Journal: Illicit Money, Illegitimate Governments, and More…

Volume 56, Number 19 · December 3, 2009 Illicit Money: Can It Be Stopped? By Eva Joly, Raymond Baker On May 4, the Obama administration announced a plan to crack down on offshore tax havens, which it said are costing the United States tens of billions of dollars each year. The President’s proposals were primarily …

Journal: Western Union takes MFI route for rural spread

Shilpa Phadnis Saturday, October 17, 2009 Bangalore: Money transfer company Western Union believes in tapping fortune at the bottom of the pyramid. The company is tying up with microfinance institutions (MFIs) and e-governance service providers to facilitate financial inclusion. This marks a shift in its India game plan, to offer money transfer services through MFIs …