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Investigators said they followed a complex cash trail between companies and politicians that passed through the tiny state of San Marino as well as overseas banks.
The financial impact is hard to assess: the most recent annual report on the agency's website is from 2008.Meanwhile the toll-booth system has become a slapstick affair, with a maze of concrete chicanes prone to collapse, complex cash fares and overstaffed booths.
The three solutions offer an alternative to installing a more complex cash register system.
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Alcan, based in Montreal, made a complex cash-and-stock offer that Pechiney said valued its stock at as much as 48.50 euros a share ($54.36), or about 4 billion euros ($4.5 billion).
But in truth, the problem is far more complex than cash, since both sides are very much to blame: the UN is highly inefficient as an organization, extremely politicized, and over the years has come to stand for a variety of opinions that are perceived as being opposed to those of the US - from matters of war and peace to the fight against AIDS.
Cash has always been transacted electronically before complex computer networks, cash was sent bank-to-bank via telex.
The €5bn fundraising from private investors was complex, involving a cash call on shareholders, asking bondholders to swap their investments for equity, and also parcelling off bad debts.
Still others muse that what is needed is a World Investment Organisation, to set basic rules and better track the huge and complex flows of cash that now wash around in hedge funds, sovereign wealth funds, banks and financial markets.The World Bank has a more certain future, but still needs to retool.
The Optus deal, paid in a complex mix of cash, stock and bonds, had cleaned out SingTel's reserves, forced it to borrow for the first time and diluted its equity.
Boyar went to the complex with Haywood Cash.
The main tenets of this alternative scenario are known: 1) the complex plastids from CASH originate from a single secondary endosymbiosis with a rhodophyte and 2) subsequent eukaryote-to-eukaryote endosymbioses are needed to explain the incongruence observed between plastid-encoded and nuclear-encoded markers (Teich et al. 2007; Baurain et al. 2010).
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Justyna Jupowicz-Kozak
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