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Competitors could certainly copy the Xilion, but building the machines to produce high volumes?Swarovski says its loose-stone production is in the double-digit billions???is the obstacle. "You could hire 200,000 people in China, and they would do the same quantity for probably a lower price," says Buchbauer. "But you could never, ever come out with the same quality. You could never achieve the same standardization...

Author: /time Magazine | Title: Cutting Edge | 9/11/2006 | See Source »

...LOAN-SHARKING OR USURY nets several billions???it is impossible to say how many?in revenue for the Mob. Dollar for dollar, usury is LCN's best investment; though the gross is lower than it is in gambling, profit is higher. Interest rates commonly run at 20% per week, or, in the Mob's words, "six for five"?borrow $5 on Monday and pay back $6 by Saturday noon, the normal deadline. Borrowers are frequently gamblers who have lost heavily or hope to make a big strike, but they also include factory workers, businessmen on the verge of bankruptcy...

Author: /time Magazine | Title: Nation: THE CONGLOMERATE OF CRIME | 8/22/1969 | See Source »

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