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The Mafia Still Holds Sway in Italy

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As Corridors of Power reported this week, a recent report from an Italian retailers association revealed the incredible extent to which the mafia still plagues the southern Italian economy: TONY SOPRANO, EAT YOUR HEART OUT — Italy’s harassed store owners paid $8.5 billion in protection money to organized crime in one year, almost all of it in the south and Sicily, where the Mafia and its Neapolitan counterpart, the Camorra, hold sway. About 160,000 businesses were targeted throughout the country, according to the Italian retailers association, Confesercenti. Loan sharks took in double that amount: $17.1 billion. From 2004-2006 Mafia loan […]

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