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It transfers salaries into a trust, which then lends the cash back to the investors.
Usually the printing is not done by the government directly but by the central bank, which then lends the printed money to the government through purchases of bonds.
This structure permits a donor to donate assets to a charity, which then lends them back to the donor, Grassley says.
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Profitable firms deposit their saving in banks, which then lend it to less profitable ones.
The initial £7m funding was borrowed on Thameswey's behalf by Woking council, which then lent it back to the company at 2% above the going interest rate.
Parmalat has also said that a Citigroup affiliate invested in a Parmalat unit, which then lent the money to other parts of the company.
So we have a circular system where the government lends (or buys stakes) in the banks which then lend it back to the government in the form of gilts.
Rather than have the loan go to the car company, the Phoenix Four directed it to their parent company, which then lent the money to the car company, charging interest.
Parmalat has also disclosed that a Citigroup vehicle Buconero -- or "black hole" in Italian -- had invested in a Parmalat unit, which then lent the money to other parts of the company.
In exchange, Tokyo Sowa is said to have created a set of dummy companies on its own, which then lent money to the consumer finance companies and other clients that had helped it artificially inflate its capital base.
The company has also disclosed that a Citigroup vehicle Buconero -- or "black hole" in Italian -- had invested in a Parmalat unit, which then lent the money to other parts of the company.
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