I’m convinced that mob attorneys found positions for family members in all the big banks back in the 1920s. They were freaking drowning in cash-flow Q1 of 1920 after going into effect on 01 Jan, 1920. Within the first cycle, the street gangsters and old money mobsters who had established themselves in city governments in the 1800s were struggling to find ways to launder their profits.
Russian Jew mobster Mayer Lansky incorporated offshore laundering in Switzerland very early on during Prohibition, because they maxed-out on domestic CONUS laundering mechanisms and business fronts very early due to limited capacity. They had networks of attorneys, bought off all the city councils, police chiefs, Congressfags, Senators, judges, and unions.
It’s why they hated what was happening to banks in the Midwest when nobodies like John Dillinger, Bonnie & Clyde, and Ma Barker’s Gang started playing Robinhood. They especially hated Dillinger because in addition to him enjoying cat and mouse, he would burn mortgage records. The Mafia was already heavily-invested in mortgages, loans, savings accounts, union dues accounts, and business loans by 1934. They were more vulnerable in the banking system than most people due to how much cash they had flowing all those years, then branched out into narcotics. They were already heavily-into prostitution, gambling, racketeering, and murder-for-hire since the 1800s.
Insurance scams and credit were just icing on the cake for them in the finance industry. They basically legitimized in as many ways as possible from all I’ve been able to gather in my personal research since the 1980s into that world.
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