Howard Beach 1987 - Ronnie G quote

[Grouchy Sinatra]

Why aren't there more Italian neighborhoods? Why did so many Italians leave these neighborhoods for typical suburbs?

[johnny_scootch]

Why did so many Italians leave these neighborhoods for typical suburbs?

For a better life, same reason everyone else moves there.

[Grouchy Sinatra]

Why did so many Italians leave these neighborhoods for typical suburbs?

For a better life, same reason everyone else moves there.

So those that stay in these bastions of Italian American culture don't want a better life?

[bert]

speaking of Ronnie G, the kid Gene Borrello just did an hour long interview for a podcast. not the Alite Vlad TV thing, an hour in full on his own. honestly a great interview. talks a little about Ronnie (Ronnie dropped out of school in 9th grade, Ronnie at his peak was collecting $30k a week in interest from his loans every friday, Ronnie was functionally retarded but knew how to make money) and goes into his own background. nothing too new compared to whats already in public record but its a good interview

im typing from a phone so i cant check but just search gene borrello on youtube and its one of the first results

That 30 grand a week in interest figure is him outright lying. He's doing what rats do now, internet videos. They are all over the place, with Alite seeming to do the most.

[newera_212]

places like howard beach, auburndale, throggs neck, mill basin, shit... basically most of staten island... those are basically suburbs themselves. people moved from more dense areas to there. outside of gravesend all the italian ‘strongholds’ that are within city limits are the most suburban parts of the city

[gohnjotti]

speaking of Ronnie G, the kid Gene Borrello just did an hour long interview for a podcast. not the Alite Vlad TV thing, an hour in full on his own. honestly a great interview. talks a little about Ronnie (Ronnie dropped out of school in 9th grade, Ronnie at his peak was collecting $30k a week in interest from his loans every friday, Ronnie was functionally retarded but knew how to make money) and goes into his own background. nothing too new compared to whats already in public record but its a good interview

im typing from a phone so i cant check but just search gene borrello on youtube and its one of the first results

That 30 grand a week in interest figure is him outright lying. He's doing what rats do now, internet videos. They are all over the place, with Alite seeming to do the most.

I don’t think it’s far fetched at all considering Giallenzo was an incredibly prolific loanshark. If I could poke holes in Borrello’s story, the 30k figure is not where I’d start.

[johnny_scootch]

Why did so many Italians leave these neighborhoods for typical suburbs?

For a better life, same reason everyone else moves there.

So those that stay in these bastions of Italian American culture don't want a better life?

Some people are content but most aren't.

[bert]

speaking of Ronnie G, the kid Gene Borrello just did an hour long interview for a podcast. not the Alite Vlad TV thing, an hour in full on his own. honestly a great interview. talks a little about Ronnie (Ronnie dropped out of school in 9th grade, Ronnie at his peak was collecting $30k a week in interest from his loans every friday, Ronnie was functionally retarded but knew how to make money) and goes into his own background. nothing too new compared to whats already in public record but its a good interview

im typing from a phone so i cant check but just search gene borrello on youtube and its one of the first results

That 30 grand a week in interest figure is him outright lying. He's doing what rats do now, internet videos. They are all over the place, with Alite seeming to do the most.

I don’t think it’s far fetched at all considering Giallenzo was an incredibly prolific loanshark. If I could poke holes in Borrello’s story, the 30k figure is not where I’d start.

He'd have to have a steady stream of over a million dollars loaned out at all times to collect that much. That's my reason for doubting it, the figure jumped out at me.

I'm curious on this Gohn:

If I could poke holes in Borrello’s story, the 30k figure is not where I’d start

.


Where is it you would start on his story? Thanks.

[Wiseguy]

speaking of Ronnie G, the kid Gene Borrello just did an hour long interview for a podcast. not the Alite Vlad TV thing, an hour in full on his own. honestly a great interview. talks a little about Ronnie (Ronnie dropped out of school in 9th grade, Ronnie at his peak was collecting $30k a week in interest from his loans every friday, Ronnie was functionally retarded but knew how to make money) and goes into his own background. nothing too new compared to whats already in public record but its a good interview

im typing from a phone so i cant check but just search gene borrello on youtube and its one of the first results

That 30 grand a week in interest figure is him outright lying. He's doing what rats do now, internet videos. They are all over the place, with Alite seeming to do the most.

I don’t think it’s far fetched at all considering Giallenzo was an incredibly prolific loanshark. If I could poke holes in Borrello’s story, the 30k figure is not where I’d start.

Just theorizing here but, at a minimal 2% weekly vig, Giallanzo would have $1.5 million on the street to bring in $30,000 a week. Not impossible at all, especially if that was built up over time.

[gohnjotti]

speaking of Ronnie G, the kid Gene Borrello just did an hour long interview for a podcast. not the Alite Vlad TV thing, an hour in full on his own. honestly a great interview. talks a little about Ronnie (Ronnie dropped out of school in 9th grade, Ronnie at his peak was collecting $30k a week in interest from his loans every friday, Ronnie was functionally retarded but knew how to make money) and goes into his own background. nothing too new compared to whats already in public record but its a good interview

im typing from a phone so i cant check but just search gene borrello on youtube and its one of the first results

That 30 grand a week in interest figure is him outright lying. He's doing what rats do now, internet videos. They are all over the place, with Alite seeming to do the most.

I don’t think it’s far fetched at all considering Giallenzo was an incredibly prolific loanshark. If I could poke holes in Borrello’s story, the 30k figure is not where I’d start.

Just theorizing here but, at a minimal 2% weekly vig, Giallanzo would have $1.5 million on the street to bring in $30,000 a week. Not impossible at all, especially if that was built up over time.

The government gave a figure for Ronnie G’s loanshark book when they busted him in 2017 IIRC. The Justice Department will have it on their website.

Re. @bert, I don’t think the 30k figure is off course, and I think Ronnie G was definitely a very powerful mobster while he was on the streets, and his on-paper wealth, like his multimillion-dollar house renovation, proves that.

I haven’t watched enough of Gene Borrello, but he was a one-man crime wave who was involved in the slimiest of rackets while he was on the street. Robbing drug dealers and loan sharks, like fellow crew member Bam Cotrone. I don’t know, just slimy stuff, and I don’t buy that Gotti or anyone else was reporting to him.

[Bklyn21]

Ricky Kessler and Ronnie G , Today Ricky ratted on everyone and Ronnie is sitting behind bars away from his Howard Beach enclave where he was comfortable and safe from all the "Blacks" I wonder how Ronnie feels in prison ? Lmao , You'd think the guy woulda did something different in life , Now he lives in a majority black neighborhood at his designated prison , How Ironic ! I can't stand HB and racists

Speaking of being safe from all the blacks by living in Howard beach I heard a rumor and I don't live in Howard beach so I can't say for sure but I heard biggie smalls daughter bought a house there. Supposedly the next door neighbors immediately put there house up for sale and she bought that one too!
Now 3 or 4 houses on the block have for sale signs up.

Do we have any howard beach guys who could confirm this? sounds ridiculous enough to be true.

That's Sad , And funny at the same time ! First time in hearing this . I'm not from over there either

[bert]

speaking of Ronnie G, the kid Gene Borrello just did an hour long interview for a podcast. not the Alite Vlad TV thing, an hour in full on his own. honestly a great interview. talks a little about Ronnie (Ronnie dropped out of school in 9th grade, Ronnie at his peak was collecting $30k a week in interest from his loans every friday, Ronnie was functionally retarded but knew how to make money) and goes into his own background. nothing too new compared to whats already in public record but its a good interview

im typing from a phone so i cant check but just search gene borrello on youtube and its one of the first results

That 30 grand a week in interest figure is him outright lying. He's doing what rats do now, internet videos. They are all over the place, with Alite seeming to do the most.

I don’t think it’s far fetched at all considering Giallenzo was an incredibly prolific loanshark. If I could poke holes in Borrello’s story, the 30k figure is not where I’d start.

Just theorizing here but, at a minimal 2% weekly vig, Giallanzo would have $1.5 million on the street to bring in $30,000 a week. Not impossible at all, especially if that was built up over time.

But the money does not build up, it usually is paid off or converted to a payment form. He would have to have people never paying back and paying the interest, or have a constant 1.5 million out in loans. That's not realistic,

[gohnjotti]

speaking of Ronnie G, the kid Gene Borrello just did an hour long interview for a podcast. not the Alite Vlad TV thing, an hour in full on his own. honestly a great interview. talks a little about Ronnie (Ronnie dropped out of school in 9th grade, Ronnie at his peak was collecting $30k a week in interest from his loans every friday, Ronnie was functionally retarded but knew how to make money) and goes into his own background. nothing too new compared to whats already in public record but its a good interview

im typing from a phone so i cant check but just search gene borrello on youtube and its one of the first results

That 30 grand a week in interest figure is him outright lying. He's doing what rats do now, internet videos. They are all over the place, with Alite seeming to do the most.

I don’t think it’s far fetched at all considering Giallenzo was an incredibly prolific loanshark. If I could poke holes in Borrello’s story, the 30k figure is not where I’d start.

Just theorizing here but, at a minimal 2% weekly vig, Giallanzo would have $1.5 million on the street to bring in $30,000 a week. Not impossible at all, especially if that was built up over time.

But the money does not build up, it usually is paid off or converted to a payment form. He would have to have people never paying back and paying the interest, or have a constant 1.5 million out in loans. That's not realistic,

Most of them would be in loans to his crew, who would push it out onto the streets as street-level loansharks, like Festa and Palmaccio (who was involved in a big online gambling operation, which might tie into the loansharking even more). Bear in mind that even street-level loansharks, like low-level Colombo associate John Floridia, could have hundreds of thousands of dollars on the street.

[Confederate]

speaking of Ronnie G, the kid Gene Borrello just did an hour long interview for a podcast. not the Alite Vlad TV thing, an hour in full on his own. honestly a great interview. talks a little about Ronnie (Ronnie dropped out of school in 9th grade, Ronnie at his peak was collecting $30k a week in interest from his loans every friday, Ronnie was functionally retarded but knew how to make money) and goes into his own background. nothing too new compared to whats already in public record but its a good interview

im typing from a phone so i cant check but just search gene borrello on youtube and its one of the first results

That 30 grand a week in interest figure is him outright lying. He's doing what rats do now, internet videos. They are all over the place, with Alite seeming to do the most.

I don’t think it’s far fetched at all considering Giallenzo was an incredibly prolific loanshark. If I could poke holes in Borrello’s story, the 30k figure is not where I’d start.

Just theorizing here but, at a minimal 2% weekly vig, Giallanzo would have $1.5 million on the street to bring in $30,000 a week. Not impossible at all, especially if that was built up over time.

But the money does not build up, it usually is paid off or converted to a payment form. He would have to have people never paying back and paying the interest, or have a constant 1.5 million out in loans. That's not realistic,

Most of them would be in loans to his crew, who would push it out onto the streets as street-level loansharks, like Festa and Palmaccio (who was involved in a big online gambling operation, which might tie into the loansharking even more). Bear in mind that even street-level loansharks, like low-level Colombo associate John Floridia, could have hundreds of thousands of dollars on the street.

Don't forget all the bad debts that happen. Not every loan is successful. Even when most all the loans are successfully collected, other bad things happen. One example would be when Frank Calabrese buried several hundred thousand in the ground and when the money was unearthed, it had deteriorated so badly that it was useless. Also, sometimes a few of the "collectors" steal money or lie & say the borrower never paid. A lot of things go badly for Mob guys all the time. They are by no means "infallible" to different kinds of problems. That all has to be considered when these big numbers get thrown around so easily. Just sayin....

[Wiseguy]

But the money does not build up, it usually is paid off or converted to a payment form. He would have to have people never paying back and paying the interest, or have a constant 1.5 million out in loans. That's not realistic,

Why isn't it realistic? You talk like most of that $1.5 million is interest built on to original loans, when that's not necessarily the case.

I realize your position has always been Italian gangsters are paupers without two nickels to rub together, and the Chinese are rule the world, but c'mon.

Don't forget all the bad debts that happen. Not every loan is successful. Even when most all the loans are successfully collected, other bad things happen. One example would be when Frank Calabrese buried several hundred thousand in the ground and when the money was unearthed, it had deteriorated so badly that it was useless. Also, sometimes a few of the "collectors" steal money or lie & say the borrower never paid. A lot of things go badly for Mob guys all the time. They are by no means "infallible" to different kinds of problems. That all has to be considered when these big numbers get thrown around so easily. Just sayin....

The point is, it's not necessarily that big of a number. Gravano had $2 million in loans on the street and that was 30 years ago. That would be close to $4 million today. So the Giallanzo crew having $1.5 million on the street today, and collecting $30,000 a week in interest, is not an unfathomable idea.