Billionaire Bad Boy Italian Premier Silvio Berlusconi Resigns


Nov. 12 2011, Published 6:47 a.m. ET

Link to FacebookShare to TwitterShare to Email

By Radar Staff

He survived being accused of paying a 17-year-old for sex (a criminal case is still pending), throwing what came to be known as "bunga bunga" parties, having countless affairs, and hanging out with madman Muammar Gaddafi -- but the collapsing Italian economy -- that was another matter entirely.

Silvio Berlusconi resigned as Saturday, and as his motorcade entered the presidential palace for his official departure, Italians shouted "Buffoon" amid signs saying "Shame" and "Get Out."

Article continues below advertisement

New austerity programs are immediately being put in place throughout Italy.  The dream that everyone could be as wealthy as the 75-year-old Berlusconi -- the campaign that got him elected 17 years ago -- is over.



© Copyright 2022 Radar Media Group LLC. Radar and RadarOnline are registered trademarks. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.