The synthesis of fullerenol with various degrees of hydroxylation and the use of a low hydroxylated product to form stable Langmuir films are reported in this work, along with the optical and electrical properties of Langmuir-Blodgett (LB) films obtained on glass and polyaniline (PANI) substrates. The data suggest that an average of 9-12 hydroxyl groups are bound preferentially on one side of the C-60 cage and this allows the formation of stable two-layer films at the air/water interface. The large anisotropy of the hydroxylated molecule provides organized LB films of the type substrate-(D-C-60-D-C-60-)(n), with D representing the hydroxyl groups. The electrical conductivity of LB films deposited on glass is equivalent to that reported for highly conductive polymeric C-60 but several orders of magnitude higher than that for disordered fullerenol pellets. UV-vis absorptions provide evidence that fullerenol layers cause the deprotonation of PANI, rendering a polymer with low conductivity. The loss of conductivity disagrees with the behavior expected for a donor (PANI)/acceptor (fullerenol) interface, even though current-voltage (I-V) curves of fullerenol(LB)/PANI junctions indicate some degree of electrical rectification. Additionally, transients observed at large bias on the I-V curves agree with the reported proton conductivity of fullerenol.