Organizational Communication in the News

Case Studies of Organizations and Organizational Communication in the Media

Mafia Now the Biggest ‘Bank’ In Italy Thanks To Euro Crisis


Organised crime groups like the Sicilian Cosa Nostra, the Naples Camorra or the Calabrian ‘Ndrangheta have long had a stranglehold on the Italian economy, generating profits equivalent to about 7 percent of national output. Extortionate lending had become an increasingly sophisticated and lucrative source of income, alongside drug trafficking, arms smuggling, prostitution, gambling and racketeering, the report said…  Old style gangsters handing out cash in bars and pool halls had been replaced by apparently respectable bankers, lawyers or notaries, the report said.

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This entry was posted on January 10, 2012 by in Culture, Ethics, Organizational Change and tagged , , , .

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