Mafia is now Italy's 'biggest bank' and squeezing the life out of small business thru extortion

[snagglepuss]

snip

According to a report titled Criminality's Grip On Business, the various Mafia groups across Italy make a profit of around £116 billion a year - a figure equivalent to seven per cent of the country's GDP.

It is a massive amount of money leaving the economy and passing from businesses straight into the pockets of gangsters.

The report said that 'every minute' a business or commercial activity was directly affected by organised crime - with no part of the country escaping, and with a surge of activity in the capital Rome.


snip

The report said extortionate money lending had become an easy and lucrative way to make money - compared to the more traditional means of drug running, arms smuggling, prostitution and gambling.


Read more: http://www.dailymail.co.uk/news/article-2085209/Mafia-Italys-No-1-bank-profits-100bn-year.html#ixzz1jBTaOkTl

[MadHound]

1. Only seven percent? That's better than the US,

Where ten percent of our GDP is made up of the black market of drugs, guns, prostitution, etc. etc.

[SixthSense]

2. Mafia or bankers?

at least the Mafia reportedly has a sense of honor

[Hugabear]

3. The only difference between bankers and mobsters

Bankers won't send someone out to kill you. Instead,they'll throw you out of your house and into the streets, force you to fend for yourself - a much slower death sentence.