The Valachi PapersThe First Inside Account of the Mafia In the 1960s a disgruntled soldier in New York's Genovese Crime Family decided to spill his guts. His name was Joseph Valachi. Daring to break the Mob's code of silence for the first time, Valachi detailed the organization of organized crimefrom the capos, or bosses, of every Family, to the hit men who "clipped" rivals and turncoats. With a phenomenal memory for names, dates, addresses, phone numbers -- and where the bodies were buried -- Joe Valachi provided the chilling facts that led to the arrest and conviction of America's major crime figures. The rest is history. Never again would the Mob be protected by secrecy. For the Mafia, Valachi's name would become synonymous with betrayal. But his stunning exposÉ . broke the back of America's Cosa Nostra and stands I today as the classic about America's Mob, a fascinat ing tale of power and terror, big money, crime ... and murder. |
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Page 79
They operated two or three nights a week , and their total “ swag , ” as he calls it , averaged about $ 1,500 a week . “ It didn't leave so much when we split it up , ” he says , " but it kept us going , existing , and that was all I ...
They operated two or three nights a week , and their total “ swag , ” as he calls it , averaged about $ 1,500 a week . “ It didn't leave so much when we split it up , ” he says , " but it kept us going , existing , and that was all I ...
Page 159
The loans went for 20 percent interest , which is what we call vigorish . Take an example . You loan out $ 1,000 and the guy is supposed to pay back $ 100 a week for twelve weeks . The $ 200 you make is the vigorish .
The loans went for 20 percent interest , which is what we call vigorish . Take an example . You loan out $ 1,000 and the guy is supposed to pay back $ 100 a week for twelve weeks . The $ 200 you make is the vigorish .
Page 160
What's the difference if I let somebody skip for a week ? My other money is circulating , so I am not going to worry about this particular person that has gotten in trouble , maybe a bookmaker who has got hit hard .
What's the difference if I let somebody skip for a week ? My other money is circulating , so I am not going to worry about this particular person that has gotten in trouble , maybe a bookmaker who has got hit hard .
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