.... maintain control over the proceeds and, so, provide a legitimate cover for their source of income. J.D. Mclean defined money laundering in the International Judicial Assistance as: "Although the proceeds of crime will be kept as capital for further criminal ventures, the sophisticated offender will wish to use the rest for other purposes. If this is to done without running a risk of detection, the money which represents the proceeds of the original crime must be "laundered"; put into a state in which it appears to have an entirely respectable provenance" It is important to bear in mind t .....

.... item that senior human resource managers felt a challenge was pay equity. Specifically, high executive compensation compared to the wages paid to regular employees. It will be a challenge to manage the whole compensation process. The consensus of the group was that executive pay would have to move back to a more equitable distribution or the rank- and-file employees would be bitter and there could be a backlash. I disagree that this is a human resource manager problem. I think that CEOs should address this problem. In reality we are talking about equitable pay between upper managem .....

.... of inefficient balance of payments facilitated by depreciation of its currency. By competitively depreciating its currencies, Asia is exporting its deflation, its overcapacity and its lack of growth to the West, particularly to the US. History The past ten or fifteen years have seen an unprecedented expansion in the extent to which the countries of the world are tied together, both by instant communication and by international trade, institutions, and markets, including financial markets. On the whole, this process of globalization has been an enormously positive development. It has open .....

.... the bicycle shop that gave him much of his business training. II. The History of Toys "R" Us During the post war years of the late forties and early fifties, Charles Lazarus anticipated the baby boom because many soldiers were being discharged from the Army and were beginning to start families. In 1948, he borrowed $2,000 and started his first business, selling baby furniture. His first shop was 40 feet by 60 feet, filled with cribs and baby furniture. After two years of operation, Lazarus realized that many customers had been asking if he stocked baby toys, to which he always re .....

.... such as interest rates. 2. What does the crisis of September 1992 tell you about the weakness of fixed exchange rate regimes? From European currency crisis of September 1992, it shows us that there are weakness of the fixed exchange rate system. When exchange rate are tied, a high interest rate in one country has a strong influence on interest rates in the other countries. Funds will flow to the country with a more attractive interest rate, which reduces the supply of fund in the other countries and places upward pressure on their interest rates. The flow of fund would continue until .....

.... as open market operations influences money and credit operations by buying and selling of government securities on the open market. This is used to control overall money supply. If the Fed believes there is not enough money in circulation, then they will buy the securities from member banks. If the Fed believes there is too much money in the economy, they will sell the securities back to the banks. Because it is easier to make gradual changes in the supply of money, open market operations are use more regularly than monetary policy. When member banks want to raise money, they can borrow .....

.... historical continuity. If the Dow were an average,as it once was,it would be determined with simple math skills:by adding up the prices of its companies shares,dividing that by thirty. But the stock market can sometimes be to hectic for basic math. The most frequent reason for this is a stock split. Suppose a company in the DJIA issues one new share for each share outstanding. After this two- for-one "split," each share of stock is worth half what it was immediately before, other things being equal. But without an adjustment in the divisor, this split would produce a distortion in the .....

.... polled disapprove of the current performance by Congress, and most blamed politicians for failure to take action (Cloud 3709). These accusations of failure to follow through come with historical proof that Congress and Clinton have failed to compromise and resolve the issue. After all, current budget plans are dependent on somewhat unrealistic predictions of avoiding such catastrophes as recession, national disasters, etc., and include minor loopholes. History has shown that every budget agreement that has failed was too lax. One might remember the Gramm-Rudman-Hollings bill that attem .....

.... Insurance Funk for thrift institutions that were previously insured by the FSLIC. When an institution is closed by chartering authority, the FDIC makes payment of insured deposits to all of the failed institution’s depositors as soon as possible, usually on the next business day after the closing of the institution. The depositors who have funds in excess of the insurance limits receive the insured portion of their funds. They may also receive a portion of their uninsured funds either at that time or as the assets of the failed institutions is liquidated. The major jobs of the corporat .....

.... airline companies that also carry cargo. And then there are “all-cargo” companies like Federal Express which only carry cargo, have fleets of planes, usually fly at night, have ground transportation, and personnel for door-to-door pick-up and delivery. The “all cargo” companies control 90% of the domestic cargo companies. Competition in the “all cargo” segment of the industry includes: UPS, DHL, Airborne Express and U.S. Postal Service. The entire industry delivers roughly 5.6 million packages each day. FedEx currently has a 45 – 50 % market share and thus delivers 2 .....