Banking on the Italian Mafia
The Leonard Lopate Show | May 10, 2010
The credit crisis has made Italian banks less willing to give out loans. Desperate for cash, many Italian businesses are starting to turn to the Mafia for financing. Washington Post Foreign Correspondent Mary Jordan explains what this means for the Mafia and what happens to the debtors when a loan payment is due. You can read Ms. Jordan’s article on mafia financing here
