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The Washing Machine: How Money Laundering and Terrorist Financing Soils Us / Edition 1
     

The Washing Machine: How Money Laundering and Terrorist Financing Soils Us / Edition 1

by Nick Kochan
 

ISBN-10: 1587991594

ISBN-13: 9781587991592

Pub. Date: 05/24/2005

Publisher: Cengage Learning

The Washing Machine is an intriguing book that takes the reader deep inside the world of money laundering and shows it to be a highly sophisticated, global business that poses a serious and systemic threat to the world's financial institutions, as well as the global economy. Investigative journalist and financial expert Nick Kochan profiles the perpetrators, the

Overview

The Washing Machine is an intriguing book that takes the reader deep inside the world of money laundering and shows it to be a highly sophisticated, global business that poses a serious and systemic threat to the world's financial institutions, as well as the global economy. Investigative journalist and financial expert Nick Kochan profiles the perpetrators, the investigators, and explains the methods employed by international criminals and terrorists to turn dirty money into untraceable wealth. The effort to stop this sinister financial pipeline to terrorist activities is one of the highest profile law enforcement activities in the world at present. Will we lose this battle? The Washing Machine reveals that the dual forces of globalization and a lack of true international cooperation are playing directly into the hands of the criminals.

Product Details

ISBN-13:
9781587991592
Publisher:
Cengage Learning
Publication date:
05/24/2005
Edition description:
New Edition
Pages:
352
Product dimensions:
5.96(w) x 9.32(h) x 1.26(d)

Table of Contents

1. Getting started 2. The change process 3. Net present value 4. Comparing net present value, decision trees, and real options 5. Numerical methods for simple options 6. Compound and switching options 7. Going from one step per time period to many 8. A four-step process for valuing real options 9. Estimating volatility: consolidated approach 10. Keeping uncertainties separate 11. Case examples 12. Final thoughts and unfinished business Appendix A Appendix B Notes About the authors Index

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