This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Italian Policemen Shot Near New Government Swearing-In

"Words thrown like stones can become bullets," Rome's right-wing mayor, Gianni Alemanno, said after the shooting.

Grillo swiftly moved to distance what he describes as a grass-roots political movement from any calls to violence.

"The movement isn't at all violent," Grillo said.

Sunday was supposed to be a hopeful day with a new government, which, only a day earlier, was forged out of two bitter political enemies. Letta's forces, with strong roots in a former Communist party as well as centrist Christian Democrats, and media mogul Silvio Berlusconi's center-right bloc had agreed after days of negotiations to a kind of truce coalition intent on economic, political and electoral reform.

Then the sound of shots pierced the happy chatter in Piazza Colonna, near a busy shopping street shortly just as Letta and his new ministers were taking their oaths at the sumptuous hall of the Quirinal presidential palace, about a kilometer (half mile) away.

Sky TG24 TV and RAI state TV each showed a split screen, on one side, the chaos of panicked people fleeing the square; on the other side, smiling ministers taking the oath of office to work for the good of the nation.

"When I heard the first shot, I turned around and saw a man standing there, some 15 meters (50 feet) away from me. He held his arm out and I saw him fire another five, six shots," AP Television cameraman Fanuel Morelli, who was amazed at what appeared to be the man's deliberate calm, said. "He was firing at the second Carabiniere, who was about 4 meters (13 feet) in front of him."

The gunman was immediately wrestled to the ground by police outside Chigi Palace, which houses the premier's office. The new ministers arrived at the premier's office about 90 minutes later, for their first Cabinet meeting, some of them coming by foot as a way to reassure the public the area was safe.

3 of 5

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs