerts, fashion shows, etc.<br />
<br />
<br />
©2008 Gianni Cipriano for The New York Times<br />
cell. +1 646 465 2168 (USA)<br />
cell. +1 328 567 7923 (Italy)<br />
gianni@giannicipriano.com<br />
www.giannicipriano.com
    GCipriano_20081018_OBAMA__MG_7757.jpg
  • 17 October, 2008. New York, NY. An Obama volunteer does phone banking to North Carolina, a battleground state for the candidate, at the Local 237 Teamster of 14th street in Manhattan, NY. Teamster is one of the largest labor unions of the country. In these days phone banking is being done in key states such as Pennsylvania, North Carolina, Ohio, Virginia, and Florida. <br />
The Obama volunteers in New York have been helping the campaign for weeks organizing phone banking, fund raisings, canvas, concerts, fashion shows, etc.<br />
<br />
<br />
©2008 Gianni Cipriano for The New York Times<br />
cell. +1 646 465 2168 (USA)<br />
cell. +1 328 567 7923 (Italy)<br />
gianni@giannicipriano.com<br />
www.giannicipriano.com
    GCipriano_20081018_OBAMA__MG_7750.jpg
  • 17 October, 2008. New York, NY. A blackboard shows the Obama volunteers doing phone banking the codes to write on their sheets as well as electoral information on North Carolina, a battleground state for the candidate, at the Local 237 Teamster of 14th street in Manhattan, NY. Teamster is one of the largest labor unions of the country. In these days phone banking is being done in key states such as Pennsylvania, North Carolina, Ohio, Virginia, and Florida. <br />
The Obama volunteers in New York have been helping the campaign for weeks organizing phone banking, fund raisings, canvas, concerts, fashion shows, etc.<br />
<br />
<br />
©2008 Gianni Cipriano for The New York Times<br />
cell. +1 646 465 2168 (USA)<br />
cell. +1 328 567 7923 (Italy)<br />
gianni@giannicipriano.com<br />
www.giannicipriano.com
    GCipriano_20081018_OBAMA__MG_7734.jpg
  • 17 October, 2008. New York, NY. The "Latinos for Obama" celebrate the beginning of the phone banking day at the Local 237 Teamster of 14th street in Manhattan, NY. Then Latino Obama supporters and volunteers will gather for spanish phone banking in key states. Teamster is one of the largest labor unions of the country a photo auction fundraising show in Williamsburg, Brooklyn. The Obama volunteers in New York have been helping the campaign for weeks organizing phone banking, fund raisings, canvas, concerts, fashion shows, etc.<br />
<br />
<br />
©2008 Gianni Cipriano for The New York Times<br />
cell. +1 646 465 2168 (USA)<br />
cell. +1 328 567 7923 (Italy)<br />
gianni@giannicipriano.com<br />
www.giannicipriano.com
    GCipriano_20081018_OBAMA__MG_7485.jpg
  • NAPLES, ITALY - 19 JUNE 2020: Luigi Milano (69), owner of a pawnshop, weighs  a gold watch and a gold brooch recently pawned by a customer in Naples, Italy, on June 19th 2020.<br />
<br />
The gold and jewelry-backed loans business of Gruppo Intesa Sanpaolo, which operated the Naples pawnshop, is in the process of being acquired by Banca Sistema. A company spokeswoman said its new pawnbroker policies went up 20 percent in March and April and that it looked forward to standing at the side of Italians, protecting them from loan sharks, and getting them much needed cash.
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200619_NYT-Italy-Pawn_7M30043...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Passerby are seen here in Piazza Plebiscito in Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30994...jpg
  • NAPLES, ITALY - 19 JUNE 2020: People shop in the Pignasecca, a popular outdoor market in the center of Naples, Italy, on June 19th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200619_NYT-Italy-Pawn_7M30029...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Passerby are seen here in the historical center of Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30968...jpg
  • NAPLES, ITALY - 18 JUNE 2020: A family walks by a fish seller in the Spanish Quarters in Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30909...jpg
  • NAPLES, ITALY - 18 JUNE 2020: A man is seen here by the seafront overlooking Mount Vesuvius in Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30017...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Young men play ball by the Basilica of San Francesco da Paola, in Piazza Plebiscito in Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30016...jpg
  • NAPLES, ITALY - 18 JUNE 2020: A girl looks at her smartphone by the Basilica of San Francesco da Paola, in Piazza Plebiscito in Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30012...jpg
  • NAPLES, ITALY - 19 JUNE 2020: A waiter is seen here after a delivery in the Spanish Quarters in Naples, Italy, on June 19th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200619_NYT-Italy-Pawn_7M30067...jpg
  • NAPLES, ITALY - 19 JUNE 2020: An elderly woman is seen here walking in the Spanish Quarters in Naples, Italy, on June 19th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200619_NYT-Italy-Pawn_7M30064...jpg
  • NAPLES, ITALY - 19 JUNE 2020: Luigi Milano (69), owner of a pawnshop, poses for a portrait at his counter in Naples, Italy, on June 19th 2020.<br />
<br />
The gold and jewelry-backed loans business of Gruppo Intesa Sanpaolo, which operated the Naples pawnshop, is in the process of being acquired by Banca Sistema. A company spokeswoman said its new pawnbroker policies went up 20 percent in March and April and that it looked forward to standing at the side of Italians, protecting them from loan sharks, and getting them much needed cash.
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200619_NYT-Italy-Pawn_7M30039...jpg
  • NAPLES, ITALY - 19 JUNE 2020: Luigi Milano (69), owner of a pawnshop, poses for a portrait at his counter in Naples, Italy, on June 19th 2020.<br />
<br />
The gold and jewelry-backed loans business of Gruppo Intesa Sanpaolo, which operated the Naples pawnshop, is in the process of being acquired by Banca Sistema. A company spokeswoman said its new pawnbroker policies went up 20 percent in March and April and that it looked forward to standing at the side of Italians, protecting them from loan sharks, and getting them much needed cash.
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200619_NYT-Italy-Pawn_7M30039...jpg
  • NAPLES, ITALY - 19 JUNE 2020: People shop in the Pignasecca, a popular outdoor market in the center of Naples, Italy, on June 19th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200619_NYT-Italy-Pawn_7M30035...jpg
  • NAPLES, ITALY - 18 JUNE 2020: A waiter is seen here at work in Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30985...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Passerby are seen here in the historical center of Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30957...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Passerby are seen here in the historical center of Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30962...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Claire Tranchesi (40), founder and owner of the vintage shop Oblomova, poses for a portrait in front of her shop in Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30948...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Claire Tranchesi (40), founder and owner of the vintage shop Oblomova, poses for a portrait in front of her shop in Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30945...jpg
  • NAPLES, ITALY - 18 JUNE 2020: (L-R) Gennaro Sifo (58), Salvatore Sifo (55), Giuseppina Liberti (63) and Elena Carlevalis (49), all without a stable income, have a chat here in the Spanish Quarters in Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30936...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Valentina Filardi (45), unemployed, poses for a portrait in the Spanish Quarters in Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30924...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Valentina Filardi (45), unemployed, poses for a portrait in the Spanish Quarters in Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30924...jpg
  • NAPLES, ITALY - 18 JUNE 2020: Rossana Nappo (52), a tobacconist, poses for a portrait in her tobacco shop in the Spanish Quarters in Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30920...jpg
  • NAPLES, ITALY - 18 JUNE 2020: An elderly man rings a doowbell in the Spanish Quarters in Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30913...jpg
  • NAPLES, ITALY - 19 JUNE 2020: The entrance of the pawn shop owned by Luigi Milano (69) is seen here in Naples, Italy, on June 19th 2020.<br />
<br />
The gold and jewelry-backed loans business of Gruppo Intesa Sanpaolo, which operated the Naples pawnshop, is in the process of being acquired by Banca Sistema. A company spokeswoman said its new pawnbroker policies went up 20 percent in March and April and that it looked forward to standing at the side of Italians, protecting them from loan sharks, and getting them much needed cash.
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30906...jpg
  • NAPLES, ITALY - 18 JUNE 2020: A family fishes by the seafron overlooking Mount Vesuvius in Naples, Italy, on June 18th 2020.<br />
<br />
Pawn shops have been part of the Italian banking system for centuries. Lombard money changers worked with collateral in the Middle Ages and Catholic church in the 15th century sought to combat usury, and undercut Jewish money lenders, by pooling the resources of wealthy locals into a Mount of Piety, basically a pile of cash, to make no interest (and thus no-sin) loans to the poor. Papal intervention eventually allowed added payments, and pawn departments became central to the evolution of Italian banking, extending ready cash through plagues, sieges and other assorted catastrophes. Now, with Italy facing economic devastation from the coronavirus pawnshop industry leaders are confident there will be a surge in business.<br />
<br />
In the days after the lifting of Italy’s lockdown in May, the collateral loan sector – the institutional name for Italy’s pawn brokers — saw a 20 to 30 percent increase in activity. And on lines outside the pawn units of banks in Rome, Milan and Naples, anxiety remained palpable.
    CIPG_20200618_NYT-Italy-Pawn_7M30024...jpg
  • 25 October, 2008. New York, NY. An Obama volunteer of The Three Parks Independent Democrats group from the New York City Upper West Side does phone banking to Pennsylvania, a battleground state for the canditate. The Three Parks Independent Democrats group organizes fundraising, sales of buttons, stickers and t-shirts, as well as key states phone banking and canvas trips to Pennsylvania. Pennsylvania is an Obama leading state that Sen. John McCain has been looking to turn Republcan. Pennsylvania will be a key state on election day, since it has 21 electoral votes.<br />
The Obama volunteers in New York have been helping the campaign for weeks organizing phone banking, fund raisings, canvas, concerts, fashion shows, etc.<br />
<br />
<br />
©2008 Gianni Cipriano for The New York Times<br />
cell. +1 646 465 2168 (USA)<br />
cell. +1 328 567 7923 (Italy)<br />
gianni@giannicipriano.com<br />
www.giannicipriano.com
    GCipriano_20081022_OBAMA-upperwest_M...jpg
  • 17 October, 2008. New York, NY. A lecturn, empty chairs and flags are here minutes before the "Latinos for Obama" press conference at the Local 237 Teamster of 14th street in Manhattan, NY. Then Latino Obama supporters and volunteers will gather for spanish phone banking in key states. Teamster is one of the largest labor unions of the country a photo auction fundraising show in Williamsburg, Brooklyn. The Obama volunteers in New York have been helping the campaign for weeks organizing phone banking, fund raisings, canvas, concerts, fashion shows, etc.<br />
<br />
<br />
©2008 Gianni Cipriano for The New York Times<br />
cell. +1 646 465 2168 (USA)<br />
cell. +1 328 567 7923 (Italy)<br />
gianni@giannicipriano.com<br />
www.giannicipriano.com
    GCipriano_20081018_OBAMA__MG_7382.jpg
  • 18 October, 2008. New York, NY. A poster shows the days left to the 2008 US presidential elections at the Obama Headquarters of New York, in the Financial District. In the other room Obama volunteers are doing phone banking to Pennsylvania.  The Obama volunteers in New York have been helping the campaign for weeks organizing phone banking, fund raisings, canvas, concerts, fashion shows, etc.<br />
<br />
©2008 Gianni Cipriano for The New York Times<br />
cell. +1 646 465 2168 (USA)<br />
cell. +1 328 567 7923 (Italy)<br />
gianni@giannicipriano.com<br />
www.giannicipriano.com
    GCipriano_20081018_OBAMA__MG_7644.jpg
  • 18 October, 2008. New York, NY. A door with the Obama campaign signs leads to staff room at the Obama Headquarters of New York, in the Financial District. In the other room Obama volunteers are doing phone banking to Pennsylvania.  The Obama volunteers in New York have been helping the campaign for weeks organizing phone banking, fund raisings, canvas, concerts, fashion shows, etc.<br />
<br />
©2008 Gianni Cipriano for The New York Times<br />
cell. +1 646 465 2168 (USA)<br />
cell. +1 328 567 7923 (Italy)<br />
gianni@giannicipriano.com<br />
www.giannicipriano.com
    GCipriano_20081018_OBAMA__MG_7637.jpg
  • 18 October, 2008. New York, NY. An American flag and an Obama flyer are here at the Obama Headquarters of New York, in the Financial District. In the other room Obama volunteers are doing phone banking to Pennsylvania.  The Obama volunteers in New York have been helping the campaign for weeks organizing phone banking, fund raisings, canvas, concerts, fashion shows, etc.<br />
<br />
©2008 Gianni Cipriano for The New York Times<br />
cell. +1 646 465 2168 (USA)<br />
cell. +1 328 567 7923 (Italy)<br />
gianni@giannicipriano.com<br />
www.giannicipriano.com
    GCipriano_20081018_OBAMA__MG_7595.jpg
  • 4 May, 2012. Palermo, Italy. Loggia of Palazzo Branciforte after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Il loggiato di Palazzo Branciforte dopo il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. The library of Palazzo Branciforte with a mural by artist Ignazio Mocada after the restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Biblioteca di Palazzo Branciforte con un murale dell'artista Ignazio Moncada dopo il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. The library of Palazzo Branciforte with a mural by artist Ignazio Mocada after the restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Biblioteca di Palazzo Branciforte con un murale dell'artista Ignazio Moncada dopo il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. The archeological collection of the Fondazione Banco di Sicilia count more than 47 thousand pieces and it is located in the ex stable of Palazzo Branciforte. Palazzo Branciforte after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. La collezione archeologia della Fondazione Banco di Sicilia è situata nell'ex scuderia di Palazzo Branciforte e conta circa 47 mila pezzi. Il progetto del restauro di Palazzo Branciforte è stato affidato alll'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. The archeological collection of the Fondazione Banco di Sicilia count more than 47 thousand pieces and it is located in the ex stable of Palazzo Branciforte. Palazzo Branciforte after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. La collezione archeologia della Fondazione Banco di Sicilia è situata nell'ex scuderia di Palazzo Branciforte e conta circa 47 mila pezzi. Il progetto del restauro di Palazzo Branciforte è stato affidato alll'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: Owner of the Temeca woodworking shop Emanuele Tedeschi, 49, works in his office in Guidonia, Italy, on March 7, 2013. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2401.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: The Tedeschi family (L-R, Emanuele, 49; Lorenzo, 23 and Annarita, 47) are here at the Temeca woodorking shop's office in Guidonia, Italy, on March 7, 2013. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2375.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: Lorenzo Tedeschi, 23, checks a machine at the Temeca woodworking shop in Guidonia, Italy, on March 7, 2013. Lorenzo is the son of Temeca owner Emanuele Tedeschi; he has been working at his father's business for 2 years after dropping out of goldsmithry school in Milan. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2310.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: The control panel of a saw at the Temeca woodworking shop in Guidonia, Italy, on March 7, 2013. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2250.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: Carlo Salvatelli, 50, assembles a wooden door at the Temeca woodworking shop in Guidonia, Italy, on March 7, 2013. Carlo Savatelli has been working at Temeca for 33 years, since he was 17. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2117.jpg
  • 4 May, 2012. Palermo, Italy. Central atrium at the entrance of Palazzo Branciforte  after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. L'atrio all-entrata Palazzo Branciforte  dopo il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. Entrace  of Palazzo Branciforte from via Bara all'Olivella after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Entrata del Palazzo Branciforte da via Bara all'Olivella dopo il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. Entrace  of Palazzo Branciforte from via Bara all'Olivella after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Entrata del Palazzo Branciforte da via Bara all'Olivella dopo il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. Central atrium at the entrance of Palazzo Branciforte  after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. L'atrio all-entrata Palazzo Branciforte  dopo il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. Loggia of Palazzo Branciforte after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Il loggiato di Palazzo Branciforte dopo il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. 1935 statues of Mercury and Diana Huntress by Sicilian sculptor Nino Geraci in the library of Palazzo Branciforte after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Statue di Mercurio e Diana Cacciatrice realizzate nel 1935 dallo scultore siciliano Nino Geraci si trovano nella biblioteca di Palazzo Branciforte dopo il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. 1935 statues of Mercury and Diana Huntress by Sicilian sculptor Nino Geraci in the library of Palazzo Branciforte after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Statue di Mercurio e Diana Cacciatrice realizzate nel 1935 dallo scultore siciliano Nino Geraci si trovano nella biblioteca di Palazzo Branciforte dopo il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. The library of Palazzo Branciforte with a mural by artist Ignazio Mocada after the restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Biblioteca di Palazzo Branciforte con un murale dell'artista Ignazio Moncada dopo il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. Loggia of Palazzo Branciforte after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Il loggiato di Palazzo Branciforte dopo il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. The archeological collection of the Fondazione Banco di Sicilia count more than 47 thousand pieces and it is located in the ex stable of Palazzo Branciforte. Palazzo Branciforte after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. La collezione archeologia della Fondazione Banco di Sicilia è situata nell'ex scuderia di Palazzo Branciforte e conta circa 47 mila pezzi. Il progetto del restauro di Palazzo Branciforte è stato affidato alll'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. The archeological collection of the Fondazione Banco di Sicilia count more than 47 thousand pieces and it is located in the ex stable of Palazzo Branciforte. Palazzo Branciforte after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. La collezione archeologia della Fondazione Banco di Sicilia è situata nell'ex scuderia di Palazzo Branciforte e conta circa 47 mila pezzi. Il progetto del restauro di Palazzo Branciforte è stato affidato alll'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. The archeological collection of the Fondazione Banco di Sicilia count more than 47 thousand pieces and it is located in the ex stable of Palazzo Branciforte. Palazzo Branciforte after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. La collezione archeologia della Fondazione Banco di Sicilia è situata nell'ex scuderia di Palazzo Branciforte e conta circa 47 mila pezzi. Il progetto del restauro di Palazzo Branciforte è stato affidato alll'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. Central atrium at the entrance of Palazzo Branciforte  after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. L'atrio all-entrata Palazzo Branciforte  dopo il restauro dell'architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. Conference room of Palazzo Branciforte after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Sala conferenze di Palazzo Branciforte dopo il restauro dell-architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • 4 May, 2012. Palermo, Italy. Conference room of Palazzo Branciforte after its restauration by architect Gae Aulenti. # 4 maggio 2012. Palermo, Italia. Sala conferenze di Palazzo Branciforte dopo il restauro dell-architetto Gae Aulenti.
    CIPG_20120504_ESPRESSO_Branciforte__...jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: (L-R) Owner of the Temeca woodorking shop Emanuele Tedeschi discusses about the EU economy with his son Lorenzo, 23, while his wife Annarita Neroni, 47, works at her computer in Guidonia, Italy, on March 7, 2013. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2362.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: Emanuele Tedeschi, the 49 years old owner of the Temeca woodworking shop, poses in front of the machinery in Guidonia, Italy, on March 7, 2013. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2348.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: Emanuele Tedeschi, the 49 years old owner of the Temeca woodworking shop, poses in front of the machinery in Guidonia, Italy, on March 7, 2013. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2322.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: Cesare Alessandrini, 53, cuts wood before assembling a door at the Temeca woodworking shop in Guidonia, Italy, on March 7, 2013. Cesare Alessandrini has been working at Temeca for 7 years. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2275.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: Cesare Alessandrini, 53, cuts wood before assembling a door at the Temeca woodworking shop in Guidonia, Italy, on March 7, 2013. Cesare Alessandrini has been working at Temeca for 7 years. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2256.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: A list of the measures of the wooden pieces that need to be but at Emanuele Tedeschi's Temeca woordworking shop in Guidonia, Italy, on March 7, 2013. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2227.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: The machinery at the entrance of the Emanuele Tedeschi's Temeca woodworking shop in Guidonia, Italy, on March 7, 2013. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2200.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: Wooden windows made by Emanuele Tedeschi's Temeca woodworking shop are here in the shop in Guidonia, Italy, on March 7, 2013. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2198.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: Daniele, a 38 years old polish worker, moves a wooden window after assembling it at the Temeca woodworking shop in Guidonia, Italy, on March 7, 2013. Daniele has been working at the Temeca woodworking shop for 6 years. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2185.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: Cesare Alessandrini, 53, cuts wood before assembling a door at the Temeca woodworking shop in Guidonia, Italy, on March 7, 2013. Cesare Alessandrini has been working at Temeca for 7 years. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2180.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: Cesare Alessandrini, 53, cuts wood before assembling a door at the Temeca woodworking shop in Guidonia, Italy, on March 7, 2013. Cesare Alessandrini has been working at Temeca for 7 years. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2139.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: Carlo Salvatelli, 50, assembles a wooden door at the Temeca woodworking shop in Guidonia, Italy, on March 7, 2013. Carlo Savatelli has been working at Temeca for 33 years, since he was 17. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2096.jpg
  • GUIDONIA, ITALY - 7 MARCH 2013: Carlo Salvatelli, 50, assembles a wooden door at the Temeca woodworking shop in Guidonia, Italy, on March 7, 2013. Carlo Savatelli has been working at Temeca for 33 years, since he was 17. The Temeca woodworking shop was founded in 1959 by Renzo Tedeschi, 84, father of the current owner Emanuele Tedeschi. Until the 80's the Temeca woodworking shop had 16 employees; after the shop to Emanuele, Renzo's son, four employees retired and the number of the carpenters was reduced to 12.  After the 2009 crisis, the number of workers at the Temeca woodworking were reduced to 7..Gianni Cipriano for The International Herald Tribune
    CIPG_20130307_IHT_Business__MG_2075.jpg
  • SIENA, ITALY - 20 MARCH 2015: People sit in Piazza del Campo, the principal square of Siena's historical center, in front of Palazzo Sansedoni, the headquarters of the Monte dei Paschi di Siena Foundation, in Siena, Italy, on March 20th 2015.<br />
<br />
The charitable Monte dei Paschi di Siena Foundation is the bank's largest shareholder that has financed projects in the fields of economic development, art and research. Until 2014, the Foundation has entirely funded Siena Biotech, a clinical-stage drug discovery company whose  efforts are mainly focused on discovering new drugs for therapeutic intervention against neurodegenerative diseases and in oncology, such as Alzheimer’s Disease, Huntington’s Disease and Cancer.<br />
<br />
Now Siena Biotech has filed for bankruptcy proceedings, and its researchers and employees occupied the headquarters of the company based in Siena.<br />
<br />
Siena, a Tuscan city and UNESCO World Heritage Site, is home to Monte dei Paschi di Siena, the world's oldest surviving bank and Italy's third largest bank. The bank, founded in 1472, was the largest employer in Siena, and it helped finance a host of community projects and services until it stumbled during the financial crisis started in 2008.
    CIPG_20150320_INYT_Siena__M3_7273.jpg
  • SIENA, ITALY - 20 MARCH 2015: Women gather in Piazza del Campo, the principal square of Siena's historical center, is home to Palazzo Sansedoni, the headquarters of the Monte dei Paschi di Siena Foundation, and to the Palazzo Pubblico (or Palazzo del Comune, City Hall) in Siena, Italy, on March 20th 2015.<br />
<br />
The charitable Monte dei Paschi di Siena Foundation is the bank's largest shareholder that has financed projects in the fields of economic development, art and research. Until 2014, the Foundation has entirely funded Siena Biotech, a clinical-stage drug discovery company whose  efforts are mainly focused on discovering new drugs for therapeutic intervention against neurodegenerative diseases and in oncology, such as Alzheimer’s Disease, Huntington’s Disease and Cancer.<br />
<br />
Now Siena Biotech has filed for bankruptcy proceedings, and its researchers and employees occupied the headquarters of the company based in Siena.<br />
<br />
Siena, a Tuscan city and UNESCO World Heritage Site, is home to Monte dei Paschi di Siena, the world's oldest surviving bank and Italy's third largest bank. The bank, founded in 1472, was the largest employer in Siena, and it helped finance a host of community projects and services until it stumbled during the financial crisis started in 2008.
    CIPG_20150320_INYT_Siena__M3_7238.jpg
  • SIENA, ITALY - 20 MARCH 2015: A man walks in the historical center of Siena by a Monte dei Paschi di Siena bank, in Siena, Italy, on March 20th 2015. <br />
<br />
Siena, a Tuscan city and UNESCO World Heritage Site, is home to Monte dei Paschi di Siena, the world's oldest surviving bank and Italy's third largest bank. The bank, founded in 1472, was the largest employer in Siena, and it helped finance a host of community projects and services until it stumbled during the financial crisis started in 2008.
    CIPG_20150320_INYT_Siena__M3_7062.jpg
  • SIENA, ITALY - 20 MARCH 2015: A man walks in the historical center of Siena by a Monte dei Paschi di Siena bank, in Siena, Italy, on March 20th 2015. <br />
<br />
Siena, a Tuscan city and UNESCO World Heritage Site, is home to Monte dei Paschi di Siena, the world's oldest surviving bank and Italy's third largest bank. The bank, founded in 1472, was the largest employer in Siena, and it helped finance a host of community projects and services until it stumbled during the financial crisis started in 2008.
    CIPG_20150320_INYT_Siena__M3_7025.jpg
  • SIENA, ITALY - 20 MARCH 2015: A man steps outside the headquarters of the Monte dei Paschi di Siena bank at Palazzo Salimbeni in Siena, Italy, on March 20th 2015. <br />
<br />
Siena, a Tuscan city and UNESCO World Heritage Site, is home to Monte dei Paschi di Siena, the world's oldest surviving bank and Italy's third largest bank. The bank, founded in 1472, was the largest employer in Siena, and it helped finance a host of community projects and services until it stumbled during the financial crisis started in 2008.
    CIPG_20150320_INYT_Siena__M3_6989.jpg
  • SIENA, ITALY - 20 MARCH 2015: The headquarters of the Monte dei Paschi di Siena bank at Palazzo Salimbeni behind the statue of Sallustio Bandini, an 18th-century Tuscan economist who was an early advocate of free trade, in Siena, Italy, on March 20th 2015. <br />
<br />
Siena, a Tuscan city and UNESCO World Heritage Site, is home to Monte dei Paschi di Siena, the world's oldest surviving bank and Italy's third largest bank. The bank, founded in 1472, was the largest employer in Siena, and it helped finance a host of community projects and services until it stumbled during the financial crisis started in 2008.
    CIPG_20150320_INYT_Siena__M3_6955.jpg
  • SIENA, ITALY - 20 MARCH 2015: The headquarters of the Monte dei Paschi di Siena bank at Palazzo Salimbeni in Siena, Italy, on March 20th 2015. <br />
<br />
Siena, a Tuscan city and UNESCO World Heritage Site, is home to Monte dei Paschi di Siena, the world's oldest surviving bank and Italy's third largest bank. The bank, founded in 1472, was the largest employer in Siena, and it helped finance a host of community projects and services until it stumbled during the financial crisis started in 2008.
    CIPG_20150320_INYT_Siena__M3_6919.jpg
  • SIENA, ITALY - 20 MARCH 2015: The headquarters of the Monte dei Paschi di Siena bank at Palazzo Salimbeni behind the statue of Sallustio Bandini, an 18th-century Tuscan economist who was an early advocate of free trade, in Siena, Italy, on March 20th 2015. <br />
<br />
Siena, a Tuscan city and UNESCO World Heritage Site, is home to Monte dei Paschi di Siena, the world's oldest surviving bank and Italy's third largest bank. The bank, founded in 1472, was the largest employer in Siena, and it helped finance a host of community projects and services until it stumbled during the financial crisis started in 2008.
    CIPG_20150320_INYT_Siena__M3_6873.jpg
  • SIENA, ITALY - 20 MARCH 2015:  Marcello Clarich (57), President of the Monte dei Paschi di Siena Foundation, poses for a portrait at Palazzo Sansedoni (headquarters of the foundation) in Siena, Italy, on March 20th 2015. <br />
<br />
The charitable Monte dei Paschi di Siena Foundation is the bank's largest shareholder that has financed projects in the fields of economic development, art and research. Until 2014, the Foundation has entirely funded Siena Biotech, a clinical-stage drug discovery company whose  efforts are mainly focused on discovering new drugs for therapeutic intervention against neurodegenerative diseases and in oncology, such as Alzheimer’s Disease, Huntington’s Disease and Cancer.<br />
<br />
Now Siena Biotech has filed for bankruptcy proceedings, and its researchers and employees occupied the headquarters of the company based in Siena.<br />
<br />
Siena, a Tuscan city and UNESCO World Heritage Site, is home to Monte dei Paschi di Siena, the world's oldest surviving bank and Italy's third largest bank. The bank, founded in 1472, was the largest employer in Siena, and it helped finance a host of community projects and services until it stumbled during the financial crisis started in 2008.
    CIPG_20150320_INYT_Siena__M3_6808.jpg
  • SIENA, ITALY - 20 MARCH 2015:  Marcello Clarich (57), President of the Monte dei Paschi di Siena Foundation, poses for a portrait at Palazzo Sansedoni (headquarters of the foundation) in Siena, Italy, on March 20th 2015. <br />
<br />
The charitable Monte dei Paschi di Siena Foundation is the bank's largest shareholder that has financed projects in the fields of economic development, art and research. Until 2014, the Foundation has entirely funded Siena Biotech, a clinical-stage drug discovery company whose  efforts are mainly focused on discovering new drugs for therapeutic intervention against neurodegenerative diseases and in oncology, such as Alzheimer’s Disease, Huntington’s Disease and Cancer.<br />
<br />
Now Siena Biotech has filed for bankruptcy proceedings, and its researchers and employees occupied the headquarters of the company based in Siena.<br />
<br />
Siena, a Tuscan city and UNESCO World Heritage Site, is home to Monte dei Paschi di Siena, the world's oldest surviving bank and Italy's third largest bank. The bank, founded in 1472, was the largest employer in Siena, and it helped finance a host of community projects and services until it stumbled during the financial crisis started in 2008.
    CIPG_20150320_INYT_Siena__M3_6792.jpg
  • SIENA, ITALY - 20 MARCH 2015:  Marcello Clarich (57), President of the Monte dei Paschi di Siena Foundation, poses for a portrait at Palazzo Sansedoni (headquarters of the foundation) in Siena, Italy, on March 20th 2015. <br />
<br />
The charitable Monte dei Paschi di Siena Foundation is the bank's largest shareholder that has financed projects in the fields of economic development, art and research. Until 2014, the Foundation has entirely funded Siena Biotech, a clinical-stage drug discovery company whose  efforts are mainly focused on discovering new drugs for therapeutic intervention against neurodegenerative diseases and in oncology, such as Alzheimer’s Disease, Huntington’s Disease and Cancer.<br />
<br />
Now Siena Biotech has filed for bankruptcy proceedings, and its researchers and employees occupied the headquarters of the company based in Siena.<br />
<br />
Siena, a Tuscan city and UNESCO World Heritage Site, is home to Monte dei Paschi di Siena, the world's oldest surviving bank and Italy's third largest bank. The bank, founded in 1472, was the largest employer in Siena, and it helped finance a host of community projects and services until it stumbled during the financial crisis started in 2008.
    CIPG_20150320_INYT_Siena__M3_6779.jpg
  • SIENA, ITALY - 20 MARCH 2015:  Marcello Clarich (57), President of the Monte dei Paschi di Siena Foundation, poses for a portrait at Palazzo Sansedoni (headquarters of the foundation) in Siena, Italy, on March 20th 2015. <br />
<br />
The charitable Monte dei Paschi di Siena Foundation is the bank's largest shareholder that has financed projects in the fields of economic development, art and research. Until 2014, the Foundation has entirely funded Siena Biotech, a clinical-stage drug discovery company whose  efforts are mainly focused on discovering new drugs for therapeutic intervention against neurodegenerative diseases and in oncology, such as Alzheimer’s Disease, Huntington’s Disease and Cancer.<br />
<br />
Now Siena Biotech has filed for bankruptcy proceedings, and its researchers and employees occupied the headquarters of the company based in Siena.<br />
<br />
Siena, a Tuscan city and UNESCO World Heritage Site, is home to Monte dei Paschi di Siena, the world's oldest surviving bank and Italy's third largest bank. The bank, founded in 1472, was the largest employer in Siena, and it helped finance a host of community projects and services until it stumbled during the financial crisis started in 2008.
    CIPG_20150320_INYT_Siena__M3_6777.jpg
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