I'm going with Michael Smolensky's answer, since I heard that phrase from a brash loudmouth of an investment banker to mean in [greater] detail.. (Printers like me, who are the lowest form of animal life to bankers, wondered if the 'granular' meant wheat, bran, rye or just plain chaff...)
Definitions for thugging. Here are all the possible meanings and translations of the word thugging. Wiktionary(0.00 / 0 votes)Rate this definition: thugging(Noun) thuggery; the behaviour of a thug.
Gangsters do use thuggery, but a thug could be a free agent and his motive might even be indiscriminate violence for its own sake, whereas a gangster usually has an agenda.