Mafia now Italy's #1 bank.
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Author Topic: Mafia now Italy's #1 bank.  (Read 421 times)
Tetro Kornbluth
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« on: January 15, 2012, 11:39:16 AM »
http://mobile.reuters.com/article/topNews/idUSTRE8091YX20120110

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Thoughts?
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Gustaf
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« Reply #1 on: January 15, 2012, 01:20:48 PM »
Well, institutional theory does predict "private institutions" to take over when the state fails, so I guess it isn't that surprising.

Be interesting to formalize this. I'm guessing it is exactly the Mafia's reliance on extortion that makes it possible for them to lend money.
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I'm JewCon in name only.
Klecly
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« Reply #2 on: January 15, 2012, 05:01:44 PM »
Wow. That's  crazy, but not really surprising I guess.
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Snowstalker Mk. II
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« Reply #3 on: January 15, 2012, 07:19:45 PM »
At this point the Mafia is probably one of the less corrupt Italian institutions.
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