John Gotti Jr. Unable to Refinance Subprime Mortgage

A frustrated John Gotti Jr., known in the mob world as "Junior" Gotti, was unable to refinance a subprime mortgage he had taken on his Long Island home to help finance an investment in a local restaurant. Vittorio's, a local surf and turf eatery, has been looking for investors for months and "Junior" Gotti had speculated to the owner, Sal Dominio, he'd be interested in partial ownership. However, with an unfavorable lending market, Gotti is unlikely to make the investment. "Unless I find another way to borrow some money, somehow, I got no choice but to back off," mentioned Gotti.