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The 10 Sep.1969 the MLN-T kidnaped Gaetano Pellegrini Gianpietro owner of the Banco del Trabajo Italo Americano.
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A decade before the internal restructuring, at the end of the fifties, a fundamental event had occurred in the League. An event related to its power as a national institution. An event of which we know its initial success but we do not know its later trajectory, although we know that it was ephemeral. We refer to the creation of the Construction Banking Department.
It was an institution that operated within the Banco del Trabajo Ítalo Americano [BTIA], already installed in the plaza. The idea appeared in December 1956, in the context of a crisis in the sector. Engineer Kurt Neumann, secretary of the League, believed that the creation of a construction bank could be studied, since the existing ones "do not help the construction industry as necessary." In response to this, Vitacca responded that this was an old aspiration of the League.70
In the sessions of May and July 1957, the subject was discussed again. There is evidence of a significant degree of progress and concreteness as a result of the efforts of the Roundtable. Initially, three possibilities were put forward: forming a construction bank, forming a cooperative, or creating a construction section within an existing bank. This last option was considered to be the most viable. It was then explained that, among the local banks whose profile coincided with the interests of the LC, the BTIA was the one that showed the greatest interest in the operation and offered optimal conditions for entering into an agreement…..
