Money is means of payment, it needs a legal form. Money resulting from illegal business lacks this legal shape, it needs "money laundering". Methods of money laundering especially related to electronic banking and "shadow-banking" are discussed. The harmfulness of money laundering is shown as...

In the public discussion, the series of accounting scandals and bankruptcies which has taken place in the last years is primarily attributed to the greed of managers and institutional lacks in securing shareholder's interests. However, this article argues that it is precisely the proliferation...