"Mob Money," Wednesday night-June 23 at 9 PM on CNBCCNBC's "Mob Money" special doesn't always seem to be sure exactly what story it's selling, but it's got enough good stuff to feed our endless fascination with the shadowy underworld of the Mafia.
The main focus seems to be the collapse of New Jersey's DeCavalcante family, which had built up a nice, lucrative little business in the shadow of the higherprofile five families of New York.
Along the way, "Mob Money" touches on other matters, like the corporate and fiscal evolution of the mob - for instance, how it has branched out from protection rackets and no-show union jobs to more sophisticated schemes like stock manipulation.
New Jersey Mob American Greed’s Mob Money reveals the inner workings of the mob through the eyes of New Jersey’s DeCavalcante family. They were once seen as second-class mobsters living in the shadows of the bigger New York City families. But that changed in the late 1990’s when the feds busted all five New York families for racketeering. For the DeCavalcantes, the timing couldn’t have been better. Discover how the family matures, becomes success and eventually bows to its weakness and crumbles to its knees.
Organized crime activities bring in a worldwide annual income of between $50 and $90 billion…that’s more money than any major legitimate national industry. From loan-sharking and labor racketeering to illegal gambling and murder for hire to its recent invasion into Wall Street - it’s all part of the life and death business of organized crime.
American Greed Special Presentation
