Washington Confidential · Jack Lait
2) The Mafia’s huge cache of currency, hidden in private safe deposit
Chapter 28 of 43 · 1 min read
vaults and in banks throughout the world. Its earnings from illicit sources are so great, and come in so fast, the boys cannot invest it fast enough. They must hide most of the money because they failed to pay income tax on the major portion of it. It is no exaggeration to say they have billions of dollars in U.S. bills. With this bankroll they can bribe at will, elect many officials, and swing public opinion to incredible degrees.
3) The Syndicate’s interests in countless large legitimate businesses and industries give it a responsible, respectable voice in Washington through trade associations, lobbyists, law firms, banks, Congressmen who would do a favor for a local businessman but would not be seen dead with a gangster, and a considerable segment of the press, daily and periodical, and the radio.
4) The hoodlums’ tie-up with some labor, which came about when unions needed sluggers, or when tough guys muscled in to grab union treasurers, or used them as part of their extortion rackets. Lobbyists representing the unions are feared and toadied to.



