The ‘Codfather’ is behind bars, and New Bedford’s economy is paying the price

From the icehouse to the auction house, a pall hangs over the fabled wharves in New Bedford. As the new fishing season begins, many of the city’s fishermen are unemployed, their suppliers stuck with excess inventory, and local officials are questioning whether the millions of dollars in lost revenue will cost the port its ranking as the nation’s most valuable, as it has been for the past 17 years. “It’s devastating what’s happened to us, and other businesses here,” said Tor Bendiksen, the manager of Reidar’s, a marine supply company. >click to read< 08:25

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