This Telecom Italia situation is getting very strange and emotionally charged. Keith believes the whole thing is a politically motivated ruse. If it is, it may have unforeseen consequences. A Reuters story (which I can't find in their site right now) drew my attention to Italian comedian Beppe Grillo, who has already organized a campaign to oust the management by getting shareholders to transfer their voting rights to him:
"Let me enjoy this. Rise above the humiliations that have been suffered in recent years as users and as shareholders. The Board of Directors sacked by its real shareholders through a comic. Something that has never in the world been seen before. An 11 September of the capitalists without capital that weigh on our society."