Former Mafia Kingpin: Congress Just Like Us

Tuesday, March 24, 2009 10:38 AM

By: Michael Franzese

The House of Representatives passed a bill last week taxing the bonuses that were paid out to a number of AIG executives at 90 percent. I heard a congresswoman from New York say that congress was "acting in record time" to protect the major shareholders of the company, the American people, against the unbridled greed of the AIG executives.

After all, the government should be calling the shots now. It’s what I would have done when I was on the streets.

Twenty years ago, I would have applauded the government’s move to control the AIG bigwigs. When I was doing business for the Colombo Crime Family, I would often "bail out" a failing company. When the boss had nowhere to go, when no legit lender would lend him a dime, or when his suppliers were threatening to throw him into bankruptcy, he came to me. Mob guys looked for business opportunities like this every day. Great way for us to own a business.

Once the owner took my money, or used my name, I owned him. He wasn’t about to get a pay hike when he owed me money. He wasn’t buying a new car or taking any paid vacations either. I didn’t care how hard he worked. And if he didn’t toe the line, I would throw him out and take the company over.

From what I’m hearing, the government knew about the bonuses some time ago. Some of them even approved of the payouts. Some of them even got campaign contributions from the AIG exec’s. So the tax thing was a good cover up. Good work, guys! It’s a move right out of Machiavelli’s play book.

You know Machiavelli? He’s the Mafia’s champion. As a former capo regime of La Cosa Nostra’s Colombo Crime family, I am very familiar with Machiavelli. For almost 20 years, I lived and conducted business under his philosophy.

“A Prince must have a mind disposed to turn itself about as the winds, able to do good when he can and evil when he must,â€