The Rise of commercial banking

The Chicago Outfit, also known as the Outfit, the Chicago Mafia, the Chicago Mob, the Chicago crime family, the South Side Gang or the Organization, is an Italian American Mafia crime family based in Chicago, Illinois, and throughout the Greater Chicago area, originating in the city's South Side in the early 1910s. The Outfit rose to power in the 1920s under the control of Johnny Torrio and Al Capone, and the period was marked by bloody gang wars for control of the distribution of illegal alcohol during Prohibition. The Outfit's power was solidified by Capone's leadership, consolidating the family into the larger American Mafia. Since then, the Outfit has been involved in a wide range of criminal activities, including loansharking, illegal gambling, prostitution, extortion, political corruption and murder. Capone was convicted of income tax evasion in 1931 and the Outfit was next run by Paul Ricca.