Word: arounder
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...opponents of the resolution said that $35,000 was too much money to gamble on such a proposition. "If we're going to throw around money like this, we might as well play the stock market," Finance Committee Chair David A. Battat '91 said of the original proposal to allot $50,000 for a concert...
Even in the clearest cases, the benefits of PBHA's throwing its weight around in electoral contests are modest and nebulous, while the costs are measurable and indisputable...
Increasingly, Colombian public opinion favors negotiating with the narcos. It is a notion that Barco's associates know better than to utter around the office. When police foiled a plot to kill Barco's daughter, the flinty President said, "With common criminals and gutless assassins, dialogue is not possible...
...they often launder and invest their cash in the U.S. The first and trickiest step is depositing the hot cash in a U.S. financial institution. Reason: the IRS requires all banks to file Currency Transaction Reports for deposits of $10,000 or more. During the early 1980s, launderers got around this scrutiny by employing couriers called Smurfs, named for the restless cartoon characters, who would fan out and make multiple deposits of slightly less than...
Once the money is in a financial institution, it can be moved with blinding speed. Communicating with the bank via fax machine or personal computer, a launderer can have wire transfers sent around the world without ever speaking to a banking officer. The goal of many launderers is to get their money into the maelstrom of global money movements, where the volume is so great that no regulators can really monitor it all. Such traffic has exploded because of the globalization of the world economy, which has multiplied the volume of international trade and currency trading. On an average working...