BaZ sale: Tettamanti has made a "small profit"

According to his own statements, Ticino financier Tito Tettamanti made a «small profit» on the sale of the Basler Zeitung (BaZ). However, it was certainly not the deal of a lifetime, Tettamanti said.

The 80-year-old lawyer came down hard on the people of Basel. A militant minority had turned the city, which prides itself on being cosmopolitan, into a hypocritical provincial town, said Tettamanti on Thursday in the "Modem" program on the radio station of Italian-speaking Switzerland (RSI), according to SDA. Intolerance towards other opinions is a sign of a lack of intelligence. Basel had been shamed and humiliated. An intellectual monoculture reigned at the Rhine bend. Tettamanti compared the situation to communism after the Second World War.
In Basel, the Ticino native has become an "enemy of the people" in his own opinion. He can cope with the fact that the anger was directed at him personally: "If people on the street like it, then I'm a loser. If a head needs to roll to restore a relationship of trust, then it should roll." Tettamanti went on to say that he had decided to withdraw in the interests of the company. He described the sale of BaZ to Crossair founder Moritz Suter as the ideal solution. He hoped that everyone would now be satisfied and that the situation would return to normal. "The editorial team has the right to be able to work in peace," said Tettamanti.

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