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Resource ID: #14017
Subject: Organized Crime
Source: Business Week
Affiliation: 
Date: 

Description

Business Week reveals that organized crime has made shocking inroads into the small-cap stock market. The mob has established a network of stock promoters, securities dealers, and "boiler rooms" that sell stocks nationwide through hard-sell cold-calling. Wall street has become so lucrative for the Mob that it is allegedly a major source of income for high-level members of organized crime. (Dec. 16, 1996)

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