Umm, Sallie Mae and Citibank? Any loans companies really. They've become loan sharks. Half of my salary goes towards student loans with no chance of lowering payments, deferment, or bankruptcy. I have a bachelors and am using my degree in a great career, and yet I'm living like someone who works in fast food. Seems a bit unfair.
on 2012-Jan-20 03:11:02 ned said
THE Mafia is now Italy's biggest business enterprise, with an annual turnover of €140 billion ($A174 billion), according to an authoritative report.
The country's four Mafia groups have broken out of their traditional strongholds and spread across the whole country, taking advantage of the economic crisis to snap up ailing businesses and ramp up their loan-shark operations.
They have estimated cash reserves of €65 billion and estimated annual profits of €100 billion, about 7 per cent of Italy's GDP, says a study released by Confesercenti, an employers' association.
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It seems the average mobster is no longer a machinegun-toting hoodlum but a savvy businessman with a smart phone and a sophisticated knowledge of finance. ''Mafia Inc is Italy's No.1 bank with €65 billion in liquidity,'' the association said in its report, Criminality's Grip on Business.
on 2012-Jan-11 22:32:26 FairRabbit said 