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The mafia is Italy's biggest bank

Italian policemen escort to jail mafia boss Giuseppe Dell'Aquila in Naples on May 25, 2011. A new report shows that the mafia is now technically Italy's biggest bank.

This final note today, the Cosa Nostra edition. A report out in Italy earlier this week says the mafia is that country's biggest bank. Apparently, it's been making big gains during the European debt crisis: more loans -- if you can call 'em that -- to people who can't get cash elsewhere.

The mob, according to the Italian firm SOS Impressa, does $178 billion worth of business a year. Profit margin's about 60 percent.

About the author

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy.
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