Wednesday, May 6, 2009

More Troubles for Italy

Your fancy vacation in Italymay come to courtesy of the mob, according to Independent World.

Well known to readers of this blog, various organized crime gangs in Italy are making massive inroads into that society. Although these organizations historically have been based in Italy's rural south, this article describes how the mob is moving into Italy's more urban, sophisticated north. This article highlights how the mob now is moving into Italy's vaunted tourist and fashion sectors.

The article states:

These mobsters have lots of what is in short supply these days – liquidity – as well as centuries-honed expertise in preying on the vulnerable. It means the mob is free to sink cash into two areas at the heart of the global meltdown: property and credit markets.

Memorize this.

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