A lesson from The Godfather as Wall Street backs crypto assets it once dismissed as a ‘fraud’ – The Irish Times
One of the joys of writing a weekly column is the unusual tributaries explored, often sparked by real-world events. Today I’ve been watching old clips of The Godfather, in particular Marlon Brando’s extraordinary performance as Don Vito, head of the Corleone family. In one of the film’s subplots, Vito shuns the narcotics trade, preferring the steady vice of gambling. From a moral position, he rejects family involvement in the more lucrative but dirtier business of drug dealing. Despite the old man’s misgivings, eventually his sons get the family into drugs because that is where they’ll find new and apparently easy money.
Easy money has always been a powerful financial aphrodisiac. Scenes from The Godfather come to mind as we…