money laundering

The Best Stuff We've Read This Week

Every week, Chuck and Josh read tons of articles. Here are links to the best of the bunch.

On this weeks edition of "Podcast Goodness" we'll reflect back on the week of April 13th. Tuesday's episode of Stuff You Should Know was all about money laundering - how it's done, why it's done, who is doing and who is trying to stop it from being done. We learned that it's really not the most complicated thing in the world. It's essentially a system that makes it harder to track large amounts of money you want to hide for one reason or another. There are a number of methods, including Josh's favorite, the "Colombian Peso Exchange." In the end, they all accomplish the same goal, to clean your money.

Money laundering -- the practice of disguising illegal funds -- can be domestic or international in nature. Join Josh and Chuck as they take a look at the history, practice and future of money laundering in this podcast from HowStuffWorks.com.