The Teamster fund gave better returns under the Mafia than under Wall Street!
-
-
the mob is in the business of making money, not just stealing it
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Jimmy Hoffa wasn't murdered because he was about to disclose that the Central States Pension Fund was a well-run operation doing right by its pensioners.
-
Under Mafia control CSPF put about 90% of its investments in sketchy real estate deals and simply let a third of them default.
End of conversation
New conversation -
-
-
I mean it all comes down to the size of the straw used to siphon money out. Mobsters probably had to consider tax laws and not appearing too ostentatious to trigger investigations ... so more of margins theft; steal funds for a car for example?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.