The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: SG who wrote (109855)	1/10/2012 4:43:35 PM
From: Bocor	Read Replies (1) of 110194

The Mafia has taken advantage of Italy's banking woes to grab market share in the lending business. No more Mustache Petes, the business is more likely done by bankers, lawyers, and notaries. An anti-crime group estimates the mob has €65B in liquidity, making it the largest bank in Italy; no word on its exposure to Italian sovereign debt or if it has access to the ECB borrowing window. seekingalpha.com

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