Originally Posted by Malavita
Do you know what exactly is the policy regarding kicking up or not your loansharking profits ?

In his book, Gravano said that a made guy could keep all his loan shark profit.

In his book, D'Arco said that when Paul Vario died, Amuso and Casso told him to collect his loans and kick up some of it to them.

To me, it would make sense to kick up some of your profit because the made guy status plays a big role in the success of your loansharking. As a made guy, you can get loans at a low rates (1 or 2% vig) and then reloan it at hiher rate. It's also easier to collect your loans because only a few people will be brave or stupid enough to try to screw a made guy. Besides, your position is pretty much guaranteed as other loansharks will not try to steal your clientele. So, ultimatley, it's an activity where you can really benefit from your made guy status.


On an other related subject, i was intrigued by what John Pennisi said about the fact that Lorenzo Mannino and Tall Pete Inzerillo would send him customers for his loanshark business. Why would high ranking members from another family be willing to give away their customers ?


Hi Malavita. I think the proper answer to your question is that just like every other racket run by street guys, the percentage that you kick up varies from guy to guy, racket to racket, and superior to superior.

Depending upon if you found and developed the racket, financed it yourself, ran it yourself, and handled any problems yourself..... then more times than not you kicked up what you felt you wanted to. But obviously the more you kick up, the more you are loved and "respected" if I may be so bold. You are "on your own" so to speak. Good or bad.

On the other hand, if it is a racket operation that is given to you to run by the Family, then your capo or direct superior (whoever that may be) will tell you what you gotta turn in each week. After all, its a gift that you were handed and considered "found" money in your pocket.

It is called "servicing" a business or the racket. It's NOT yours. It belongs to the borgata, and you've been given the privilege of "servicing" it for the Family. So you are told how much % you get. In my experience, most crews allow a soldier to retain 25%. The other 75% gets turned into the family (split between your skipper and the hierarchy).

But if it's a big money producer, you may just be put on a straight salary such as $1000 week or $1500 a week. Everything else gets kicked upstairs.

So there is really no "set in stone" rule on this sort of thing. It very subjective. And it largely depends on how generous or greedy the bosses are.