I dont remember the whole story but i think that it was old time Outfit made member Dominick Brancato (hitman since the 1930s and one of the infamous "Three Doms") was caught stealing in some shop while he was an old man. I mean how low can you get and the whole "men of honor" thing goes out the window.

Mongol General: Conan, what is best in life?

Conan: To crush your enemies, see them driven before you, and to hear the lamentations of their women.