MONEY LAUNDERING : GLOBAL PROBLEM CASE PRESENTATION AS PART OF LEGAL ASPECTS OF BUSINESS ‚ MBA Money laundering is the process of concealing illicit sources of money or in simple language it is the process of washing dirty money (money earned through illegal activities) to make it appear to be legitimate. Now question arises that who launders the money? No doubt‚ it is always launder by criminals. And who helps the criminals to launders the money is also a money launder. Money laundering is the
Premium Money laundering
World Changer In my discussion I will share two important definitions of world changer and include challenges that are related to health and health care needs‚ with the issues that pertain to nursing. World changer can have different meanings to many different people. The one definition that I related to personally was actually a quote from President Abraham Lincoln “ By serving others and putting others’ needs before oneself‚ only then can anyone truly impact the world with change.” - Abraham
Premium Abraham Lincoln Bill & Melinda Gates Foundation Bill Gates
FIN2110 Finance Basics for Managers Fall 2011 Time Value of Money Problems Calculating Future Values Assume you deposit $10‚000 today in an account that pays 6% interest. How much will you have in five years? = $10‚000 (FVIF of 6%‚ 5years) = $10‚000 * 1.3382 = $13‚382 Calculating Present Values Suppose you have just celebrated your 19th birthday. A rich uncle has set up a trust fund for you that will pay you $150‚000 when you turn 30. If the relevant discount
Premium Time value of money Net present value Future value
EQUATION OF MONEY NOTES by: Chadia Mathurin THE QUANTITY EQUATION The Quantity Equation states that M xV = P x T where: M: is the money supply V: the velocity of money P: the prices of goods and services T: the number of transactions made in the economy. Making this equation applicable to the macroeconomy‚ T becomes Y where PY = nominal GDP. Rearranging the Quantity Equation with V as the subject‚ we get V= PY/M THE MONEY DEMAND FUNCTION The quantity of money in an economy
Premium Inflation
ATM transactions are ideal for money laundering because launderers can use an account in the U.S. to deposit funds within the U.S. and have another person withdraw (i.e. domestic terrorist) them outside the country. Risk with ATMs involves verifying the identity of an individual for customer that may be out of the financial institutions targeted area. Transactions are usually instantaneous and the destination of cash is difficult to trace‚ especially for individuals smuggling funds to offshore
Premium Automated teller machine Debit card Cheque
American Culture: Money! Money! Money! Fast food is probably the most popular form of diet here in America. Because most of the people are busy trying to make money‚ they do not have enough time to spare to prepare a nutritious home-cooked meal. Since life these days is fast-paced‚ people settle for fast food chains located near their work place and house; fast food for breakfast‚ lunch‚ and dinner most days of the week. While reading Eric Schlosser’s best-selling book‚ the Fast Food Nation‚ it
Premium Fast Food Nation Fast food Food
LEARNING OBJECTIVES 1. Explain the motives for holding money and relate them to the interest rate that could be earned from holding alternative assets‚ such as bonds. 2. Draw a money demand curve and explain how changes in other variables may lead to shifts in the money demand curve. 3. Illustrate and explain the notion of equilibrium in the money market. 4. Use graphs to explain how changes in money demand or money supply are related to changes in the bond market‚ in interest rates‚
Premium Supply and demand Inflation Money supply
ASSIGNMENT 1 Time Value of Money: PV & FV for Single Cash Flows 1.- Is this true or false? $100 invested for 10 years at 12% interest is worth more in FV terms than $200 invested for 10 years at 4% interest. (Answer: False) 2.- Megan wants to buy a designer handbag and plans to earn the money babysitting. Suppose the interest rate is 6% and she is willing to wait one year to purchase the bag. How much babysitting money (to the nearest whole dollar) will she need to earn today to buy the bag
Premium Bond Net present value Time value of money
Wall Street: Money Never Sleeps Directed by: Oliver Stone Written by: Allan Loeb and Stephen Schiff (written by)‚ Stanley Weiser & Oliver Stone (characters) Starring: Michael Douglas‚ Shia LaBeouf‚ Josh Brolin‚ Carey Mulligan Oliver Stone’s recent output shows a man desperate to remain topical. Unfortunately‚ World Trade Center is pandering melodrama. While nowhere near the disaster it could’ve been lacked adequate perspective beyond noting we all would’ve been better off if George W. Bush
Premium
Project B: movie response Global Financial Ethics – FIN6620 The movie response that will be covered in this essay will be on the film “Wall Street Money Never Sleeps ”. It was directed by Oliver Stone‚ released during 2010 and is the sequel to the 1987 film “Wall Street”. The film starts with the release from jail of Michael Douglas’ Gordon Gekko before cutting to a rather elaborate plot involving Shia LaBeouf as the young trader with (some) scruples‚ who’s rising in a world that just happens
Premium Subprime mortgage crisis Bank