List of Archived Posts

2013 Newsgroup Postings (08/06 - 09/02)

copyright protection/Doug Englebart
copyright protection/Doug Englebart
IBM Relevancy in the IT World
copyright protection/Doug Englebart
copyright protection/Doug Englebart
daycare arbitrage, was What Makes Infrastructure investment not bizarre
OT? IBM licenses POWER architecture to other vendors
daycare arbitrage, was What Makes Infrastructure investment not bizarre
OT? IBM licenses POWER architecture to other vendors
Why DOJ Deemed Bank Execs Too Big To Jail
What Makes Infrastructure investment not bizarre
What Makes Infrastructure investment not bizarre
What Makes Infrastructure investment not bizarre
Justice Dept. Sues Bank of America Over Mortgage Securities
What Makes Infrastructure investment not bizarre
What Makes Infrastructure investment not bizarre
Unbuffered glass TTYs?
OSI: The Internet That Wasn't
copyright protection/Doug Englebart
spacewar
JPMorgan Nears Settlement on 'London Whale' Case
Justice Dept. Sues Bank of America Over Mortgage Securities
Why DOJ Deemed Bank Execs Too Big To Jail
copyright protection/Doug Englebart
spacewar
spacewar
The agency problem and how to create a criminogenic environment
Unbuffered glass TTYs?
Flag bloat
The agency problem and how to create a criminogenic environment
Why DOJ Deemed Bank Execs Too Big To Jail
China mulls probe into IBM, Oracle, EMC after NSA hack claims - report
What Makes a Tax System Bizarre?
Management Secrets From Inside GE
What Makes a Tax System Bizarre?
What Makes a Tax System Bizarre?
The Incredible Con the Banksters Pulled on the FBI
Do You Want Better Security? Eliminate System Administrators!
What Makes a Tax System Bizarre?
copyright protection/Doug Englebart
copyright protection/Doug Englebart
What Makes a Tax System Bizarre?
12 simple rules: How Ted Codd transformed the humble database
What Makes a Tax System Bizarre?
Digital projection conversion costs theatens drive-ins
What Makes a Tax System Bizarre?
Why DOJ Deemed Bank Execs Too Big To Jail
The Incredible Con the Banksters Pulled on the FBI
John Boyd's Art of War
Digital projection conversion costs theatens drive-ins
IBM Furloughs U.S. Hardware Employees to Reduce Costs
What Makes a Tax System Bizarre?
The agency problem and how to create a criminogenic environment
spacewar
What Makes a Tax System Bizarre?
What Makes a Tax System Bizarre?
spacewar
The agency problem and how to create a criminogenic environment
DASD, Tape and other peripherals attached to a Mainframe
John Boyd's Art of War
spacewar
John Boyd's Art of War
Suggestions Appreciated for a Program Counter History Log
What Makes a Tax System Bizarre?
What Makes a Tax System Bizarre?
NASA Finally Figured Out How to Develop Technology -- Then Promptly Forgot
German infosec agency warns against Trusted Computing in Windows 8
What Makes a Tax System Bizarre?
Steve B sees what investors think
What Makes a Tax System Bizarre?
What Makes a Tax System Bizarre?
What Makes a Tax System Bizarre?
Versailles on the Potomac at it again
What Makes a Tax System Bizarre?
RBC's other problem: Freddie Mac names embattled bank in LIBOR suit
spacewar
spacewar
German infosec agency warns against Trusted Computing in Windows 8
Libor Rate-Probe Spotlight Shines on Higher-Ups
Steve B sees what investors think
spacewar
spacewar
spacewar
What Makes a Tax System Bizarre?
spacewar
spacewar
What Makes a Tax System Bizarre?
What Makes a Tax System Bizarre?
NSA and crytanalysis
spacewar
spacewar

copyright protection/Doug Englebart

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: copyright protection/Doug Englebart
Newsgroups: alt.folklore.computers
Date: Tue, 06 Aug 2013 19:51:11 -0400
Shmuel (Seymour J.) Metz <spamtrap@library.lspace.org.invalid> writes:
Was that legal?

re:
http://www.garlic.com/~lynn/2013j.html#90 copyright protection/Doug Englebart

... legal is whatever they made the laws to say legal is.

it is like "city of london" with corporations not only are people ... but also vote:
http://www.garlic.com/~lynn/2013j.html#3 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013j.html#26 What Makes an Architecture Bizarre?

--
virtualization experience starting Jan1968, online at home since Mar1970

copyright protection/Doug Englebart

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: copyright protection/Doug Englebart
Newsgroups: alt.folklore.computers
Date: Tue, 06 Aug 2013 20:30:32 -0400
my gosh ... somebody said:

Privatising intelligence gathering
http://www.zdnet.com/au/privatising-intelligence-gathering-7000019041/

some past posts ... but with 'z' not 's' (privatizing)
http://www.garlic.com/~lynn/2013e.html#53 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013i.html#26 Louis V. Gerstner Jr. lays out his post-IBM life
http://www.garlic.com/~lynn/2013i.html#41 Is newer technology always better? It almost is. Exceptions?
http://www.garlic.com/~lynn/2013i.html#54 How do you feel about the fact that India has more employees than US?
http://www.garlic.com/~lynn/2013i.html#61 Big Data Is Opening Doors, but Maybe Too Many
http://www.garlic.com/~lynn/2013i.html#65 The Real Snowden Question
http://www.garlic.com/~lynn/2013i.html#76 The failure of cyber defence - the mindset is against it
http://www.garlic.com/~lynn/2013i.html#77 Insane Insider Threat Program in Context of Morally and Mentally Bankrupt US Intelligence System
http://www.garlic.com/~lynn/2013j.html#31 IBM vs. Amazon for Cloud
http://www.garlic.com/~lynn/2013j.html#51 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013j.html#54 copyright protection/Doug Englebart
http://www.garlic.com/~lynn/2013j.html#74 How the NSA Manipulates Language To Mislead The Public
http://www.garlic.com/~lynn/2013j.html#81 copyright protection/Doug Englebart
http://www.garlic.com/~lynn/2013j.html#83 copyright protection/Doug Englebart

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virtualization experience starting Jan1968, online at home since Mar1970

IBM Relevancy in the IT World

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From: lynn@garlic.com
Subject: IBM Relevancy in the IT World
Date: 06 Aug 2013
Blog: IBMers
Gerstner was in competition to be next CEO of AMEX. The looser leaves and takes Jamie Dimon, his protege with him. They go to Baltimore and this description has them taking over a loan sharking business
http://www.counterpunch.org/2012/05/15/why-jamie-dimons-2-billion-gambling-loss-will-not-speed-financial-reform/

They do some number of other take-overs and eventual acquire Citibank in violation of Glass-Steagall. Greenspan gives them an exemption while they lobby congress for repeal of Glass-Steagall and creation of too-big-to-fail. Dimon leaves and turns up as head of JPMorgan.

AMEX & KKR are in competition for reverse-IPO (leveraged buyout, private-equity take-over) of RJR. KKR wins but runs into some trouble and hires away Gerstner to turn around RJR.

IBM has gone into the red and had been re-organized into the 13 "baby blues" in preparation for breakup. IBM board hires Gerstner away to resurrect IBM (and reverse the break-up). Gerstner later leaves IBM to become head of one of the other large private equity companies ... which then does reverse-IPO (private-equity buyout) of Boos-Allen (among others).

Traditional mechanism of leverage buyout, reverse-IPO is private-equity borrows huge amount of money for the purchase and also pay themselves enormous fees and commissions ... and then later does an IPO ... sort of like flipping house ... however it is pure profit since they don't pay off the original loan ... which goes on the books of the company bought and then IPO'ed (they even turn a profit if they IPO for less than they originally payed).

Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens,
http://books.google.com/books?id=u655GkaMkwgC&pg=PA216&lpg=PA216#v=onepage&q&f=false

pg216/loc4511-14:
Plenty of good firms have gone bust as a result of this offshore debt-loading, which the New York Times in 2009 described as "a Wall Street version of 'Flip This House.'" 48 More than half of the companies that defaulted on their debt that year were either previously or currently owned by private equity firms.

... snip ...

http://www.newser.com/story/70949/simmons-bankruptcy-study-in-private-equity-run-amok.html
http://www.nytimes.com/2009/10/05/business/economy/05simmons.html

lots of top executives have their bonuses tied to stock price ... stock buybacks boost stock price and helps them make their bonuses

Stockman in "The Great Deformation: The Corruption of Capitalism in America" ... talks about stock buybacks as a mini-form of LBO (leverage buyout), with the executives reaping huge rewards,

pg457/loc9844-46:
The leader was ExxonMobil, which repurchased $160 billion of its own shares during 2004-2011. It was followed by Microsoft at $100 billion, IBM at $75 billion, and Hewlett-Packard, Proctor & Gamble, and Cisco with $50 billion each. Even the floundering shipwreck of merger mania known as Time Warner Inc. bought back $25 billion.

pg464/loc9995-10000:
IBM was not the born-again growth machine trumpeted by the mob of Wall Street momo traders. It was actually a stock buyback contraption on steroids. During the five years ending in fiscal 2011, the company spent a staggering $67 billion repurchasing its own shares, a figure that was equal to 100 percent of its net income.

pg465/10014-17:
Total shareholder distributions, including dividends, amounted to $82 billion, or 122 percent, of net income over this five-year period. Likewise, during the last five years IBM spent less on capital investment than its depreciation and amortization charges, and also shrank its constant dollar spending for research and development by nearly 2 percent annually.

... snip ..

past posts mentioning gerstner
http://www.garlic.com/~lynn/submisc.html#gerstner

There is a periodic financial industry publication that publishes the numbers of thousands of financial institution measures .... avg' for the national banks compared to the avg for the largest regional banks. I reviewed this a decade ago ... and the regional banks were more efficient and better ROI than the national banks. With national banks less efficient than regional banks ... about the only justification for national banks was that top executive compensation (including bonus) is roughly proportional to size of the institution (rather than strictly profitability) ... this was further aggravated with the repeal of Glass-Steagall and the appearance of too-big-to-fail (as mentioned upthread kicked off by person that lost out to Gerstner for next ceo of AMEX)

disclaimer: after IBM, I did stint at first data ... mentioned here (although it got some of the details of early life at ibm garbled):
http://www.ibmsystemsmag.com/mainframe/stoprun/Stop-Run/Making-History/

In 1992, AMEX spins off large part of its (mainframe) dataprocessing as First Data ... claimed to be the largest IPO up until that time. Late 90s, First Data merges with First Financial (first financial includes Western Union). By 2005 with the massive increase in foreign workers (sending earnings home), Western Union represents half of First Data revenue and is spun off in IPO. All of corporate is then lop'ed off and First Data taken private in (private equity) reverse-IPO by KKR (largest reverse-IPO up until that time, 15 yrs after having AMEX spun it off in the largest IPO up until that time, the borrowing to do the leveraged buyout and pay KKR commissions and fees carried on FDC books).

recent posts mentioning "Great Deformation" &/or "Treasure Islands":
http://www.garlic.com/~lynn/2013f.html#3 What Makes a thread about the European debt crisis Bizarre?
http://www.garlic.com/~lynn/2013f.html#5 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#13 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#23 What Makes weapons control Bizarre?
http://www.garlic.com/~lynn/2013f.html#30 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#34 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#49 As an IBM'er just like the Marines only a few good men and women make the cut,
http://www.garlic.com/~lynn/2013f.html#63 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013g.html#5 SAS Deserting the MF?
http://www.garlic.com/~lynn/2013g.html#69 What Makes collecting sales taxes Bizarre?
http://www.garlic.com/~lynn/2013i.html#54 How do you feel about the fact that India has more employees than US?
http://www.garlic.com/~lynn/2013i.html#65 The Real Snowden Question
http://www.garlic.com/~lynn/2013i.html#81 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013j.html#3 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013j.html#26 What Makes an Architecture Bizarre?

--
virtualization experience starting Jan1968, online at home since Mar1970

copyright protection/Doug Englebart

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: copyright protection/Doug Englebart
Newsgroups: alt.folklore.computers
Date: Wed, 07 Aug 2013 11:29:22 -0400
"osmium" <r124c4u102@comcast.net> writes:
We had a pension problem at GM a few years ago. We fixed it by giving GM to the union.

Use the same technique here, give the retirees the city of Detroit. They can charge $1,000 a month for water and sewer service to someone on welfare. That's gotta work.


this has discussion of some of the municipal bankruptcy issues

Chapter 9 Hysteria in the Wall Street Journal
http://www.creditslips.org/creditslips/2013/08/chapter-9-hysteria-in-the-wall-street-journal.html

--
virtualization experience starting Jan1968, online at home since Mar1970

copyright protection/Doug Englebart

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: copyright protection/Doug Englebart
Newsgroups: alt.folklore.computers
Date: Wed, 07 Aug 2013 12:09:20 -0400
Anne & Lynn Wheeler <lynn@garlic.com> writes:
this has discussion of some of the municipal bankruptcy issues

Chapter 9 Hysteria in the Wall Street Journal
http://www.creditslips.org/creditslips/2013/08/chapter-9-hysteria-in-the-wall-street-journal.html


re:
http://www.garlic.com/~lynn/2013k.html#3 copyright protection/Doug Englebart

oh and some past posts mentioning ERISA &/or PBGC
http://www.garlic.com/~lynn/2006o.html#61 Health Care
http://www.garlic.com/~lynn/2007j.html#91 IBM Unionization
http://www.garlic.com/~lynn/2008.html#65 As Expected, Ford Falls From 2nd Place in U.S. Sales
http://www.garlic.com/~lynn/2010b.html#24 Happy DEC-10 Day
http://www.garlic.com/~lynn/2010d.html#46 search engine history, was Happy DEC-10 Day
http://www.garlic.com/~lynn/2010i.html#77 Favourite computer history books?
http://www.garlic.com/~lynn/2011m.html#11 PKI "fixes" that don't fix PKI
http://www.garlic.com/~lynn/2012.html#94 Bankruptcy a reprieve for some companies

--
virtualization experience starting Jan1968, online at home since Mar1970

daycare arbitrage, was What Makes Infrastructure investment not bizarre

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: daycare arbitrage, was What Makes Infrastructure investment not bizarre
Newsgroups: alt.folklore.computers
Date: Wed, 07 Aug 2013 12:30:06 -0400
John Levine <johnl@iecc.com> writes:
I don't have the references handy, but I've seen plenty of stories about women whose net income was effectively zero after daycare and other work-related expenses. They do it because they hope to move up to better jobs, or sometimes because hanging around the house is mind numbing.

Look at the cost per hour of decent daycare (keeping in mind that it also has to cover unpaid commuting time), and you need a pretty good job to make the net positive.


recent stories about 1968 minium wage was $1.60 ... to stay even with inflation it would need to be $10.74

40% Of US Workers Now Earn Less Than 1968 Minimum Wage
http://www.zerohedge.com/news/2013-08-05/40-us-workers-now-earn-less-1968-minimum-wage

from above:
But as I mentioned above, it isn't just that the number of jobs is not what it should be. The quality of our jobs is declining as well. For example, one study found that between 1969 and 2009 the wages earned by American men between the ages of 30 and 50 declined by 27 percent after you account for inflation.

... snip ...

--
virtualization experience starting Jan1968, online at home since Mar1970

OT? IBM licenses POWER architecture to other vendors

From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: OT? IBM licenses POWER architecture to other vendors.
Newsgroups: bit.listserv.ibm-main
Date: 7 Aug 2013 13:34:21 -0700
john.archie.mckown@GMAIL.COM (John McKown) writes:

http://www.phoronix.com/scan.php?page=news_item&px=MTQzMDM

Kind of interesting. Hope people don't mind the fact that it is not about the z.


Folklore is that Apple moved to Intel because IBM decided to focus on servers and weren't keeping up with low-power chips for laptops and tablets.

There was Somerset & AIM (apple, ibm, motorola)
https://en.wikipedia.org/wiki/PowerPC

from above:

However, toward the close of the decade, manufacturing issues began plaguing the AIM alliance in much the same way they did Motorola, which consistently pushed back deployments of new processors for Apple and other vendors: first from Motorola in the 1990s with the G3 and G4 processors, and IBM with the 64-bit G5 processor in 2003. In 2004, Motorola exited the chip manufacturing business by spinning off its semiconductor business as an independent company called Freescale Semiconductor. Around the same time, IBM exited the 32-bit embedded processor market by selling its line of PowerPC products to Applied Micro Circuits Corporation (AMCC) and focusing on 64-bit chip designs

... and ...

The IBM-Freescale alliance was replaced by an open standards body called Power.org. Power.org operates under the governance of the IEEE with IBM continuing to use and evolve the PowerPC processor on game consoles and Freescale Semiconductor focusing solely on embedded devices.

... snip ...

https://en.wikipedia.org/wiki/Power.org

trivia, the executive we reported to when we were doing IBM's HA/CMP ... went over to head up the Somerset (Apple, IBM, and Motorola designing power/pc chips) ... he had previously come from Motorola
http://www.garlic.com/~lynn/subtopic.html#hacmp
post posts mentioning 801, romp, rios, power, power/pc, etc
http://www.garlic.com/~lynn/subtopic.html#801

Note that Google, part of OpenPOWER, now owns Motorola.

--
virtualization experience starting Jan1968, online at home since Mar1970

daycare arbitrage, was What Makes Infrastructure investment not bizarre

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: daycare arbitrage, was What Makes Infrastructure investment not bizarre
Newsgroups: alt.folklore.computers
Date: Thu, 08 Aug 2013 09:01:55 -0400
Peter Flass <Peter_Flass@Yahoo.com> writes:
They're shooting for $15 now, currently it's $8 something.

re:
http://www.garlic.com/~lynn/2013k.html#5 daycare arbitrage, was What Makes Infrastructure investment not bizarre

the $15 may just be bargaining ploy ... also there are comparisons with McDonalds in other countries paying much higher wage and are still profitable.

also doesn't negate other parts of the article
But as I mentioned above, it isn't just that the number of jobs is not what it should be. The quality of our jobs is declining as well. For example, one study found that between 1969 and 2009 the wages earned by American men between the ages of 30 and 50 declined by 27 percent after you account for inflation.

... snip ...

--
virtualization experience starting Jan1968, online at home since Mar1970

OT? IBM licenses POWER architecture to other vendors

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From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: OT? IBM licenses POWER architecture to other vendors.
Newsgroups: bit.listserv.ibm-main
Date: 8 Aug 2013 06:40:24 -0700
shmuel+gen@PATRIOT.NET (Shmuel Metz , Seymour J.) writes:
The wiki "chip" articles since at least Z196 have been about the entire processor complex rather than about the chips themselves. I wish that some of the IBM chip designers would be willing to take on the task of editing those articles.

re:
http://www.garlic.com/~lynn/2013k.html#6 IBM licenses POWER architecture to other vendors.

however, claim is that at least half of the z196 per processor improvment over z10 was introduction of out-of-order execution, branch prediction, speculative execution ... features which have been part of RISC chips for decades. further use of out-of-order execution, branch prediction, speculative execution were used for z12 increase in per processor improvement over z196.

issue is legacy implementation cache miss stalls the execution units and current cache miss memory access latency ... measured in number of processor cycles ... is on the order of 360 disk i/o (i.e. disk i/o latency measured in number of 360 processor cycles). out-of-order execution allows hardware analogy of multi-tasking / multi-threading/programming ... allowing to switch to some other work while current instruction is stalled waiting for memory access on cache miss.

the other feature allowing hardware analogy of multi-tasking / muti-threading/programming is hyper-threading. I had gotten sucked into being asked to help when it was worked on for 370/195 (which never shipped). The issue for 370/195 was that pipeline peak throughput was 10mips ... but 370/195 didn't have branch prediction or speculative execution ... as a result conditional branches would stall the pipeline ... and most codes only achieved 5mips throughput. hyperthreading would provide emulated multiprocessing with two instruction streams ... which had a better chance of keeping the execution units operating at peak throughput.

note that risc implementations have had throughput advantage of x86 for decades ... however the past several generations of x86 have actually gone to RISC cores with hardware layer that translates x86 instructions into risc micro-ops ... that largely mitigates the throughput differences between risc implementations and x86 implementations.

--
virtualization experience starting Jan1968, online at home since Mar1970

Why DOJ Deemed Bank Execs Too Big To Jail

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From: lynn@garlic.com
Subject: Why DOJ Deemed Bank Execs Too Big To Jail
Date: 08 Aug 2013
Blog: Financial Crime Risk, Fraud and Security
re:
http://www.garlic.com/~lynn/2013j.html#73 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013j.html#77 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013j.html#80 Why DOJ Deemed Bank Execs Too Big To Jail

The Chase and Bank of America Investigations: Real Action, or More of the Same?
http://www.rollingstone.com/politics/blogs/taibblog/new-bank-investigations-real-action-or-more-of-the-same-20130808
So Why is the Administration Trying to Look a Smidge More Aggressive About Going After Banks?
http://www.nakedcapitalism.com/2013/08/so-why-is-the-administration-trying-to-look-a-smidge-more-aggressive-about-going-after-banks.html
JPMorgan Faces Probe as U.S. Faults Mortgage Bond Sales
http://www.bloomberg.com/news/2013-08-07/jpmorgan-says-u-s-concluded-mortgage-bond-sales-broke-civil-law.html
Justice Dept. Sues Bank of America Over Mortgage Securities
http://dealbook.nytimes.com/2013/08/06/justice-sues-bank-of-america-over-mortgage-securities/?partner=socialflow&smid=tw-nytimesbusiness&_r=0
S.E.C. Is Said to Press JPMorgan for an Admission of Wrongdoing
http://dealbook.nytimes.com/2013/08/08/inquiry-into-jpmorgans-trading-loss-enters-final-stage/
JP Morgan Is Facing Criminal and Civil Mortgage Investigations
http://www.theatlanticwire.com/business/2013/08/jp-morgan-faces-criminal-and-civil-mortgage-investigations/68110/
'The most dishonest bankers walk away with the most money'
http://www.theguardian.com/commentisfree/2013/aug/01/most-dishonest-bankers-most-money-banking-blog

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes Infrastructure investment not bizarre

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes Infrastructure investment not bizarre
Newsgroups: alt.folklore.computers
Date: Thu, 08 Aug 2013 23:21:24 -0400
Andrew Swallow <am.swallow@btinternet.com> writes:
Because the US banks were spending their money on AAA mortgage bonds.

lots of them were helping pay for triple-A ratings and selling them to institutions that were restricted to dealing in triple-A ... like large institutional retirement funds.

some recent

On the SEC's Too Little, Too Late "Fabulous Fab" CDO Victory
http://www.nakedcapitalism.com/2013/08/on-the-secs-too-little-too-late-fabulous-fab-cdo-victory.html
Industry wrote provision that undercuts credit-rating overhaul
http://www.mcclatchydc.com/2013/08/07/198739/industry-wrote-provision-that.html

some past posts mentioning (triple-A rated) toxic CDOs
http://www.garlic.com/~lynn/submisc.html#toxic.cdo

Note that Sarbanes-Oxley also had provision for SEC to do something about the rating agencies ... but nothing seemed to come of it. Rhetoric on the floor of congress justifying Sarbanes-Oxley was that top executives and auditors would do jail time ... but nothing seems to have happened ... even though GAO reports show fraudulent financial filings actually increased after passage of SOX

some past posts mentioning sarbanes-oxley
http://www.garlic.com/~lynn/submisc.html#sarbanes-oxley
some past posts mentioning GAO reports on fraudulent financial filings (even showing increase after sarbanes-oxley and SEC not prosecuting anybody) financial reporting fraud
http://www.garlic.com/~lynn/submisc.html#financial.reporting.fraud

In the congressional Madoff hearings, they had the person that had tried unsuccessfully for a decade to get SEC to do something about Madoff (SEC's hand was forced when Madoff turned himself in). some past posts mentioning Madoff
http://www.garlic.com/~lynn/submisc.html#madoff

... and other recent news items

The Chase and Bank of America Investigations: Real Action, or More of the Same?
http://www.rollingstone.com/politics/blogs/taibblog/new-bank-investigations-real-action-or-more-of-the-same-20130808
So Why is the Administration Trying to Look a Smidge More Aggressive About Going After Banks?
http://www.nakedcapitalism.com/2013/08/so-why-is-the-administration-trying-to-look-a-smidge-more-aggressive-about-going-after-banks.html
JPMorgan Faces Probe as U.S. Faults Mortgage Bond Sales
http://www.bloomberg.com/news/2013-08-07/jpmorgan-says-u-s-concluded-mortgage-bond-sales-broke-civil-law.html
Justice Dept. Sues Bank of America Over Mortgage Securities
http://dealbook.nytimes.com/2013/08/06/justice-sues-bank-of-america-over-mortgage-securities/?partner=socialflow&smid=tw-nytimesbusiness&_r=0
S.E.C. Is Said to Press JPMorgan for an Admission of Wrongdoing
http://dealbook.nytimes.com/2013/08/08/inquiry-into-jpmorgans-trading-loss-enters-final-stage/
JP Morgan Is Facing Criminal and Civil Mortgage Investigations
http://www.theatlanticwire.com/business/2013/08/jp-morgan-faces-criminal-and-civil-mortgage-investigations/68110/
More Mortgage Trouble For Bank Of America, Civil Charges On The Way
http://www.forbes.com/sites/halahtouryalai/2013/08/02/more-mortgage-trouble-for-bank-of-america-civil-charges-on-the-way/
'The most dishonest bankers walk away with the most money'
http://www.theguardian.com/commentisfree/2013/aug/01/most-dishonest-bankers-most-money-banking-blog
Swaps Probe Finds Banks Rigged Rate at Expense of Retirees
http://www.bloomberg.com/news/2013-08-02/swaps-probe-finds-banks-manipulated-rate-at-expense-of-retirees.html
Conveniently Late Probe Finds Whole Nation Rigged at Expense of Middle Class - You Don't Say!
http://mikenormaneconomics.blogspot.com/2013/08/conveniently-late-probe-finds-whole.html

... and

Blythe Masters' "Get-Out-Of-FERC-Jail-Free" Card May Cost JPMorgan $500mm
http://www.zerohedge.com/news/2013-07-17/blythe-masters-get-out-ferc-jail-free-card-may-cost-jpmorgan-500mm
Chase, Once Considered "The Good Bank," Is About to Pay Another Massive Settlement
http://www.rollingstone.com/politics/blogs/taibblog/chase-once-considered-the-good-bank-is-about-to-pay-another-massive-settlement-20130718
JPMorgan Accused By FERC Of Manipulating Power Market, To Be Fined $400 Million
http://www.zerohedge.com/news/2013-07-29/jpmorgan-accused-ferc-manipulating-power-market
JPMorgan Top Exec Blythe Masters Dodges Penalty As Bank Settles Energy Manipulation Charges For $410M
http://www.forbes.com/sites/afontevecchia/2013/07/30/jpmorgan-top-exec-blythe-masters-dodges-penalty-as-bank-settles-energy-manipulation-charges-for-410m/
Fines may not deter companies from manipulating markets
http://www.mcclatchydc.com/2013/08/02/198450/fines-may-not-deter-companies.html
Banks Replacing Enron in Energy Incite Congress as Abuses Abound
http://www.bloomberg.com/news/2013-08-02/banks-replacing-enron-in-energy-incite-congress-as-abuses-abound.html
Enron Redux -- Have We Learned Anything?
http://www.zerohedge.com/news/2013-08-02/guest-post-enron-redux-%E2%80%93-have-we-learned-anything
A Shuffle of Aluminum, but to Banks, Pure Gold
http://www.nytimes.com/2013/07/21/business/a-shuffle-of-aluminum-but-to-banks-pure-gold.html?emc=eta1&_r=0
How Goldman Made $5 Billion By Manipulating Aluminum Inventories (and Copper is Up Next)
http://www.nakedcapitalism.com/2013/07/how-goldman-made-5-billion-by-manipulating-aluminum-inventories-and-copper-is-up-next.html
Goldman's Alleged Aluminum Scam
http://www.businessinsider.com/goldmans-alleged-aluminum-scam-2013-7
"Market Parasite" JPMorgan Added To Goldman Aluminum "Cartel" Lawsuit
http://www.zerohedge.com/news/2013-08-07/market-parasite-jpmorgan-added-goldman-aluminum-cartel-lawsuit

... and

FBI Finds Holes in System Protecting Economic Data
http://online.wsj.com/article/SB10001424127887323420604578650411437354782.html
FBI Probing Holes In Early Economic Data Release
http://www.zerohedge.com/news/2013-08-06/fbi-probing-holes-early-economic-data-release
has HFT example of 15millisecond leak here
http://www.zerohedge.com/news/2013-06-03/watch-todays-15-millisecond-leak-ism-print
another early leak here
http://www.zerohedge.com/news/2013-08-02/presenting-todays-blatant-bond-market-manipulation-or-bls-leak
fine for HFT stock manipulation
http://www.zerohedge.com/news/2013-07-11/third-largest-futures-broker-gets-record-fine-hft-stock-market-manipulation
another reference
http://www.zerohedge.com/news/2013-08-05/hft-quote-churn-spam-soars-record-volume-plummets

and other too big to fail, too big to prosecute, too big to jail
http://www.garlic.com/~lynn/submisc.html#too-big-to-fail

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes Infrastructure investment not bizarre

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes Infrastructure investment not bizarre
Newsgroups: alt.folklore.computers
Date: Fri, 09 Aug 2013 10:10:55 -0400
Soupe du Jour <soupedujour2000@gmail.com> writes:
However, it's also very noticeable that the Tea Party and Conservative Republicans wouldn't say anything good about Obama even if he turned out to be the 2nd Coming of their Saviour.

however, not inconsistent with it all being Kabuki theater ... past posts
http://www.garlic.com/~lynn/submisc.html#kabuki.theater

lots of public distraction from whatever is really going.

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes Infrastructure investment not bizarre

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes Infrastructure investment not bizarre
Newsgroups: alt.folklore.computers
Date: Fri, 09 Aug 2013 10:31:39 -0400
re:
http://www.garlic.com/~lynn/2013k.html#10 What Makes Infrastructure investment not bizarre

part of story about lots of use of massive high-speed computers for HFT ... is it being facade skimming from real investers ... HFT is not investment ... but gaming the market for skimming from everybody else. danger is that it drives real investors from the field ... and then the HFT players are just battling it out against each ohter.

Did Retail Investors Just Fold?
http://www.zerohedge.com/news/2013-08-09/did-retail-investors-just-fold

a too-big-to-fail HFT story

In Goldman Programmer Case, a Way Around Double Jeopardy
http://dealbook.nytimes.com/2012/10/01/in-goldman-programmer-case-a-way-around-double-jeopardy/
The legal jujitsu of Goldman Sachs
http://blogs.reuters.com/felix-salmon/2013/08/02/the-legal-jujitsu-of-goldman-sachs/
Did Goldman Sachs Overstep in Criminally Charging Its Ex-Programmer?
http://www.vanityfair.com/business/2013/09/michael-lewis-goldman-sachs-programmer
A Fine And A Ban On Working In The Securities Industry Don't Sound That Bad To Sergey Aleynikov
http://dealbreaker.com/2013/08/a-fine-and-a-ban-on-working-in-the-securities-industry-dont-sound-that-bad-to-sergey-aleynikov/#more-108410
Sergey Aleynikov Suffers The Full Wrath Of A Vindictive US Judicial System
http://www.zerohedge.com/news/2013-04-30/sergey-aleynikov-suffers-full-wrath-vindictive-us-judicial-system
If You're On Trial, You'd Better Hope Goldman Sachs is on Your Side
http://www.motherjones.com/kevin-drum/2013/08/goldman-sachs-trial-aleynikov
New Michael Lewis Story Makes Goldman Sachs Look Absolutely Ruthless
http://www.businessinsider.com/michael-lewis-vanity-fair-goldman-story-2013-7
Former Goldman Sachs Programmer Back To Court
http://news.firedoglake.com/2013/06/10/former-goldman-sachs-programmer-back-to-court/

past posts mentioning too big to fail, too big to prosecute, and too big to jail
http://www.garlic.com/~lynn/submisc.html#too-big-to-fail

--
virtualization experience starting Jan1968, online at home since Mar1970

Justice Dept. Sues Bank of America Over Mortgage Securities

Refed: **, - **, - **
From: lynn@garlic.com
Subject: Justice Dept. Sues Bank of America Over Mortgage Securities
Date: 09 Aug 2013
Blog: Financial Crime Risk, Fraud and Security
Justice Dept. Sues Bank of America Over Mortgage Securities
http://dealbook.nytimes.com/2013/08/06/justice-sues-bank-of-america-over-mortgage-securities/?partner=socialflow&smid=tw-nytimesbusiness

fraud on $850m mortgages ... there was over $27T in CDOs done during the bubble ... where is the rest???

Feds: Bank of America defrauded investors of "prime" mortgage securities
http://www.mcclatchydc.com/2013/08/07/198703/feds-bank-of-america-defrauded.html

Objectors' Siren Song Enchants During Article 77 Proceeding
http://www.subprimeshakeout.com/2013/07/objectors-siren-song-enchants-during-article-77-proceeding.html

Bank of America Escapes Criminal Charges for Securities Fraud
http://therealnews.com/t2/index.php?option=com_content&task=view&id=767&Itemid=74&jumival=10547

more by Black:

Is B of A the Most Embarrassing Department of Justice Suit Ever?
http://therealnews.com/t2/component/content/article/75-william-black/1686-is-b-of-a-the-most-embarrassing-department-of-justice-suit-ever#.UgVKjLKyhBs
The Fraud Shotgun: The Overlapping Fields of Fraudulent Fire that Drove the Crisis
http://econintersect.com/wordpress/?p=39423
additional: With Public Servants Like This, Who Needs Enemies? Or Frauds?
http://mikenormaneconomics.blogspot.com/2013/08/with-public-servants-like-this-who.html

past posts mentioning toxic CDOs
http://www.garlic.com/~lynn/submisc.html#toxic.cdo

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes Infrastructure investment not bizarre

Refed: **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes Infrastructure investment not bizarre
Newsgroups: alt.folklore.computers
Date: Sat, 10 Aug 2013 00:27:25 -0400
Andrew Swallow <am.swallow@btinternet.com> writes:
Because the US banks were spending their money on AAA mortgage bonds.

re:
http://www.garlic.com/~lynn/2013k.html#10 What Makes Infrastructure investment not bizarre
http://www.garlic.com/~lynn/2013k.html#12 What Makes Infrastructure investment not bizarre
http://www.garlic.com/~lynn/2013k.html#13 Justice Dept. Sues Bank of America Over Mortgage Securities

a few more ...

Feds: Bank of America defrauded investors of "prime" mortgage securities
http://www.mcclatchydc.com/2013/08/07/198703/feds-bank-of-america-defrauded.html
Objectors' Siren Song Enchants During Article 77 Proceeding
http://www.subprimeshakeout.com/2013/07/objectors-siren-song-enchants-during-article-77-proceeding.html
Bank of America Escapes Criminal Charges for Securities Fraud
http://therealnews.com/t2/index.php?option=com_content&task=view&id=767&Itemid=74&jumival=10547

more by Black:

Is B of A the Most Embarrassing Department of Justice Suit Ever?
http://therealnews.com/t2/component/content/article/75-william-black/1686-is-b-of-a-the-most-embarrassing-department-of-justice-suit-ever#.UgVKjLKyhBs
The Fraud Shotgun: The Overlapping Fields of Fraudulent Fire that Drove the Crisis
http://econintersect.com/wordpress/?p=39423

additional

With Public Servants Like This, Who Needs Enemies? Or Frauds?
http://mikenormaneconomics.blogspot.com/2013/08/with-public-servants-like-this-who.html

and

Insight: Top Justice officials connected to mortgage banks
http://www.reuters.com/article/2012/01/20/us-usa-holder-mortgage-idUSTRE80J0PH20120120

from above:
U.S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department's criminal division, were partners for years at a Washington law firm that represented a Who's Who of big banks and other companies at the center of alleged foreclosure fraud, a Reuters inquiry shows.

... snip ...

past posts mentioning toxic CDOs
http://www.garlic.com/~lynn/submisc.html#toxic.cdo

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes Infrastructure investment not bizarre

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes Infrastructure investment not bizarre
Newsgroups: alt.folklore.computers
Date: Sat, 10 Aug 2013 10:20:07 -0400
re:
http://www.garlic.com/~lynn/2013k.html#10 What Makes Infrastructure investment not bizarre
http://www.garlic.com/~lynn/2013k.html#12 What Makes Infrastructure investment not bizarre
http://www.garlic.com/~lynn/2013k.html#13 Justice Dept. Sues Bank of America Over Mortgage Securities
http://www.garlic.com/~lynn/2013k.html#14 What Makes Infrastructure investment not bizarre

too big to fail (too big to prosecute too big to jail) and too big to fight leaking into popular literature, A Delicate Truth, John le Carre pg64/loc886-88:
Grim, darling, just appalling. We're clever and nice, but we're understaffed and underpaid and we want the best for our country, which is old-fashioned of us. New Labour loves Big Greed, and Big Greed has armies of amoral lawyers and accountants on the make and pays them the earth to make rings round us. We can't compete; they're too big to fail and too big to fight. Now I've depressed you.

... snip ...

past posts mentioning too big to fail
http://www.garlic.com/~lynn/submisc.html#too-big-to-fail

--
virtualization experience starting Jan1968, online at home since Mar1970

Unbuffered glass TTYs?

Refed: **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: Unbuffered glass TTYs?
Newsgroups: alt.folklore.computers
Date: Sat, 10 Aug 2013 10:37:16 -0400
had both hardcopy and video terminals supporting 300 baud ... but moving to 1200 baud ... pretty much all became glass.

for a time I had (hardcopy) 300 baud cdi miniterm ... but then moved to 1200 baud topaz/3101 ... would work in glass tty mode ... but had enough electronics that you could change (physical) switch setting to "block mode" ... sort of a semi-3270 mode. internally there was support written for 3101 block mode ... supporting virtual 3270 ... leveraged the psuedo-device support that had been developed for PVM. had stuff for recognizing multiple blanks and would use convert to cursor positioning to minimize chars. transmitted.

later with ibm/pc ... eventually upgraded to special internal crypto modems and lots of fancy algorithms and caching for minimizing chars transmitted (in both directions)

old pictures of cdi miniterm at home
http://www.garlic.com/~lynn/miniterm.jpg

home miniterm
http://www.garlic.com/~lynn/miniterm2.jpg

home miniterm

pictures of 3101 at home
http://www.garlic.com/~lynn/3101a.jpg

home 3101
http://www.garlic.com/~lynn/3101b.jpg

home 3101

other old pictures (including apl selectric typeball)
http://www.garlic.com/~lynn/lhwemail.html#oldpicts

past posts mentioning topax/3101
http://www.garlic.com/~lynn/99.html#69 System/1 ?
http://www.garlic.com/~lynn/2000g.html#17 IBM's mess (was: Re: What the hell is an MSX?)
http://www.garlic.com/~lynn/2001b.html#12 Now early Arpanet security
http://www.garlic.com/~lynn/2001b.html#13 Now early Arpanet security
http://www.garlic.com/~lynn/2001h.html#32 Wanted: pictures of green-screen text
http://www.garlic.com/~lynn/2001m.html#1 ASR33/35 Controls
http://www.garlic.com/~lynn/2001m.html#54 Author seeks help - net in 1981
http://www.garlic.com/~lynn/2003c.html#34 diffence between itanium and alpha
http://www.garlic.com/~lynn/2003c.html#35 diffence between itanium and alpha
http://www.garlic.com/~lynn/2003n.html#7 3270 terminal keyboard??
http://www.garlic.com/~lynn/2004e.html#8 were dumb terminals actually so dumb???
http://www.garlic.com/~lynn/2005p.html#28 Canon Cat for Sale
http://www.garlic.com/~lynn/2005r.html#12 Intel strikes back with a parallel x86 design
http://www.garlic.com/~lynn/2006n.html#56 AT&T Labs vs. Google Labs - R&D History
http://www.garlic.com/~lynn/2006y.html#0 Why so little parallelism?
http://www.garlic.com/~lynn/2006y.html#4 Why so little parallelism?
http://www.garlic.com/~lynn/2006y.html#24 "The Elements of Programming Style"
http://www.garlic.com/~lynn/2006y.html#31 "The Elements of Programming Style"
http://www.garlic.com/~lynn/2007e.html#15 The Genealogy of the IBM PC
http://www.garlic.com/~lynn/2007h.html#39 sizeof() was: The Perfect Computer - 36 bits?
http://www.garlic.com/~lynn/2007k.html#40 DEC and news groups
http://www.garlic.com/~lynn/2007t.html#74 What do YOU call the # sign?
http://www.garlic.com/~lynn/2008l.html#79 Book: "Everyone Else Must Fail" --Larry Ellison and Oracle ???
http://www.garlic.com/~lynn/2008m.html#37 Baudot code direct to computers?
http://www.garlic.com/~lynn/2008m.html#38 Baudot code direct to computers?
http://www.garlic.com/~lynn/2008m.html#51 Baudot code direct to computers?
http://www.garlic.com/~lynn/2008m.html#88 Sustainable Web
http://www.garlic.com/~lynn/2008n.html#51 Baudot code direct to computers?
http://www.garlic.com/~lynn/2008r.html#5 What if the computers went back to the '70s too?
http://www.garlic.com/~lynn/2008s.html#22 IBM PC competitors
http://www.garlic.com/~lynn/2009c.html#30 I need magic incantation for a power conditioner
http://www.garlic.com/~lynn/2009d.html#13 Typewrite repair?
http://www.garlic.com/~lynn/2009g.html#45 Netbooks: A terminal by any other name
http://www.garlic.com/~lynn/2009h.html#32 My Vintage Dream PC
http://www.garlic.com/~lynn/2009j.html#40 My "Green Screen" IBMLink is still working
http://www.garlic.com/~lynn/2009j.html#66 A Complete History Of Mainframe Computing
http://www.garlic.com/~lynn/2009l.html#27 August 7, 1944: today is the 65th Anniversary of the Birth of the Computer
http://www.garlic.com/~lynn/2009n.html#9 Existence of early 360 software ( was Re: Continous Systems Modelling Packa
http://www.garlic.com/~lynn/2009r.html#63 tty
http://www.garlic.com/~lynn/2009s.html#0 tty
http://www.garlic.com/~lynn/2010b.html#27 Happy DEC-10 Day
http://www.garlic.com/~lynn/2010c.html#46 Mythical computers and magazine reviews
http://www.garlic.com/~lynn/2010c.html#85 Apple iPad -- this merges with folklore
http://www.garlic.com/~lynn/2010d.html#14 Happy DEC-10 Day
http://www.garlic.com/~lynn/2010d.html#74 Adventure - Or Colossal Cave Adventure
http://www.garlic.com/~lynn/2010j.html#75 What is the protocal for GMT offset in SMTP (e-mail) header
http://www.garlic.com/~lynn/2011d.html#15 I actually miss working at IBM
http://www.garlic.com/~lynn/2011g.html#28 program coding pads
http://www.garlic.com/~lynn/2011h.html#38 Happy 100th Birthday, IBM!
http://www.garlic.com/~lynn/2012m.html#25 Singer Cartons of Punch Cards
http://www.garlic.com/~lynn/2012m.html#27 Singer Cartons of Punch Cards

--
virtualization experience starting Jan1968, online at home since Mar1970

OSI: The Internet That Wasn't

Refed: **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: OSI: The Internet That Wasn't
Newsgroups: alt.folklore.computers
Date: Sat, 10 Aug 2013 18:15:17 -0400
Peter Flass <Peter_Flass@Yahoo.com> writes:
You don't give a date, but for a long time System/370 TCP/IP could better be described as "minimally functional" or "barely adequate" rather than "perfect." It was certainly bad until "MVS" TCP/IP got rewritten so as not to be a port from VM, and, as Lynn has mentioned several times, having the Raleigh people involved was a big drag.

originally done from scratch in vs/pascal ... starting out with just the protocol stack ... and then adding increasing number of traditional services/applications. there were some performance issues (getting about 44kbytes/sec taking nearly full 3090 processor), i did the source code changes for rfc1044 and in some tests at cray research got channel throughput between cray and 4341 using only modest amount of 4341 processor (possibly 500 times improvement in bytes moved per instruction executed) some past posts
http://www.garlic.com/~lynn/subnetwork.html#1044

about the time i was doing rfc1044, there was presentation at IETF meeting for gigabit router cutting minimum pathlength from about 120 instructions to about 80 instructions.

this vm/370 implementation was ported to MVS by emulating some vm370 functions.

later communication group hired contractor to do tcp/ip stack in vtam. he initially demo'ed with tcp much faster than lu6.2 and the communication group told him that everybody "knows" that a "correct" implementation of tcp/ip is slower than lu6.2 ... and they would only be paying for a "correct" implementation.

at that time vtam lu6.2 did 14 buffer copies and had a 160,000 instruction pathlength ... (for something like 8k buffer, on a fast machine, buffer copy hit to caches could take more processor cycles than the straight instruction count). about the same time, a compareable unix (bsd) implementation did 5 buffer copies and had 5,000 instruction pathlength.

misc. past posts mentioning lu6.2, buffer copies and pathlength
http://www.garlic.com/~lynn/98.html#34 ... cics ... from posting from another list
http://www.garlic.com/~lynn/2003j.html#2 Fix the shuttle or fly it unmanned
http://www.garlic.com/~lynn/2004o.html#60 JES2 NJE setup
http://www.garlic.com/~lynn/2005p.html#15 DUMP Datasets and SMS
http://www.garlic.com/~lynn/2006l.html#53 Mainframe Linux Mythbusting (Was: Using Java in batch on z/OS?)
http://www.garlic.com/~lynn/2006m.html#0 Mainframe Linux Mythbusting
http://www.garlic.com/~lynn/2008d.html#1 What happened to resumable instructions?
http://www.garlic.com/~lynn/2009l.html#17 SNA: conflicting opinions
http://www.garlic.com/~lynn/2011p.html#94 Has anyone successfully migrated off mainframes?
http://www.garlic.com/~lynn/2012n.html#68 Should you support or abandon the 3270 as a User Interface?

past posts in this thread:
http://www.garlic.com/~lynn/2013j.html#64 OSI: The Internet That Wasn't
http://www.garlic.com/~lynn/2013j.html#65 OSI: The Internet That Wasn't
http://www.garlic.com/~lynn/2013j.html#66 OSI: The Internet That Wasn't
http://www.garlic.com/~lynn/2013j.html#67 OSI: The Internet That Wasn't
http://www.garlic.com/~lynn/2013j.html#68 OSI: The Internet That Wasn't
http://www.garlic.com/~lynn/2013j.html#69 OSI: The Internet That Wasn't

--
virtualization experience starting Jan1968, online at home since Mar1970

copyright protection/Doug Englebart

Refed: **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: copyright protection/Doug Englebart
Newsgroups: alt.folklore.computers
Date: Sun, 11 Aug 2013 09:14:28 -0400
greymausg <maus@mail.com> writes:
Mushrooms are cheap. The wild ones are nice.

there use to be comment about people working in santa teresa lab (since renamed silicon valley lab) being mushrooms ... kept in the dark and fed sh*t (this analogy has also been used to describe various other occupations).

STL is at the south end of silicon valley and the north end of coyote valley. Originally, it was going to be named Coyote lab (after convention for naming for the closest post-office) ... but just before it opened there were demonstrations by an organization of working ladies from San Francisco called Coyote, on the steps of the US Capital bldg .. and it was quickly renamed Santa Teresa after the closest cross-street.

A mile or two south of STL on Santa Teresa is a large mushroom growing operation ... and then Santa Teresa continues on south to Morgan Hill (the mushroom capital of the world) passing more mushroom growing operations.

Santa Teresa continues on south to Gilroy, the garlic capital of the world. In the mornings with the valley wind blowing north towards the bay, you could come out of the house and be hit in the face with the smell of the garlic fields

as an aside ... go west of Gilroy over Hecker pass to Watsonville on Monterey bay where lots of the country's strawberries come from ... and then continue south towards Salinas and Carmel are lots of fields of all sorts, artichokes, lettuce, etc

Past post mentioning Coyote valley:
http://www.garlic.com/~lynn/2000b.html#56 South San Jose (was Tysons Corner, Virginia)
http://www.garlic.com/~lynn/2000e.html#20 Is Al Gore The Father of the Internet?^
http://www.garlic.com/~lynn/2001g.html#34 Did AT&T offer Unix to Digital Equipment in the 70s?
http://www.garlic.com/~lynn/2001g.html#37 Thread drift: Coyote Union (or Coyote Ugly?)
http://www.garlic.com/~lynn/2001i.html#11 YKYGOW...
http://www.garlic.com/~lynn/2002j.html#6 HONE was .. Hercules and System/390 - do we need it?
http://www.garlic.com/~lynn/2002n.html#66 Mainframe Spreadsheets - 1980's History
http://www.garlic.com/~lynn/2002o.html#11 Home mainframes
http://www.garlic.com/~lynn/2002o.html#69 So I tried this //vm.marist.edu stuff on a slow Sat. night,
http://www.garlic.com/~lynn/2003b.html#63 When/why did "programming" become "software development?"
http://www.garlic.com/~lynn/2003e.html#60 reviving Multics -- Computer Museum
http://www.garlic.com/~lynn/2003i.html#25 TGV in the USA?
http://www.garlic.com/~lynn/2003m.html#14 Seven of Nine
http://www.garlic.com/~lynn/2003o.html#10 IS CP/M an OS?
http://www.garlic.com/~lynn/2003p.html#32 Mainframe Emulation Solutions
http://www.garlic.com/~lynn/2004c.html#31 Moribund TSO/E
http://www.garlic.com/~lynn/2004e.html#12 Pre-relational, post-relational, 1968 CODASYL "Survey of Data Base Systems"
http://www.garlic.com/~lynn/2004m.html#6 a history question
http://www.garlic.com/~lynn/2005.html#25 Network databases
http://www.garlic.com/~lynn/2005m.html#21 Old Computers and Moisture don't mix - fairly OT
http://www.garlic.com/~lynn/2005m.html#22 Old Computers and Moisture don't mix - fairly OT
http://www.garlic.com/~lynn/2006.html#21 IBM up for grabs?
http://www.garlic.com/~lynn/2006.html#24 IBM up for grabs?
http://www.garlic.com/~lynn/2006r.html#21 50th Anniversary of invention of disk drives
http://www.garlic.com/~lynn/2007e.html#34 Is computer history taught now?
http://www.garlic.com/~lynn/2007g.html#62 The Perfect Computer - 36 bits?
http://www.garlic.com/~lynn/2008k.html#68 Historian predicts the end of 'science superpowers'
http://www.garlic.com/~lynn/2009i.html#63 64 Cores -- IBM is showing a prototype already
http://www.garlic.com/~lynn/2009n.html#16 Mainframe Hall of Fame: Three New Members Added
http://www.garlic.com/~lynn/2009n.html#19 Mainframe Hall of Fame: Three New Members Added
http://www.garlic.com/~lynn/2009q.html#45 The 50th Anniversary of the Legendary IBM 1401
http://www.garlic.com/~lynn/2011c.html#46 If IBM Hadn't Bet the Company
http://www.garlic.com/~lynn/2011d.html#54 Maybe off topic
http://www.garlic.com/~lynn/2011j.html#9 program coding pads
http://www.garlic.com/~lynn/2012.html#84 Where are all the old tech workers?
http://www.garlic.com/~lynn/2012b.html#11 The PC industry is heading for collapse
http://www.garlic.com/~lynn/2013g.html#27 Old data storage or data base
http://www.garlic.com/~lynn/2013g.html#61 What Makes a bridge Bizarre?

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

Refed: **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Sun, 11 Aug 2013 09:55:05 -0400
Lon <lon.stowell@comcast.net> writes:
There were a veritable plethora of glass teletypes during the era. Then along came the 3270 clones of native bsc/sna variety as well as several async style with a 25th status line. Enough so that the chip vendors had pretty much 'terminal on a chip' offerings. Including one so brain dead that you could fire off a buffer search for characters or bits of characters, but once you found such, the !!@$@!@$ controller didn't have the option of "ok, now that you found the character/field, would it be possible for you to give me the freakin buffer address" [name not provided to protect the terminally moronic vendor].

there were two people at los gatos lab that did pascal originally for internal vlsi tool development ... which eventually morphs into the mainframe (and rs/6000) pascal product . one of the people leave and does a startup to make enhanced 3270 clone controllers ... where are lot of edit functions are outboard in the controller ... they figured they had a huge market in TSO users because TSO response and human factors are so horrible.

the growing PC market squashed that business ... and he went on to become VP of software development at MIPS and then general manager of a SUN business unit (that included responsibility for JAVA).

past reference to comparison of 3277/3272 terminal/controller combination to 3278/3274 combination (along with some TSO/CMS comparison reference)
http://www.garlic.com/~lynn/2001m.html#19 3270 protocol

Almost immediately after opening, STL is bursting at the seems ... recent STL opening reference:
http://www.garlic.com/~lynn/2013k.html#18 copyright protection/Doug Englebart

and they are moving 300 people from the IMS group to off-site bldg. The IMS group are offered "remote" 3270 (sna) back to the STL datacenter ... but they found the human factors horrible. They were use to local channel attached 3270 CMS response (aka they use CMS for MVS/IMS development). I get con'ed into doing channel extender support ... putting local channel attached 3270s at the remote bldg. They find no difference between remote local channel attached 3270s and channel attached 3270s at STL.

the vendor tries to get approval to ship my support ... but there are some people in POK that are playing with serial fiber stuff that manage to get it veto'ed ... they are worried if it was in the market, it might inhibit getting their work released.

having done that channel extender support was somewhat reason in 1988 I was asked if I could help LLNL standardize some serial stuff they had ... this eventually turns into Fibre Channel Standard (FCS) ... about the same time that the old POK serial stuff ships with ES/9000 as ESCON (by the time it ships, it is already obsolete).

some POK channel engineers then become involved in FCS and define a heavy-weight layer that enormously cuts the throughput of the underlying native FCS throughput ... which eventually ships as FICON. past posts mentioning FICON
http://www.garlic.com/~lynn/submisc.html#ficon

some recent posts mentioning doing channel extender for STL in 1980
http://www.garlic.com/~lynn/2013g.html#2 A Complete History Of Mainframe Computing
http://www.garlic.com/~lynn/2013g.html#3 A Complete History Of Mainframe Computing
http://www.garlic.com/~lynn/2013g.html#14 Tech Time Warp of the Week: The 50-Pound Portable PC, 1977
http://www.garlic.com/~lynn/2013g.html#23 Old data storage or data base
http://www.garlic.com/~lynn/2013g.html#24 Old data storage or data base
http://www.garlic.com/~lynn/2013g.html#45 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013g.html#85 Old data storage or data base
http://www.garlic.com/~lynn/2013h.html#42 The Mainframe is "Alive and Kicking"
http://www.garlic.com/~lynn/2013h.html#80 Minicomputer Pricing
http://www.garlic.com/~lynn/2013i.html#37 The Subroutine Call
http://www.garlic.com/~lynn/2013i.html#47 Making mainframe technology hip again
http://www.garlic.com/~lynn/2013i.html#50 The Subroutine Call
http://www.garlic.com/~lynn/2013i.html#59 Making mainframe technology hip again
http://www.garlic.com/~lynn/2013i.html#63 Making mainframe technology hip again
http://www.garlic.com/~lynn/2013j.html#86 IBM unveils new "mainframe for the rest of us"

some recent posts mentioning pascal:
http://www.garlic.com/~lynn/2013.html#27 Java Security?
http://www.garlic.com/~lynn/2013.html#28 Java Security?
http://www.garlic.com/~lynn/2013.html#29 Java Security?
http://www.garlic.com/~lynn/2013.html#31 Java Security?
http://www.garlic.com/~lynn/2013b.html#21 New HD
http://www.garlic.com/~lynn/2013b.html#60 New HD
http://www.garlic.com/~lynn/2013b.html#71 New HD
http://www.garlic.com/~lynn/2013c.html#53 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013c.html#75 Still not convinced about the superiority of mainframe security vs distributed?
http://www.garlic.com/~lynn/2013c.html#79 Still not convinced about the superiority of mainframe security vs distributed?
http://www.garlic.com/~lynn/2013g.html#87 Old data storage or data base
http://www.garlic.com/~lynn/2013h.html#34 CLECs, Barbara, and the Phone Geek
http://www.garlic.com/~lynn/2013h.html#80 Minicomputer Pricing
http://www.garlic.com/~lynn/2013i.html#11 EBCDIC and the P-Bit
http://www.garlic.com/~lynn/2013i.html#42 Theology question: Parameter formats
http://www.garlic.com/~lynn/2013i.html#43 Theology question: Parameter formats
http://www.garlic.com/~lynn/2013i.html#52 Internet Mainframe Forums Considered Harmful
http://www.garlic.com/~lynn/2013i.html#71 Future of COBOL based on RDz policies was Re: RDz or RDzEnterprise developers
http://www.garlic.com/~lynn/2013k.html#17 OSI: The Internet That Wasn't

--
virtualization experience starting Jan1968, online at home since Mar1970

JPMorgan Nears Settlement on 'London Whale' Case

From: lynn@garlic.com
Subject: JPMorgan Nears Settlement on 'London Whale' Case
Date: 11 Aug 2013
Blog: Financial Crime Risk, Fraud and Security
S.E.C. Is Said to Press JPMorgan for an Admission of Wrongdoing
http://dealbook.nytimes.com/2013/08/08/inquiry-into-jpmorgans-trading-loss-enters-final-stage/

JPMorgan Nears Settlement With SEC on London Whale Loss
http://www.bloomberg.com/news/2013-08-08/jpmorgan-nears-settlement-with-sec-on-london-whale-loss.html
Authorities Plan to Arrest 2 Former JPMorgan Employees in London Whale Case
http://dealbook.nytimes.com/2013/08/09/authorities-set-to-arrest-2-former-jpmorgan-employees-in-london-whale-case/?_r=0

a lot more discussion here:
http://www.zerohedge.com/news/2013-08-10/two-former-jpmorgan-london-whale-traders-are-about-be-arrested

posts mentioning too big to fail
http://www.garlic.com/~lynn/submisc.html#too-big-to-fail

--
virtualization experience starting Jan1968, online at home since Mar1970

Justice Dept. Sues Bank of America Over Mortgage Securities

From: lynn@garlic.com
Subject: Justice Dept. Sues Bank of America Over Mortgage Securities
Date: 11 Aug 2013
Blog: Financial Crime Risk, Fraud and Security
re:
http://www.garlic.com/~lynn/2013k.html#13 Justice Dept. Sues Bank of America Over Mortgage Securitise

more from black here: Bill Black On The DoJ's Seven Biggest 'Fails' In The BofA Lawsuit
http://www.zerohedge.com/news/2013-08-10/bill-black-dojs-seven-biggest-fails-bofa-lawsuit

posts mentioning too big to fail
http://www.garlic.com/~lynn/submisc.html#too-big-to-fail
posts mentioning toxic CDOs
http://www.garlic.com/~lynn/submisc.html#toxic.cdo

--
virtualization experience starting Jan1968, online at home since Mar1970

Why DOJ Deemed Bank Execs Too Big To Jail

Refed: **, - **, - **, - **, - **
From: lynn@garlic.com
Subject: Why DOJ Deemed Bank Execs Too Big To Jail
Date: 11 Aug 2013
Blog: Financial Crime Risk, Fraud and Security
re:
http://www.garlic.com/~lynn/2013j.html#73 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013j.html#77 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013j.html#80 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013k.html#9 Why DOJ Deemed Bank Execs Too Big To Jail

Insight: Top Justice officials connected to mortgage banks
http://www.reuters.com/article/2012/01/20/us-usa-holder-mortgage-idUSTRE80J0PH20120120

from above:
U.S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department's criminal division, were partners for years at a Washington law firm that represented a Who's Who of big banks and other companies at the center of alleged foreclosure fraud, a Reuters inquiry shows.

... snip ...

too big to fail (too big to prosecute too big to jail) and too big to fight leaking into popular literature, A Delicate Truth, John le Carre pg64/loc886-88:
Grim, darling, just appalling. We're clever and nice, but we're understaffed and underpaid and we want the best for our country, which is old-fashioned of us. New Labour loves Big Greed, and Big Greed has armies of amoral lawyers and accountants on the make and pays them the earth to make rings round us. We can't compete; they're too big to fail and too big to fight. Now I've depressed you.

... snip ...

post mentioning too big to fail
http://www.garlic.com/~lynn/submisc.html#too-big-to-fail

--
virtualization experience starting Jan1968, online at home since Mar1970

copyright protection/Doug Englebart

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: copyright protection/Doug Englebart
Newsgroups: alt.folklore.computers
Date: Sun, 11 Aug 2013 12:31:43 -0400
Michael Black <et472@ncf.ca> writes:
"Coyote" wasn't a random name, "Something Off Your Old Tired Ethics" and while I thought all this time the first letter was for "keep" apparently not. Or, they couldn't spell right.

re:
http://www.garlic.com/~lynn/2013k.html#18 copyright protection/Doug Englebart

Call Off Your Old Tired Ethics
https://en.wikipedia.org/wiki/COYOTE

disclaimer: had taken the kids to DC the week Coyote was demonstrating on the steps of the capital.

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

Refed: **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Sun, 11 Aug 2013 20:16:17 -0400
Lawrence Statton <lawrence@cluon.com> writes:
Bit-paired keyboard. Just like on the ASR-33 where the top row is

! " # $ % & ' ( ) 1 2 3 4 5 6 7 8 9 0

Because in ascii those same keys are ( in hex, because that's how I have it memorized)

21 22 23 24 25 26 27 28 29 31 32 33 34 35 36 37 38 39


re:
http://www.garlic.com/~lynn/2013k.html#16 Unbuffered glass TTYs?
http://www.garlic.com/~lynn/2013k.html#19 spacewar

old email about trying to get ASCII APL translate tables correct for bit-pairing & type-pairing ascii displays
http://www.garlic.com/~lynn/2006y.html#email800301

in this past post discussion glass tty & topaz/3101
http://www.garlic.com/~lynn/2006y.html#0

which also has this other old email about vm370 tty support
http://www.garlic.com/~lynn/2006y.html#email791011
http://www.garlic.com/~lynn/2006y.html#email791011b

part of the issue was that cms virtual machine was doing terminal input/output to a virtual 3215 hardcopy terminal ... that was then mapped to various different kinds of real terminals (3270s, various kinds of glass tty, etc).

one of the issues was that CMS wrote one line at a time to the virtual 3215 ... so that there was lots of interaction back & forth between CMS & VM370s for emulated terminal output. One of the above emails mention that I did modifications to the CMS terminal interface program (DMSCIT) to change to write multiple lines in a single I/O ... which could significantly reduce the number of back & forth going on between CMS virtual machines and VM370.

It also mentions VM370 "diag 58" ... which was "full screen 3270 i/o" ... which was used by CMS fullscreen applications like XEDIT (when dealing with real 3270 terminals).

a couple other posts mentioning DMSCIT changes
http://www.garlic.com/~lynn/2006q.html#11 what's the difference between LF(Line Fee) and NL (New line) ?
http://www.garlic.com/~lynn/2009s.html#0 tty

this
http://www.garlic.com/~lynn/2003c.html#35 diffence between itanium and alpha
has this old email discussing overall system performance improvement from the DMSCIT chained CCW change.
http://www.garlic.com/~lynn/2003c.html#email790329

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Sun, 11 Aug 2013 20:48:46 -0400
re:
http://www.garlic.com/~lynn/2013k.html#16 Unbuffered glass TTYs?
http://www.garlic.com/~lynn/2013k.html#19 spacewar
http://www.garlic.com/~lynn/2013k.html#24 spacewar

a later email about the cms (dmscit) change
http://www.garlic.com/~lynn/2001f.html#email830420
in this post
http://www.garlic.com/~lynn/2001f.html#57

discussing it and some other changes to improve performance.

part of the discussion was some major changes from vm/370 to vm/sp that resulted in significant performance degradation for many customers ... which was partially masked by some other changes about how 3270 terminal i/o was handled. however as mentioned ... there were some number of customers that didn't have 3270 terminals ... were all tty/ascii ... where the performance degradation was much more evident.

--
virtualization experience starting Jan1968, online at home since Mar1970

The agency problem and how to create a criminogenic environment

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: lynn@garlic.com
Subject: The agency problem and how to create a criminogenic environment
Date: 12 Aug 2013
Blog: Financial Crime Risk, Fraud and Security
The agency problem and how to create a criminogenic environment
http://www.creditwritedowns.com/2013/08/white-collar-crime-regulation-control-fraud.html

The above has the following comment:
Notice how strongly they wrote their conclusion -- savings and loan (S&L) deregulation was "bound to produce looting."

with regard to
"The S&L crisis, however, was also caused by misunderstanding. Neither the public nor economists foresaw that the regulations of the 1980s were bound to produce looting. Nor, unaware of the concept, could they have known how serious it would be. Thus the regulators in the field who understood what was happening from the beginning found lukewarm support, at best, for their cause. Now we know better. If we learn from experience, history need not repeat itself" (Akerlof & Romer 1993: 60).

... snip ...

Note that the original regulator refused to eliminate regulation and cut the S&L reserves requirements in half. He was then asked to resign to be replaced by somebody who would do what the president asked.

supporting lots of press about recent increased regulatory "capture", too big to prosecute, too big to jail, etc ... there were over 700 that did jail time in the S&L crisis ... but while the most recent economic mess has been much worse, there has been nobody doing jail time

past posts mentioning too big to fail, too big to prosecute, too big to jail, etc
http://www.garlic.com/~lynn/submisc.html#too-big-to-fail

The Two Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash
http://www.amazon.com/Two-Trillion-Dollar-Meltdown-Rollers-ebook/dp/B0097DE7DM/

loc655-67:
By the time Pratt had finished, it was possible for a single individual to take control of an S&L, then organize and lend to multiple subsidiaries -- for land acquisition, construction, building management, and the like -- and create his own small real estate empire entirely with depositors' money.

loc657-58:
Or more commonly, to pretend to create a real estate empire while siphoning deposits into, say, personal jet planes, a favorite in Texas.

loc660-61:
Another owner with a $1.8 billion loan book had bought six Learjets before the Feds noticed that 96 percent of his loans were delinquent.

... snip ...

another work on the subject:

The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&L Industry
http://www.amazon.com/Best-Way-Rob-Bank-Own-ebook/dp/B00H5B9Z80/

recent blog post referencing Galbraith's "Innocent Fraud"
https://en.wikipedia.org/wiki/The_Economics_of_Innocent_Fraud
and Black's "Control Fraud"
https://en.wikipedia.org/wiki/Control_fraud

Privatization Of Protection Rackets
http://mikenormaneconomics.blogspot.com/2013/08/privatization-of-protection-rackets.html

Teaching White-Collar Crime
http://www.therealnews.com/t2/component/content/article/75-william-black/1688-teaching-white-collar-crime

--
virtualization experience starting Jan1968, online at home since Mar1970

Unbuffered glass TTYs?

Refed: **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: Unbuffered glass TTYs?
Newsgroups: alt.folklore.computers
Date: Tue, 13 Aug 2013 10:27:45 -0400
Peter Flass <Peter_Flass@Yahoo.com> writes:
You mean ISPF? That had UNDO. ISTR We didn't like the key binding and changed it for compatibility with XEDIT.

ISPF was one of the things that had hard time living in the world of charged for software ... and requirements that revenue cover original development plus ongoing. The work around was to combine with some other product for book keeping purposes (combined product revenues covered combined costs). misc. past posts mentioning 23jun69 unbundling announcement and starting to charge for application software
http://www.garlic.com/~lynn/submain.html#unbundle

one of the early ones was JES2 networking ... which couldn't even get announced because there was no price point where projected customers would cover costs. gimmick was to announce combine JES2 & VM370 network product ... where vm370 networking revenue subsidized JES2 costs.

while in the JES2 networking case ... at least both products were networking ... and vm370 networking even provided a driver that could talk JES2 networking (although the vm370 native networking driver was more efficient and had higher throughput). misc. past posts mentioning HASP & JES2
http://www.garlic.com/~lynn/submain.html#hasp

In the ISPF case ... at the time, they had 200 developers ... and ISPF revenue never came close to covering costs. They combined it with vm370 performance products (not even remotely related) ... and cut vm370 performance products group back to 3 people ... in order for the combined revenue to cover the ISPF costs.

misc. past posts mentioning ISPF
http://www.garlic.com/~lynn/2000d.html#17 Where's all the VMers?
http://www.garlic.com/~lynn/2001m.html#33 XEDIT on MVS
http://www.garlic.com/~lynn/2002m.html#52 Microsoft's innovations [was:the rtf format]
http://www.garlic.com/~lynn/2003k.html#0 VSPC
http://www.garlic.com/~lynn/2003o.html#42 misc. dmksnt
http://www.garlic.com/~lynn/2004c.html#26 Moribund TSO/E
http://www.garlic.com/~lynn/2004g.html#43 Sequence Numbbers in Location 73-80
http://www.garlic.com/~lynn/2005j.html#7 TSO replacement?
http://www.garlic.com/~lynn/2005j.html#8 TSO replacement?
http://www.garlic.com/~lynn/2005q.html#15 HASP/ASP JES/JES2/JES3
http://www.garlic.com/~lynn/2005t.html#40 FULIST
http://www.garlic.com/~lynn/2006k.html#50 TSO and more was: PDP-1
http://www.garlic.com/~lynn/2006o.html#21 Source maintenance was Re: SEQUENCE NUMBERS
http://www.garlic.com/~lynn/2006p.html#13 What part of z/OS is the OS?
http://www.garlic.com/~lynn/2006s.html#3 THE on USS?
http://www.garlic.com/~lynn/2007g.html#4 ISPF Limitations (was: Need for small machines ... )
http://www.garlic.com/~lynn/2007g.html#5 Call for XEDIT freaks, submit ISPF requirements
http://www.garlic.com/~lynn/2007g.html#14 ISPF not productive
http://www.garlic.com/~lynn/2007g.html#50 IBM to the PCM market
http://www.garlic.com/~lynn/2007h.html#8 whiny question: Why won't z/OS support the HMC 3270 emulator
http://www.garlic.com/~lynn/2007o.html#69 ServerPac Installs and dataset allocations
http://www.garlic.com/~lynn/2007t.html#40 Why isn't OMVS command integrated with ISPF?
http://www.garlic.com/~lynn/2008h.html#43 handling the SPAM on this group
http://www.garlic.com/~lynn/2008m.html#62 CHROME and WEB apps on Mainframe?
http://www.garlic.com/~lynn/2009l.html#59 ISPF Counter
http://www.garlic.com/~lynn/2009l.html#60 ISPF Counter
http://www.garlic.com/~lynn/2009s.html#46 DEC-10 SOS Editor Intra-Line Editing
http://www.garlic.com/~lynn/2010g.html#6 Call for XEDIT freaks, submit ISPF requirements
http://www.garlic.com/~lynn/2010g.html#7 Call for XEDIT freaks, submit ISPF requirements
http://www.garlic.com/~lynn/2010g.html#50 Call for XEDIT freaks, submit ISPF requirements
http://www.garlic.com/~lynn/2010g.html#51 Call for XEDIT freaks, submit ISPF requirements
http://www.garlic.com/~lynn/2010k.html#54 Unix systems and Serialization mechanism
http://www.garlic.com/~lynn/2010m.html#84 Set numbers off permanently
http://www.garlic.com/~lynn/2010o.html#33 Why are TSO IDs limited to 7 characters
http://www.garlic.com/~lynn/2010o.html#85 REXX "address" environments
http://www.garlic.com/~lynn/2010p.html#30 Philosophy: curiousity question
http://www.garlic.com/~lynn/2011.html#32 CMS Sort Descending?
http://www.garlic.com/~lynn/2011h.html#19 When is performance really an issue? Was: Running an ISPF applicction from one pds
http://www.garlic.com/~lynn/2011h.html#20 When is performance really an issue? Was: Running an ISPF applicction from one pds
http://www.garlic.com/~lynn/2011m.html#42 CMS load module format
http://www.garlic.com/~lynn/2011o.html#21 The "IBM Displays" Memory Lane (Was: TSO SCREENSIZE)
http://www.garlic.com/~lynn/2011p.html#84 Is there an SPF setting to turn CAPS ON like keyboard key?
http://www.garlic.com/~lynn/2011p.html#106 SPF in 1978
http://www.garlic.com/~lynn/2012.html#53 Has anyone successfully migrated off mainframes?
http://www.garlic.com/~lynn/2012b.html#85 The PC industry is heading for collapse
http://www.garlic.com/~lynn/2012d.html#19 Writing article on telework/telecommuting
http://www.garlic.com/~lynn/2012d.html#20 Writing article on telework/telecommuting
http://www.garlic.com/~lynn/2012e.html#63 Typeface (font) and city identity
http://www.garlic.com/~lynn/2012f.html#53 Image if someone built a general-menu-system
http://www.garlic.com/~lynn/2012k.html#33 Using NOTE and POINT simulation macros on CMS?
http://www.garlic.com/~lynn/2012n.html#64 Should you support or abandon the 3270 as a User Interface?
http://www.garlic.com/~lynn/2013e.html#84 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013i.html#36 The Subroutine Call

--
virtualization experience starting Jan1968, online at home since Mar1970

Flag bloat

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From: lynn@garlic.com
Subject: Flag bloat
Date: 15 Aug 2013
Blog: Disciples of Boyd's Strategy
Flag bloat
http://elpdefensenews.blogspot.com/2013/08/flag-bloat.html
What is worse is that many of these flag ranks bring nothing to the fight.

"They remind me of the lilies of the field. They toil not, neither do they spin. But they seem to eat a great deal. I see no practical use for them."

-Spock, on Tribbles-


... snip ...

In briefings, Boyd would contrast the percent of officers in WW2 US military at 11% (growing to 20%) with Germany's 3%. His description was that at entry to WW2, the US military had to deploy a large number of with little or no experience and used a rigid, top-down, command&control infrastructure to leverage the few skills available ... and large number of officers were required for that type of infrastructure.

There is intersection of rigid top-down command&control structure to leverage scarce skills & experience at the very top ... and implicit assumption that only those at the top know what they are doing in rigid top-down command&control structure.

Boyd would claim that former WW2 military officers were starting to contaminate US corporate culture ... based on their training for rigid, top-down command & control structure and only those at the very top know what they are doing.

This gets into explanation for ratio of avg. top executive compensation to avg. worker compensation exploding to over 400:1 ... after being 20:1 for a long time. It also becomes self-fulfilling prophecy ... firing skilled resources and replacing with large number of poorly paid inexperienced workers. The other use for large number of officers is the MICC revolving door. Long winded post over in facebook discussion ... getting into some intersection of financial mess, privatizing of intelligence, and MICC revolving door (longer than linkedin single post limit)

Gerstner was in competition to be next CEO of AMEX. The looser leaves and takes his protege with him. They go to Baltimore and this description has them taking over a loan sharking business
http://www.counterpunch.org/2012/05/15/why-jamie-dimons-2-billion-gambling-loss-will-not-speed-financial-reform/

They do some number of other take-overs and eventual acquire Citibank in violation of Glass-Steagall. Greenspan gives them an exemption while they lobby congress for repeal of Glass-Steagall, creating too-big-to-fail. on times list of those responsible
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877329,00.html
The protege then leaves to head up another too-big-to-fail

AMEX & KKR are in competition for reverse-IPO (leveraged buyout, private-equity take-over) of RJR. KKR wins but runs into some trouble and hires away Gerstner to turn around RJR. IBM has gone into the red and had been re-organized into the 13 "baby blues" in preparation for breakup. IBM board hires Gerstner away to resurrect IBM (and reverse the break-up). Gerstner later leaves IBM to become head of another large private equity company ... which then does reverse-IPO (private-equity buyout) of Booz-Allen.
http://mikenormaneconomics.blogspot.com/2013/08/privatization-of-protection-rackets.html
another This Independent Technical Review Group Brought to You By the Booz Allen Hamilton Director of National Intelligence
http://www.emptywheel.net/2013/08/12/this-technical-review-group-brought-to-you-by-the-booz-allen-hamilton-director-of-national-intelligence/

no.2 on times list of those responsible for economic mess (both repeal of Glass-Steagall and preventing CDSs from being regulated ... in conjunction with his wife)
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877330,00.html
Gramm and the 'Enron Loophole'
http://www.nytimes.com/2008/11/17/business/17grammside.html
Enron was a major contributor to Mr. Gramm's political campaigns, and Mr. Gramm's wife, Wendy, served on the Enron board, which she joined after stepping down as chairwoman of the Commodity Futures Trading Commission.

Phil Gramm's Enron Favor
http://www.villagevoice.com/2002-01-15/news/phil-gramm-s-enron-favor/
A few days after she got the ball rolling on the exemption, Wendy Gramm resigned from the commission. Enron soon appointed her to its board of directors, where she served on the audit committee, which oversees the inner financial workings of the corporation. For this, the company paid her between $915,000 and $1.85 million in stocks and dividends, as much as $50,000 in annual salary, and $176,000 in attendance fees,

Greenspan Slept as Off-Books Debt Escaped Scrutiny
http://www.bloomberg.com/apps/news?pid=20601109&refer=home&sid=aYJZOB_gZi0I
That same year Greenspan, Treasury Secretary Robert Rubin and SEC Chairman Arthur Levitt opposed an attempt by Brooksley Born, head of the Commodity Futures Trading Commission, to study regulating over-the-counter derivatives. In 2000, Congress passed a law keeping them unregulated.

Brooksley was fairly quickly replaced by Wendy Gramm as head of Commodity Futures Trading Commission, before Wendy then resigns to join Enron's board (after legislation passes preventing regulation). Rubin having aided in repeal of Glass-Steagall, resigns to become co-CEO of Citi

KKR
https://en.wikipedia.org/wiki/Kohlberg_Kravis_Roberts
recently shows up again here
http://dealbook.nytimes.com/2013/05/30/k-k-r-hires-petraeus/
About the time IBM is going into the red and preparing to be split up (prior to being resurrected by Gerstner), AMEX spins off much of its dataprocessing in the largest IPO (up until that point) as FDC
https://en.wikipedia.org/wiki/First_Data

in late 90s, FDC merges with First Financial which includes Western Union. With the big increase in foreign workers sending their salaries home, by 2005, Western Union accounts for half FDC revenue ... and is spun off in IPO. FDC corporate is then lop'ed off and KKR does private equity take-over of the remainder of FDC in the largest reverse-IPO (up until that point, 15yrs after having been the largest IPO).

Disclaimer ... some of the early description here has been garbled:
http://www.ibmsystemsmag.com/mainframe/stoprun/Stop-Run/Making-History/

--
virtualization experience starting Jan1968, online at home since Mar1970

The agency problem and how to create a criminogenic environment

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From: lynn@garlic.com
Subject: The agency problem and how to create a criminogenic environment
Date: 15 Aug 2013
Blog: Facebook
The agency problem and how to create a criminogenic environment
http://www.creditwritedowns.com/2013/08/white-collar-crime-regulation-control-fraud.html

The above has the following comment:

Notice how strongly they wrote their conclusion -- savings and loan (S&L) deregulation was "bound to produce looting."

with regard to
"The S&L crisis, however, was also caused by misunderstanding. Neither the public nor economists foresaw that the regulations of the 1980s were bound to produce looting. Nor, unaware of the concept, could they have known how serious it would be. Thus the regulators in the field who understood what was happening from the beginning found lukewarm support, at best, for their cause. Now we know better. If we learn from experience, history need not repeat itself" (Akerlof & Romer 1993: 60).

... snip ...

Note that the original regulator refused to eliminate regulation and cut the S&L reserves requirements in half. He was then asked to resign to be replaced by somebody who would do what the president asked.

... and in support of lots of press about recent increased regulatory "capture", too-big-to-prosecute, too-big-to-jail, etc ... there were over 700 that did jail time in the S&L crisis ... but while the most recent economic mess has been much worse, there has been nobody doing jail time

The Two Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash
http://www.amazon.com/Two-Trillion-Dollar-Meltdown-Rollers-ebook/dp/B0097DE7DM/

loc655-67:
By the time Pratt had finished, it was possible for a single individual to take control of an S&L, then organize and lend to multiple subsidiaries -- for land acquisition, construction, building management, and the like -- and create his own small real estate empire entirely with depositors' money.

... snip ...

I've heard the regulator & his predecessor agree that he caused the S&L crisis (eliminated regulations and cut reserve requirements in half) ... and go into additional detail ... and was amply rewarded by wallstreet afterwards ... in similar way that several of the legislative and regulatory players in the recent economic mess were rewarded. During the S&L crisis, there had been some use of securitized mortgages to obfuscate fraud ... but w/o triple-A rating there was little market. In the late 90s, we were asked to look at improving the integrity of the supporting documents in securitized mortgages (as countermeasure to that kind of fraud). However, when the loan originators found they could pay for triple-A rating, they found they no longer had to worry about borrower's qualifications, loan quality and/or supporting documents (and elimination of supporting documents eliminated issue of their integrity ... as well as later resulting in robo-signing fraud). Being able to pay for triple-A rating (when both the sellers and the rating agencies knew they weren't worth triple-A ... from Oct2008 hearings) also greatly expanded the market to include institutions restricted to dealing in "safe" investments (like large institutional retirement funds) ... contributing significantly to over $27T being done during the bubble:
Evil Wall Street Exports Boomed With 'Fools' Born to Buy Debt
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=home&sid=a0jln3.CSS6c

There was significant fees, commissions and skim all long the toxic CDOs value chain which is claimed to be the basis that the financial services industry increased by factor of 300% (as percent of GDP) during the bubble.

Note part of Black's view may because he was involved in investigating and prosecuting S&L fraud.
http://www.amazon.com/Best-Way-Rob-Bank-Own-ebook/dp/B00H5B9Z80/

Rhetoric in congress abut passage of Sarbanes-Oxley was that it would prevent future ENRON & Worldcom ... and guarantee that top CEOs and auditors would do jail time ... but it required SEC to do something. However, possibly GAO thought that SEC wasn't doing anything, GAO started doing reports of fraudulent financial filings that even showed increase after SOX (and nobody has done jail time). SOX also required that SEC do something about rating agencies that played pivotal role in economic mess, loans&mortgages moved from regulated depository institutions to mostly unregulated loan originators funded by triple-A rated toxic CDOs. SEC not doing anything also shows up in Madoff hearings that had person that had tried unsuccessfully for a decade to get SEC to do something (about Madoff, things were forced when Madoff turned himself in).

Another factor regarding economists ... "Inside Job" references how leading economists were captured similar to the capture of the regulatory agencies.
https://en.wikipedia.org/wiki/Inside_Job_(2010_film)

"Economists and the Powerful: Convenient Theories, Distorted Facts, Ample Rewards" goes into the capture of economists in more detail
http://www.amazon.com/Economists-Powerful-Convenient-Distorted-ebook/dp/B009K44OW2

loc72-74:
"Only through having been caught so blatantly with their noses in the troughs (e.g. the 2011 Academy Award -- winning documentary Inside Job) has the American Economic Association finally been forced to adopt an ethical code, and that code is weak and incomplete compared with other disciplines."

... another quote loc957-62:
The AEA was pushed into action by a damning research report into the systematic concealment of conflicts of interest by top financial economists and by a letter from three hundred economists who urged the association to come up with a code of ethics. Epstein and Carrick-Hagenbarth (2010) have shown that many highly influential financial economists in the US hold roles in the private financial sector, from serving on boards to owning the respective companies. Many of these have written on financial regulation in the media or in scholarly papers. Very rarely have they disclosed their affiliations to the financial industry in their writing or in their testimony in front of Congress, thus concealing a potential conflict of interest.

... snip ...

Part of academy award winning documentary "Inside Job" was that as the economic mess was imploding, a wallstreet consultant advised that as many of the leading economists be tied up with contracts, grants, board membership, etc ... as part of significantly minimizing analysis of wallstreet role in the economic mess. The book then goes on to show that "capture" of economists (similar to regulatory captures) and questionable ethical standards isn't limited to the most recent event. It wasn't that the ethics in the economic profession was necessary direct cause of the economic mess ... but their ethics has contributed to misdirection and obfuscation regarding those that were responsible. Past example:
http://www.rollingstone.com/politics/blogs/taibblog/glenn-hubbard-leading-academic-and-mitt-romney-advisor-took-1200-an-hour-to-be-countrywides-expert-witness-20121220
working on behalf of #1 in times list of those responsible for the financial mess
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877339,00.html

... the above article mentioning over $27 TRILLION in triple-A toxic CDOs goes into some of the aspects of it leaking out into the rest of the world

Disclaimer: Jan2009 I was asked to HTML'ize the Pecora hearings (congressional hearings into crash of '29, had been scanned the fall before at Boston Public Library) with extensive internal HREF x-links and loads of URLs between what happened this time and what happened then (some anticipation that new congress would have appetite to do something). I worked on it for some time and then got a call saying it wouldn't be needed after all (references to enormous piles of wallstreet money blanketing capital hill).

The financial sector makes more political contributions than any other industry -- more than Big Pharma, agribusiness, and defense contractors combined.
http://johnhively.wordpress.com/2013/08/13/how-many-politicians-does-wall-street-buy-compared-to-everybody-else/

Gerstner was in competition to be next CEO of AMEX. The looser leaves and takes his protege with him. They go to Baltimore and this description has them taking over a loan sharking business
http://www.counterpunch.org/2012/05/15/why-jamie-dimons-2-billion-gambling-loss-will-not-speed-financial-reform/

They do some number of other take-overs and eventual acquire Citibank in violation of Glass-Steagall. Greenspan gives them an exemption while they lobby congress for repeal of Glass-Steagall, creating too-big-to-fail. on times list of those responsible
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877329,00.html

The protege then leaves to head up another too-big-to-fail

AMEX & KKR are in competition for reverse-IPO (leveraged buyout, private-equity take-over) of RJR. KKR wins but runs into some trouble and hires away Gerstner to turn around RJR. IBM has gone into the red and had been re-organized into the 13 "baby blues" in preparation for breakup. IBM board hires Gerstner away to resurrect IBM (and reverse the break-up). Gerstner later leaves IBM to become head of another large private equity company ... which then does reverse-IPO (private-equity buyout) of Booz-Allen.
http://mikenormaneconomics.blogspot.com/2013/08/privatization-of-protection-rackets.html

another "This Independent Technical Review Group Brought to You By the Booz Allen Hamilton Director of National Intelligence"
http://www.emptywheel.net/2013/08/12/this-technical-review-group-brought-to-you-by-the-booz-allen-hamilton-director-of-national-intelligence/

no.2 on times list of those responsible for economic mess (both repeal of Glass-Steagall and preventing CDSs from being regulated ... in conjunction with his wife)
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877330,00.html
Gramm and the 'Enron Loophole'
http://www.nytimes.com/2008/11/17/business/17grammside.html
Enron was a major contributor to Mr. Gramm's political campaigns, and Mr. Gramm's wife, Wendy, served on the Enron board, which she joined after stepping down as chairwoman of the Commodity Futures Trading Commission.

Phil Gramm's Enron Favor
http://www.villagevoice.com/2002-01-15/news/phil-gramm-s-enron-favor/
A few days after she got the ball rolling on the exemption, Wendy Gramm resigned from the commission. Enron soon appointed her to its board of directors, where she served on the audit committee, which oversees the inner financial workings of the corporation. For this, the company paid her between $915,000 and $1.85 million in stocks and dividends, as much as $50,000 in annual salary, and $176,000 in attendance fees,

Greenspan Slept as Off-Books Debt Escaped Scrutiny
http://www.bloomberg.com/apps/news?pid=20601109&refer=home&sid=aYJZOB_gZi0I
That same year Greenspan, Treasury Secretary Robert Rubin and SEC Chairman Arthur Levitt opposed an attempt by Brooksley Born, head of the Commodity Futures Trading Commission, to study regulating over-the-counter derivatives. In 2000, Congress passed a law keeping them unregulated.

Brooksley was fairly quickly replaced by Wendy Gramm as head of Commodity Futures Trading Commission, before Wendy then resigns to join Enron's board (after legislation passes preventing regulation). Rubin having aided in repeal of Glass-Steagall, resigns to become co-CEO of Citi

KKR
https://en.wikipedia.org/wiki/Kohlberg_Kravis_Roberts
recently shows up again here
http://dealbook.nytimes.com/2013/05/30/k-k-r-hires-petraeus/

About the time IBM is going into the red and preparing to be split up (prior to being resurrected by Gerstner), AMEX spins off much of its dataprocessing in the largest IPO (up until that point) as FDC
https://en.wikipedia.org/wiki/First_Data

in late 90s, FDC merges with First Financial which includes Western Union. With the big increase in foreign workers sending their salaries home, by 2005, Western Union accounts for half FDC revenue ... and is spun off in IPO. FDC corporate is then lop'ed off and KKR does private equity take-over of the remainder of FDC in the largest reverse-IPO (up until that point, 15yrs after having been the largest IPO).

Disclaimer ... some of the early description here has been garbled:
http://www.ibmsystemsmag.com/mainframe/stoprun/Stop-Run/Making-History/

it is only a crime if a gun is used: "GOP Congressman Says There's No Such Thing As Wall Street Crime"
http://www.businessinsider.com/congressman-financial-crime-needs-a-gun-2013-8

this is old long winded post from Jan1999 by attendee at workshop that Tandem(/Compaq) put on for my wife and me:
http://www.garlic.com/~lynn/aepay3.htm#riskm

He was familiar with Citi in the 80s & early 90s when it had the largest ARM mortgage portfolio in the industry; they realize that it could take down the bank and get out of the business and sell off the portfolio ... nearly taking the bank down ... requiring private bailout to survive. Roll-forward into the economic mess and Citi is one of the biggest players in triple-A rated toxic CDOs (most CDOs are effectively large ARM mortgage portfolio in disguise) ... all the institutional knowledge regarding the pitfalls appear to have evaporated.

Note in Black's book (Best Way to Rob a Bank is to Own One), he has repeated examples of financial institution behavior that doesn't appear to make rational economic sense ... until you understand the fraud. --
virtualization experience starting Jan1968, online at home since Mar1970

Why DOJ Deemed Bank Execs Too Big To Jail

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From: lynn@garlic.com
Subject: Why DOJ Deemed Bank Execs Too Big To Jail
Date: 15 Aug 2013
Blog: Financial Crime Risk, Fraud and Security
re:
http://www.garlic.com/~lynn/2013j.html#73 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013j.html#77 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013j.html#80 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013k.html#9 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013k.html#22 Why DOJ Deemed Bank Execs Too Big To Jail

supposedly about Summers for fed reserve ... but also goes into some detail why (too-big-to-fail) citi wasn't held accountable: Why Larry Summers' Ego Matters
http://www.zerohedge.com/news/2013-08-12/why-larry-summers-ego-matters

from above:
Unbeknownst to most of us in 2009, the battle lines in the debate were weighted strongly against Citi.

Treasury Secretary Tim Geithner was the bank's guardian angel, advocating relentlessly for its interests and fighting to block proposals its management didn't like.


... snip ...

Geithner
https://en.wikipedia.org/wiki/Timothy_Geithner

from above:
He was Under Secretary of the Treasury for International Affairs (1998-2001) under Treasury Secretaries Robert Rubin and Lawrence Summers.[9] Summers was his mentor,[17][18] but other sources call him a Rubin protege

... snip ...

although this has Summers working for citibank also Center For American Progress Says Larry Summers "Not A Wall Street Guy"
http://news.firedoglake.com/2013/08/14/center-on-american-progress-says-larry-summers-not-a-wall-street-guy/

from above:
Mr. Summers, 58, has been employed by the megabank Citigroup and the sprawling hedge fund D. E. Shaw. He works for a firm that advises small banks as well as the exchange company Nasdaq OMX. And he serves on the board of two Silicon Valley start-ups: both financial firms that may pursue initial public offerings in the next year

... snip ...

Summers
https://en.wikipedia.org/wiki/Lawrence_Summers

from above
In 1993 Summers was appointed Undersecretary for International Affairs and later in the United States Department of the Treasury under the Clinton Administration. In 1995, he was promoted to Deputy Secretary of the Treasury under his long-time political mentor Robert Rubin. In 1999, he succeeded Rubin as Secretary of the Treasury.

... snip ...

Rubin
https://en.wikipedia.org/wiki/Robert_Rubin
and
http://www.marketswiki.com/mwiki/Robert_E._Rubin

from above
Rubin began his career as an attorney at the firm of Cleary, Gottlieb, Steen & Hamilton in New York City from 1964 to 1966. He then joined Goldman, Sachs & Company as an associate in 1966, became a general partner in 1971 and joined the management committee in 1980. Rubin was vice-chairman and co-chief operating officer from 1987 to 1990 and served as co-senior partner and co-chairman from 1990 to 1992.

... snip ...

after helping Citigroup get Glass-Steagall repealed

Former Treasury Secretary to Help Lead Citigroup Finance: Robert E. Rubin will join the firm's chairmen and co-CEOs in an unusual power-sharing arrangement.
http://articles.latimes.com/1999/oct/27/business/fi-26680

--
virtualization experience starting Jan1968, online at home since Mar1970

China mulls probe into IBM, Oracle, EMC after NSA hack claims - report

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From: lynn@garlic.com
Subject: China mulls probe into IBM, Oracle, EMC after NSA hack claims - report
Date: 16 Aug 2013
Blog: Information Security Network
China mulls probe into IBM, Oracle, EMC after NSA hack claims - report Spooks allowed in through the backdoor?
http://www.theregister.co.uk/2013/08/16/ibm_emc_oracle_prism_probe/

Drake also brought out the spreading Success Of Failure culture in the government
http://www.govexec.com/excellence/management-matters/2007/04/the-success-of-failure/24107/

congress then put the agency on probation, not allowed to manage its own projects ... but that may have just been part of further privatizing the government.

more for-profit tiein: the head of IBM (linkedin drops the trailing period in the URL)
https://en.wikipedia.org/wiki/Louis_V._Gerstner,_Jr.
leaves and becomes chairman of
https://en.wikipedia.org/wiki/Carlyle_Group
which then does private equity buyout of
https://en.wikipedia.org/wiki/Booz_Allen_Hamilton

Spies Like Us
http://www.investingdaily.com/17693/spies-like-us/

from above:
Private contractors like Booz Allen now reportedly garner 70 percent of the annual $80 billion intelligence budget and supply more than half of the available manpower.

... snip ...

How Booz Allen Hamilton Swallowed Washington
http://www.zerohedge.com/news/2013-06-23/visualizing-how-booz-allen-hamilton-swallowed-washington

part of this is MICC realizing that there is more money in a series of failing efforts than a single success at the start (some quarters suggesting that intelligence needs its own sub-category in MICC as IICC). part of the justification for congress playing is some quarters claim congress expects 5% kickback from for-profit companies. there is also the possibility that for-profit companies using the capabilities for their own economic&industrial espionage.

This Independent Technical Review Group Brought to You By the Booz Allen Hamilton Director of National Intelligence
http://www.emptywheel.net/2013/08/12/this-technical-review-group-brought-to-you-by-the-booz-allen-hamilton-director-of-national-intelligence/

other trivia: Gerstner was in competition to be next CEO of AMEX. The looser leaves and takes his protege with him. They go to Baltimore and this description has them taking over a loan sharking business
http://www.counterpunch.org/2012/05/15/why-jamie-dimons-2-billion-gambling-loss-will-not-speed-financial-reform/

They do some number of other take-overs and eventual acquire Citibank in violation of Glass-Steagall. Greenspan gives them an exemption while they lobby congress for repeal of Glass-Steagall and creation of too-big-to-fail. The protege then leaves and shows up as head of another too-big-to-fail

AMEX & KKR are in competition for reverse-IPO (leveraged buyout, private-equity take-over) of RJR. KKR wins but runs into some trouble and hires away Gerstner to turn around RJR. IBM has gone into the red and had been re-organized into the 13 "baby blues" in preparation for breakup. IBM board hires Gerstner away to resurrect IBM (and reverse the break-up).

KKR
https://en.wikipedia.org/wiki/Kohlberg_Kravis_Roberts
recently shows up again here (MICC revolving door)
http://dealbook.nytimes.com/2013/05/30/k-k-r-hires-petraeus/

About the time IBM is going into the red and preparing to be split up (prior to being resurrected by Gerstner), AMEX spins off much of its dataprocessing in the largest IPO (up until that point) as FDC (which does outsourcing for much of the world's credit & debit card processing)
https://en.wikipedia.org/wiki/First_Data

in late 90s, FDC merges with First Financial which includes Western Union. With the big increase in foreign workers sending their salaries home, by 2005 Western Union accounts for half FDC revenue ... and is spun off in IPO. FDC corporate is then lop'ed off and KKR does private equity take-over of the remainder of FDC in the largest reverse-IPO (up until that point, 15yrs after having been the largest IPO).

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: comp.arch, alt.folklore.computers
Date: Sat, 17 Aug 2013 11:11:39 -0400
jmfbahciv <See.above@aol.com> writes:
The lawyers and accountants find the the tax holes which are legal.

they pay congress for (legal) loopholes (paying for tax loopholes claimed to be major reason congress is referred to the most corrupt institution on earth)

... but that doesn't stop them from illegal activity.

past reference IRS looking for 52,000 super wealthy illegal tax evasion avoiding $400B in taxes ... then congress cutting IRS enforcement budget for going after wealthy tax evaders ... then maybe only a single person does jailtime
http://www.garlic.com/~lynn/2011p.html#37 No Jail In UBS Tax Evasion Case
http://www.garlic.com/~lynn/2012.html#29 Mitt Romney avoids U.S tax by using Offshore bank accounts
http://www.garlic.com/~lynn/2012h.html#27 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#30 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#39 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#64 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012k.html#37 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?
http://www.garlic.com/~lynn/2013d.html#36 Bank Whistleblower Claims Retaliation And Wrongful Termination
http://www.garlic.com/~lynn/2013e.html#27 Secrecy for Sale: Inside the Global Offshore Money Maze
http://www.garlic.com/~lynn/2013e.html#70 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013e.html#86 What Makes a thread about the European debt crisis Bizarre?
http://www.garlic.com/~lynn/2013f.html#6 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#11 Secrecy for Sale: Inside the Global Offshore Money Maze
http://www.garlic.com/~lynn/2013f.html#13 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#69 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013g.html#86 How Wall Street Defanged Dodd-Frank
http://www.garlic.com/~lynn/2013j.html#26 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013j.html#27 What Makes a Tax System Bizarre?

recent reference somebody in congress claiming it is only a crime if a gun is involved: "GOP Congressman Says There's No Such Thing As Wall Street Crime"
http://www.businessinsider.com/congressman-financial-crime-needs-a-gun-2013-8

too-big-to-fail ... i.e. too-big-to-prosecute and too-big-to-jail
http://www.garlic.com/~lynn/submisc.html#too-big-to-fail

even though economic mess is much worse than S&L crisis where over 700 did jailtime ... nobody doing jailtime for economic mess ... evidence of further "capture" of regulatory & law enforcement agencies (even when too-big-to-fail have been caught doing things like money laundering for drug cartels and terriorists)

for part of blow-by-blow for S&L crisis
http://www.amazon.com/Best-Way-Rob-Bank-Own-ebook/dp/B00H5B9Z80/

by a regulator that came under intense pressure from both congress and the executive branch to stop his activities in the S&L crisis (mentions that after de-regulation the crisis was on its way from $150B problem to several trillion dollar problem) ... those parties became more effective the last decade (in the economic mess) than they had been in the S&L crisis.

--
virtualization experience starting Jan1968, online at home since Mar1970

Management Secrets From Inside GE

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From: lynn@garlic.com
Subject: Management Secrets From Inside GE
Date: 17 Aug 2013
Blog: Facebook
Management Secrets From Inside GE
http://money.usnews.com/money/careers/articles/2008/01/25/management-secrets-from-inside-ge

Age of Greed: The Triumph of Finance and the Decline of America, 1970 to the Present; pg200/loc3925-30
The CNNMoney writers got it slightly wrong. GE was not exactly like the American economy. It was even more dependent on financial services. In the early 2000s, GE was again riding a financial wave, the subprime mortgage lending boom; it had even bought a subprime mortgage broker. GE borrowed still more against equity to exploit the remarkable opportunities, its triple-A rating giving it a major competitive advantage. By 2008, the central weakness of the Welch business strategy, its dependence on financial over speculation, became ominously clear. GE's profits plunged during the credit crisis and its stock price fell by 60 percent. GE Capital, the main source of its success for twenty-five years, now reported enormous losses.

pg324/loc6382-85:
General Electric's persistent earnings increases were a leading example of how earnings were manipulated to produce consistent gains. Fortune analyzed how Jack Welch used both pension fund reserves and reserves at GE Capital to supplement quarterly earnings in order to make them rise consistently. As noted, they rose every quarter for almost thirteen years. GE stock roughly tripled between 1990 and 1995 and then quintupled between 1995 and early 2000

... snip ...

part of
http://www.nytimes.com/imagepages/2011/09/04/opinion/04reich-graphic.html?ref=sunday

is structuring the books, GE came to be half the revenue from financial services ... but required very few people. Auto industry restructured so that manufacturing showed barely break-even but big profits on the financial services for actually selling an auto. Airline industry restructures so that all the profit is in the reservation (nearly all computers), airline operations can show large loss while reservations can show big profit and parent company shows overall profit.

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: comp.arch, alt.folklore.computers
Date: Sat, 17 Aug 2013 11:57:16 -0400
Walter Bushell <proto@panix.com> writes:
Sell a couple of lids of Mary Jane and go to jail for decades, mess up the entire world economy and settle for 10 cents on the dollar, if you are very unlucky.

re:
http://www.garlic.com/~lynn/2013k.html#32 What Makes a Tax System Bizarre?

note that the too-big-to-fail were also caught money laundering for the (violent) drug cartels ... and didn't do jail time ... misc. past posts
http://www.garlic.com/~lynn/submisc.html#money.laundering

recent post mentions privatizing gov intelligence by for-profit companies
http://www.garlic.com/~lynn/2013k.html#31 China mulls probe into IBM, Oracle, EMC after NSA hack claims - report

recent reference country has strict rules against debtors prison ... but institutions gaming the system to get prison terms for debts
http://www.garlic.com/~lynn/2013j.html#61 What Makes a Tax System Bizarre?

past posts privatizing prison systems and providing labor for for-profit companies.
http://www.garlic.com/~lynn/2008d.html#45 Prison pushes for exploitation of slave labor of prisoners
http://www.garlic.com/~lynn/2011k.html#51 50th anniversary of BASIC, COBOL?
http://www.garlic.com/~lynn/2013d.html#37 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013d.html#43 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013d.html#65 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013e.html#55 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013e.html#69 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#52 What Makes a substance Bizarre?
http://www.garlic.com/~lynn/2013h.html#60 OT: "Highway Patrol" back on TV

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: alt.folklore.computers
Date: Sat, 17 Aug 2013 12:47:18 -0400
"brad" <noise@comcast.net> writes:
On his last day in office Bill Clinton suddenly discovered that Marc Rich was a wonderful human being and gave him a pardon. Bad news WRT Democrats has a very poor shelf life; no one will recall this tidbit when Hillary sweeps the country.

re:
http://www.garlic.com/~lynn/2013k.html#32 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#34 What Makes a Tax System Bizarre?

This Town: Two Parties and a Funeral? Plus, Plenty of Valet Parking!? in America's Gilded Capital loc381-85:
He then greets the attractive blonde seated next to me: Susanna Quinn, the third and much younger wife of Democratic lobbyist Jack Quinn. Jack Quinn, who in 2000 founded the bipartisan lobbying powerhouse Quinn Gillespie & Associates with Republican Ed Gillespie, was the general counsel to President Clinton in the pre-Monica years. Russert had always been a sweetheart to Jack, especially after Quinn spent serious time "in the barrel," as Quinn says, referring to a period of disgrace he endured after successfully petitioning his former boss President Clinton to issue a last-minute pardon for his client, the fugitive financier Marc Rich.

loc1303-6:
Terry McAuliffe was there, too, even though he has had some issues with Jack Quinn over the years. Specifically, the Macker did not like how the former White House counselor had lobbied his former boss Bill Clinton to pardon Quinn's client Marc Rich, a massive embarrassment to Clinton, who—did McAuliffe mention?—is also Terry's best friend. The Macker arrived just as the former Republican National Committee chairman Ed Gillespie, Jack Quinn's former lobbying partner, was skipping out.

... snip ...

Marc Rich
https://en.wikipedia.org/wiki/Marc_Rich
Bill Clinton pardon controversy
https://en.wikipedia.org/wiki/Bill_Clinton_pardon_controversy

but that wasn't the only, from above
First Lady Hillary Clinton's youngest brother, Tony Rodham, was an acquaintance of the Gregorys, and had lobbied Clinton on their behalf.[13] In October 2006, the group Judicial Watch filed a request with the U.S. Justice Department for an investigation, alleging that Rodham had received $107,000 from the Gregorys for the pardons in the form of loans that were never repaid, as part of a quid pro quo scheme.

... snip ...

other short memories ... recent post (Summers is current front runner to replace Bernanke as head of Federal Reserve)
http://www.garlic.com/~lynn/2013k.html#30 Why DOJ Deemed Bank Execs Too Big To Jail

supposedly about Summers for fed reserve ... but also goes into some detail why (too-big-to-fail) citi (possibly the worst of the bunch) wasn't held accountable: "Why Larry Summers' Ego Matters"
http://www.zerohedge.com/news/2013-08-12/why-larry-summers-ego-matters

from above:
Unbeknownst to most of us in 2009, the battle lines in the debate were weighted strongly against Citi.

Treasury Secretary Tim Geithner was the bank's guardian angel, advocating relentlessly for its interests and fighting to block proposals its management didn't like.


... snip ...

Geithner
https://en.wikipedia.org/wiki/Timothy_Geithner

from above:
He was Under Secretary of the Treasury for International Affairs (1998-2001) under Treasury Secretaries Robert Rubin and Lawrence Summers.[9] Summers was his mentor,[17][18] but other sources call him a Rubin protege

... snip ...

although this has Summers working for citibank also: "Center For American Progress Says Larry Summers 'Not A Wall Street Guy'"
http://news.firedoglake.com/2013/08/14/center-on-american-progress-says-larry-summers-not-a-wall-street-guy/

from above:
Mr. Summers, 58, has been employed by the megabank Citigroup and the sprawling hedge fund D. E. Shaw. He works for a firm that advises small banks as well as the exchange company Nasdaq OMX. And he serves on the board of two Silicon Valley start-ups: both financial firms that may pursue initial public offerings in the next year

... snip ...

Summers
https://en.wikipedia.org/wiki/Lawrence_Summers

from above
In 1993 Summers was appointed Undersecretary for International Affairs and later in the United States Department of the Treasury under the Clinton Administration. In 1995, he was promoted to Deputy Secretary of the Treasury under his long-time political mentor Robert Rubin. In 1999, he succeeded Rubin as Secretary of the Treasury.

... snip ...

Rubin
https://en.wikipedia.org/wiki/Robert_Rubin
and
http://www.marketswiki.com/mwiki/Robert_E._Rubin

from above
Rubin began his career as an attorney at the firm of Cleary, Gottlieb, Steen & Hamilton in New York City from 1964 to 1966. He then joined Goldman, Sachs & Company as an associate in 1966, became a general partner in 1971 and joined the management committee in 1980. Rubin was vice-chairman and co-chief operating officer from 1987 to 1990 and served as co-senior partner and co-chairman from 1990 to 1992.

... snip ...

after helping Citigroup get Glass-Steagall repealed, Rubin resigns

Former Treasury Secretary to Help Lead Citigroup Finance: Robert E. Rubin will join the firm's chairmen and co-CEOs in an unusual power-sharing arrangement.
http://articles.latimes.com/1999/oct/27/business/fi-26680

but the economic mess also has Gramms ... recent post
http://www.garlic.com/~lynn/2013k.html#29 The agency problem and how to create a criminogenic environment

The agency problem and how to create a criminogenic environment
http://www.creditwritedowns.com/2013/08/white-collar-crime-regulation-control-fraud.html

above by Black who is also author of "Best Way to Rob a Bank is to Own One" (regulator during S&L crisis)

--
virtualization experience starting Jan1968, online at home since Mar1970

The Incredible Con the Banksters Pulled on the FBI

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From: lynn@garlic.com
Subject: The Incredible Con the Banksters Pulled on the FBI
Date: 17 Aug 2013
Blog: Financial Crime Risk, Fraud and Security
The Incredible Con the Banksters Pulled on the FBI
http://www.nakedcapitalism.com/2013/08/bill-black-the-incredible-con-the-banksters-pulled-on-the-fbi.html

The Incredible Con the Banksters Pulled on the FBI
http://neweconomicperspectives.org/2013/08/the-incredible-con-the-banksters-pulled-on-the-fbi.html
Looting: The Economic Underworld of Bankruptcy for Profit
http://pages.stern.nyu.edu/~promer/Looting.pdf
FBI Mortgage Fraud Warning
http://www.mortgagebankers.org/FBImortgagefraudwarning.htm

remember CBS 60mins segment when Mortgage Bankers Association was telling America to not walk away from their underwater mortgages ... but Mortgage Bankers Association was hard to find, they had vacated their hdqtrs bldg and walked away from their mortgage.

other recent posts mentioning Bill Black
http://www.garlic.com/~lynn/2013d.html#40 How to Cut Megabanks Down to Size
http://www.garlic.com/~lynn/2013j.html#18 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013k.html#21 Justice Dept. Sues Bank of America Over Mortgage Securities
http://www.garlic.com/~lynn/2013k.html#26 The agency problem and how to create a criminogenic environment
http://www.garlic.com/~lynn/2013k.html#29 The agency problem and how to create a criminogenic environment
http://www.garlic.com/~lynn/2013k.html#35 What Makes a Tax System Bizarre?

--
virtualization experience starting Jan1968, online at home since Mar1970

Do You Want Better Security? Eliminate System Administrators!

From: lynn@garlic.com
Subject: Do You Want Better Security? Eliminate System Administrators!
Date: 17 Aug 2013
Blog: Information Security Network
I've recently commented a number of times that open security literature from 20yrs ago would have implied that a Snowden-type event should have been very unlikely ... however that appears to all gone by the wayside with the privatizing of intelligence ... see x-over comments in the "China mulls probe into IBM, Oracle, EMC after NSA hack claims" discussion
http://www.garlic.com/~lynn/2013k.html#31 China mulls probe into IBM, Oracle, EMC after NSA hack claims - report

... also here:
http://mikenormaneconomics.blogspot.com/2013/08/privatization-of-protection-rackets.html

Thomas Drake On Government Overreach, Obsessive Secrecy, and Constitutional Abuses
http://jessescrossroadscafe.blogspot.com/2013/08/thomas-drake-on-government-overreach.html
drake wiki here
https://en.wikipedia.org/wiki/Thomas_Andrews_Drake
old reference to Drake event and spreading Success of Failure culture
http://www.govexec.com/excellence/management-matters/2007/04/the-success-of-failure/24107/

then there is this: NSA revelations of privacy breaches 'the tip of the iceberg' -- Senate duo Leading critics of NSA Ron Wyden and Mark Udall say 'public deserves to know more about violations of secret court orders'
http://www.theguardian.com/world/2013/aug/16/nsa-revelations-privacy-breaches-udall-wyden

past posts mentioning Success of Failure culture
http://www.garlic.com/~lynn/submisc.html#success.of.failure

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virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: comp.arch, alt.folklore.computers
Date: Sun, 18 Aug 2013 10:52:30 -0400
jmfbahciv <See.above@aol.com> writes:
Is that number all individual tax returns world-wide? Or does it include corperate and alien tax evaders?

re:
http://www.garlic.com/~lynn/2013k.html#32 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#34 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#35 What Makes a Tax System Bizarre?

the 52,000 super wealthy and illegal $400B unpaid tax evasion was just super wealthy us citizen individual

world-wide including corporate estimated to between $22 and $30 TRILLION hidden off-shore ... includes both "legal" tax avoidance and illegal tax evasion ...
http://www.garlic.com/~lynn/2012j.html#81 GBP13tn: hoard hidden from taxman by global elite
http://www.garlic.com/~lynn/2012k.html#45 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?
http://www.garlic.com/~lynn/2013g.html#80 'Big four' accountants 'use knowledge of Treasury to help rich avoid tax'

one of the claims was that the super wealthy & corporations hire high powered accountants and lawyers to find the loopholes in complex and confusing tax codes .... however, normally the super wealthy & corporations were actually paying the high powered accounting firms and lawyers to draft the complex and confusing tax loopholes and then paid the legislative bodies to pass those complex and confusing tax loopholes.

the difference between (opportunists & culpable)
super wealthy & corporations just happen to take advantage of opportunities created by incompetent regulatory agencies and legislatures

and
super wealthy & corporations paid for and responsible for the situation ... having "captured" the regulatory agencies, legislatures, and economists

...

part of the current situation in the US was that baseline US budget not only was balanced but had *ALL* federal debt paid off by 2010. Report was that after congress allowed the fiscal responsibility act to expire in 2002, the tax revenue was reduced by $6T (compared to baseline) and federal spending increased by $6T (compared to baseline) for $12T budget gap by 2010 (instead of no federal debt). Much of the tax reduction and spending appropriations haven't been reversed and effect on budget continue to this day (current $16T debt). Congress savaging the baseline budget last decade appeared to be motivation for comptroller general to start including references to nobody in congress capable of middle school arithmatic. past posts mentioning comptroller general
http://www.garlic.com/~lynn/submisc.html#comptroller.general

past posts mentioning tax evasion
http://www.garlic.com/~lynn/submisc.html#tax.evasion

recent thread about organization that obtained huge document dump from institutions specializing in offshore money
http://www.garlic.com/~lynn/2013e.html#27 Secrecy for Sale: Inside the Global Offshore Money Maze
http://www.garlic.com/~lynn/2013e.html#46 Secrecy for Sale: Inside the Global Offshore Money Maze
http://www.garlic.com/~lynn/2013e.html#95 Secrecy for Sale: Inside the Global Offshore Money Maze
http://www.garlic.com/~lynn/2013f.html#11 Secrecy for Sale: Inside the Global Offshore Money Maze

other recent posts mentioning gov. institutions being "captured" by the super wealthy and corporations
http://www.garlic.com/~lynn/2009j.html#70 64 Cores -- IBM is showing a prototype already
http://www.garlic.com/~lynn/2009j.html#71 64 Cores -- IBM is showing a prototype already
http://www.garlic.com/~lynn/2012c.html#55 PC industry is heading for more change
http://www.garlic.com/~lynn/2012k.html#87 Cultural attitudes towards failure
http://www.garlic.com/~lynn/2012n.html#55 U.S. Sues Wells Fargo, Accusing It of Lying About Mortgages
http://www.garlic.com/~lynn/2012p.html#64 IBM Is Changing The Terms Of Its Retirement Plan, Which Is Frustrating Some Employees
http://www.garlic.com/~lynn/2013.html#20 The Big Fail
http://www.garlic.com/~lynn/2013.html#57 How to Cut Megabanks Down to Size
http://www.garlic.com/~lynn/2013.html#73 More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
http://www.garlic.com/~lynn/2013b.html#9 How to Cut Megabanks Down to Size
http://www.garlic.com/~lynn/2013b.html#44 Adair Turner: A New Debt-Free Money Advocate
http://www.garlic.com/~lynn/2013b.html#50 How to Cut Megabanks Down to Size
http://www.garlic.com/~lynn/2013c.html#55 How to Cut Megabanks Down to Size
http://www.garlic.com/~lynn/2013d.html#14 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013d.html#89 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013d.html#90 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013e.html#94 KPMG quits as Skechers and Herbalife auditor amid insider trading allegations
http://www.garlic.com/~lynn/2013f.html#1 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#2 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#36 Fed proposes annual assessments for large financial companies
http://www.garlic.com/~lynn/2013g.html#86 How Wall Street Defanged Dodd-Frank
http://www.garlic.com/~lynn/2013h.html#68 OT: "Highway Patrol" back on TV
http://www.garlic.com/~lynn/2013j.html#14 Barclays, Traders Fined $487.9 Million by U.S. Regulator
http://www.garlic.com/~lynn/2013j.html#15 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013j.html#36 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013j.html#49 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013j.html#61 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013j.html#78 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013j.html#80 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013k.html#29 The agency problem and how to create a criminogenic environment

--
virtualization experience starting Jan1968, online at home since Mar1970

copyright protection/Doug Englebart

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: copyright protection/Doug Englebart
Newsgroups: alt.folklore.computers
Date: Sun, 18 Aug 2013 12:19:10 -0400
Ibmekon writes:
My last employer was a US multinational. They made me sign a legal document stating that anything I developed related to their product field became their property. Same as in China, I guess. Worker bees are the same in any system.

Why Nations Fail: The Origins of Power, Prosperity, and Poverty
http://www.amazon.com/Why-Nations-Fail-Prosperity-ebook/dp/B0058Z4NR8

highlights that original purpose of patent office was to promote innovation and protect individual inventors from corporations trying to preserve the status quo ... however it currently has morphed into the exact opposite (being used by corporations for maintaining status quo).

recent posts
http://www.garlic.com/~lynn/2011n.html#92 Innovation and iconoclasm
http://www.garlic.com/~lynn/2012e.html#34 The never-ending SCO lawsuit
http://www.garlic.com/~lynn/2012k.html#42 The IBM "Open Door" policy
http://www.garlic.com/~lynn/2012o.html#53 PC/mainframe browser(s) was Re: 360/20, was 1132 printer history

they now teach this in business schools & MBA programs how protect their position and control a market ... a couple recent posts
http://www.garlic.com/~lynn/2012l.html#13 Cultural attitudes towards failure
http://www.garlic.com/~lynn/2012l.html#53 CALCULATORS

--
virtualization experience starting Jan1968, online at home since Mar1970

copyright protection/Doug Englebart

Refed: **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: copyright protection/Doug Englebart
Newsgroups: alt.folklore.computers
Date: Sun, 18 Aug 2013 15:46:51 -0400
"osmium" <r124c4u102@comcast.net> writes:
I think someone is making stuff up. The patent office has its origins in the Constitution. I think the whole notion of corporations didn't even *exist* at the time of writing. It would be like providing for a special export tax on shipments to the moon. Rereading the Constitution brings up another issue however, it sounds like authors and inventors should be treated somewhat alike; this has morphed into a HUGE difference in treatment.

re:
http://www.garlic.com/~lynn/2013k.html#39 copyright protection/Doug Englebart

sorry, didn't use the word "corporations" ... "Why Nations Fail" used "extractive institutions" and "extractive economic institutions" trying to create monopolies and preserve the status quo. claim was that purpose of the patent office was to promote innovation and protect individuals from such "extractive institutions" looking to preserve status quo and hold back innovation.

past posts mentioning "Why Nations Fail"
http://www.garlic.com/~lynn/2012e.html#31 PC industry is heading for more change
http://www.garlic.com/~lynn/2012e.html#34 The never-ending SCO lawsuit
http://www.garlic.com/~lynn/2012e.html#35 The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
http://www.garlic.com/~lynn/2012e.html#36 The never-ending SCO lawsuit
http://www.garlic.com/~lynn/2012e.html#57 speculation
http://www.garlic.com/~lynn/2012e.html#60 Candid Communications & Tweaking Curiosity, Tools to Consider
http://www.garlic.com/~lynn/2012e.html#70 Disruptive Thinkers: Defining the Problem
http://www.garlic.com/~lynn/2012f.html#2 Did they apply Boyd's concepts?
http://www.garlic.com/~lynn/2012f.html#32 Back to the future: convict labor returns to America
http://www.garlic.com/~lynn/2012f.html#70 The Army and Special Forces: The Fantasy Continues
http://www.garlic.com/~lynn/2012f.html#80 The Failure of Central Planning
http://www.garlic.com/~lynn/2012f.html#84 How do you feel about the fact that India has more employees than US?
http://www.garlic.com/~lynn/2012h.html#10 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#15 Imbecilic Constitution
http://www.garlic.com/~lynn/2012i.html#85 Naked emperors, holy cows and Libor
http://www.garlic.com/~lynn/2012k.html#7 Is there a connection between your strategic and tactical assertions?
http://www.garlic.com/~lynn/2012k.html#42 The IBM "Open Door" policy
http://www.garlic.com/~lynn/2012l.html#17 Cultural attitudes towards failure
http://www.garlic.com/~lynn/2012m.html#29 Cultural attitudes towards failure
http://www.garlic.com/~lynn/2012m.html#34 General Mills computer
http://www.garlic.com/~lynn/2012m.html#39 General Mills computer
http://www.garlic.com/~lynn/2012n.html#83 Protected: R.I.P. Containment
http://www.garlic.com/~lynn/2012o.html#71 Is orientation always because what has been observed? What are your 'direct' experiences?
http://www.garlic.com/~lynn/2012p.html#44 Search Google, 1960:s-style

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: alt.folklore.computers
Date: Sun, 18 Aug 2013 17:20:05 -0400
Anne & Lynn Wheeler <lynn@garlic.com> writes:
The agency problem and how to create a criminogenic environment
http://www.creditwritedowns.com/2013/08/white-collar-crime-regulation-control-fraud.html

above by Black who is also author of "Best Way to Rob a Bank is to Own One" (regulator during S&L crisis)


re:
http://www.garlic.com/~lynn/2013k.html#35 What Makes a Tax System Bizarre?

Best Way to Rob a Bank is to Own One
http://www.amazon.com/Best-Way-Rob-Bank-Own-ebook/dp/B00H5B9Z80/

... start of 80s, S&Ls were in trouble to the tune of something like $150B. Acknowledging this would endanger president's promise to cut taxes. Removing regulation and over-sight was attempt to hide it and keep it from coming out. However, removing over-sight made the industry ripe pickings for fraud and crooks. The book then covers much of the political pressure to continue to hide the situation ... even as the lack of over-sight and increasing fraud made it enormously worse (estimate of direct and indirect grows to $9 Trillion)

loc3236:
Wall and Martin faced disgrace if they stopped ACC's junk bond sales. The junk bond sales to the widows were a Ponzi scheme. ACC was insolent and losing money. If the Bank Board stopped the sales, ACC would fail within weeks because it could not pay its debts. It would default on the junk bonds and over ten thousand widows would lose much of their life savings. ACC would file for bankruptcy protection. The widows would line up outside Lincoln Savings branches hold signs protesting the fraud.

... and ...
The administration would be furious. Awkward questions would be asked about who had led the push to deregulate S&Ls (answer: Vice President Bush)

... snip ...

... aka not just Greenspan (claiming that Lincoln was perfectly sound) and the Keating Five senators. part of Keating, Lincoln and ACC specialized in the looting of life savings of widows.. Later as president (during period of lots of prosection) ... one of people caught in the middle of the fraud and scandals was one of his own sons.

this long-winded old post is from an attendee at Jan1999 workshop that Tandem/Compaq put on for my wife me ... claims that the direct & indirect costs of the S&L crisis was so large that it has to be carried off-book and amounts to over $100k per person
http://www.garlic.com/~lynn/aepay3.htm#riskm

For other reference ... accounts have head of CIA resisting Team B analysis and president replaces him with Bush1 ... because he would go along with the Team B analysis. past posts mentioning Team B
http://www.garlic.com/~lynn/submisc.html#team.b

Team B was there for the Iraq/Iran war eventually helping US be arms merchants to both sides.

Team B were then heavily involved in Desert Storm invasion of Iraq in early 90s ... and they were there again last decade with the fabrication justifying invading Iraq again (part of original justification was that it would only cost $50B, there are estimates that with long term medical&veterans benefits it hits $5T ... a factor of 100 times increase).

re:
http://www.garlic.com/~lynn/2013k.html#38 What Makes a Tax Systeme Bizarre?

2010 analysis that there was $6T cut in tax revenue and $6T increase in spending (over baseline which had all federal debt paid off in 2010) for $12T budget gap ... most of it after letting the fiscal responsibility act expire (required spending match tax revenues) in 2002. misc. past posts
http://www.garlic.com/~lynn/submisc.html#fiscal.responsibility.act

Part of the analysis was that a little over $2T of the $6T spending increase was for DOD; a little over $1T increase for the two wars but couldn't identify what the other $1+T increase in DOD spending went for. past posts mentioning military-industrial-congressional complex.
http://www.garlic.com/~lynn/submisc.html#military.industrial.complex

--
virtualization experience starting Jan1968, online at home since Mar1970

12 simple rules: How Ted Codd transformed the humble database

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: 12 simple rules: How Ted Codd transformed the humble database
Newsgroups: alt.folklore.computers
Date: Mon, 19 Aug 2013 09:23:49 -0400
12 simple rules: How Ted Codd transformed the humble database
http://www.theregister.co.uk/2013/08/19/ted_codd_90_relational_daddy/

misses system/r and the corporate pre-occupation with EAGLE allowed technology transfer of system/r to endicott for SQL/DS ... when EAGLE implodes there is request how fast could system/r be ported to MVS. misc. past posts mentioning system/r
http://www.garlic.com/~lynn/submain.html#systemr

other system/r refs
http://www.mcjones.org/System_R/

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: alt.folklore.computers
Date: Mon, 19 Aug 2013 10:08:04 -0400
jmfbahciv <See.above@aol.com> writes:
The S&Ls got into trouble because of a change in unregulation law during the Carter admin. I don't remmeber the details but S&Ls were able to do "banking" but the usual regulations which limited banks were not included in that law. So a lot of crooks, who were S&L presidents, were able to move cash from one entitiy to another to another which had his personal account.

re:
http://www.garlic.com/~lynn/2013k.html#32 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#35 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#41 What Makes a Tax System Bizarre?

what you are possibly thinking of is that S&Ls were allowed to offer checking accounts
https://en.wikipedia.org/wiki/Savings_and_loan_association

then the removal of nearly all regulation and over-sight during the early part of the 80s under the new administration ... allowed a single person to buy a S&L and loot all the assets (loan himself &/or front companies, all the assets and then default on the loans)

The agency problem and how to create a criminogenic environment
http://www.creditwritedowns.com/2013/08/white-collar-crime-regulation-control-fraud.html

The above has the following comment:

Notice how strongly they wrote their conclusion -- savings and loan (S&L) deregulation was "bound to produce looting."

with regard to
"The S&L crisis, however, was also caused by misunderstanding. Neither the public nor economists foresaw that the regulations of the 1980s were bound to produce looting. Nor, unaware of the concept, could they have known how serious it would be. Thus the regulators in the field who understood what was happening from the beginning found lukewarm support, at best, for their cause. Now we know better. If we learn from experience, history need not repeat itself" (Akerlof & Romer 1993: 60).

... snip ...

The Two Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash
http://www.amazon.com/Two-Trillion-Dollar-Meltdown-Rollers-ebook/dp/B0097DE7DM/

loc655-67:
By the time Pratt had finished, it was possible for a single individual to take control of an S&L, then organize and lend to multiple subsidiaries -- for land acquisition, construction, building management, and the like -- and create his own small real estate empire entirely with depositors' money.

loc657-58:
Or more commonly, to pretend to create a real estate empire while siphoning deposits into, say, personal jet planes, a favorite in Texas.

loc660-61:
Another owner with a $1.8 billion loan book had bought six Learjets before the Feds noticed that 96 percent of his loans were delinquent.

... snip ...

Pratt's predecessor wouldn't go along with request to remove all regulation (so the implication that nobody foresaw that the elimination of over-sight and deregulation would result in looting ... is disingenuous) ... so he was asked to resign so Pratt could be appointed.

Black in "Best Way to Rob a Bank is to Own One" goes into a lot more detail about actions taken by Pratt.
http://www.amazon.com/Best-Way-Rob-Bank-Own-ebook/dp/B00H5B9Z80/

Savings and loan crisis
https://en.wikipedia.org/wiki/Savings_and_loan_crisis

not only the vp was primary player in the deregulation ... but his son was a major player in looting a S&L
https://en.wikipedia.org/wiki/Savings_and_loan_crisis#Silverado_Savings_and_Loan

from above:
Neil Bush paid a $50,000 fine, paid for him by Republican supporters,[28] and was banned from banking activities for his role in taking down Silverado, which cost taxpayers $1.3 billion. A Resolution Trust Corporation Suit against Bush and other officers of Silverado was settled in 1991 for $26.5 million

... snip ...

settle for 2cents on the dollar.

for a more extreme collection
http://critcrim.org/critpapers/potter.htm

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virtualization experience starting Jan1968, online at home since Mar1970

Digital projection conversion costs theatens drive-ins

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: Digital projection conversion costs theatens drive-ins
Newsgroups: alt.folklore.computers
Date: Mon, 19 Aug 2013 14:01:54 -0400
hancock4 writes:
An article in the Phila Inqr describes how the high cost of converting to digital projection ($70k per screen) may force mom 'n pop drive-ins to close. The article does say there is industry help for some of the costs, paid over time, but apparently it's inadequate.

http://www.philly.com/philly/business/technology/20130819_Digital_era_threatens_drive-ins.html


we had several meetings more than decade ago with some of the major players in this ... on how to include digital security with digital distribution. one of the people in the meetings talked about his oscar for one of the star wars pictures (carrying it through airport security checkpoints).

besides anti-piracy and some of the other issues ... savings on environmental requirements for new projection booths offset cost of switch-over to digital (there are lots of chemicals given off from film as a result of the projection bulb heat ... which also reduces lifetime of the film).

more details in this past post
http://www.garlic.com/~lynn/2009o.html#61 TV Big Bang 10/12/09

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virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: alt.folklore.computers
Date: Tue, 20 Aug 2013 09:44:26 -0400
Anne & Lynn Wheeler <lynn@garlic.com> writes:
The agency problem and how to create a criminogenic environment
http://www.creditwritedowns.com/2013/08/white-collar-crime-regulation-control-fraud.html


re:
http://www.garlic.com/~lynn/2013k.html#32 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#35 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#41 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#41 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#43 What Makes a Tax System Bizarre?

the move of mortgage industry from reselling mortgages to packaged as triple-A rated toxic CDOs sold through wallstreet ... changed the industry to focus on those transactions with fees, commissions, and skim aggregating possibly 15-20% ... on over $27T done during the bubble
Evil Wall Street Exports Boomed With 'Fools' Born to Buy Debt
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=home&sid=a0jln3.CSS6c

... could then be $4T-$5T ... which would account for the claim that the wallstreet industry tripled in size (as percent of GDP) during the bubble. misc. past posts mentioning triple-A rated toxic CDOs
http://www.garlic.com/~lynn/submisc.html#toxic.cdo

2004, Liechtenstein had financial conference for CEOs & presidents of European corporations and exchanges (it appeared to be part of effort to get Liechtenstein off the US Treasury money laundering blacklist, the innkeeper made jokes he had constant flow of people through with business cards that said US Treasury, Dept. of Money Laundering ... as opposed to Dept of Anti-Money Laundering), the conference theme was the expense of SOX audits was starting to leak into Europe. misc. past posts mentioning money laundering
http://www.garlic.com/~lynn/submisc.html#money.laundering

As mentioned, the rhetoric on the floor of congress getting Sarbanes-Oxley passed was that it would prevent future ENRONs and Worldcoms and top executives and auditors would be guaranteed to do jail time. The jokes at the time, it was likely just a full employment gift to the auditors and possible the only effective provision in SOX was about whistle-blowers.
http://www.garlic.com/~lynn/submisc.html#enron

At the Liechtenstein conference, I took the position that I could program computers to make a corporation's books internally consistent to any level of detail ... which would pass any level of SOX audit. The issue was whether there was independent corroboration of the details in the books or just that they were internally consistent.

This fraudulent financials theme is discussed in Black's 2005 book (The Best Way to Rob a Bank is to Own One). Black's book not only takes up the audit failures theme but also gets into how many of the crooks co-opted big accounting houses to participate in the fraud, not just simply blind to finding accounting discrepancies.

Note however, SOX did require SEC (and auditors) do something ... and possibly because even GAO didn't think that SEC was doing anything, it started doing reports of public company fraudulent financial filings, even showing uptic after SOX (wasn't even necessary to go to the level of deception that I was talking about in Liechtenstein). financial reporting fraud
http://www.garlic.com/~lynn/submisc.html#financial.reporting.fraud

... semi-joke, did SOX 1) have no effect on fraudulent financial filings, 2) encouraged increase in fraudulent financial filings, 3) if it wasn't for SOX, all financial filings would now be fraudulent. past posts GAO reports of fraudulent financial filings
http://www.garlic.com/~lynn/submisc.html#sarbanes-oxley

In the Madoff congressional hearings, they had the person that had tried unsuccessfully for a decade to get SEC to do something about Madoff. He mentioned that tips (whistle blowers) turns up 13 times more fraud than audits ... and that SEC didn't have a tip hotline (but did have a 1-800 for corporations to complain about audits). The person was also asked whether new regulations were needed. He replied that while new regulations might be needed, much more important was to have transparency and visibility. He also mentions that SEC primarily hires lawyers and doesn't bother to hire people with financial forensics skills (self-fulfilling prophecy, if you aren't interested in finding financial fraud, don't hire people with experience in finding financial fraud). Black's similar comment is why don't the regulatory agencies and justice department have positions for criminologists. misc. past posts mentioning Madoff
http://www.garlic.com/~lynn/submisc.html#madoff

old article mentioning that wallstreet doesn't has to worry about SEC regarding illegal activity
http://nypost.com/2007/03/20/cramer-reveals-a-bit-too-much/

recent item from Black:

Obama's FBI Channels the Tea Party: Partner with the Banks and Blame the Poor for the Crisis
http://neweconomicperspectives.org/2013/08/obamas-fbi-channels-the-tea-party-partner-with-the-banks-and-blame-the-poor-for-the-crisis.html
Obama's FBI Channels the Tea Party -- Partner with the Banks and Blame the Poor for the Crisis
http://www.nakedcapitalism.com/2013/08/bill-black-obamas-fbi-channels-the-tea-party-partner-with-the-banks-and-blame-the-poor-for-the-crisis.html

from above:
This column discusses the more consequential and damaging product of the FBI/MBA partnership. The MBA presented a definition of "mortgage fraud" under which the bank is always the innocent victim and never a perpetrator. Because the FBI and DOJ did not draw on the banking regulators' expertise due to the death of criminal referrals by the agencies the FBI fell for the MBA con.

... snip ...

as the bubble was crashing, cbs 60mins had segment on MBA ... MBA had press articles telling home owners to not walk away from their underwater mortgages ... but MBA was hard to find, they had disappeared from their new hdqtrs bldg (across the street from IMF & world bank) and defaulted on their mortgage.

past post mentioning Liechtenstein (also mentions the super wealthy tax violators that IRS is looking for)
http://www.garlic.com/~lynn/2011n.html#42 The Godfather of Kathmandu

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virtualization experience starting Jan1968, online at home since Mar1970

Why DOJ Deemed Bank Execs Too Big To Jail

From: lynn@garlic.com
Subject: Why DOJ Deemed Bank Execs Too Big To Jail
Date: 20 Aug 2013
Blog: Financial Crime Risk, Fraud and Security
re:
http://www.garlic.com/~lynn/2013j.html#73 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013j.html#77 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013j.html#80 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013k.html#9 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013k.html#22 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013k.html#30 Why DOJ Deemed Bank Execs Too Big To Jail

Not Too Big to Jail: Why Eliot Spitzer Is Wall Street's Worst Nightmare
http://webofdebt.wordpress.com/2013/08/19/not-too-big-to-jail-why-eliot-spitzer-is-wall-streets-worst-nightmare/

Judge endorses use of fraud law against Bank of America
http://www.reuters.com/article/2013/08/19/us-bankofamerica-fraud-idUSBRE97I0ZX20130819

--
virtualization experience starting Jan1968, online at home since Mar1970

The Incredible Con the Banksters Pulled on the FBI

From: lynn@garlic.com
Subject: The Incredible Con the Banksters Pulled on the FBI
Date: 20 Aug 2013
Blog: Financial Crime Risk, Fraud and Security
re:
http://www.garlic.com/~lynn/2013k.html#36 The Incredible Con the Banksters Pulled on the FBI

Obama's FBI Channels the Tea Party -- Partner with the Banks and Blame the Poor for the Crisis
http://www.nakedcapitalism.com/2013/08/bill-black-obamas-fbi-channels-the-tea-party-partner-with-the-banks-and-blame-the-poor-for-the-crisis.html

from above:
This column discusses the more consequential and damaging product of the FBI/MBA partnership. The MBA presented a definition of "mortgage fraud" under which the bank is always the innocent victim and never a perpetrator. Because the FBI and DOJ did not draw on the banking regulators' expertise due to the death of criminal referrals by the agencies the FBI fell for the MBA con.

... snip ...

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John Boyd's Art of War

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From: lynn@garlic.com
Subject: John Boyd's Art of War
Date: 20 Aug 2013
Blog: American Conservative
John Boyd's Art of War; Why our greatest military theorist only made colonel
http://www.theamericanconservative.com/articles/john-boyds-art-of-war/

also
http://slightlyeastofnew.com/2013/08/18/spinney-on-lind/
http://www.phibetaiota.net/2013/08/chuck-spinney-an-american-sun-tzu-john-boyd/
http://chuckspinney.blogspot.com/2013/08/american-sun-tzu.html

I had sponsored Boyd's briefings at IBM ... after this article, the SECDEF tried to have Spinney thrown in jail for releasing classified information
http://www.time.com/time/magazine/article/0,9171,953733-1,00.html
sometimes behind paywall so also
http://web.archive.org/web/20070320170523/http://www.time.com/time/magazine/article/0,9171,953733,00.html
from earlier this year: It was 30 Years Ago Today ...
http://nation.time.com/2013/02/28/it-was-30-years-ago-today/

Boyd would talk about part of the 18month preparation was obtaining written approval for release of each piece of information covered in the article ... aware that MIC was all too willing to (fraudulently) claim violations involving release of classified material on the slightest pretense (joke that the highest security classification in washington is "downright embarrassing"). At the time Boyd (& Spinney) had significant congressional cover ... but all that has gone by the wayside ... now fully aligned MICC. misc. past posts mentioning MICC
http://www.garlic.com/~lynn/submisc.html#military.industrial.complex

In Boyd's briefings he would cover Guderian's verbal orders only for the blitzkrieg (encouraging local person on the spot to make decisions). Boyd would mention that entry to WW2, US had to deploy large number of unskilled and inexperienced ... so created a rigid, top-down, command&control structure to leverage the few skills available ... that Germany had 3% officers but US required 11% (growing to 20%) for its rigid, top-down command&control. By early 80s, Boyd commented that former US military officers moving into executive positions were contaminating US corporate culture (with top-heavy and rigid, top-down command&control structures). misc. past posts mentioning Boyd &/or OODA-loop
http://www.garlic.com/~lynn/subboyd.html

"There are two career paths in front of you, and you have to choose which path you will follow. One path leads to promotions, titles, and positions of distinction ... The other path leads to doing things that are truly significant for the Air Force, but the rewards will quite often be a kick in the stomach because you may have to cross swords with the party line on occasion. You can't go down both paths, you have to choose. Do you want to be a man of distinction or do you want to do things that really influence the shape of the Air Force? To be or to do, that is the question." Colonel John R. Boyd, USAF 1927-1997

From the dedication of Boyd Hall, United States Air Force Weapons School, Nellis Air Force Base, Nevada. 17 September 1999


...

Early on during the invasion, they were told to bypass huge ammo dumps as part of looking for the (fictitious) WMDs (law of unintended consequences) ... when they went back later, they were empty (over million metric tons). Significant amount of the large artillery shells found their way into IEDs.

a son-in-law's first tour in Iraq was 2004-2005 in Fallujah, foot-patrol, 2nd tour was 2007-2008 in Baqubah, mounted. He says this is fairly accurate description (some caveat that the author didn't do that much time outside the wire) Battle for Baqubah: Killing Our Way Out (does say it was worse that Fallujah)
http://www.amazon.com/Battle-Baqubah-Killing-Our-ebook/dp/B007VBBS9I/

loc5243-54:
I was overwhelmed at the amount of destruction that surrounded me. The sterile yard was about 150 meters wide by about 100 meters deep, and it was packed full of destroyed vehicles (words can't describe what I saw)

.... snip, and ...
I saw other Bradleys and M1 Abrams main battle tanks, the pride of the 1st Cavalry Division -- vehicles that, if back at Fort Hood, would be parked meticulously on line, tarps tied tight, gun barrels lined up, track line spotless, not so much as a drop of oil on the white cement. What I saw that day was row after row of mangled tan steel as if in a junkyard that belonged to Satan himself.

... snip ...

and then there is this: The great M-1 tank myth
http://elpdefensenews.blogspot.com.au/2013/07/the-great-m-1-tank-myth.html

misc. past posts mentioning Baqubah
http://www.garlic.com/~lynn/2012h.html#21 The Age of Unsatisfying Wars
http://www.garlic.com/~lynn/2012i.html#2 Interesting News Article
http://www.garlic.com/~lynn/2012i.html#8 Interesting News Article
http://www.garlic.com/~lynn/2012i.html#64 Early use of the word "computer"
http://www.garlic.com/~lynn/2012l.html#54 Singer Cartons of Punch Cards
http://www.garlic.com/~lynn/2012m.html#49 Cultural attitudes towards failure
http://www.garlic.com/~lynn/2013c.html#86 A Matter of Mindset: Iraq, Sequestration and the U.S. Army
http://www.garlic.com/~lynn/2013d.html#30 A Matter of Mindset: Iraq
http://www.garlic.com/~lynn/2013d.html#38 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013e.html#5 Lessons Learned from the Iraq War
http://www.garlic.com/~lynn/2013e.html#79 As an IBM'er just like the Marines only a few good men and women make the cut,
http://www.garlic.com/~lynn/2013g.html#52 What Makes collecting sales taxes Bizarre?
http://www.garlic.com/~lynn/2013g.html#60 What Makes collecting sales taxes Bizarre?
http://www.garlic.com/~lynn/2013h.html#10 The cloud is killing traditional hardware and software

--
virtualization experience starting Jan1968, online at home since Mar1970

Digital projection conversion costs theatens drive-ins

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: Digital projection conversion costs theatens drive-ins
Newsgroups: alt.folklore.computers
Date: Tue, 20 Aug 2013 18:19:27 -0400
hancock4 writes:
The movie theatre projectors I've seen had arc lamps and the projector had an exhaust pipe. Don't know if arc lighting is still used. But I'm surprised they'd need new booths.

re:
http://www.garlic.com/~lynn/2013k.html#44 Digital projection conversion costs theatens drive-ins

"new booths" they were referring to was the plans for the new generation of 10-plex, 16-plex, etc ... i.e. all the new complexes with large number of screens and projection booths. pure digital significantly reduced the cost of putting up such complexes.

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virtualization experience starting Jan1968, online at home since Mar1970

IBM Furloughs U.S. Hardware Employees to Reduce Costs

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From: lynn@garlic.com
Subject: IBM Furloughs U.S. Hardware Employees to Reduce Costs
Date: 21 Aug 2013
Blog: IBMers
IBM Furloughs U.S. Hardware Employees to Reduce Costs
http://www.bloomberg.com/news/2013-08-05/ibm-furloughs-u-s-hardware-employees-to-reduce-costs.html

...

or to the top executives .... top executives have their bonuses tied to stock price ... stock buybacks boost stock price and helps them make their bonuses

Stockman in "The Great Deformation: The Corruption of Capitalism in America" ... talks about stock buybacks as a mini-form of LBO (leverage buyout), with the executives reaping huge rewards, pg457/loc9844-46:

The leader was ExxonMobil, which repurchased $160 billion of its own shares during 2004-2011. It was followed by Microsoft at $100 billion, IBM at $75 billion, and Hewlett-Packard, Proctor & Gamble, and Cisco with $50 billion each. Even the floundering shipwreck of merger mania known as Time Warner Inc. bought back $25 billion.

pg464/loc9995-10000:
IBM was not the born-again growth machine trumpeted by the mob of Wall Street momo traders. It was actually a stock buyback contraption on steroids. During the five years ending in fiscal 2011, the company spent a staggering $67 billion repurchasing its own shares, a figure that was equal to 100 percent of its net income.

pg465/10014-17:
Total shareholder distributions, including dividends, amounted to $82 billion, or 122 percent, of net income over this five-year period. Likewise, during the last five years IBM spent less on capital investment than its depreciation and amortization charges, and also shrank its constant dollar spending for research and development by nearly 2 percent annually.

... snip ...

also the difference between productivity and laying off workers along with flat wages, going into executive pockets
http://www.nytimes.com/imagepages/2011/09/04/opinion/04reich-graphic.html?ref=sunday

...

turns out currently, system is neither *and* seriously broken ... majority of trades are now HFT ... which is just skimming from the other players ... it is in danger of driving out investors ... leaving just the HFT players to slug it out with each other.

FBI Finds Holes in System Protecting Economic Data
http://online.wsj.com/article/SB10001424127887323420604578650411437354782.html
FBI Probing Holes In Early Economic Data Release
http://www.zerohedge.com/news/2013-08-06/fbi-probing-holes-early-economic-data-release
has HFT example of 15millisecond leak here
http://www.zerohedge.com/news/2013-06-03/watch-todays-15-millisecond-leak-ism-print
another early leak here
http://www.zerohedge.com/news/2013-08-02/presenting-todays-blatant-bond-market-manipulation-or-bls-leak
fine for HFT stock manipulation
http://www.zerohedge.com/news/2013-07-11/third-largest-futures-broker-gets-record-fine-hft-stock-market-manipulation
another reference
http://www.zerohedge.com/news/2013-08-05/hft-quote-churn-spam-soars-record-volume-plummets

Top executives falsifying public company financial filings is motivated by large bonuses for making numbers ... and even if filings are later corrected, seldom are the bonuses recovered. Rhetoric on floor of congress in passing Sarbanes-Oxley was that it would prevent future ENRON and Worldcom (and guarantee top executives and auditors would do jail time) ... however it required that SEC do something. Possibly because even GAO didn't believe SEC was doing anything it started doing reports of public company fraudulent financial filings, even showing uptic after SOX (and nobody has done any jail time)
http://www.gao.gov/products/GAO-03-395R
http://www.gao.gov/products/GAO-06-678
http://www.gao.gov/special.pubs/gao-06-1079sp/

I was blamed for online computer conferencing on the internal network in the late 70s and early 80s (the internal network was larger than the arpanet/internet from just about the beginning until late 85 or early 86 ... folklore was that when the executive committee were told about online computer conferencing and the internet, 5of6 wanted to fire me).
http://www.garlic.com/~lynn/subnetwork.html#internalnet

A big part of the discussions were the enormous damage being done to the corporation by MBAs and the focus on quarterly profits.
http://www.garlic.com/~lynn/subnetwork.html#cmc

A lot of US industry have reorganized their books so profit is shifted away from where most of the employees are ... frequently into financial services. The auto industry structured things so profit was shifted from manufacturing to financial services involved in selling the auto. The airline industry shifted so the airline carrier operation was near break even ... and the profit moved to selling the tickets and reservations ... situations where the airline carrier is loosing lots of money but the reservation&ticket operation is extremely profitable and the parent company is profitable (i.e. profit from reservations&tickets more than offsets the losses from the actual operation).

Age of Greed: The Triumph of Finance and the Decline of America, 1970 to the Present; pg200/loc3925-30
The CNNMoney writers got it slightly wrong. GE was not exactly like the American economy. It was even more dependent on financial services. In the early 2000s, GE was again riding a financial wave, the subprime mortgage lending boom; it had even bought a subprime mortgage broker. GE borrowed still more against equity to exploit the remarkable opportunities, its triple-A rating giving it a major competitive advantage. By 2008, the central weakness of the Welch business strategy, its dependence on financial over speculation, became ominously clear. GE's profits plunged during the credit crisis and its stock price fell by 60 percent. GE Capital, the main source of its success for twenty-five years, now reported enormous losses.

pg324/loc6382-85:
General Electric's persistent earnings increases were a leading example of how earnings were manipulated to produce consistent gains. Fortune analyzed how Jack Welch used both pension fund reserves and reserves at GE Capital to supplement quarterly earnings in order to make them rise consistently. As noted, they rose every quarter for almost thirteen years. GE stock roughly tripled between 1990 and 1995 and then quintupled between 1995 and early 2000

... snip ...

note GE, IBM and other large corporations in the mid '90s lobbied for changes in accounting rules so they could include pension fund reserves

the strategy is also highlighted in this graph where productivity continues upward but employee compensation goes flat ... with the difference going to top executive and wallstreet pockets
http://www.nytimes.com/imagepages/2011/09/04/opinion/04reich-graphic.html?ref=sunday

The above also reflects the reports that the ratio of top executive compensation to employee compensation exploded to over 400:1 after being 20:1 for a long time (and 10:1 in much of the rest of the world). recent posts mentioning the 400:1 ratio
http://www.garlic.com/~lynn/2013d.html#33 IBM Spent A Million Dollars Renovating And Staffing Its Former CEO's Office
http://www.garlic.com/~lynn/2013e.html#10 The Knowledge Economy Two Classes of Workers
http://www.garlic.com/~lynn/2013k.html#28 Flag bloat

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virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: alt.folklore.computers
Date: Wed, 21 Aug 2013 14:16:49 -0400
"Charlie Gibbs" <cgibbs@kltpzyxm.invalid> writes:
Of course they do. They've been brainwashed into believing that this is their duty to The Economy. Now where does that money go? Follow the money.

re:
http://www.garlic.com/~lynn/2013k.html#32 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#34 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#35 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#38 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#41 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#43 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#45 What Makes a Tax System Bizarre?

a couple recent long-winded posts in (closed linkedin) IBMers in discussions (about furloughing and laying off workers)
http://www.garlic.com/~lynn/2013k.html#2
http://www.garlic.com/~lynn/2013k.html#50

part of discussions ...

Stockman in "The Great Deformation: The Corruption of Capitalism in America" ... talks about stock buybacks as a mini-form of LBO (leverage buyout), with the executives reaping huge rewards, pg457/loc9844-46:
The leader was ExxonMobil, which repurchased $160 billion of its own shares during 2004-2011. It was followed by Microsoft at $100 billion, IBM at $75 billion, and Hewlett-Packard, Proctor & Gamble, and Cisco with $50 billion each. Even the floundering shipwreck of merger mania known as Time Warner Inc. bought back $25 billion.

pg464/loc9995-10000:
IBM was not the born-again growth machine trumpeted by the mob of Wall Street momo traders. It was actually a stock buyback contraption on steroids. During the five years ending in fiscal 2011, the company spent a staggering $67 billion repurchasing its own shares, a figure that was equal to 100 percent of its net income.

pg465/10014-17:
Total shareholder distributions, including dividends, amounted to $82 billion, or 122 percent, of net income over this five-year period. Likewise, during the last five years IBM spent less on capital investment than its depreciation and amortization charges, and also shrank its constant dollar spending for research and development by nearly 2 percent annually.

... snip ..

A lot of US industry have reorganized their books so profit is shifted away from where most of the employees are ... frequently into financial services. The auto industry structured things so profit was shifted from manufacturing to financial services involved in selling the auto. The airline industry shifted so the airline carrier operation was near break even ... and the profit moved to selling the tickets and reservations ... situations where the airline carrier is loosing lots of money but the reservation&ticket operation is extremely profitable and the parent company is profitable (i.e. profit from reservations&tickets more than offsets the *losses* from the actual operation).

Age of Greed: The Triumph of Finance and the Decline of America, 1970 to the Present; pg200/loc3925-30
The CNNMoney writers got it slightly wrong. GE was not exactly like the American economy. It was even more dependent on financial services. In the early 2000s, GE was again riding a financial wave, the subprime mortgage lending boom; it had even bought a subprime mortgage broker. GE borrowed still more against equity to exploit the remarkable opportunities, its triple-A rating giving it a major competitive advantage. By 2008, the central weakness of the Welch business strategy, its dependence on financial over speculation, became ominously clear. GE's profits plunged during the credit crisis and its stock price fell by 60 percent. GE Capital, the main source of its success for twenty-five years, now reported enormous losses.

pg324/loc6382-85:
General Electric's persistent earnings increases were a leading example of how earnings were manipulated to produce consistent gains. Fortune analyzed how Jack Welch used both pension fund reserves and reserves at GE Capital to supplement quarterly earnings in order to make them rise consistently. As noted, they rose every quarter for almost thirteen years. GE stock roughly tripled between 1990 and 1995 and then quintupled between 1995 and early 2000

... snip ...

note GE, IBM and other large corporations in the mid '90s lobbied for changes in accounting rules so they could include pension fund reserves (as assets)

the strategy is also highlighted in this graph where productivity continues upward but employee compensation goes flat ... with the difference going to top executive and wallstreet pockets
http://www.nytimes.com/imagepages/2011/09/04/opinion/04reich-graphic.html?ref=sunday

The above also reflects the reports that the ratio of top executive compensation to employee compensation exploded to over 400:1 after being 20:1 for a long time (and 10:1 in much of the rest of the world). recent posts mentioning the 400:1 ratio
http://www.garlic.com/~lynn/2013d.html#33 IBM Spent A Million Dollars Renovating And Staffing Its Former CEO's Office
http://www.garlic.com/~lynn/2013e.html#10 The Knowledge Economy Two Classes of Workers
http://www.garlic.com/~lynn/2013k.html#28 Flag bloat

--
virtualization experience starting Jan1968, online at home since Mar1970

The agency problem and how to create a criminogenic environment

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From: lynn@garlic.com
Subject: The agency problem and how to create a criminogenic environment
Date: 21 Aug 2013
Blog: Financial Crime Risk, Fraud and Security
re:
http://www.garlic.com/~lynn/2013k.html#26 The agency problem and how to create a criminogenic environment and facebook
http://www.garlic.com/~lynn/2013k.html#29 The agency problem and how to create a criminogenic environment

Something similar came up in the Oct2008 congressional hearings that the rating agencies played in the economic mess ... selling triple-A ratings when they & the sellers both knew that the instruments weren't worth triple-A .... turning the mortgage market from managing individual mortgages into transaction, commission, and fee operation packaging loans and selling them on wallstreet (the triple-A rating opening up the sales to institutions that are restricted to only dealing in "safe" investments ... like large retirement funds).

The testimony was that the ratings were for the benefit of the buyers, but the rating agencies business model became *misaligned* with sellers paying for the ratings, the rating agencies were no longer motivated to do the "right" thing.

estimate over $27T done during the bubble:
Evil Wall Street Exports Boomed With 'Fools' Born to Buy Debt
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=home&sid=a0jln3.CSS6c

with possibly aggregate of 15-20% fees & commissions as the instruments traveled through the wallstreet infrastructure ... that possibly represents over $5T that disappears into wallstreet ... and would account for claims that the industry tripled in size (as percent of GDP) during the bubble. The amount that wallstreet skimmed was further increased by purposefully creating triple-A rated toxic CDOs designed to fail, selling to their customers and then taking out CDS bets that they would fail.

One of the things from Black's book "Best Way to Rob a Bank" ... mostly on the S&L crisis with large number of people doing jail time ... contrasted the lack of people doing jail time for the recent economic crisis (even tho it is much larger) highlights the effectiveness of regulatory "capture".

The book repeatedly references that the removal of oversight and removal of regulation made the S&Ls "ripe" for looting ... think of analogy involving going off and leaving the bank vault door wide-open, the front door wide-open and no guards

There is also this recent series of articles by Black ... about MBA co'opting the FBI into defining "mortgage fraud" as something the individual does to the institutions ... it isn't fraud if an institution does it to the individual:

The FBI's 2010 Mortgage Fraud Report Reveals Why the Banksters Love Holder
http://neweconomicperspectives.org/2013/08/the-fbis-2010-mortgage-fraud-report-reveals-why-the-banksters-love-holder.html
The Incredible Con the Banksters Pulled on the FBI
http://neweconomicperspectives.org/2013/08/the-incredible-con-the-banksters-pulled-on-the-fbi.html
Obama's FBI Channels the Tea Party: Partner with the Banks and Blame the Poor for the Crisis
http://neweconomicperspectives.org/2013/08/obamas-fbi-channels-the-tea-party-partner-with-the-banks-and-blame-the-poor-for-the-crisis.html

CBS 60mins had segment on MBA when it was having press releases telling borrowers all the reasons it was bad to walk away from underwater mortgage ... but 60mins had a hard time finding the MBA ... they had walked away from their new hdqtrs bldg (across from IMF & world bank) and defaulted on their mortgage

for the fun of it ...

Math, leverage and risk
http://www.atimes.com/atimes/Global_Economy/NF20Dj03.html

from above:
Benoit Mandelbrot, in his 2004 The Misbehavior of Markets, had pointed them out with mathematical elegance we could not hope to match (Mandelbrot had pointed out flaws in the emerging underlying theory as early as 1962).

... snip ...

The (MIS)Behavior Of Markets
http://www.amazon.com/The-Misbehavior-Markets-Turbulence-ebook/dp/B004PYDBEO
and
https://en.wikipedia.org/wiki/Benoit_Mandelbrot

disclaimer: I was in IBM San Jose Research and then for some transgression, I was transferred to IBM Yorktown Research ... even tho I continued to live and have offices in San Jose ... but would commute to ykt a couple times a month.

and from nobel prize winner in economics,
http://www.amazon.com/Thinking-Fast-and-Slow-ebook/dp/B00555X8OA

from above
Since then, my questions about the stock market have hardened into a larger puzzle: a major industry appears to be built largely on an illusion of skill. Billions of shares are traded every day, with many people buying each stock and others selling it to them

... snip ...

which tends in the direction of fabrication by con men.

past posts mentioning "(MIS)Behavior Of Markets" and/or "Thinking Fast and Slow"
http://www.garlic.com/~lynn/2011p.html#138 Thinking, Fast & Slow
http://www.garlic.com/~lynn/2012.html#1 The war on terabytes
http://www.garlic.com/~lynn/2012b.html#29 The speeds of thought, complexities of problems
http://www.garlic.com/~lynn/2012b.html#35 Entropy and #SocialMedia
http://www.garlic.com/~lynn/2012b.html#44 What's the most interesting thing you do in your non-work life?
http://www.garlic.com/~lynn/2012b.html#59 Original Thinking Is Hard, Where Good Ideas Come From
http://www.garlic.com/~lynn/2012e.html#57 speculation
http://www.garlic.com/~lynn/2012g.html#16 Psychology Of Fraud: Why Good People Do Bad Things
http://www.garlic.com/~lynn/2012h.html#67 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012i.html#65 Thousands Of IBM Employees Got A Nasty Surprise Yesterday: Here's The Email They Saw
http://www.garlic.com/~lynn/2012i.html#85 Naked emperors, holy cows and Libor
http://www.garlic.com/~lynn/2012i.html#87 Naked emperors, holy cows and Libor
http://www.garlic.com/~lynn/2012j.html#4 Interesting News Article
http://www.garlic.com/~lynn/2012j.html#74 What voters are really choosing in November
http://www.garlic.com/~lynn/2012m.html#64 Guest Post: Beakley on Boyd, Aerial Combat and the OODA-Loop
http://www.garlic.com/~lynn/2013d.html#72 What Makes an Architecture Bizarre?

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Wed, 21 Aug 2013 19:01:55 -0400
scott@slp53.sl.home (Scott Lurndal) writes:
I did say that Z-series and legacy big-iron were exceptions. They're also quite rare in the server space (maybe 1/100th of 1% of all servers, if that).

max config z196 with 80 processors is rated for 50BIPS and goes for $28M ... IBM financials show that IBM collects avg of $6.25 total from customers for every dollar they spend on processor ... aka $28M*6.25=$175M ... $560,000/BIPS and $3.5M/BIPS. IBM hardware financials shows that IBM sells less than 180 z196 80 processor equivalents per year (less than 9TIPS/annum)

Newest processor is is ec12 with 101 processors is rated for 75BIPS (haven't seen prices).

ibm has base list price of $1815 for e5-2600 blade ... which have 527BIPS rating ... or $3.44/BIPS. Server chip vendors are claiming that they now ship more server chips directly to big cloud operators (than to brand name vendors) that build their own blades (these don't even show up in server market numbers). big cloud operators have been claiming that they do their own builds for 1/3rd the cost of brand name servers ... getting close to $1/BIPS. these economics show up in the "on-demand" system prices from the big cloud vendors.

A full rack of e5-2600 blades (at 527BIPS) is more processing than a couple years sales of mainframe systems (at 50BIPS)

recent posts mentioning mega-datacenters:
http://www.garlic.com/~lynn/2013.html#16 From build to buy: American Airlines changes modernization course midflight
http://www.garlic.com/~lynn/2013.html#17 Still think the mainframe is going away soon: Think again. IBM mainframe computer sales are 4% of IBM's revenue; with software, services, and storage it's 25%
http://www.garlic.com/~lynn/2013b.html#7 mainframe "selling" points
http://www.garlic.com/~lynn/2013b.html#8 mainframe "selling" points
http://www.garlic.com/~lynn/2013b.html#10 FW: mainframe "selling" points -- Start up Costs
http://www.garlic.com/~lynn/2013b.html#15 A Private life?
http://www.garlic.com/~lynn/2013b.html#25 Still think the mainframe is going away soon: Think again. IBM mainframe computer sales are 4% of IBM's revenue; with software, services, and storage it's 25%
http://www.garlic.com/~lynn/2013c.html#84 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013c.html#91 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#19 Where Does the Cloud Cover the Mainframe?
http://www.garlic.com/~lynn/2013f.html#28 Reports: IBM may sell x86 server business to Lenovo
http://www.garlic.com/~lynn/2013f.html#35 Reports: IBM may sell x86 server business to Lenovo
http://www.garlic.com/~lynn/2013f.html#37 Where Does the Cloud Cover the Mainframe?
http://www.garlic.com/~lynn/2013f.html#51 Reports: IBM may sell x86 server business to Lenovo
http://www.garlic.com/~lynn/2013f.html#57 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013f.html#61 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013f.html#70 How internet can evolve
http://www.garlic.com/~lynn/2013f.html#73 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013f.html#74 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013g.html#7 SAS Deserting the MF?
http://www.garlic.com/~lynn/2013g.html#12 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013g.html#21 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013g.html#43 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013g.html#45 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013h.html#40 The Mainframe is "Alive and Kicking"
http://www.garlic.com/~lynn/2013i.html#60 Making mainframe technology hip again
http://www.garlic.com/~lynn/2013i.html#66 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013j.html#23 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013j.html#24 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013j.html#32 The cloud is killing traditional hardware and software
http://www.garlic.com/~lynn/2013j.html#62 Mainframe vs Server - The Debate Continues
http://www.garlic.com/~lynn/2013j.html#63 Mainframe vs Server - The Debate Continues
http://www.garlic.com/~lynn/2013j.html#70 Internet Mainframe Forums Considered Harmful

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: alt.folklore.computers
Date: Thu, 22 Aug 2013 09:40:52 -0400
jmfbahciv <See.above@aol.com> writes:
It has more to do with Keeping Up With the Jones and Beating the Jones to the Next Thing. During its hey day, Silicon Valley types would throw weekend parties which had to outclass the previous weeks' parties. That isn't creating wealth; that's pissing it down the toilet.

The biography I read about the [can't remember their name... VanderBilts, IIRC] also told about similar party contests. I've observed it even in people who should know better.


re:
http://www.garlic.com/~lynn/2013k.html#32 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#34 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#35 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#38 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#41 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#43 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#45 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#51 What Makes a Tax System Bizarre?

wouldn't be the introverted nerds ... heads down working. during the internet bubble there were a lot of wallstreet investment banker types in silicon valley driving the IPO-mill ... the objective was to have enormous hype for the IPO, afterwards the company collapses ... leaving the field open for the next IPO. Investment bankers would put in $50M and then pull out a couple billion in the IPO ... and then repeat as long as possible. we were told some of the same internet bubble IPO-mill wallstreet investment bankers had been involved in the S&L crisis and were predicted to go on to do something with securitized mortgages.

these startups, that the investment bankers didn't want to succeed ... just wanted enough of a facade to game the IPO process ... before failing.

however, there was the party/gala at RSA 2000 ... written up in the press as the last great party of the valley. Somebody at IBM had written the check ... San Jose coliseum, jefferson starship performing ... by the time of the party, things were already imploding and the person at IBM had been reliaved of his duties ... but the checks had already been written ... so he was in tuxedo on the steps of the coliseum greeting attendees. some past posts mentioning RSA 2000 gala:
http://www.garlic.com/~lynn/2006r.html#15 50th Anniversary of invention of disk drives
http://www.garlic.com/~lynn/2008l.html#68 Taxes
http://www.garlic.com/~lynn/2012b.html#69 PKI and SSL - the jaws of trust snap shut
http://www.garlic.com/~lynn/2012k.html#61 Party like it's 1999; CDE Unix desktop REBORN

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: alt.folklore.computers
Date: Thu, 22 Aug 2013 10:17:27 -0400
re:
http://www.garlic.com/~lynn/2013k.html#54 What Makes a Tax System Bizarre?

... oh, and past posts mentioning IPO-mill during internet bubble
http://www.garlic.com/~lynn/2010c.html#81 search engine history, was Happy DEC-10 Day
http://www.garlic.com/~lynn/2010o.html#21 Compressing the OODA-Loop - Removing the D (and maybe even an O)
http://www.garlic.com/~lynn/2011.html#84 The Imaginot Line
http://www.garlic.com/~lynn/2011h.html#59 SSL digital certificates
http://www.garlic.com/~lynn/2011j.html#64 Silicon Valley's Undertaker: We're Anticipating a Major Fallout'
http://www.garlic.com/~lynn/2012b.html#84 A Conversation with Peter Thiel
http://www.garlic.com/~lynn/2012d.html#5 PC industry is heading for more change
http://www.garlic.com/~lynn/2012d.html#16 IBM cuts more than 1,000 U.S. Workers
http://www.garlic.com/~lynn/2012e.html#20 Are mothers naturally better at OODA because they always have the Win in mind?

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

Refed: **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Thu, 22 Aug 2013 11:01:27 -0400
Soupe du Jour <soupedujour2000@gmail.com.Rem0ve> writes:
About a dozen. I think the largest data center I've been in had 1500 servers.

They all had heterogenous environments and workloads, so none had just one brand name or model of server. The servers were all much more expensive than $2500 as well.

I can't think of anything other than network cables and power cords that were just tossed out rather than repaired. All servers were certainly repaired until they were "obsolete" and had been replaced. They were sold as used at that point.

I'm sure that there are data centers where all servers are stateless and inexpensive and can thus be treated as FRUs. What I'm not convinced of is this being the norm.


re:
http://www.garlic.com/~lynn/2013k.html#53 spacewar

with the majority of server chips going to servers in the mega-datacenters ... basically eliminating sever profit margins since the mega-datacenters view it as "cost" ... rather than "profit" .... and with some of the vendors starting to offer servers at close to mega-datacenter costs ... resulting in razor thin profit margins ... some of the vendors have tried to go a little up the value stream with fully tricked out "container" datacenters

Pick your hardware vision: Open Compute Project vs. 'data centers in a box' Two opposing trends gaining momentum in IT hardware procurement: Open source design vs. convergence
http://www.networkworld.com/news/2013/112113-google-trumpets-chrome39s-spdy-276228.html

from this recent post
http://www.garlic.com/~lynn/2013j.html#70 Internet Mainframe Forums Considered Harmful

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virtualization experience starting Jan1968, online at home since Mar1970

The agency problem and how to create a criminogenic environment

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From: lynn@garlic.com
Subject: The agency problem and how to create a criminogenic environment
Date: 21 Aug 2013
Blog: Financial Crime Risk, Fraud and Security
re:
http://www.garlic.com/~lynn/2013k.html#26 The agency problem and how to create a criminogenic environment
http://www.garlic.com/~lynn/2013k.html#52 The agency problem and how to create a criminogenic environment

some relations .... Gerstner was in competition to be next CEO of AMEX. The looser leaves and takes Jamie Dimon, his protege with him. They go to Baltimore and this description has them taking over a loan sharking business
http://www.counterpunch.org/2012/05/15/why-jamie-dimons-2-billion-gambling-loss-will-not-speed-financial-reform/

They do some number of other take-overs and eventual acquire Citibank in violation of Glass-Steagall. Greenspan gives them an exemption while they lobby congress for repeal of Glass-Steagall and creation of too-big-to-fail. Dimon leaves and turns up as head of JPMorgan.

AMEX & KKR are in competition for reverse-IPO (leveraged buyout, private-equity take-over) of RJR. KKR wins but runs into some trouble and hires away Gerstner to turn around RJR.

IBM has gone into the red and had been re-organized into the 13 "baby blues" in preparation for breakup. IBM board hires Gerstner away to resurrect IBM (and reverse the break-up).

Traditional mechanism of leverage buyout, reverse-IPO is private-equity borrows huge amount of money for the purchase and also pay themselves enormous fees and commissions ... and then later does an IPO ... sort of like flipping house ... however it is pure profit since they don't pay off the original loan ... which goes on the books of the company bought and then IPO'ed (they even turn a profit if they IPO for less than they originally payed).

Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens,
http://books.google.com/books?id=u655GkaMkwgC&pg=PA216&lpg=PA216#v=onepage&q&f=false

pg216/loc4511-14:
Plenty of good firms have gone bust as a result of this offshore debt-loading, which the New York Times in 2009 described as "a Wall Street version of 'Flip This House.'" 48 More than half of the companies that defaulted on their debt that year were either previously or currently owned by private equity firms.

... snip ...
http://www.nytimes.com/2009/10/05/business/economy/05simmons.html

lots of top executives have their bonuses tied to stock price ... stock buybacks boost stock price and helps them make their bonuses

Stockman in "The Great Deformation: The Corruption of Capitalism in America" ... talks about stock buybacks as a mini-form of LBO (leverage buyout), with the executives reaping huge rewards, pg457/loc9844-46:
The leader was ExxonMobil, which repurchased $160 billion of its own shares during 2004-2011. It was followed by Microsoft at $100 billion, IBM at $75 billion, and Hewlett-Packard, Proctor & Gamble, and Cisco with $50 billion each. Even the floundering shipwreck of merger mania known as Time Warner Inc. bought back $25 billion.

pg464/loc9995-10000:
IBM was not the born-again growth machine trumpeted by the mob of Wall Street momo traders. It was actually a stock buyback contraption on steroids. During the five years ending in fiscal 2011, the company spent a staggering $67 billion repurchasing its own shares, a figure that was equal to 100 percent of its net income.

pg465/10014-17:
Total shareholder distributions, including dividends, amounted to $82 billion, or 122 percent, of net income over this five-year period. Likewise, during the last five years IBM spent less on capital investment than its depreciation and amortization charges, and also shrank its constant dollar spending for research and development by nearly 2 percent annually.

... snip ..

some more relations ... supposedly about Summers for fed reserve ... but also goes into some detail why (too-big-to-fail) citi (possibly the worst of the bunch) wasn't held accountable: "Why Larry Summers' Ego Matters"
http://www.zerohedge.com/news/2013-08-12/why-larry-summers-ego-matters

Geithner
https://en.wikipedia.org/wiki/Timothy_Geithner

from above:
He was Under Secretary of the Treasury for International Affairs (1998-2001) under Treasury Secretaries Robert Rubin and Lawrence Summers.[9] Summers was his mentor,[17][18] but other sources call him a Rubin protege

... snip ...

although this has Summers working for citibank also: "Center For American Progress Says Larry Summers 'Not A Wall Street Guy'"
http://news.firedoglake.com/2013/08/14/center-on-american-progress-says-larry-summers-not-a-wall-street-guy/

from above:
Mr. Summers, 58, has been employed by the megabank Citigroup and the sprawling hedge fund D. E. Shaw. He works for a firm that advises small banks as well as the exchange company Nasdaq OMX. And he serves on the board of two Silicon Valley start-ups: both financial firms that may pursue initial public offerings in the next year

... snip ...

Summers
https://en.wikipedia.org/wiki/Lawrence_Summers

from above
In 1993 Summers was appointed Undersecretary for International Affairs and later in the United States Department of the Treasury under the Clinton Administration. In 1995, he was promoted to Deputy Secretary of the Treasury under his long-time political mentor Robert Rubin. In 1999, he succeeded Rubin as Secretary of the Treasury.

... snip ...

Rubin
https://en.wikipedia.org/wiki/Robert_Rubin
and
http://www.marketswiki.com/mwiki/Robert_E._Rubin

from above
Rubin began his career as an attorney at the firm of Cleary, Gottlieb, Steen & Hamilton in New York City from 1964 to 1966. He then joined Goldman, Sachs & Company as an associate in 1966, became a general partner in 1971 and joined the management committee in 1980. Rubin was vice-chairman and co-chief operating officer from 1987 to 1990 and served as co-senior partner and co-chairman from 1990 to 1992.

... snip ...

after helping Citigroup get Glass-Steagall repealed, Rubin resigns other posts mentioning repeal of Glass-Steagall
http://www.garlic.com/~lynn/submisc.html#Pecora&/orGlass-Steagall

Former Treasury Secretary to Help Lead Citigroup Finance: Robert E. Rubin will join the firm's chairmen and co-CEOs in an unusual power-sharing arrangement.
http://articles.latimes.com/1999/oct/27/business/fi-26680

... another set of relations ...

Drake also brought out the spreading Success Of Failure culture in the government
http://www.govexec.com/excellence/management-matters/2007/04/the-success-of-failure/24107/
other posts mentioning Success of Failure
http://www.garlic.com/~lynn/submisc.html#success.of.failure

congress then put the agency on probation, not allowed to manage its own projects ... but that may have just been part of further privatizing the government.

more for-profit tiein: the head of IBM (linkedin drops the trailing period in the URL)
https://en.wikipedia.org/wiki/Louis_V._Gerstner,_Jr.
. leaves and becomes chairman of
https://en.wikipedia.org/wiki/Carlyle_Group
which then does private equity buyout of
https://en.wikipedia.org/wiki/Booz_Allen_Hamilton

Spies Like Us
http://www.investingdaily.com/17693/spies-like-us/

from above:
Private contractors like Booz Allen now reportedly garner 70 percent of the annual $80 billion intelligence budget and supply more than half of the available manpower.

... snip ...

How Booz Allen Hamilton Swallowed Washington
http://www.zerohedge.com/news/2013-06-23/visualizing-how-booz-allen-hamilton-swallowed-washington

Larry Summers and the Secret "End-Game" Memo
http://www.gregpalast.com/larry-summers-and-the-secret-end-game-memo/

from above:
While billions of sorry souls are still hurting from worldwide banker-made disaster, Rubin and Summers didn't do too badly. Rubin's deregulation of banks had permitted the creation of a financial monstrosity called "Citigroup." Within weeks of leaving office, Rubin was named director, then Chairman of Citigroup ... which went bankrupt while managing to pay Rubin a total of $126 million.

... snip ...

The Confidential Memo at the Heart of the Global Financial Crisis
http://www.vice.com/en_uk/read/larry-summers-and-the-secret-end-game-memo
Rubin Leaving Citigroup; Smith Barney for Sale
http://www.nytimes.com/2009/01/10/business/10rubin.html

one of the Team B scanarios has the head of CIA rebutting the Team B analysis, Ford then replaces him with somebody that would go along with Team B analysis
https://en.wikipedia.org/wiki/Team_B
other posts mentioning Team B
http://www.garlic.com/~lynn/submisc.html#team.b

That person then goes on to be VP ... and (Black's Best Way to Rob a Bank) the executive branch point-person for deregulation and removal of oversight ... and his son was a major player in looting a S&L
https://en.wikipedia.org/wiki/Savings_and_loan_crisis#Silverado_Savings_and_Loan

from above:
Neil Bush paid a $50,000 fine, paid for him by Republican supporters,[28] and was banned from banking activities for his role in taking down Silverado, which cost taxpayers $1.3 billion. A Resolution Trust Corporation Suit against Bush and other officers of Silverado was settled in 1991 for $26.5 million

... snip ...

this mentions other members of the family
http://critcrim.org/critpapers/potter.htm

during the same administration, Team B is heavy player supporting Saddam
https://en.wikipedia.org/wiki/United_States_support_for_Iraq_during_the_Iran%E2%80%93Iraq_war
in the iran/iraq war
https://en.wikipedia.org/wiki/Iran%E2%80%93Iraq_War
they then go on to help with US being arms merchants to both sides
https://en.wikipedia.org/wiki/Iran%E2%80%93Contra_affair

He then becomes president. This has sat. photo recon analyst warning Iraq staging forces for invasion of Kuwait. The administration discredits the analyst and declares Saddam would do no such thing. When the analyst starts warning that Iraq is staging forces for invasion of Sandi Arabia, the executive branch finally starts taking measures to do something.
http://www.amazon.com/Long-Strange-Journey-Intelligence-ebook/dp/B004NNV5H2/

The start of this century, presidential records from the 80s are to be released to the public. One of the new president's first executive orders is to keep those records classified. Reports are that Team B starts planning for the new invasion of Iraq ... well before 9/11. This is in parallel with continued deregulation of financial industry ... with some of the same players from the 80s.

--
virtualization experience starting Jan1968, online at home since Mar1970

DASD, Tape and other peripherals attached to a Mainframe

Refed: **, - **, - **, - **, - **, - **
From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: DASD, Tape and other peripherals attached to a Mainframe
Newsgroups: bit.listserv.ibm-main
Date: 23 Aug 2013 06:18:28 -0700
quasar.chunawalla@GMAIL.COM (Quasar Chunawala) writes:
I work as an application programmer with a leading bank on CICS/Cobol for the past 4 years. Whilst I know, that data on the mainframe is stored on disks and tapes, I have never walked in to a data-center. At any mainframe data-center, what are different storage media used? Do they still use Tapes or 3390 DASD? I did do some research on the Internet, but found that the last 3390 was manufactured by IBM in 1993. What *storage media* is used to store petabytes of data and information? I also heard the term *DASD Arrays, • but I am not quite sure what they are.

I have yet another question. Can DASDs or tapes be virtualized?


in effect, much of all IBM I/O is "virtualized" these days

as you found out real CKD DASD hasn't existed for decades it is all simulated ("virtualized") on fixed-block disks. past posts mentioning CKD & FBA disks
http://www.garlic.com/~lynn/submain.html#dasd

FICON channels are a protocol layer (simulation/virtualization) on fibre-channel standard (FICON layer happens to drastically cut the throughput of native FCS). past posts mentioning FICON
http://www.garlic.com/~lynn/submisc.html#ficon

disk array was invented by somebody in IBM San Jose disk division (patent in 1978)
https://en.wikipedia.org/wiki/RAID
but IBM doesn't even have a disk division anymore. disclaimer ... they use to let me play disk engineer in bldgs. 14&15 where Ken worked
http://www.garlic.com/~lynn/subtopic.html#disk

correctable redunancy codes have been used to *correct* failing bits in storage. it is also used in forward-error-correcting (FEC) code in data transmission ... not just parity bits for error detection ... but enough additional information to correct error transmissions). Common transmission FEC codes are Viterbi and Reed-Solomon.
https://en.wikipedia.org/wiki/Error_detection_and_correction

disclaimer ... I used to have a project called high-speed data transport ... one of the people working on it was graduate student of Reed and had done a lot of work on Reed-Solomon.
https://en.wikipedia.org/wiki/Reed%E2%80%93Solomon_error_correction

HSDT also did some work with Cyclotomics up in Berkeley that produced Reed-Solomon products ... as well as a lot of the work in the cdrom standard (cyclotomics was later bought by Kodak, one of the founders of cyclotomics was Berlekamp)
http://www.garlic.com/~lynn/subnetwork.html#hsdt

common disk failure mode is whole disk failure. simplist disk array is mirroring ... replicate writing every piece of data to two different real disks. If one fails, there is still redundant copy.

high-performance computing combines striping and error correcting ... say 32+8 (32 data disks, 8 error correcting disks). A record is divided into 32 parts ... and 8 error correcting pieces are calculated ... then all 40 pieces are written in parallel across all 40 disks. It logical works as a single disk that is 32 times larger than a "normal" disk with data-transmission happening 32 times faster. DataVault, 32+8 shows up in 1985 for high-performance computing.
https://en.wikipedia.org/wiki/Thinking_Machines_Corporation

Trivia ... Brewster Kahle ... from above, leaves and forms WAIS, Inc ... that is then bought by AOL ... Kahle then creates the wayback machine.
http://archive.org/index.php

a more complex operation is done for DBMS operation. a 5+1 ... involves five data disks plus one error correcting disk .... but can read multiple different records concurrently ... but writes are more complex the raid wiki article goes into more detail.

--
virtualization experience starting Jan1968, online at home since Mar1970

John Boyd's Art of War

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: lynn@garlic.com
Subject: John Boyd's Art of War
Date: 27 Aug 2013
Blog: Facebook
re:
http://www.garlic.com/~lynn/2013k.html#48 John Boyd's Art of War

They moderate the postings here
http://www.theamericanconservative.com/articles/john-boyds-art-of-war/

and my replay to "How the OODA-Loop Led to America's Greatest Strategic Disaster" ... i.e. OODA-loop was part of the low-ball justification for the invasion (common spinney theme for weapons programs) ... and the cost turns out to be 100 times greater (most repeats from Iraq invasion threads here)

Invasion of Iraq ... more like Team B bait & switch ... upthread I've also mentioned unintended consequences of the WMD fabrication.

In
http://www.amazon.com/Ikes-Bluff-President-Eisenhowers-ebook/dp/B0076DCPI4/
one of the points about CIA U2 was Eisenhower was able to use photo recon to debunk analysis supporting DOD request for 20% increase in budget ... which possibly contributed to his goodby warning about MICC. posts mentioning micc
http://www.garlic.com/~lynn/submisc.html#military.industrial.complex

Accounts in the mid-70s have head of CIA rejecting Team B analysis ... the president replaces him with somebody that would go along with Team B analysis
https://en.wikipedia.org/wiki/Team_B
later Team B is supporting Saddam
https://en.wikipedia.org/wiki/United_States_support_for_Iraq_during_the_Iran%E2%80%93Iraq_war
in
https://en.wikipedia.org/wiki/Iran%E2%80%93Iraq_War
then contribute to US as arms merchant to both sides
https://en.wikipedia.org/wiki/Iran%E2%80%93Contra_affair
This has sat. photo recon analyst warning Iraq staging forces for invasion of Kuwait. The white house discredits the analyst and declares Saddam would do no such thing. When the analyst starts warning that Iraq is staging forces for invasion of Sandi Arabia, the executive branch finally starts taking measures to do something.
http://www.amazon.com/Long-Strange-Journey-Intelligence-ebook/dp/B004NNV5H2/
posts mentioning Team B
http://www.garlic.com/~lynn/submisc.html#team.b

Another decade, and claims are Team B is making plans for another Iraq invasion, well before 9/11. Initial justification includes claims that it would only cost $50B (along with fabricating claims about WMDs). Some more recent analysis is that long term it could grow to $5T (a factor of 100-fold increase) with medical & veterans benefits.

In 2010, CBO has spending increase of $6T and tax revenues reduced by $6T, compared to baseline (which not only had balanced budget ... but all Federal debt retired by 2010) for a $12T budget gap (mostly after congress let fiscal responsibility act expire in 2002, which required that spending match tax revenue). Winslow (no relation) in 2010, has over $2T, of the $6T spending increase over baseline, going to DOD, something over $1T increase for the two wars and the other $1+T couldn't account for.

Besides working with Team B,
http://www.amazon.com/Best-Way-Rob-Bank-Own-ebook/dp/B00H5B9Z80/
has him point person in the administration during the 80s, in charge of eliminating regulation and oversight for S&L industry opening the way for looting the S&Ls ... including his own son
https://en.wikipedia.org/wiki/Savings_and_loan_crisis#Silverado_Savings_and_Loan
other accounts have additional family members playing

MICC (& Team B) continues ...
http://chuckspinney.blogspot.com/p/domestic-roots-of-perpetual-war.html
the "reform effort" from the 80s maturing into
http://chuckspinney.blogspot.com/p/pentagon-labyrinth.html
another loop "The Defense Death Spiral"
http://chuckspinney.blogspot.com/p/links-to-my-reports.html
and last decade elimination of regulation and oversight more destructive than S&L crisis.

other MICC & Team B refs
http://www.amazon.com/Prophets-War-Lockheed-Military-Industrial-ebook/dp/B0047T86BA/
http://www.amazon.com/National-Insecurity-American-Militarism-ebook/dp/B00ATLNI04/
http://www.amazon.com/Merchants-of-Doubt-ebook/dp/B003RRXXO8/
https://en.wikipedia.org/wiki/Paul_Wolfowitz

other Iraq invasion fabrication ref
http://www.amazon.com/EXTREME-PREJUDICE-Terrifying-Patriot-ebook/dp/B004HYHBK2/
http://www.theguardian.com/world/2013/mar/18/panorama-iraq-fresh-wmd-claims

other S&L Crisis and financial meltdown refs
https://en.wikipedia.org/wiki/William_K._Black

recent posts mentioning S&L Crisis:
http://www.garlic.com/~lynn/2013.html#49 Insider Fraud: What to Monitor
http://www.garlic.com/~lynn/2013.html#68 Choice of Mary Jo White to Head SEC Puts Fox In Charge of Hen House
http://www.garlic.com/~lynn/2013b.html#44 Adair Turner: A New Debt-Free Money Advocate
http://www.garlic.com/~lynn/2013b.html#50 How to Cut Megabanks Down to Size
http://www.garlic.com/~lynn/2013d.html#25 Senator Sherrod Brown Drops a Bombshell in Mary Jo White's Hearing
http://www.garlic.com/~lynn/2013d.html#64 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013d.html#68 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013d.html#70 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013e.html#86 What Makes a thread about the European debt crisis Bizarre?
http://www.garlic.com/~lynn/2013h.html#65 OT: "Highway Patrol" back on TV
http://www.garlic.com/~lynn/2013j.html#18 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013j.html#61 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013j.html#73 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013j.html#80 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013k.html#26 The agency problem and how to create a criminogenic environment
http://www.garlic.com/~lynn/2013k.html#29 The agency problem and how to create a criminogenic environment
http://www.garlic.com/~lynn/2013k.html#32 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#35 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#41 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#43 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#52 The agency problem and how to create a criminogenic environment
http://www.garlic.com/~lynn/2013k.html#54 What Makes a Tax System Bizarre?

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

Refed: **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Tue, 27 Aug 2013 13:51:33 -0400
greymausg <maus@mail.com> writes:
The situation does not arise. I am discussing (mostly to myself) how modern social societies make ranking of personal wealth difficult, say you have a graph with people with massive wealth ranked high on the line, sloping down through bigger numbers of people with less wealth, at the bottom you would have large numbers of people with no wealth, but massive `backup' (general pensions, free health care, public housing)

note that in the mid-90s, IBM and several other large corporations lobbied to have accounting rule change allowing pension reserves to be treated as asset ... increasing value/share pumping stock price and increasing top executive bonuses.

Traditional mechanism of leverage buyout, reverse-IPO is private-equity borrows huge amount of money for the purchase and also pay themselves enormous fees and commissions ... and then later does an IPO ... sort of like flipping house ... however it is pure profit since they don't pay off the original loan ... which goes on the books of the company bought and then IPO'ed (they even turn a profit if they IPO for less than they originally payed).

Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens,
http://books.google.com/books?id=u655GkaMkwgC&pg=PA216&lpg=PA216#v=onepage&q&f=false
pg216/loc4511-14:

Plenty of good firms have gone bust as a result of this offshore debt-loading, which the New York Times in 2009 described as "a Wall Street version of 'Flip This House.'" 48 More than half of the companies that defaulted on their debt that year were either previously or currently owned by private equity firms.

... snip ...
http://www.nytimes.com/2009/10/05/business/economy/05simmons.html

i.e. in house flipping, need to sell for more than paid in order to pay off the original mortgage. in company flipping, the original loan is large enough to cover commissions, fees, and bonuses and goes on company books so that subsequent sale is all profit (and the sold company is responsible for the original loan).

recent blog post from yesterday showing some of the numbers
http://johnhively.wordpress.com/2013/08/26/5602/
similar but different to this older version ... where the increasing spread between productivity and flat compensation goes into the pockets of the 1%
http://www.nytimes.com/imagepages/2011/09/04/opinion/04reich-graphic.html?ref=sunday

recent posts mentioning the above:
http://www.garlic.com/~lynn/2013.html#15 Search Google, 1960:s-style
http://www.garlic.com/~lynn/2013d.html#65 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013e.html#7 How to Cut Megabanks Down to Size
http://www.garlic.com/~lynn/2013e.html#15 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013e.html#77 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013i.html#54 How do you feel about the fact that India has more employees than US?
http://www.garlic.com/~lynn/2013i.html#81 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013i.html#91 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#2 IBM Relevancy in the IT World
http://www.garlic.com/~lynn/2013k.html#33 Management Secrets From Inside GE
http://www.garlic.com/~lynn/2013k.html#50 IBM Furloughs U.S. Hardware Employees to Reduce Costs
http://www.garlic.com/~lynn/2013k.html#51 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#57 The agency problem and how to create a criminogenic environment

--
virtualization experience starting Jan1968, online at home since Mar1970

John Boyd's Art of War

Refed: **, - **, - **, - **, - **, - **, - **
From: lynn@garlic.com
Subject: John Boyd's Art of War
Date: 27 Aug 2013
Blog: Boyd Disciples
re:
http://lnkd.in/BDV5Hi

John Boyd's Art of War; Why our greatest military theorist only made colonel
http://www.theamericanconservative.com/articles/john-boyds-art-of-war/

other
http://www.garlic.com/~lynn/2013k.html#48 John Boyd's Art of War
http://www.garlic.com/~lynn/2013k.html#59 John Boyd's Art of War

Chet's Spinney on Lind
http://slightlyeastofnew.com/2013/08/18/spinney-on-lind/
Bob's Chuck Spinney: An American Sun Tzu -- John Boyd Chuck's American Sun Tzu
http://chuckspinney.blogspot.com/2013/08/american-sun-tzu.htm
also some over at (facebook) "Boyd&Beyond"

then there is Don's The Path to Victory
http://www.amazon.com/The-Path-to-Victory-ebook/dp/B00EHV3ADW/

loc1832-36:
Although Kissinger's "new breed" of officer favored bureaucratic fighting in the Pentagon, large headquarters, and with Congress, talented officers were unable to address the issue of how to win on the battlefield in Vietnam.

loc1836-37:
Officers were becoming "organization men." They could harm their careers with bluntness and candor.

loc1871-77:
The process of obtaining all the right career building blocks to get promoted and command became known as "ticket-punching."

... snip ...

posts mentioning Boyd &/or OODA-loop
http://www.garlic.com/~lynn/subboyd.html

somewhat related; mid-80s, top IBM executives were predicting that IBM revenue was about to double from $60B/yr to $120/B, mostly based on increase in mainframe sales and they had massive internal building program to double mainframe manufacturing capacity and big influx in "fast-track" MBAs doing 6month rotations through various executive positions (somewhat to the detriment of the victim organizations). However, indiciations were already starting to show that mainframe business was starting to head in the other direction (it wasn't exactly career enhancing to point it out).

one of the factors was highlighted by a senior disk engineer that got a talk scheduled at the annual, world-wide communication group conference and opened the talk with the statement that the communication group was going to be responsible for the demise of the disk division. The issue was the communication group had strategic responsibility for everything that crossed the walls of (mainframe) datacenter which they were strangling attempting to preserve their (emulated) dumb terminal paradigm (and install base). The disk division was seeing the results with drop in disk sales as data was fleeing mainframe datacenters to more distributed computing friendly platforms. The disk division had come up with a number of solutions to address the problem, but they were constantly being vetoed by the communication group
http://www.garlic.com/~lynn/subnetwork.html#terminal

Mainframes continue their decline and by the early 90s, the company is in the red. The top executives have reorganized it into 13 business units in preparation for break up ... behind paywall
http://www.time.com/time/magazine/article/0,9171,977353,00.html
lives free at wayback machine
http://web.archive.org/web/20101120231857/http://www.time.com/time/magazine/article/0,9171,977353,00.html

One of the things that IBM and several other large corporations did in the mid-90s was lobby for an accounting change that allowed for pension reserves to be treated as an asset, increasing the value/share pumping up stock price and adding to top executive bonuses. more recent
https://en.wikipedia.org/wiki/Louis_V._Gerstner,_Jr.
leaves and becomes chairman of
https://en.wikipedia.org/wiki/Carlyle_Group
which then does private equity buyout of
https://en.wikipedia.org/wiki/Booz_Allen_Hamilton
Spies Like Us
http://www.investingdaily.com/17693/spies-like-us/
Private contractors like Booz Allen now reportedly garner 70 percent of the annual $80 billion intelligence budget and supply more than half of the available manpower.

... snip ...

How Booz Allen Hamilton Swallowed Washington
http://www.zerohedge.com/news/2013-06-23/visualizing-how-booz-allen-hamilton-swallowed-washington

--
virtualization experience starting Jan1968, online at home since Mar1970

Suggestions Appreciated for a Program Counter History Log

From: Anne & Lynn Wheeler <lynn@.garlic.com>
Subject: Re: Suggestions Appreciated for a Program Counter History Log
Newsgroups: comp.lang.asm.x86, alt.folklore.computers, comp.arch
Date: Wed, 28 Aug 2013 11:24:47 -0400
Shmuel (Seymour J.) Metz wrote:
Such things vary widely from platform to platform. The tools that I've used are not available for DEC or Intel platforms, and there are probably tools there that are not available on platforms that I've used.

On the IBM mainframes you can capture register contents at every branch, whic can be useful for debugging.


IBM 370 introduced had PER hardware support (program event recording
http://pic.dhe.ibm.com/infocenter/tpfhelp/current/topic/com.ibm.ztpf-ztpfdf.doc_put.cur/gtpp1/gtpp1mst67.html
http://publib.boulder.ibm.com/infocenter/zvm/v5r4/topic/com.ibm.zvm.v54.hcpb6/hcsa4b1046.htm

early in VM370, somebody from univ. of maine wrote a lot of kernel code that supported a large number of options for debugging utilizing PER hardware

some more early history at vmshare archives (online computer communication provided by tymshare "free" to share organization starting Aug1976 ... search on PER and/or program event recording
http://vm.marist.edu/~vmshare/vmshare

Internal IBM had something called REDCAP ... that did full instruction simulation ... providing all sorts of analysis about executing program. In the early 70s, the cambridge scientific center utilized REDCAP for analysing hot-spot execution and virtual memory behavior ... recording all instruction fetch and data references. misc. past posts mentioning science center
http://www.garlic.com/~lynn/subtopic.html#545tech

One of the first practical use (as opposed to general research) was for the port of apl\360 to CMS for (cp67) cms\apl. Part of this was allowing workspace to be virtual memory size (apl\360 workspace was typically limited to 16kbytes). A big problem was how apl\360 did storage allocation and garbage collection ... which was to assign new storage location for every assignment statement. Even for program with small number of variables ... it would quickly touch every storage location in the workspace. In small swapped apl\360 environment ... it wasn't a noticable problem ... however migration to demand-page large virtual memory/workspace ... it had horrible paging characteristics. misc. past posts mentioning APL (&/or HONE ... an internal world-wide sales&marketing support that extensively used cms\apl and then moved to apl\cms)
http://www.garlic.com/~lynn/subtopic.html#hone

Increasing sophistication of the virtual memory behavior analysis eventually evolved into vs/repack that was released from science center as product in 1976. vs/repack included semi-automated program reorganization for improving operation in virtual memory environment. vs/repack was also used extensively inside IBM for many of the legacy programs & applications migrating to virtual memory environment (including large DBMS operations like IMS).

I did a quick hack to vm370 in support of vs/repack ... which had much less overhead of (REDCAP) full instruction trace ... but almost provided the same quality for program reorg. Execution of program would be done in squeezed number of valid pages (all the pages could be resident in memory ... just the number of valid pages were limited). Trace was then faulting virtual page numbers in the squeezed environment. For virtual memory program re-org ... this provided nearly same quality as full instruction trace.

misc. recent posts mentioning vs/repack
http://www.garlic.com/~lynn/2010j.html#81 Percentage of code executed that is user written was Re: Delete all members of a PDS that is allocated
http://www.garlic.com/~lynn/2010k.html#8 Idiotic programming style edicts
http://www.garlic.com/~lynn/2010k.html#9 Idiotic programming style edicts
http://www.garlic.com/~lynn/2010m.html#5 Memory v. Storage: What's in a Name?
http://www.garlic.com/~lynn/2011e.html#8 Multiple Virtual Memory
http://www.garlic.com/~lynn/2012d.html#73 Execution Velocity
http://www.garlic.com/~lynn/2012j.html#20 Operating System, what is it?
http://www.garlic.com/~lynn/2012j.html#82 printer history Languages influenced by PL/1
http://www.garlic.com/~lynn/2012o.html#19 Assembler vs. COBOL--processing time, space needed
http://www.garlic.com/~lynn/2012o.html#20 Assembler vs. COBOL--processing time, space needed

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

Refed: **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: comp.arch, alt.folklore.computers
Date: Wed, 28 Aug 2013 14:41:08 -0400
Andrew Swallow <am.swallow@btinternet.com> writes:
The third world is full of countries that lost their wealth in a few years. The government took it all and spent it. It is difficult to restart a factory (or mine) when the payroll has been taken and the machines sold for scrap.

this goes into how a lot of it a century ago (especially in the western hemisphere) was by wallstreet & robber barons paying off rulers and looting countries ... aided by the US gov. and military
http://archive.org/details/triumphantpluto00pettrich

this chronicles continuing to this day
http://www.amazon.com/Confessions-Economic-Hit-none-ebook/dp/B001AFF266/

other recent posts:
http://www.garlic.com/~lynn/2013.html#15 Search Google, 1960:s-style
http://www.garlic.com/~lynn/2013.html#26 Cultural attitudes towards failure
http://www.garlic.com/~lynn/2013.html#46 The China Threat: The MICC Pivots Obama Back to the Future
http://www.garlic.com/~lynn/2013.html#57 How to Cut Megabanks Down to Size
http://www.garlic.com/~lynn/2013d.html#98 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013e.html#7 How to Cut Megabanks Down to Size
http://www.garlic.com/~lynn/2013e.html#25 What Makes bank regulation and insurance Bizarre?
http://www.garlic.com/~lynn/2013i.html#78 Has the US Lost Its Grand Strategic Mind?

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: comp.arch, alt.folklore.computers
Date: Wed, 28 Aug 2013 17:59:55 -0400
Anne & Lynn Wheeler <lynn@garlic.com> writes:
past reference IRS looking for 52,000 super wealthy illegally tax evasion avoiding $400B in taxes ... then congress cutting IRS enforcement budget for going after wealthy tax invaders ... then maybe only a single person does jailtime

re:
http://www.garlic.com/~lynn/2013k.html#32 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#34 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#35 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#38 What Makes a Tax System Bizarre?

some breaking news from today

Swiss Agree on Program for Banks to Settle U.S. Dispute
http://www.bloomberg.com/news/2013-08-28/swiss-give-green-light-for-banks-to-settle-u-s-dispute.html
Switzerland Agrees on Plan for Banks to Settle U.S. Tax Spat
http://washpost.bloomberg.com/Story?docId=1376-MS8ETI6JIJV901-7UC73PJR7BLLDI0KGOOFVJA4IB

from above:
Switzerland, the world's largest offshore financial center with about $2.2 trillion of assets, wants to prevent another bank suffering the fate of Wegelin & Co., which was indicted last year. Wegelin, the country's oldest bank, pleaded guilty in January to helping U.S. taxpayers hide assets and has since closed its doors.

... snip ...

however, the estimate is that there is total offshore between $22 TRILLION & $30 TRILLION

from a month ago:

Liechtenstein Bank to Pay $23.8 Million in U.S. Tax Case
http://www.bloomberg.com/news/2013-07-31/liechtenstein-bank-to-pay-23-8-million-in-u-s-tax-case.html

...

we were at Liechtenstein financial conference in 2004 for Euro CEOs and presidents of Euro exchanges ... theme that year was costs of Sarbanes-Oxley leaking into Europe (i pontificated about being able to program computer so all books were internally consistent ... passing audit that didn't look for external corroborating data). One of the comments was that Swiss banks had exported the actual money laundering transactions over the border in Liechtenstein. a few past posts mentioning Liechtenstein
http://www.garlic.com/~lynn/2011f.html#62 Mixing Auth and Non-Auth Modules
http://www.garlic.com/~lynn/2011f.html#64 Are Americans serious about dealing with money laundering and the drug cartels?
http://www.garlic.com/~lynn/2012.html#34 Mitt Romney avoids U.S tax by using Offshore bank accounts
http://www.garlic.com/~lynn/2013e.html#95 Secrecy for Sale: Inside the Global Offshore Money Maze

past posts mentioning money laundering
http://www.garlic.com/~lynn/submisc.html#money.laundering
past posts mentioning sarbanes-oxley
http://www.garlic.com/~lynn/submisc.html#sarbanes-oxley

--
virtualization experience starting Jan1968, online at home since Mar1970

NASA Finally Figured Out How to Develop Technology -- Then Promptly Forgot

From: lynn@garlic.com
Subject: NASA Finally Figured Out How to Develop Technology -- Then Promptly Forgot
Date: 28 Aug 2013
Blog: Boyd Disciples
re:
http://lnkd.in/YKr7qW

NASA Finally Figured Out How to Develop Technology -- Then Promptly Forgot
https://medium.com/war-is-boring/c7e1e2a1528

from above:
In 1992, then-NASA administrator Dan Goldin launched an initiative called Faster, Better, Cheaper. It was meant to develop new technologies ... well, faster, better and cheaper.

... snip ...

in contrast to Success Of Failure culture
http://www.govexec.com/management/management-matters/2007/04/the-success-of-failure/24107/

posts mentioning Success Of Failure
http://www.garlic.com/~lynn/submisc.html#success.of.failure

if you undermine on organization sufficiently from the inside ... then it makes it much easier to make the case that it needs replacement
http://answers.yahoo.com/question/index?qid=20110729142745AAI42OG

possibly unintended consequences:

China's Trouncing Of U.S. In Space Race: "Unmistakable Warning Signs"
http://warnewsupdates.blogspot.com/2013/08/is-china-trouncing-us-in-new-space-race.html

--
virtualization experience starting Jan1968, online at home since Mar1970

German infosec agency warns against Trusted Computing in Windows 8

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: German infosec agency warns against Trusted Computing in Windows 8
Newsgroups: alt.folklore.computers
Date: Thu, 29 Aug 2013 10:24:03 -0400
German infosec agency warns against Trusted Computing in Windows 8
http://www.itnews.com.au/News/354268,german-infosec-agency-warns-against-trusted-computing-in-windows-8.aspx

more than decade ago ... the lead technical director for information assurance was running panel in the trusted computing tract at intel developers conference ... and i was asked to be one of the panelist ... old reference ... gone 404 but lives on at wayback machine
http://web.archive.org/web/20011109072807/http://www.intel94.com/idf/spr2001/sessiondescription.asp?id=stp+s13
overheads for my talk
http://www.garlic.com/~lynn/iasrtalk.zip

part of my talk was on KISS and my AADS chip
http://www.garlic.com/~lynn/x959.html#aads

The guy running TPM was sitting in the front row, so I commented that it was nice to see that the TPM was (getting simpler) and starting to look a lot more like my AADS chip. He quiped back that I didn't have a committee of 200 people helping me with the design. One of my points was that the much simpler AADS chip could be leveraged to accomplish everything they were trying to do with the TPM. Part of the issue is vulnerabilities (planned or not) tend to be proporitional to complexity. In the past, I've also been vocal that backdoors are vulnerable to bad guys discovering them and leveraging them for unintended purposes.

similar but different assruance conference the NASA highly dependable computer workshop ... I was keynote (along with Jim Gray) ... also gone 404
http://web.archive.org/web/20011004023230/http://www.hdcc.cs.cmu.edu/may01/index.html

other refs
http://www.garlic.com/~lynn/index.html#presentation

past posts mentioning TPM
http://www.garlic.com/~lynn/aadsm5.htm#asrn4 assurance, X9.59, etc
http://www.garlic.com/~lynn/aadsm12.htm#19 TCPA not virtualizable during ownership change (Re: Overcoming the potential downside of TCPA)
http://www.garlic.com/~lynn/aadsm13.htm#18 A challenge
http://www.garlic.com/~lynn/aadsm22.htm#41 FraudWatch - Chip&Pin, a new tenner (USD10)
http://www.garlic.com/~lynn/aadsm23.htm#56 UK Detects Chip-And-PIN Security Flaw
http://www.garlic.com/~lynn/aadsm24.htm#19 Use of TPM chip for RNG?
http://www.garlic.com/~lynn/aadsm24.htm#21 Use of TPM chip for RNG?
http://www.garlic.com/~lynn/aadsm24.htm#22 Naked Payments IV - let's all go naked
http://www.garlic.com/~lynn/aadsm24.htm#23 Use of TPM chip for RNG?
http://www.garlic.com/~lynn/aadsm24.htm#26 Naked Payments IV - let's all go naked
http://www.garlic.com/~lynn/aadsm24.htm#27 DDA cards may address the UK Chip&Pin woes
http://www.garlic.com/~lynn/aadsm24.htm#28 DDA cards may address the UK Chip&Pin woes
http://www.garlic.com/~lynn/aadsm24.htm#46 More Brittle Security -- Agriculture
http://www.garlic.com/~lynn/aadsm24.htm#52 Crypto to defend chip IP: snake oil or good idea?
http://www.garlic.com/~lynn/aadsm25.htm#4 Crypto to defend chip IP: snake oil or good idea?
http://www.garlic.com/~lynn/aadsm25.htm#44 TPM & disk crypto
http://www.garlic.com/~lynn/aadsm26.htm#13 Who has a Core Competency in Security?
http://www.garlic.com/~lynn/aadsm27.htm#9 Enterprise Right Management vs. Traditional Encryption Tools
http://www.garlic.com/~lynn/aadsm27.htm#36 TPM, part 2
http://www.garlic.com/~lynn/aadsm28.htm#12 #4.2 Simplicity is Inversely Proportional to the Number of Designers
http://www.garlic.com/~lynn/2002i.html#71 TCPA
http://www.garlic.com/~lynn/2002n.html#18 Help! Good protocol for national ID card?
http://www.garlic.com/~lynn/2005o.html#3 The Chinese MD5 attack
http://www.garlic.com/~lynn/2006p.html#41 Device Authentication - The answer to attacks lauched using stolen passwords?
http://www.garlic.com/~lynn/2006p.html#48 Device Authentication - The answer to attacks lauched using stolen passwords?
http://www.garlic.com/~lynn/2006s.html#34 Basic Question
http://www.garlic.com/~lynn/2006v.html#26 Fighting Fraudulent Transactions
http://www.garlic.com/~lynn/2006w.html#37 What does a patent do that copyright does not?
http://www.garlic.com/~lynn/2007b.html#30 How many 36-bit Unix ports in the old days?
http://www.garlic.com/~lynn/2007c.html#44 Securing financial transactions a high priority for 2007
http://www.garlic.com/~lynn/2007g.html#61 The Perfect Computer - 36 bits?
http://www.garlic.com/~lynn/2007g.html#63 The Perfect Computer - 36 bits?
http://www.garlic.com/~lynn/2007i.html#5 John W. Backus, 82, Fortran developer, dies
http://www.garlic.com/~lynn/2007k.html#55 My Dream PC -- Chip-Based
http://www.garlic.com/~lynn/2007l.html#42 My Dream PC -- Chip-Based
http://www.garlic.com/~lynn/2007m.html#20 Patents, Copyrights, Profits, Flex and Hercules
http://www.garlic.com/~lynn/2007n.html#52 Windows Monitor or CUSP?
http://www.garlic.com/~lynn/2007q.html#32 what does xp do when system is copying
http://www.garlic.com/~lynn/2007q.html#36 what does xp do when system is copying
http://www.garlic.com/~lynn/2007t.html#8 Translation of IBM Basic Assembler to C?
http://www.garlic.com/~lynn/2007u.html#5 Public Computers
http://www.garlic.com/~lynn/2007v.html#37 Apple files patent for WGA-style anti-piracy tech
http://www.garlic.com/~lynn/2008e.html#34 The hands-free way to steal a credit card
http://www.garlic.com/~lynn/2008p.html#14 Can Smart Cards Reduce Payments Fraud and Identity Theft?
http://www.garlic.com/~lynn/2008p.html#19 Can Smart Cards Reduce Payments Fraud and Identity Theft?
http://www.garlic.com/~lynn/2009j.html#58 Price Tag for End-to-End Encryption: $4.8 Billion, Mercator Says
http://www.garlic.com/~lynn/2009k.html#5 Moving to the Net: Encrypted Execution for User Code on a Hosting Site
http://www.garlic.com/~lynn/2009l.html#61 Hacker charges also an indictment on PCI, expert says
http://www.garlic.com/~lynn/2009m.html#2 Does this count as 'computer' folklore?
http://www.garlic.com/~lynn/2009m.html#48 Hacker charges also an indictment on PCI, expert says
http://www.garlic.com/~lynn/2009m.html#49 Hacker charges also an indictment on PCI, expert says
http://www.garlic.com/~lynn/2009p.html#59 MasPar compiler and simulator
http://www.garlic.com/~lynn/2010c.html#11 PC history, was search engine history, was Happy DEC-10 Day
http://www.garlic.com/~lynn/2010c.html#61 Engineer shows how to crack a 'secure' TPM chip
http://www.garlic.com/~lynn/2010d.html#7 "Unhackable" Infineon Chip Physically Cracked - PCWorld
http://www.garlic.com/~lynn/2010d.html#34 "Unhackable" Infineon Chip Physically Cracked
http://www.garlic.com/~lynn/2010d.html#38 search engine history, was Happy DEC-10 Day
http://www.garlic.com/~lynn/2010e.html#3 "Unhackable" Infineon Chip Physically Cracked - PCWorld
http://www.garlic.com/~lynn/2010f.html#12 Real CPU Id
http://www.garlic.com/~lynn/2010f.html#75 Is Security a Curse for the Cloud Computing Industry?
http://www.garlic.com/~lynn/2010o.html#50 The Credit Card Criminals Are Getting Crafty
http://www.garlic.com/~lynn/2010o.html#54 The Credit Card Criminals Are Getting Crafty
http://www.garlic.com/~lynn/2010p.html#0 CARD AUTHENTICATION TECHNOLOGY - Embedded keypad on Card - Is this the future
http://www.garlic.com/~lynn/2010p.html#72 Orientation - does group input (or groups of data) make better decisions than one person can?
http://www.garlic.com/~lynn/2010p.html#75 Orientation - does group input (or groups of data) make better decisions than one person can?
http://www.garlic.com/~lynn/2011b.html#11 Credit cards with a proximity wifi chip can be as safe as walking around with your credit card number on a poster
http://www.garlic.com/~lynn/2011c.html#59 RISCversus CISC
http://www.garlic.com/~lynn/2011c.html#78 RISCversus CISC
http://www.garlic.com/~lynn/2011p.html#48 Hello?
http://www.garlic.com/~lynn/2012g.html#53 The secret's out for secure chip design
http://www.garlic.com/~lynn/2012i.html#95 Can anybody give me a clear idea about Cloud Computing in MAINFRAME ?

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: comp.arch, alt.folklore.computers
Date: Thu, 29 Aug 2013 14:35:35 -0400
Stephen Sprunk <stephen@sprunk.org> writes:
The highest-paid auto workers are in Mississippi of all places--at Toyota and Mercedes plants. They can get away with that because they have much higher productivity than the Big Three, so their unit labor cost is lower, yet they still manage to produce higher quality products. The same was true of Japanese labor back in the day.

To be fair, the Big Three were also saddled with massive unfunded pension liabilities; before the bailout, they were paying more to retired workers than ones still working! Nearly all of the bailout money went to shifting that burden to the unions, which instantly put the Big Three back in the black--and much more competitive on price.


aka ... instead of fully funding pension funds ... they were just paying out of current operating revenue and pocketing the difference. this worked as long as the number of workers were much larger than the number of retirees ... but they were building up enormous pension funding liability.

the baby boom bubble was four times as large as the previous generation and twice as large as the following generation (aka baby boom bubble was how they got the description boom & bubble). as long was the baby boom bubble were in their prime working years ... it was easy for the top executives to skim funds for pension funding ... and pay pension out of current working. the problem was that it inverted as the baby boomers moved into retirement years ... and top executives had already skimmed off all the money creating the enormous pension fund liability. they then declare bankuptcy and palm off the unfunded pension fund liability on the government (effectively having looted the pension fund through not funding it).

note that for the corporations that had fully funded pension funds ... in the middle 90s lobbied for pension reserves to be treated as corporate assets ... this allowed significant increase in total corporate book value ... and therefore the value/share ... which contributed to increasing price/share ... which then gave top executives big bonuses (and theoritically with pension reserves listed as corporate assets ... if the company would to declare bankruptcy ... the pension reserves would be available to pay off creditors).

somewhat related is past posts mentioning proposal for 100% unearned profit tax on US auto industry (because they were pocketing profits that were suppose to have been used for "make-over") and C4 "task force"
http://www.garlic.com/~lynn/submisc.html#auto.c4.taskforce

recent posts mentioning pension funds/reserves
http://www.garlic.com/~lynn/2013.html#57 How to Cut Megabanks Down to Size
http://www.garlic.com/~lynn/2013d.html#54 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013d.html#80 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013d.html#82 What Makes Economic History Bizarre?
http://www.garlic.com/~lynn/2013e.html#41 It's a Banker's World
http://www.garlic.com/~lynn/2013e.html#90 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013i.html#78 Has the US Lost Its Grand Strategic Mind?
http://www.garlic.com/~lynn/2013k.html#3 copyright protection/Doug Englebart
http://www.garlic.com/~lynn/2013k.html#33 Management Secrets From Inside GE
http://www.garlic.com/~lynn/2013k.html#50 IBM Furloughs U.S. Hardware Employees to Reduce Costs
http://www.garlic.com/~lynn/2013k.html#51 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#60 spacewar
http://www.garlic.com/~lynn/2013k.html#61 John Boyd's Art of War

past posts mentioning baby boom/bubble 4 times larger than previous generation and twice as large as following generation:
http://www.garlic.com/~lynn/2003k.html#61 The Incredible Shrinking Legacy Workforces
http://www.garlic.com/~lynn/2006f.html#41 The Pankian Metaphor
http://www.garlic.com/~lynn/2007g.html#7 U.S. Cedes Top Spot in Global IT Competitiveness
http://www.garlic.com/~lynn/2007p.html#7 what does xp do when system is copying
http://www.garlic.com/~lynn/2007v.html#72 whats the world going to do when all the baby boomers retire
http://www.garlic.com/~lynn/2008b.html#3 on-demand computing
http://www.garlic.com/~lynn/2008c.html#16 Toyota Sales for 2007 May Surpass GM
http://www.garlic.com/~lynn/2008c.html#69 Toyota Beats GM in Global Production
http://www.garlic.com/~lynn/2008f.html#99 The Workplace War for Age and Talent
http://www.garlic.com/~lynn/2008g.html#1 The Workplace War for Age and Talent
http://www.garlic.com/~lynn/2008g.html#50 CA ESD files Options
http://www.garlic.com/~lynn/2008h.html#3 America's Prophet of Fiscal Doom
http://www.garlic.com/~lynn/2008h.html#11 The Return of Ada
http://www.garlic.com/~lynn/2008h.html#26 The Return of Ada
http://www.garlic.com/~lynn/2008h.html#57 our Barb: WWII
http://www.garlic.com/~lynn/2008i.html#56 The Price Of Oil --- going beyong US$130 a barrel
http://www.garlic.com/~lynn/2008i.html#98 dollar coins
http://www.garlic.com/~lynn/2008j.html#80 dollar coins
http://www.garlic.com/~lynn/2008k.html#5 Republican accomplishments and Hoover
http://www.garlic.com/~lynn/2008l.html#37 dollar coins
http://www.garlic.com/~lynn/2008m.html#3 Medical care
http://www.garlic.com/~lynn/2008n.html#13 Michigan industry
http://www.garlic.com/~lynn/2008n.html#18 VMware Chief Says the OS Is History
http://www.garlic.com/~lynn/2008n.html#20 Michigan industry
http://www.garlic.com/~lynn/2008n.html#29 Blinkylights
http://www.garlic.com/~lynn/2008o.html#8 The end of the baby boomers, US bonds maturing, and then what?
http://www.garlic.com/~lynn/2008o.html#58 Everyone is getting same deal out of life: babyboomers can't retire but they get SS benefits intact
http://www.garlic.com/~lynn/2009m.html#61 August 7, 1944: today is the 65th Anniversary of the Birth of the Computer
http://www.garlic.com/~lynn/2009m.html#64 August 7, 1944: today is the 65th Anniversary of the Birth of the Computer
http://www.garlic.com/~lynn/2009m.html#72 August 7, 1944: today is the 65th Anniversary of the Birth of the Computer
http://www.garlic.com/~lynn/2009o.html#37 Young Developers Get Old Mainframers' Jobs
http://www.garlic.com/~lynn/2009o.html#72 I would like to understand the professional job market in US. Is it shrinking?
http://www.garlic.com/~lynn/2010.html#37 Happy DEC-10 Day
http://www.garlic.com/~lynn/2010.html#38 Happy DEC-10 Day
http://www.garlic.com/~lynn/2010b.html#19 STEM crisis
http://www.garlic.com/~lynn/2010b.html#24 Happy DEC-10 Day
http://www.garlic.com/~lynn/2010b.html#56 Happy DEC-10 Day
http://www.garlic.com/~lynn/2010b.html#59 Happy DEC-10 Day
http://www.garlic.com/~lynn/2010d.html#18 search engine history, was Happy DEC-10 Day
http://www.garlic.com/~lynn/2010d.html#46 search engine history, was Happy DEC-10 Day
http://www.garlic.com/~lynn/2010f.html#45 not even sort of about The 2010 Census
http://www.garlic.com/~lynn/2010i.html#72 Favourite computer history books?
http://www.garlic.com/~lynn/2010i.html#74 Favourite computer history books?
http://www.garlic.com/~lynn/2010i.html#75 Favourite computer history books?
http://www.garlic.com/~lynn/2010k.html#2 taking down the machine - z9 series
http://www.garlic.com/~lynn/2010k.html#6 taking down the machine - z9 series
http://www.garlic.com/~lynn/2010m.html#88 Baby Boomer Execs: Are you afraid of LinkedIn & Social Media?
http://www.garlic.com/~lynn/2010o.html#66 They always think we don't understand
http://www.garlic.com/~lynn/2010o.html#69 They always think we don't understand
http://www.garlic.com/~lynn/2010o.html#72 They always think we don't understand
http://www.garlic.com/~lynn/2010o.html#75 origin of 'fields'?
http://www.garlic.com/~lynn/2010p.html#44 Ratio of workers to retirees
http://www.garlic.com/~lynn/2010p.html#71 origin of 'fields'?
http://www.garlic.com/~lynn/2010q.html#69 No command, and control
http://www.garlic.com/~lynn/2011g.html#76 The Two Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash
http://www.garlic.com/~lynn/2011h.html#24 US Housing Crisis Is Now Worse Than Great Depression
http://www.garlic.com/~lynn/2011k.html#88 Justifying application of Boyd to a project manager
http://www.garlic.com/~lynn/2011n.html#57 The Mortgage Crisis---Some Inside Views
http://www.garlic.com/~lynn/2011n.html#67 The debt fallout: How Social Security went "cash negative" earlier than expected
http://www.garlic.com/~lynn/2011o.html#79 Why are organizations sticking with mainframes?
http://www.garlic.com/~lynn/2012c.html#46 PC industry is heading for more change
http://www.garlic.com/~lynn/2012e.html#40 Who Increased the Debt?
http://www.garlic.com/~lynn/2012h.html#24 Baby Boomer Guys -- Do you look old? Part II
http://www.garlic.com/~lynn/2012i.html#78 Millennials have been plugged in pretty much since birth, which naturally means they'd be more adept at understanding the tech world than Gen X or even Baby Boomers, right?
http://www.garlic.com/~lynn/2012i.html#82 Millennials have been plugged in pretty much since birth, which naturally means they'd be more adept at understanding the tech world than Gen X or even Baby Boomers, right?
http://www.garlic.com/~lynn/2012k.html#7 Is there a connection between your strategic and tactical assertions?
http://www.garlic.com/~lynn/2012k.html#25 Two Articles of Interest on Culture and Things to Look For
http://www.garlic.com/~lynn/2012k.html#75 What's the bigger risk, retiring too soon, or too late?
http://www.garlic.com/~lynn/2012l.html#13 Cultural attitudes towards failure
http://www.garlic.com/~lynn/2012o.html#73 These Two Charts Show How The Priorities Of US Companies Have Gotten Screwed Up

--
virtualization experience starting Jan1968, online at home since Mar1970

Steve B sees what investors think

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: Steve B sees what investors think
Newsgroups: alt.folklore.computers
Date: Thu, 29 Aug 2013 14:54:23 -0400
Patrick Scheible <kkt@zipcon.net> writes:
We had this thread not that long ago. I think the only thing we came up with was e-mail readers that automatically run executable attachments sent from anybody. Many viruses would be completely impossible without that "innovation."

safe, small, local-area, private business LANs ... no countermeasures for attackers ... visual basic programming being incorporated into every kind of "data" file ... if you displayed it at all ... it would execute the visual basic programming (i.e. if an email was displayed at all, it would automatigically execute the embedded programming).

1996 at the m'soft developers conferencing at moscone ... all the banners said "Internet" ... but the subtext in all the sessions was "protect your investment" ... this met all the visual basic programming automatic execution in data files would continue to work with no changes.

basically the paradigm of safe, small, local-area, private business LANs was being retargeted to the internet w/o any additional defenses and/or countermeasures against attackers.

also at the same conference ... several of the m'soft employees made reference to study that 95% of the users already had 95% of the function they wanted. up until that time, users&businesses would automatically buy the newest releases ... because they always had additional desired function. Supposedly 1996 was the inflection point where m'soft had to convert to the US auto sales model convincing users to continue to buy the latest model because it was the latest model ... not necessarily because they needed it.

note the automatic execution vulneraiblity is slightly different from the social engineering vulnerability paradigm ... where users are sent executable files and are enticed to execute the program ... which would contain some form of malware. an early form:
http://malware.wikia.com/wiki/Christmas_Tree
and
https://en.wikipedia.org/wiki/Timeline_of_computer_viruses_and_worms

prior to the big move by m'soft to the internet in the mid-90s, the major of all internet vulnerabilities came from C programming language treatment of string lengths. by 2000, it had change to approx. 1/3rd C-language related length handling, 1/3rd automatic execution, 1/3rd social engineering.

past posts mentioning MDC at mascone:
http://www.garlic.com/~lynn/2001l.html#49 Virus propagation risks
http://www.garlic.com/~lynn/2003e.html#45 Computer programming was all about:
http://www.garlic.com/~lynn/2003h.html#22 Why did TCP become popular ?
http://www.garlic.com/~lynn/2004b.html#34 Next generation processor architecture?
http://www.garlic.com/~lynn/2004l.html#51 Specifying all biz rules in relational data
http://www.garlic.com/~lynn/2006v.html#50 DOS C prompt in "Vista"?
http://www.garlic.com/~lynn/2007s.html#18 Oddly good news week: Google announces a Caps library for Javascript
http://www.garlic.com/~lynn/2007u.html#87 CompUSA to Close after Jan. 1st 2008
http://www.garlic.com/~lynn/2008r.html#26 realtors (and GM, too!)
http://www.garlic.com/~lynn/2009q.html#43 The 50th Anniversary of the Legendary IBM 1401
http://www.garlic.com/~lynn/2010c.html#63 who pioneered the WEB
http://www.garlic.com/~lynn/2010g.html#66 What is the protocal for GMT offset in SMTP (e-mail) header
http://www.garlic.com/~lynn/2010h.html#37 (slightly OT - Linux) Did IBM bet on the wrong OS?
http://www.garlic.com/~lynn/2010j.html#36 Favourite computer history books?
http://www.garlic.com/~lynn/2010p.html#9 The IETF is probably the single element in the global equation of technology competition than has resulted in the INTERNET
http://www.garlic.com/~lynn/2010p.html#40 The Great Cyberheist
http://www.garlic.com/~lynn/2011c.html#50 IBM and the Computer Revolution
http://www.garlic.com/~lynn/2011d.html#58 IBM and the Computer Revolution
http://www.garlic.com/~lynn/2011f.html#15 Identifying Latest zOS Fixes
http://www.garlic.com/~lynn/2011f.html#57 Are Tablets a Passing Fad?
http://www.garlic.com/~lynn/2011o.html#18 John R. Opel, RIP
http://www.garlic.com/~lynn/2011o.html#59 The lost art of real programming
http://www.garlic.com/~lynn/2011p.html#141 With cloud computing back to old problems as DDos attacks
http://www.garlic.com/~lynn/2012.html#81 The PC industry is heading for collapse
http://www.garlic.com/~lynn/2012.html#93 Where are all the old tech workers?
http://www.garlic.com/~lynn/2012i.html#18 Zeus/SpyEye 'Automatic Transfer' Module Masks Online Banking Theft
http://www.garlic.com/~lynn/2012i.html#32 Zeus/SpyEye 'Automatic ransfer' Module Masks Online Banking Theft
http://www.garlic.com/~lynn/2012i.html#37 Simulated PDP-11 Blinkenlight front panel for SimH
http://www.garlic.com/~lynn/2012j.html#93 Gordon Crovitz: Who Really Invented the Internet?
http://www.garlic.com/~lynn/2012j.html#97 Gordon Crovitz: Who Really Invented the Internet?
http://www.garlic.com/~lynn/2013.html#45 New HD

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: comp.arch, alt.folklore.computers
Date: Thu, 29 Aug 2013 18:14:07 -0400
"Johnny Chance" <Johnny_Chance_7654@nospam.com> writes:
There is no collateral to foreclose on in the third world.

The aid they get just goes straight into the swiss bank accounts of the politicians.


economic hit man (and some number of other accounts)
http://www.amazon.com/Confessions-Economic-Hit-none-ebook/dp/B001AFF266/
and
https://en.wikipedia.org/wiki/Confessions_of_an_Economic_Hit_Man

has World Bank &/or IMF convincing resource rich country to take out enormous loans for economic development ... grossly inflated, gold-plated contracts are then let to US engineering & construction companies. The numbers have been fudged that the projects will generate enough activity to pay off the loans ... which never happens. The country defaults on the loans ... and various natural resources are taken in lieu of payment. All of this significantly aided by bribes to various responsible gov. officials.

"Economic Hit Man" as well as "The Next Convergence: The Future of Economic Growth in a Multispeed World"
http://www.amazon.com/Next-Convergence-Economic-Multispeed-ebook/dp/B004EPYWCO/
and "Why Nations Fail: The Origins of Power, Prosperity, and Poverty"
http://www.amazon.com/Why-Nations-Fail-Prosperity-ebook/dp/B0058Z4NR8/

highlight that (at least up to the time of those publications) Botswana was one of the few exceptions to the scenario described in "Economic Hit Man".

a few past posts mentioning Botswana one of the few exceptions to the "Economic Hit Man" scenario
http://www.garlic.com/~lynn/2011l.html#44 Kabuki Theater 1603-1629
http://www.garlic.com/~lynn/2012f.html#70 The Army and Special Forces: The Fantasy Continues
and
http://www.garlic.com/~lynn/2012j.html#81 GBP13tn: hoard hidden from taxman by global elite

from above:

GBP13tn: hoard hidden from taxman by global elite * Study estimates staggering size of offshore economy * Private banks help wealthiest to move cash into havens
http://www.guardian.co.uk/business/2012/jul/21/global-elite-tax-offshore-economy

post to linkedin automatically translated GBP13tn to $21tn

Wealth doesn't trickle down -- it just floods offshore, new research reveals; A far-reaching new study suggests a staggering $21tn in assets has been lost to global tax havens. If taxed, that could have been enough to put parts of Africa back on its feet -- and even solve the euro crisis
http://www.guardian.co.uk/business/2012/jul/21/offshore-wealth-global-economy-tax-havens
Tax havens: Super-rich 'hiding' at least $21tn
http://www.bbc.co.uk/news/business-18944097
Tax Justice Network: Wealth Held in Tax Havens Skyrockets
http://blogs.wsj.com/washwire/2012/07/22/tax-justice-network-wealth-held-in-tax-havens-skyrockets/
Wealthy hiding $21 trillion in tax havens, report says
http://www.cbc.ca/news/world/story/2012/07/22/tax-havens.html
$US21 trillion 'hidden in tax havens'
http://www.abc.net.au/news/2012-07-23/31-trillion-dollars-hidden-in-tax-haven/4147114

... snip ...

other posts on the subject:
http://www.garlic.com/~lynn/2011l.html#35 The Next Convergence: The Future of Economic Growth in a Multispeed World
http://www.garlic.com/~lynn/2011l.html#36 The Next Convergence: The Future of Economic Growth in a Multispeed World
http://www.garlic.com/~lynn/2011l.html#40 The Next Convergence: The Future of Economic Growth in a Multispeed World
http://www.garlic.com/~lynn/2011m.html#18 computer bootlaces
http://www.garlic.com/~lynn/2011m.html#68 Bernanke Hearings
http://www.garlic.com/~lynn/2011n.html#57 The Mortgage Crisis---Some Inside Views
http://www.garlic.com/~lynn/2011n.html#65 Soups
http://www.garlic.com/~lynn/2011o.html#42 Speed: Re: Soups
http://www.garlic.com/~lynn/2011p.html#63 21st Century Management approach?
http://www.garlic.com/~lynn/2011p.html#71 A question for the readership
http://www.garlic.com/~lynn/2011p.html#73 A question for the readership
http://www.garlic.com/~lynn/2011p.html#80 The men who crashed the world
http://www.garlic.com/~lynn/2011p.html#111 Matt Taibbi with Xmas Message from the Rich
http://www.garlic.com/~lynn/2011p.html#129 Perspectives: Looped back in
http://www.garlic.com/~lynn/2011p.html#136 Gingrich urged yes vote on controversial Medicare bill
http://www.garlic.com/~lynn/2012.html#22 Who originated the phrase "user-friendly"?
http://www.garlic.com/~lynn/2012.html#25 You may ask yourself, well, how did I get here?
http://www.garlic.com/~lynn/2012c.html#62 Why Is Finance So Big?
http://www.garlic.com/~lynn/2012d.html#57 Study Confirms The Government Produces The Buggiest Software
http://www.garlic.com/~lynn/2012e.html#31 PC industry is heading for more change
http://www.garlic.com/~lynn/2012e.html#34 The never-ending SCO lawsuit
http://www.garlic.com/~lynn/2012e.html#35 The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
http://www.garlic.com/~lynn/2012e.html#36 The never-ending SCO lawsuit
http://www.garlic.com/~lynn/2012e.html#57 speculation
http://www.garlic.com/~lynn/2012e.html#58 Word Length
http://www.garlic.com/~lynn/2012e.html#60 Candid Communications & Tweaking Curiosity, Tools to Consider
http://www.garlic.com/~lynn/2012e.html#70 Disruptive Thinkers: Defining the Problem
http://www.garlic.com/~lynn/2012f.html#2 Did they apply Boyd's concepts?
http://www.garlic.com/~lynn/2012f.html#32 Back to the future: convict labor returns to America
http://www.garlic.com/~lynn/2012f.html#80 The Failure of Central Planning
http://www.garlic.com/~lynn/2012f.html#84 How do you feel about the fact that India has more employees than US?
http://www.garlic.com/~lynn/2012g.html#61 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
http://www.garlic.com/~lynn/2012g.html#70 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012g.html#75 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#5 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#10 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#15 Imbecilic Constitution
http://www.garlic.com/~lynn/2012h.html#18 How do you feel about the fact that India has more employees than US?
http://www.garlic.com/~lynn/2012i.html#85 Naked emperors, holy cows and Libor
http://www.garlic.com/~lynn/2012k.html#7 Is there a connection between your strategic and tactical assertions?
http://www.garlic.com/~lynn/2012k.html#42 The IBM "Open Door" policy
http://www.garlic.com/~lynn/2012k.html#45 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?
http://www.garlic.com/~lynn/2012l.html#17 Cultural attitudes towards failure
http://www.garlic.com/~lynn/2012m.html#29 Cultural attitudes towards failure
http://www.garlic.com/~lynn/2012m.html#33 General Mills computer
http://www.garlic.com/~lynn/2012m.html#34 General Mills computer
http://www.garlic.com/~lynn/2012m.html#39 General Mills computer
http://www.garlic.com/~lynn/2012n.html#3 General Mills computer
http://www.garlic.com/~lynn/2012n.html#60 The IBM mainframe has been the backbone of most of the world's largest IT organizations for more than 48 years
http://www.garlic.com/~lynn/2012n.html#83 Protected: R.I.P. Containment
http://www.garlic.com/~lynn/2012o.html#2 OT: Tax breaks to Oracle debated
http://www.garlic.com/~lynn/2012o.html#71 Is orientation always because what has been observed? What are your 'direct' experiences?
http://www.garlic.com/~lynn/2012p.html#44 Search Google, 1960:s-style
http://www.garlic.com/~lynn/2013d.html#93 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013d.html#95 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013d.html#98 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013e.html#7 How to Cut Megabanks Down to Size
http://www.garlic.com/~lynn/2013e.html#25 What Makes bank regulation and insurance Bizarre?
http://www.garlic.com/~lynn/2013e.html#51 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013i.html#78 Has the US Lost Its Grand Strategic Mind?
http://www.garlic.com/~lynn/2013i.html#80 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013i.html#94 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013k.html#39 copyright protection/Doug Englebart
http://www.garlic.com/~lynn/2013k.html#40 copyright protection/Doug Englebart

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

Refed: **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: comp.arch, alt.folklore.computers
Date: Fri, 30 Aug 2013 10:24:01 -0400
scott@slp53.sl.home (Scott Lurndal) writes:
OB Computers, both Dorthy and Peter Denning are prominent in the field (Peter as a innovative researcher and president of the ACM)

Peter had published late 60s an ACM paper on working set for virtual memory operation ... about the time I was doing work on virtual memory for cp67 (a major difference was his working set called for local LRU and I was doing global LRU).

roll-forward to dec81 ACM SIGOPS and Jim Gray asks if I can help a co-worker at Tandem get his Stanford PHD (Hennessy was the person's advisor) ... he was doing work on "clock" ... which involved global LRU ... and awarding the PHD was strongly opposed by the "local LRU" forces.

Besides my undergraduate work on global LRU in the 60s ... I also had comparison data with the Cambridge Science Center cp67 and the Grenoble Science Center cp67 systems from the early 70s. Grenoble had modified cp67 to conform with the ACM working set paper ... while cambridge science center was running my stuff.

Grenoble had a 1mbyte real storage cp67 ... that had 155 pageable pages (after fixed kernel storage requirements) running approx. 35 users. Cambridge had 768kbyte real storate cp67 ... that had 104 pageable pages (after fixed kernel storage requirements) running. 75-80 users with similar workload as grenoble and at least as good ... if not better interactive response and workload throughput. It was one of the few apples-to-apples direct comparisons of local versus global LRU ... showing global significantly outperformed local (twice the number of users on otherwise identical hardware and software but with only 2/3rds the available pageable pages).

unfortunately it took IBM research management nearly a year to get around to approving letting me send response (even tho it involved work while I was undergraduate before being IBM employee) ... I've commented before that hopefully it was because they figured they were punishing me because I was being blamed for online computer conferencing (and not because they were taking sides in the local/global LRU academic dispute).

past post with part of response sent nearly year after Jim asked me to help:
http://www.garlic.com/~lynn/2006w.html#email821019
in this post
http://www.garlic.com/~lynn/2006w.html#46 The Future of CPUs: What's After Multi-Core?

other posts mentioning above:
http://www.garlic.com/~lynn/2011f.html#73 Wylbur, Orvyl, Milton, CRBE/CRJE were all used (and sometimes liked) in the past
http://www.garlic.com/~lynn/2012c.html#17 5 Byte Device Addresses?
http://www.garlic.com/~lynn/2013d.html#7 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#42 True LRU With 8-Way Associativity Is Implementable

past posts mentioning clock, local lru, page replacement, etc
http://www.garlic.com/~lynn/subtopic.html#wsclock

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

Refed: **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: comp.arch, alt.folklore.computers
Date: Fri, 30 Aug 2013 20:22:50 -0400
Anne & Lynn Wheeler <lynn@garlic.com> writes:
Swiss Agree on Program for Banks to Settle U.S. Dispute
http://www.bloomberg.com/news/2013-08-28/swiss-give-green-light-for-banks-to-settle-u-s-dispute.html
Switzerland Agrees on Plan for Banks to Settle U.S. Tax Spat
http://washpost.bloomberg.com/Story?docId=1376-MS8ETI6JIJV901-7UC73PJR7BLLDI0KGOOFVJA4IB


re:
http://www.garlic.com/~lynn/2013k.html#64 What Makes a Tax System Bizarre?

Swiss banks to divulge names of wealthy US tax avoiders, pay billions in fines
http://rt.com/business/swiss-banks-disclose-assets-196/

from above:
About a hundred Swiss banks will avoid prosecution by divulging the names of US clients who have allegedly avoided tax by using secret accounts. The banks could face fines of up to 50 percent of the asset value if they provide full disclosure.

The settlement will apply to second-tier Swiss banks and will be open to banks not already under a US criminal investigation. This rules out the second-largest Swiss bank, Credit Suisse; the largest European bank HSBC Holdings Plc and Julius Baer Group Ltd, as well as several regional banks.


... snip ...

even with all the increase in legalized tax evasion ... there still continues to be significant illegal tax evasion.

past posts mentioning tax evasion
http://www.garlic.com/~lynn/submisc.html#tax.evasion

somewhat related

Breakdown of the $26 Trillion the Federal Reserve Handed Out to Save Incompetent, but Rich Investors
http://johnhively.wordpress.com/2011/12/05/breakdown-of-the-26-trillion-the-federal-reserve-handed-ou
The Redistribution of Wealth is a Function of Income Redistribution
http://johnhively.wordpress.com/2013/08/29/the-redistribution-of-wealth-is-a-function-of-income-redistribution/

and too big to fail ... would they ever actually but somebody in jail or really hold somebody accountable
http://www.garlic.com/~lynn/submisc.html#too-big-to-fail

--
virtualization experience starting Jan1968, online at home since Mar1970

Versailles on the Potomac at it again

Refed: **, - **, - **, - **
From: lynn@garlic.com
Subject: Versailles on the Potomac at it again
Date: 30 Aug 2013
Blog: Facebook
Versailles on the Potomac at it again
http://elpdefensenews.blogspot.com/2013/08/versailles-on-potomac-at-it-again.html

Eric quoting Chuck
http://www.counterpunch.org/2013/08/27/syria-in-the-crosshair/
and
http://chuckspinney.blogspot.com/2013/08/the-kosovo-precedent.html

then there is Chuck's The Domestic Roots of Perpetual War
http://chuckspinney.blogspot.com/p/domestic-roots-of-perpetual-war.html
some more recent Chuck's articles at time
http://nation.time.com/author/chuckspinney2/

How an Insular Beltway Elite Makes Wars of Choice More Likely
http://www.theatlantic.com/politics/archive/2013/08/how-an-insular-beltway-elite-makes-wars-of-choice-more-likely/279116/

somewhat along the lines of the beltway elite:

This Failure Rate Will Shock You
http://www.zerohedge.com/node/478219

Kosovo analysis: The Big Lie: From Serbia to Syria Kosovo: Where NATO Bombing Only Made the Killing Worse
http://www.counterpunch.org/2013/08/30/kosovo-where-nato-bombing-only-made-the-killing-worse/

In silicon valley in the 90s, we observed another phenomena ... lots of former intelligence workers looking for security jobs in e-commerce. Story was that administration, in order to keep balanced budget and not raise taxes ... the cost of Bosnia/Kosovo had to be offset by intelligence reducing costs elsewhere (including turfing a lot of humint and analysts)

contrast that to last decade ... in 2010 CBO did report that mostly after the fiscal responsibility act was allowed to expire in 2002 (required tax revenues match spending) tax revenues were decreased by $6T and spending increased by $6T (compared to baseline which had all federal debt retired by 2010) for a $12T budget gap. Winslow (no relation) in 2010 had a little over $2T of the $6T increase in spending going to DOD, a little over $1T for the two wars and the other $1+T couldn't be explained.

some past posts that mention "Why Nations Fail: The Origins of Power, Prosperity, and Poverty"
http://www.amazon.com/Why-Nations-Fail-Prosperity-ebook/dp/B0058Z4NR8/

http://www.garlic.com/~lynn/2012e.html#31 PC industry is heading for more change
http://www.garlic.com/~lynn/2012e.html#34 The never-ending SCO lawsuit
http://www.garlic.com/~lynn/2012e.html#35 The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
http://www.garlic.com/~lynn/2012e.html#36 The never-ending SCO lawsuit
http://www.garlic.com/~lynn/2012e.html#57 speculation
http://www.garlic.com/~lynn/2012e.html#60 Candid Communications & Tweaking Curiosity, Tools to Consider
http://www.garlic.com/~lynn/2012e.html#70 Disruptive Thinkers: Defining the Problem
http://www.garlic.com/~lynn/2012f.html#2 Did they apply Boyd's concepts?
http://www.garlic.com/~lynn/2012f.html#32 Back to the future: convict labor returns to America
http://www.garlic.com/~lynn/2012f.html#70 The Army and Special Forces: The Fantasy Continues
http://www.garlic.com/~lynn/2012f.html#80 The Failure of Central Planning
http://www.garlic.com/~lynn/2012f.html#84 How do you feel about the fact that India has more employees than US?
http://www.garlic.com/~lynn/2012h.html#10 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#15 Imbecilic Constitution
http://www.garlic.com/~lynn/2012i.html#85 Naked emperors, holy cows and Libor
http://www.garlic.com/~lynn/2012j.html#81 GBP13tn: hoard hidden from taxman by global elite
http://www.garlic.com/~lynn/2012k.html#7 Is there a connection between your strategic and tactical assertions?
http://www.garlic.com/~lynn/2012k.html#42 The IBM "Open Door" policy
http://www.garlic.com/~lynn/2012k.html#45 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?
http://www.garlic.com/~lynn/2012l.html#17 Cultural attitudes towards failure
http://www.garlic.com/~lynn/2012m.html#29 Cultural attitudes towards failure
http://www.garlic.com/~lynn/2012m.html#34 General Mills computer
http://www.garlic.com/~lynn/2012m.html#39 General Mills computer
http://www.garlic.com/~lynn/2012n.html#83 Protected: R.I.P. Containment
http://www.garlic.com/~lynn/2012o.html#71 Is orientation always because what has been observed? What are your 'direct' experiences?
http://www.garlic.com/~lynn/2012p.html#44 Search Google, 1960:s-style
http://www.garlic.com/~lynn/2013k.html#39 copyright protection/Doug Englebart
http://www.garlic.com/~lynn/2013k.html#40 copyright protection/Doug Englebart
http://www.garlic.com/~lynn/2013k.html#69 What Makes a Tax System Bizarre?

some past posts mentioning $12T budget gap:
http://www.garlic.com/~lynn/2012d.html#42 China's J-20 Stealth Fighter Is Already Doing A Whole Lot More Than Anyone Expected
http://www.garlic.com/~lynn/2012d.html#60 Memory versus processor speed
http://www.garlic.com/~lynn/2012e.html#25 We are are on the brink of historic decision [referring to defence cuts]
http://www.garlic.com/~lynn/2012e.html#40 Who Increased the Debt?
http://www.garlic.com/~lynn/2012e.html#58 Word Length
http://www.garlic.com/~lynn/2012f.html#68 'Gutting' Our Military
http://www.garlic.com/~lynn/2012f.html#81 The Pentagon's New Defense Clandestine Service
http://www.garlic.com/~lynn/2012f.html#88 Defense acquisitions are broken and no one cares
http://www.garlic.com/~lynn/2012g.html#6 Adult Supervision
http://www.garlic.com/~lynn/2012g.html#45 Fareed Zakaria
http://www.garlic.com/~lynn/2012h.html#5 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#6 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#25 US economic update. Everything that follows is a result of what you see here
http://www.garlic.com/~lynn/2012h.html#26 US economic update. Everything that follows is a result of what you see here
http://www.garlic.com/~lynn/2012h.html#30 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#33 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#50 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#61 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#68 Interesting News Article
http://www.garlic.com/~lynn/2012i.html#0 Interesting News Article
http://www.garlic.com/~lynn/2012i.html#41 Lawmakers reworked financial portfolios after talks with Fed, Treasury officials
http://www.garlic.com/~lynn/2012i.html#81 Should the IBM approach be given a chance to fix the health care system?
http://www.garlic.com/~lynn/2012k.html#37 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?
http://www.garlic.com/~lynn/2012k.html#74 Unthinkable, Predictable Disasters
http://www.garlic.com/~lynn/2012k.html#79 Romney and Ryan's Phony Deficit-Reduction Plan
http://www.garlic.com/~lynn/2012l.html#55 CALCULATORS
http://www.garlic.com/~lynn/2012l.html#85 Singer Cartons of Punch Cards
http://www.garlic.com/~lynn/2012m.html#33 General Mills computer
http://www.garlic.com/~lynn/2012o.html#1 OT: Tax breaks to Oracle debated
http://www.garlic.com/~lynn/2012o.html#16 OT: Tax breaks to Oracle debated
http://www.garlic.com/~lynn/2012p.html#30 Search Google, 1960:s-style
http://www.garlic.com/~lynn/2012p.html#41 Search Google, 1960:s-style
http://www.garlic.com/~lynn/2013d.html#94 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013e.html#67 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013e.html#70 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013e.html#72 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#5 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#16 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#30 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013j.html#27 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013j.html#29 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#41 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#59 John Boyd's Art of War

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

Refed: **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: comp.arch, alt.folklore.computers
Date: Fri, 30 Aug 2013 23:32:10 -0400
Dan Espen <despen@verizon.net> writes:
We're going to need to build a few more federal prisons.

re:
http://www.garlic.com/~lynn/2013k.html#71 What Makes a Tax System Bizarre?

2009 estimate was 52,000 wealthy americans and $400B in upaid taxes (this is apparently just personal tax evasion, doesn't include corporate tax evasion) ... since then possibly one person has done jail time ... all the rest is just fines. note that in the period since 2009, congress has made an attempt or two to eliminate enforcement funds for prosecuting wealthy american tax evasion (possibly same lobbying groups that have been so successful in getting numerous forms of tax evasion made legal).

considering the news items and articles that US has the highest incarceration rates in the world .. the lack of wealthy doing jail time for their criminal activity seems inconsistent ... easily more than trillion in fines and back taxes would have enough to build another prison or two for the offenders.

List of countries by incarceration rate
https://en.wikipedia.org/wiki/List_of_countries_by_incarceration_rate
U.S. prison population dwarfs that of other nations
http://www.nytimes.com/2008/04/23/world/americas/23iht-23prison.12253738.html?pagewanted=all
U.S. Has World's Highest Incarceration Rate
http://www.prb.org/Publications/Articles/2012/us-incarceration.aspx

past posts mentioning tax evasion
http://www.garlic.com/~lynn/submisc.html#tax.evasion

--
virtualization experience starting Jan1968, online at home since Mar1970

RBC's other problem: Freddie Mac names embattled bank in LIBOR suit

From: lynn@garlic.com
Subject: RBC's other problem: Freddie Mac names embattled bank in LIBOR suit
Date: 31 Aug 2013
Blog: Financial Crime Risk, Fraud and Security
RBC's other problem: Freddie Mac names embattled bank in LIBOR suit
http://www.canadianbusiness.com/companies-and-industries/rbcs-other-problem-2/

from above:
If there is a silver lining in the March 14 Eastern District of Virginia filing, it's that RBC is being sued for fraud only, while several other institutions, including Bank of America, Deutsche Bank and Barclays, are being sued for fraud and breach of contract.

... snip ...

posts mentioning LIBOR
http://www.garlic.com/~lynn/submisc.html#libor

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

Refed: **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Sat, 31 Aug 2013 09:51:34 -0400
Don quotes OODA-loop & Boyd periodically. One of the periodic points has been that the numerous strategies over the years to remake the army have gone astray with its ingrained 2nd generation/linear culture. He just returned last week from Afghanistan tour

The Path to Victory
http://www.amazon.com/The-Path-to-Victory-ebook/dp/B00EHV3ADW/

loc3610-14:
For the first 4 years after "9/11," the Army remained focused on linear warfare, and only slowly changed from the bottom up after the shock of occupation following the fall of Baghdad. However, after a year of occupation in Iraq, the Army faced a new enemy, one that already had been evolving, and one that practiced Fourth Generation Warfare (4GW). Fortunately, there has been growing consensus that the new operational environment requires a new military culture; that this is going to be a "long war," in which traditional linear and attritionist approaches do not always work and the non-military lines of operation are centerpiece.

loc:4123-29
Contrast the two methods of dealing with organizational problems—Industrial Age and Professional—and discover that the first method is not concerned with growing the problem solving ability of the soldier. It also focuses the efforts of leadership on solving an increasing number of problems for the soldier. The byproduct of this method is a growing sense of frustration in the leadership, over the growing sense of a lack of initiative and responsibility in soldiers. The second method is concerned with growing the problem solving ability of the individual and sees problems as opportunities. It focuses efforts of leadership on providing the environment and resources for the individual to succeed. The first method defines what the soldier must do for success while the second method empowers the soldier to discover what he can do.

... snip ...

posts & URL referencing Boyd
http://www.garlic.com/~lynn/subboyd.html

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

Refed: **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Sat, 31 Aug 2013 10:07:40 -0400
re:
http://www.garlic.com/~lynn/2013k.html#75 spacewar

the early justifications for Iraq invasion included it would only cost $50B (claims that planning even started before 9/11). Part of the reasoning for the $50B price-tag was that boyd, OODA-loop and maneuver warfare with small, fast, groups could out-maneuver the opposition.

some recent articles claim that the early iraq invasion failure descredits boyd and OODA-loop ... however, 1) boyd & OODA-loop scenarios also calls for highly skilled professionals ... which wasn't part of the army culture and 2) it was all a facade by Team B
http://www.garlic.com/~lynn/submisc.html#team.b
for perpetual war
http://www.garlic.com/~lynn/submisc.html#perpetual.war
and ever increasing quarterly profits for MICC.
http://www.garlic.com/~lynn/submisc.html#military.industrial.complex

--
virtualization experience starting Jan1968, online at home since Mar1970

German infosec agency warns against Trusted Computing in Windows 8

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: German infosec agency warns against Trusted Computing in Windows 8
Newsgroups: alt.folklore.computers
Date: Sat, 31 Aug 2013 14:44:14 -0400
re:
http://www.garlic.com/~lynn/2013k.html#66 German infosec agency warns against Trusted Computing in Windows 8

ever since learning about 3kinds of crypto ... I've periodically wondered about the trade-offs between penetration/compromise and information assurance

Sysadmin security fail: NSA finds Snowden hijacked officials' logins
http://arstechnica.com/information-technology/2013/08/sysadmin-security-fail-nsa-finds-snowden-hijacked-officials-logins/
Edward Snowden Impersonated NSA Officials To Obtain Some Documents
http://www.rttnews.com/2180737/edward-snowden-impersonated-nsa-officials-to-obtain-some-documents.aspx?type=gn&utm_source=google&utm_campaign=sitemap
Snowden Digitally Impersonated NSA Officials
http://www.businessinsider.com/snowden-digitally-impersonated-nsa-officials-2013-8
Snowden Accused of Impersonating NSA Officials
http://nymag.com/daily/intelligencer/2013/08/snowden-accused-of-impersonating-nsa-officials.html
Edward Snowden Impersonated NSA Officials: Report
http://www.huffingtonpost.com/2013/08/29/edward-snowden-impersonated-nsa_n_3837459.html?utm_hp_ref=politics
Why it was easy for Edward Snowden to impersonate top NSA officials
http://theweek.com/article/index/248976/why-it-was-easy-for-edward-snowden-to-impersonate-top-nsa-officials

past posts mentioning assurance
http://www.garlic.com/~lynn/subintegrity.html#assurance

recent posts mentioning believing 20yr old information assurance/security state-of-the-art should have made Snowden-type event unlikely
http://www.garlic.com/~lynn/2013i.html#41 Is newer technology always better? It almost is. Exceptions?
http://www.garlic.com/~lynn/2013i.html#65 The Real Snowden Question
http://www.garlic.com/~lynn/2013i.html#76 The failure of cyber defence - the mindset is against it
http://www.garlic.com/~lynn/2013j.html#43 8080 BASIC
http://www.garlic.com/~lynn/2013k.html#37 Do You Want Better Security? Eliminate System Administrators!

past posts mentioning becomeing aware that there was 3 kinds of crypto
http://www.garlic.com/~lynn/2008h.html#87 New test attempt
http://www.garlic.com/~lynn/2008i.html#86 Own a piece of the crypto wars
http://www.garlic.com/~lynn/2009p.html#32 Getting Out Hard Drive in Real Old Computer
http://www.garlic.com/~lynn/2010i.html#27 Favourite computer history books?
http://www.garlic.com/~lynn/2010o.html#43 Internet Evolution - Part I: Encryption basics
http://www.garlic.com/~lynn/2010p.html#19 The IETF is probably the single element in the global equation of technology competition than has resulted in the INTERNET
http://www.garlic.com/~lynn/2011g.html#20 TELSTAR satellite experiment
http://www.garlic.com/~lynn/2011g.html#60 Is the magic and romance killed by Windows (and Linux)?
http://www.garlic.com/~lynn/2011g.html#69 Is the magic and romance killed by Windows (and Linux)?
http://www.garlic.com/~lynn/2011h.html#0 We list every company in the world that has a mainframe computer
http://www.garlic.com/~lynn/2011n.html#63 ARPANET's coming out party: when the Internet first took center stage
http://www.garlic.com/~lynn/2011n.html#85 Key Escrow from a Safe Distance: Looking back at the Clipper Chip
http://www.garlic.com/~lynn/2012.html#63 Reject gmail
http://www.garlic.com/~lynn/2012i.html#70 Operating System, what is it?
http://www.garlic.com/~lynn/2012k.html#47 T-carrier
http://www.garlic.com/~lynn/2013d.html#1 IBM Mainframe (1980's) on You tube
http://www.garlic.com/~lynn/2013g.html#31 The Vindication of Barb
http://www.garlic.com/~lynn/2013i.html#69 The failure of cyber defence - the mindset is against it

--
virtualization experience starting Jan1968, online at home since Mar1970

Libor Rate-Probe Spotlight Shines on Higher-Ups

From: lynn@garlic.com
Subject: Libor Rate-Probe Spotlight Shines on Higher-Ups
Date: 31 Aug 2013
Blog: Financial Crime Risk, Fraud and Security
Libor Rate-Probe Spotlight Shines on Higher-Ups
http://online.wsj.com/article/SB10001424127887324165204579028703364511212.html

Libor litigation lives! Schwab refiles fraud claims in state court
http://blogs.reuters.com/alison-frankel/2013/04/30/libor-litigation-lives-schwab-refiles-fraud-claims-in-state-court/

from above:
The supposed conspiracy to depress Libor, according to the complaint, "was, by its very nature, self-concealing." Reasonable investors could not know that the rate was being suppressed, Schwab said, when officials from Credit Suisse, JPMorgan Chase, Bank of America and Citigroup were assuring the public that Libor was legitimate.

... snip ...

Libor probe keys on execs at Citi, other banks Regulators weigh whether higher-ups played roles in rate manipulation
http://www.marketwatch.com/story/libor-probe-keys-on-execs-at-citi-other-banks-2013-08-29
Bad Banks
http://www.huffingtonpost.com/camille-rivera/bad-banks_b_3844984.html
Regulators Examine Top Execs At Citigroup, Other Banks In Libor Probe
http://www.valuewalk.com/2013/08/top-execs-at-citigroup-in-libor-probe/

posts mentioning libor
http://www.garlic.com/~lynn/submisc.html#libor

--
virtualization experience starting Jan1968, online at home since Mar1970

Steve B sees what investors think

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: Steve B sees what investors think
Newsgroups: alt.folklore.computers
Date: Sat, 31 Aug 2013 17:32:39 -0400
"Charlie" <Charlie1943@nospam.com> writes:
Problem with that line is that they don't do any real hand to hand combat anymore.

And the same applies to the other clothing too, if the enemy is close enough to grab the tie or beard, they can just as easily grab the clothes or the flack jacket.

A better example would be the cops where they do still do a considerable amount of hand to hand combat at times and the same thing appies with the criminal being able to grab the anti stab vest or clothes just as easily as with a tie or beard.


"grab them by the belt" has been used somewhat figuratively about vietnam ... US has been WW2/2gw with massive firepower, the opposition learned countemeasure was to get in so close that there was danger of artillery barrages and airstrikes would hit our own people

First Battle: Operation Starlite and the Beginning of the Blood Debt in Vietnam
http://www.amazon.com/First-Battle-Operation-Beginning-ebook/dp/B00BBPWBHI/
pg173/loc2984-87:
They used "grab-them-by-the-belt" tactics—that is, when engaged they moved in as close as they could to their enemy in order to negate the effects of supporting arms, which would endanger American troops when employed too close to American lines. And they quickly learned ways around our highly vaunted technical advances, one at a time.

... snip ...

Road of 10,000 Pains: The Destruction of the 2nd NVA Division by the U.S. Marines, 1967
http://www.amazon.com/Road-000-Pains-Destruction-ebook/dp/B004NNUYG0/
pg32/loc597-600:
Both tactics gave the Marines an initial disadvantage, which they paid for in blood. Once battle was joined, the Marines depended heavily on supporting arms, the only American weapons the enemy truly feared, to give them the upper hand while the NVA tenaciously held on until they could disappear in the dark. The enemy developed a "grab them by the belt" tactic, which dictated that they get as close to the Marines as possible, making it almost as hazardous for the Marines as for the NVA when the former called up their artillery and air support.

... snip ...

Gray
https://en.wikipedia.org/wiki/Alfred_M._Gray,_Jr.

when he was commandant ... goes on to leverage Boyd for make-over of marine corp. misc. past posts &/or URLs mentioning Boyd
http://www.garlic.com/~lynn/subboyd.html

recent post mentioning US army still stuck in 2GW
http://www.garlic.com/~lynn/2013k.html#75 spacewar
http://www.garlic.com/~lynn/2013k.html#76 spacewar

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

Refed: **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Sat, 31 Aug 2013 19:31:09 -0400
Peter Flass <Peter_Flass@Yahoo.com> writes:
military has plans for invasions of just about everywhere, probably including Liechtenstein.

BTW, for once I support Obama - better late than never, let's see how he does with it.


re:
http://www.garlic.com/~lynn/2013k.html#75 spacewar
http://www.garlic.com/~lynn/2013k.html#76 spacewar

however the $50B estimate was way off ... some estimates that it eventually becomes $5T with long-term veterans and medical benetifts ... an 100-fold increase ... and the WMD justification was total fabrication.

there are recent articles that the bogus WMD justification for the iraq invation has resulted in skepticsm and questioning US credibility. recent post with some of the references
http://www.garlic.com/~lynn/2013k.html#72 Versailles on the Potomac at it again

one of the unintended consequences of the bogus WMDs justification ... was that military was told to bypass bunkers of weapons & ammunition ... looking for WMDs ... and then when they got around to going back, the bunkers were empty ... million metric tons had disappeared. some past refs:
http://www.garlic.com/~lynn/2013h.html#38 OT: "Highway Patrol" back on TV
http://www.garlic.com/~lynn/2013h.html#41 Is newer technology always better? It almost is. Exceptions?
http://www.garlic.com/~lynn/2013h.html#64 OT: "Highway Patrol" back on TV
http://www.garlic.com/~lynn/2013k.html#48 John Boyd's Art of War

other recents posts mentioning bogus/fabricated WMDs and Iraq invasion
http://www.garlic.com/~lynn/2013c.html#86 A Matter of Mindset: Iraq, Sequestration and the U.S. Army
http://www.garlic.com/~lynn/2013e.html#5 Lessons Learned from the Iraq War
http://www.garlic.com/~lynn/2013j.html#30 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#59 John Boyd's Art of War

some of the large artillery shells that went missing (part of the million metic tons) ... then start showing up in massive IEDs ... capable of even taking out M1s ... also discussed
http://www.garlic.com/~lynn/2013k.html#48 John Boyd's Art of War

referencing this recent article

John Boyd's Art of War; Why our greatest military theorist only made colonel
http://www.theamericanconservative.com/articles/john-boyds-art-of-war/

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

Refed: **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Sat, 31 Aug 2013 20:19:31 -0400
Anne & Lynn Wheeler <lynn@garlic.com> writes:
there are recent articles that the bogus WMD justification for the iraq invation has resulted in skepticsm and questioning US credibility. recent post with some of the references
http://www.garlic.com/~lynn/2013k.html#72 Versailles on the Potomac at it again


re:
http://www.garlic.com/~lynn/2013k.html#75 spacewar
http://www.garlic.com/~lynn/2013k.html#76 spacewar
http://www.garlic.com/~lynn/2013k.html#80 spacewar

some more on the credibility of US

Wheels Falling Off the Imperial Reality-Creating Machine
http://www.nakedcapitalism.com/2013/08/wheels-falling-off-the-imperial-reality-creating-machine.html

references include

Faith, Certainty and the Presidency of George W. Bush
http://www.nytimes.com/2004/10/17/magazine/17BUSH.html?_r=0

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Sun, 01 Sep 2013 10:35:32 -0400
Shmuel (Seymour J.) Metz <spamtrap@library.lspace.org.invalid> writes:
"Eight character tokenization is Mickey Mouse" (SJM, Share at Anaheim)

I was thinking of z/VM, which is still supported. Not, alas, licensed to run under Hercules.


a lot of convention came from CTSS
https://en.wikipedia.org/wiki/Compatible_Time-Sharing_System

some of the CTSS people went to Project MAC and multics on the 5th flr, others went to science center on the 4th flr and did cp40/cms
https://en.wikipedia.org/wiki/CP-40
Comeau's cp40 paper
http://www.garlic.com/~lynn/cp40seas1982.txt
which morphs into cp67/cms
https://en.wikipedia.org/wiki/CP/CMS

... however, the other thing part of the API ... besides 8byte tokenization was EXECs, executables (MODULES), and kernel calls used the same API. command entry went through ordered resolution sequence ordered search of filesystems for name as EXEC, then ordered search for MODULE, then look for kernel call SVC (with that name). In the past, I've demo'ed doing kernel routine call ... normally only done in assembler with SVC 202 instruction, from EXEC (i.e. all kernel calls were SVC 202 with R1 pointing to PLIST that had same "tokenization" as done for command line ... including first token name of routine invoked).

In any case, the API convention allowed application evolution and adaptation to proceed at greatly expanded pace.

while much of the CP67 code was new in the morph to VM370 ... even if function initially somewhat regressed. Much of the CMS code moved unchanged (except for "CMS" changing from cambridge monitor system to conversational monitor system). CMS morph to VM370 did introduce SVC 203 convention that had index to desired kernel routine and bypassed the command lookup convention ... and some high-use CMS code modified to use SVC 203 (instead 202) ... trivia decimal 202 is hex "CA" chosen for abbreviation for CAmbridge.

a few past posts mentioning svc 203
http://www.garlic.com/~lynn/2003l.html#4 S/360 Engineering Changes
http://www.garlic.com/~lynn/2004p.html#22 need a firewall
http://www.garlic.com/~lynn/2004q.html#49 creat
http://www.garlic.com/~lynn/2009o.html#12 Calling ::routines in oorexx 4.0
http://www.garlic.com/~lynn/2009o.html#15 Calling ::routines in oorexx 4.0
http://www.garlic.com/~lynn/2009s.html#57 Happy DEC-10 Day
http://www.garlic.com/~lynn/2012g.html#1 Did the 1401 use SVC's??

misc. past posts mentioning cambridge science center
http://www.garlic.com/~lynn/subtopic.html#545tech

triva ... the cp/cms wiki mentions cp67 supporting 60users ... however, I've recently posted that genoble's modification to cp67 for working set dispather and local lru page replacement supported 35 users with effectively same workload, throughput, and response (on 1mbyte 360/67) as the cambrige cp67 supporting 80users (on 768kbyte 360/67)
http://www.garlic.com/~lynn/2013k.html#70 What Makes a Tax System Bizarre

other history
https://en.wikipedia.org/wiki/History_of_CP/CMS

above somewhat garble's "IDC" ... one of the co-op students mentioned here
http://www.garlic.com/~lynn/2006v.html#email731212

graduates and joins IDC where he makes further enhancements to the pageable code to include all process, description, and paging control blocks ... supporting non-disruptive migration of processes between systems in loosely-coupled configuration. this was part of supporting 7x24 operation ... even in the days when machines had to be regularly taken down for system maintenance.

misc. past posts mentioning virtual machine based commerical online computer service
http://www.garlic.com/~lynn/submain.html#timeshare

other IDC trivia (and topic drift) with regard to the financial crisis ... in Jan2009 when there was still some facade that TARP funds would be used for purchase of toxic assets (instead of propping up bonuses of too-big-to-fail executives) there was brief mention of IDC being involved in valuing toxic assets for purchase. Part of the issue was that in 1972, IDC had bought the pricing services division from one of the credit rating agencies ... sort of supporting the congressional hearing testimony that the credit rating agency business model had become mis-aligned ... they were doing ratings for the benefit of the sellers ... not the buyers (and therefor didn't require accurate pricing valuation).

past posts mentioning toxic CDOs (toxic assets)
http://www.garlic.com/~lynn/submisc.html#toxic.cdo

past posts mentioning too big to fail
http://www.garlic.com/~lynn/submisc.html#too-big-to-fail

past post mentioning IDC, TARP, & pricing services division
http://www.garlic.com/~lynn/2009.html#21 Banks to embrace virtualisation in 2009: survey
http://www.garlic.com/~lynn/2009.html#31 Banks to embrace virtualisation in 2009: survey
http://www.garlic.com/~lynn/2009.html#32 What are the challenges in risk analytics post financial crisis?
http://www.garlic.com/~lynn/2009.html#42 Lets play Blame Game...?
http://www.garlic.com/~lynn/2009.html#52 The Credit Crunch: Why it happened?
http://www.garlic.com/~lynn/2009.html#77 CROOKS and NANNIES: what would Boyd do?
http://www.garlic.com/~lynn/2009.html#79 The Credit Crunch: Why it happened?
http://www.garlic.com/~lynn/2009b.html#38 A great article was posted in another BI group: "To H*** with Business Intelligence: 40 Percent of Execs Trust Gut"
http://www.garlic.com/~lynn/2009b.html#49 US disaster, debts and bad financial management
http://www.garlic.com/~lynn/2009b.html#53 Credit & Risk Management ... go Simple ?
http://www.garlic.com/~lynn/2009b.html#78 How to defeat new telemarketing tactic
http://www.garlic.com/~lynn/2009c.html#1 Audit II: Two more scary words: Sarbanes-Oxley
http://www.garlic.com/~lynn/2009e.html#15 The background reasons of Credit Crunch
http://www.garlic.com/~lynn/2009e.html#53 Are the "brightest minds in finance" finally onto something?
http://www.garlic.com/~lynn/2009e.html#70 When did "client server" become part of the language?
http://www.garlic.com/~lynn/2009f.html#41 On whom or what would you place the blame for the sub-prime crisis?
http://www.garlic.com/~lynn/2009f.html#49 Is the current downturn cyclic or systemic?
http://www.garlic.com/~lynn/2009h.html#40 Analysing risk, especially credit risk in Banks, which was a major reason for the current crisis
http://www.garlic.com/~lynn/2009n.html#20 UK issues Turning apology (and about time, too)
http://www.garlic.com/~lynn/2009n.html#68 Opinions on the 'Unix Haters' Handbook'
http://www.garlic.com/~lynn/2009q.html#47 Is C close to the machine?
http://www.garlic.com/~lynn/2010c.html#48 Happy DEC-10 Day
http://www.garlic.com/~lynn/2010d.html#4 alphas was: search engine history, was Happy DEC
http://www.garlic.com/~lynn/2010e.html#52 LPARs: More or Less?
http://www.garlic.com/~lynn/2010i.html#49 "Fraud & Stupidity Look a Lot Alike"
http://www.garlic.com/~lynn/2010n.html#50 TARP Bailout to Cost Less Than Once Anticipated
http://www.garlic.com/~lynn/2011d.html#25 The first personal computer (PC)
http://www.garlic.com/~lynn/2011j.html#45 S&P's History of Relentless Political Advocacy
http://www.garlic.com/~lynn/2011j.html#50 How Many Divisions Does Standard and Poors Have?
http://www.garlic.com/~lynn/2012c.html#46 PC industry is heading for more change
http://www.garlic.com/~lynn/2013b.html#35 Adair Turner: A New Debt-Free Money Advocate
http://www.garlic.com/~lynn/2013c.html#66 How to Cut Megabanks Down to Size
http://www.garlic.com/~lynn/2013d.html#67 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013j.html#57 The Internet: Missing the Light

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: alt.folklore.computers
Date: Sun, 01 Sep 2013 11:30:50 -0400
jmfbahciv <See.above@aol.com> writes:
But they can't borrow 3 times on the same amount. That's what governments are doing.

early 90s we were doing some work with somebody from Univ. of Michigan. At the time he said that most states were effectively insolvent ... and doing all sorts of tricks to obfuscate the problem (like fiddling books with regard to pension reserves). He mentions that the univ. seeing the problem had been aggressive at finding other funding sources ... going from 85% state (and most of the rest tuition) to 11% state funding.

some past posts mention states insolvent
http://www.garlic.com/~lynn/2011o.html#69 Civilization, doomed?
http://www.garlic.com/~lynn/2011p.html#125 UC-Berkeley and other 'public Ivies' in fiscal peril
http://www.garlic.com/~lynn/2012g.html#75 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#18 How do you feel about the fact that India has more employees than US?

as I've recently mention that in 2010, CBO had report that after congress allowed fiscal responsibility act to expire in 2002 (required spending to match revenue) ... that tax revenues were reduced by $6T and spending increased by $6T (compared to baseline which had all federal debt retired by 2010) for $12T budget gap. some recent refs:
http://www.garlic.com/~lynn/2013k.html#41 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#43 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#59 John Boyd's Art of War
http://www.garlic.com/~lynn/2013k.html#72 Versailles on the Potomac at it again

It was in the middle of last decade, I noticed the comptroller general including references in speeches to nobody in congress capable of middle school arithmatic (for how they were savaging the budget).

past posts mentioning fiscal responsibility act
http://www.garlic.com/~lynn/submisc.html#fiscal.responsibility.act

past posts mentioning comptroller general (and his references the middle of last decade that nobody in congress was capable of middle school arithmatic for what they were doing to the budget)
http://www.garlic.com/~lynn/submisc.html#comptroller.general

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

Refed: **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Sun, 01 Sep 2013 14:26:47 -0400
Peter Flass <Peter_Flass@Yahoo.com> writes:
That's possible without putting a sinister spin on things. The military has plans for invasions of just about everywhere, probably including Liechtenstein.

re:
http://www.garlic.com/~lynn/2013k.html#75 spacewar
http://www.garlic.com/~lynn/2013k.html#76 spacewar
http://www.garlic.com/~lynn/2013k.html#80 spacewar
http://www.garlic.com/~lynn/2013k.html#81 spacewar

oh and it was Team B
https://en.wikipedia.org/wiki/Team_B
heavy player supporting Saddam
https://en.wikipedia.org/wiki/United_States_support_for_Iraq_during_the_Iran%E2%80%93Iraq_war
in the iran/iraq war
https://en.wikipedia.org/wiki/Iran%E2%80%93Iraq_War
they then go on to help with US being arms merchants to both sides
https://en.wikipedia.org/wiki/Iran%E2%80%93Contra_affair
and it is still Team B in this iraq invasion
https://en.wikipedia.org/wiki/Gulf_War
as well as the most recent iraq invasion
https://en.wikipedia.org/wiki/Iraq_War

following has Team B picture

CIA files prove America helped Saddam as he gassed Iran
http://www.stripes.com/opinion/cia-files-prove-america-helped-saddam-as-he-gassed-iran-1.238362

more:

CIA Files Show U.S. Was Involved In Saddam Hussein's Iranian Gas Attacks, Foreign Policy Reports
http://www.huffingtonpost.com/2013/08/26/us-saddam-hussein_n_3815109.html
Exclusive: CIA Files Prove America Helped Saddam as He Gassed Iran
http://www.foreignpolicy.com/articles/2013/08/25/secret_cia_files_prove_america_helped_saddam_as_he_gassed_iran

past posts mentioning Team B
http://www.garlic.com/~lynn/submisc.html#team.b

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Sun, 01 Sep 2013 15:08:02 -0400
Anne & Lynn Wheeler <lynn@garlic.com> writes:
some of the large artillery shells that went missing (part of the million metic tons) ... then start showing up in massive IEDs ... capable of even taking out M1s ... also discussed
http://www.garlic.com/~lynn/2013k.html#48 John Boyd's Art of War


re:
http://www.garlic.com/~lynn/2013k.html#80 spacewar

oh above reference includes: "The great M-1 tank myth"
http://elpdefensenews.blogspot.com.au/2013/07/the-great-m-1-tank-myth.html

other past posts mentioning M-1
http://www.garlic.com/~lynn/2001m.html#13 mainframe question
http://www.garlic.com/~lynn/2006g.html#13 News Release
http://www.garlic.com/~lynn/2009p.html#16 WSJ.com - IBM Puts Executive on Leave
http://www.garlic.com/~lynn/2010.html#34 360 programs on a z/10
http://www.garlic.com/~lynn/2010e.html#59 More calumny: "Secret Service Uses 1980s Mainframe"
http://www.garlic.com/~lynn/2010h.html#51 25 reasons why hardware is still hot at IBM
http://www.garlic.com/~lynn/2010i.html#57 Favourite computer history books?
http://www.garlic.com/~lynn/2011j.html#14 Innovation and iconoclasm
http://www.garlic.com/~lynn/2011m.html#58 computer bootlaces
http://www.garlic.com/~lynn/2011n.html#21 Goodbye, OODA-Loop
http://www.garlic.com/~lynn/2012h.html#9 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012i.html#2 Interesting News Article
http://www.garlic.com/~lynn/2012n.html#29 Jedi Knights
http://www.garlic.com/~lynn/2012n.html#38 Jedi Knights
http://www.garlic.com/~lynn/2013e.html#5 Lessons Learned from the Iraq War
http://www.garlic.com/~lynn/2013j.html#36 What Makes a Tax System Bizarre?

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: alt.folklore.computers
Date: Mon, 02 Sep 2013 10:04:50 -0400
jmfbahciv <See.above@aol.com> writes:
That's what the toxic CDOS were. People who would not have been approved for mortgages were allowed to borrow 10, 20 and more times their salary...thanks to barney Frank.

misc. past posts mentioning toxic CDOs
http://www.garlic.com/~lynn/submisc.html#toxic.cdo

Barney Frank is mostly mis-direction ... the influence on mortgages was via the GSEs, Frannie, Freddie, etc. which would buy mortgages directly from loan originators (that issued mortgages and had various level of standards) ... influence was to relax standards ... but never to the level that the unregulated, no-depository loan originators were able to do once they found that they could pay rating agencies to give triple-A to mortgages packaged as toxic CDOs.

being able to pay rating agencies for triple-A for toxic CDOs opened up a greater $27T market sold through wall-street to investors that were restricted to dealing in "safe" investments ... like national soveriegn funds and large institutional retirement funds ... this was in a period where the GSEs (that Barney and other members of congress had influence) did possibly $500B or less.

Being able to pay for triple-A on everything ... the unregulated, non-depository loan originators no longer had to care about loan quality and/or borrower's qualifications, the whole triple-A rated toxic CDO business came to be how fast the loan transactions could be turned over.

reference that triple-A toxic CDOs did over $27T during the bubble.
Evil Wall Street Exports Boomed With 'Fools' Born to Buy Debt
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=home&sid=a0jln3.CSS6c

the claim is that wallstreet industry tripled (as percent of GDP) during the economic mess ... the skim, commissions, and fees on the over $27T in new business easily accounts for that tripling.

based on dollars processed by the GSEs and they continued to have some loan requirements ... GSEs accounted for less than 1% of the financial mess. Pointing finger at short-comings of GSEs is primarily obfuscation and misdirection away from institutions responsible for 99% of the problem.

late in the bubble, with majority of the mortgage market switched to triple-A rated toxic CDOs ... GSEs came under pressure to buy these triple-A rated toxic CDOs (in place of buying mortgages directly from loan originators). This has put the goverment somewhat at war with itself. There is large part of the government that is active in not holding the too-big-to-fail (that were responsible for the economic mess) from any accountability ... even avoiding bringing criminal charges ... which is led to press about too-big-to-prosecute and too-big-to-jail. However, there is still pressure for GSE to recover billions in losses they've had on these fraudulent triple-A rated toxic CDOs. So there is periodic cases of GSEs suing responsible too-big-to-fail for fraud (even when other parts of the gov. are everything possible to avoid bringing them to justice).

recent reference from last week

Judge rules mortgage fraud lawsuit against Bank of America can proceed
http://www.charlotteobserver.com/2013/08/28/4270006/judge-rules-mortgage-fraud-lawsuit.html
Government mortgage fraud lawsuit against BofA headed to trial
http://www.reuters.com/article/2013/08/27/us-bankofamerica-fraud-lawsuit-idUSBRE97Q0OV20130827
US demands more than $6 billion from JPMorgan to settle claim
http://www.cnbc.com/id/100991740

there is periodic reference to the too-big-to-fail paying token fines ... but nobody having to admit fraud and nobody going to jail (some of the token fines have been billions ... but when trillions are involved ... they are less than 1%).
http://www.garlic.com/~lynn/submisc.html#too-big-to-fail

some of this is further complicated with the repeal of Glass-Steagall creating the too-big-to-fail ... now you have investment banking arms of (too-big-to-fail) depository institutions (that originated individual mortgages), dealing in triple-A rated toxic CDOs involving mortgages originated by non-depository institutions.
http://www.garlic.com/~lynn/submisc.html#Pecora&/orGlass-Steagall

During the S&L crisis, the administration worked hard to eliminate regulation and oversight ... opening the institutions to looting (analogous to requiring that bank doors and vaults had to be left open, alarms turned off and no guards) with VP the point-person in the administration seeing to the elimination of regulation and oversight ... and turns out members of his family also playing in looting institutions. Roll forward to last decade with elimination of regulation and oversight leading to economic mess ... and member of his family again in the administration. recent thread on the subject:
http://www.garlic.com/~lynn/2013k.html#52 The agency problem and how to create a criminogenic environment
http://www.garlic.com/~lynn/2013k.html#57 The agency problem and how to create a criminogenic environment

other recent posts mentioning S&L crisis
http://www.garlic.com/~lynn/2013.html#0 IBM Is Changing The Terms Of Its Retirement Plan, Which Is Frustrating Some Employees
http://www.garlic.com/~lynn/2013.html#49 Insider Fraud: What to Monitor
http://www.garlic.com/~lynn/2013.html#68 Choice of Mary Jo White to Head SEC Puts Fox In Charge of Hen House
http://www.garlic.com/~lynn/2013b.html#35 Adair Turner: A New Debt-Free Money Advocate
http://www.garlic.com/~lynn/2013b.html#41 Adair Turner: A New Debt-Free Money Advocate
http://www.garlic.com/~lynn/2013b.html#44 Adair Turner: A New Debt-Free Money Advocate
http://www.garlic.com/~lynn/2013b.html#46 Bankers Who Made Millions In Housing Boom Misled Investors: Study
http://www.garlic.com/~lynn/2013b.html#50 How to Cut Megabanks Down to Size
http://www.garlic.com/~lynn/2013b.html#53 Should Bethany McLean Be Bothered by the Government Lawsuit Against S&P?
http://www.garlic.com/~lynn/2013d.html#25 Senator Sherrod Brown Drops a Bombshell in Mary Jo White's Hearing
http://www.garlic.com/~lynn/2013d.html#64 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013d.html#68 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013d.html#70 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013e.html#46 Secrecy for Sale: Inside the Global Offshore Money Maze
http://www.garlic.com/~lynn/2013e.html#86 What Makes a thread about the European debt crisis Bizarre?
http://www.garlic.com/~lynn/2013h.html#48 OT: "Highway Patrol" back on TV
http://www.garlic.com/~lynn/2013h.html#65 OT: "Highway Patrol" back on TV
http://www.garlic.com/~lynn/2013j.html#18 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013j.html#29 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013j.html#30 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013j.html#61 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013j.html#73 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013j.html#80 Why DOJ Deemed Bank Execs Too Big To Jail
http://www.garlic.com/~lynn/2013k.html#26 The agency problem and how to create a criminogenic environment
http://www.garlic.com/~lynn/2013k.html#29 The agency problem and how to create a criminogenic environment
http://www.garlic.com/~lynn/2013k.html#32 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#35 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#41 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#43 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#54 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013k.html#59 John Boyd's Art of War

--
virtualization experience starting Jan1968, online at home since Mar1970

What Makes a Tax System Bizarre?

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: What Makes a Tax System Bizarre?
Newsgroups: alt.folklore.computers
Date: Mon, 02 Sep 2013 11:41:05 -0400
Anne & Lynn Wheeler <lynn@garlic.com> writes:
During the S&L crisis, the administration worked hard to eliminate regulation and oversight ... opening the institutions to looting (analogous to requiring that bank doors and vaults had to be left open, alarms turned off and no guards) with VP the point-person in the administration seeing to the elimination of regulation and oversight ... and turns out members of his family also playing in looting institutions. Roll forward to last decade with elimination of regulation and oversight leading to economic mess ... and member of his family again in the administration. recent thread on the subject:
http://www.garlic.com/~lynn/2013k.html#52 The agency problem and how to create a criminogenic environment
http://www.garlic.com/~lynn/2013k.html#57 The agency problem and how to create a criminogenic environment


re:
http://www.garlic.com/~lynn/2013k.html#86 What Makes a Tax System Bizarre?

during the period where oversight was being eliminated opening them for looting and the S&L crisis ... there is also the Team B activity
http://www.garlic.com/~lynn/2013k.html#84 spacewar
other past preferences
http://www.garlic.com/~lynn/submisc.html#team.b
and
https://en.wikipedia.org/wiki/Team_B
https://en.wikipedia.org/wiki/United_States_support_for_Iraq_during_the_Iran%E2%80%93Iraq_war
http://www.foreignpolicy.com/articles/2013/08/25/secret_cia_files_prove_america_helped_saddam_as_he_gassed_iran
https://en.wikipedia.org/wiki/Iran%E2%80%93Iraq_War
https://en.wikipedia.org/wiki/Iran%E2%80%93Contra_affair
https://en.wikipedia.org/wiki/Gulf_War

and then this past decade, we have more Team B
https://en.wikipedia.org/wiki/Iraq_War
and MICC
http://www.garlic.com/~lynn/submisc.html#military.industrial.complex
http://www.garlic.com/~lynn/submisc.html#perpetual.war

and more elimination of regulation and oversight resulting in an even greater economic mess (than the S&L crisis) ... including not enforcing remaining regulation ...
http://www.garlic.com/~lynn/submisc.html#enron
http://www.garlic.com/~lynn/submisc.html#libor
http://www.garlic.com/~lynn/submisc.html#madoff
http://www.garlic.com/~lynn/submisc.html#sarbanes-oxley

along with destroying the federal budget. 2010 analysis that there was $6T cut in tax revenue and $6T increasing in spending (compared to baseline which had all federal debt paid off in 2010) for $12T budget gap ... most of it after letting the fiscal responsibility act expire (required spending match tax revenues) in 2002. misc. past posts
http://www.garlic.com/~lynn/submisc.html#fiscal.responsibility.act

which led to comptroller general including in speeches references to not capable of middle school arithmatic
http://www.garlic.com/~lynn/submisc.html#comptroller.general

--
virtualization experience starting Jan1968, online at home since Mar1970

NSA and crytanalysis

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From: lynn@garlic.com
Subject: NSA and crytanalysis
Date: 2 Sep 2013
Blog: Cryptography Mailing List
recent post with email discussing PGP-like implementation ... a decade before PGP in financial crypto blog
http://www.garlic.com/~lynn/2013i.html#69
and then a little later realizing there were 3-kinds of crypto (when I was told I could make as many boxes as I wanted ... but could only sell to a certain gov. agency).

In the late 90s, I worked on crypto chip for financial applications ... I would facetiously talk about taking a $500 mil-spec chip and cost reduce by 2-3 orders of magnitude while making it more secure (final objective was well under a dollar). Part of the objective was also to eliminate all the vulnerabilities that payment chips being done primarily in Europe were prone to. Long winded thread in financial crypto blog
http://www.garlic.com/~lynn/subintegrity.html#yescard
and
http://www.garlic.com/~lynn/subintegrity.html#payments

About that time, I was also approached by the transit industry to make the payment chip meet transit turnstyle requirements (while not reducing any security) ... this was a contactless chip being able to do crypto operation in 1/10th sec elapsed time and power profile of contactless transit turnstyle operation.

RSA chips at the time were really large implementing 1024-bit arithmatic requiring enormous power and contact operation to get time in a few seconds. It turns out I could have a AADS chip strawman with ECC that was higher integrity *AND* could meet the transit industry turnstyle contactless power & elapsed time profile. some past references to AADS chip strawman
http://www.garlic.com/~lynn/x959.html#aadsstraw

I was also asked to give presentation at Intel trusted computing ... gone 404 but lives on at wayback machine
http://web.archive.org/web/20011109072807/http://www.intel94.com/idf/spr2001/sessiondescription.asp?id=stp+s13

one of the problems in the early part of the century was that I wanted to go for higher than EAL4+ evaluation ... but NIST(somebody) pullled the ECC evaluation criteria ... and since ECC was part of the chip silicon ... w/o the ECC evaluation criteria ... I had to settle for EAL4+.

Possibly part of the issue with AADS chip strawman was I approached it as purely a cost issue ... and the objective was to eliminate all possible costs from the whole infrastructure ... the side effect of course, it also eliminated all related profit.

other recent posts mentioning intel trusted computing tract
http://www.garlic.com/~lynn/2013k.html#77 Insane Insider Threat Program in Context of Morally and Mentally Bankrupt US Intelligence System
http://www.garlic.com/~lynn/2013k.html#66 German infosec agency warns about Trusted Computing in Windows 8

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

Refed: **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Mon, 02 Sep 2013 17:00:59 -0400
Peter Flass <Peter_Flass@Yahoo.com> writes:
3277s? If they were offline when the system came up, you had to get the operator to vary them online, and the operators got annoyed.

I don't remember having problems with 3272/3277 ... but there were all sorts of problems with 3274 controllers where they first came out ... requiring resetting the 3274 (power cycle). we then found out that if you hit every subchannel address on 3274 controller as fast as possible with HDV/CLRIO instruction sequence ... it would force the 3274 to do its own reset (eliminating having to go over and physically do reset on the controller).

misc past posts mentioning HDV/CLRIO sequence:
http://www.garlic.com/~lynn/97.html#20 Why Mainframes?
http://www.garlic.com/~lynn/2000c.html#33 What level of computer is needed for a computer to Love?
http://www.garlic.com/~lynn/2000c.html#67 Does the word "mainframe" still have a meaning?
http://www.garlic.com/~lynn/2000c.html#72 Does the word "mainframe" still have a meaning?
http://www.garlic.com/~lynn/2001l.html#32 mainframe question
http://www.garlic.com/~lynn/2005h.html#40 Software for IBM 360/30
http://www.garlic.com/~lynn/2011o.html#20 3270 archaeology
http://www.garlic.com/~lynn/2011o.html#23 3270 archaeology

as other mention ... the 3274/3278 was significantly slower than 3272/3277 ... past posts with old performance comparisons between 3274 & 3272
http://www.garlic.com/~lynn/2001m.html#19 3270 protocol

--
virtualization experience starting Jan1968, online at home since Mar1970

spacewar

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spacewar
Newsgroups: alt.folklore.computers
Date: Mon, 02 Sep 2013 21:13:31 -0400
Peter Flass <Peter_Flass@Yahoo.com> writes:
I recall walking into a room with a lot of 3277s one weekend when the lights were out. Everyone had turned down the intensity, but all the green "power" lights were glowing. Many displays had "do not turn offd" signs plastered on them. I expect a lot of shops got around this, possibly by running a task that did a "V xxx,ONLINE" for all terminals that were installed.

Maybe VM worked differently than OS/360 and MVS.


re:
http://www.garlic.com/~lynn/2013k.html#89 spacewar

when I first transferred to san jose ... they let me wander around various places including disk engineering and product test labs in bldg. 14&15. At the time they had a variety of 370s that were scheduled 7x24 for stand-alone "testcell" testings (engineering devices were inside a steel mesh cage that could be kept locked).

they had tried to run MVS in that environment ... hoping to get multiple testcell testing in operating system environment ... but found that MVS with just a single testcell had 15min mean-time-between-failure (requiring manual reboot). I offerred to rewrite i/o supervisor to make it bullet-proof and never fail.

the resulting system allowed any number of on-demand concurrent testing ... significantly improving engineering development productivity. some past posts
http://www.garlic.com/~lynn/subtopic.html#disk

In any internal write-up of the effort, I unfortunately included the reference to MVS 15min MTBF ... and I believe the MVS group would have gotten me fired if they could figure out how ... but they did try to otherwise obstruct my career (even tho the document was only availble for internal distribution). Part of the problem was likely the culture change after the future system failure ... some past posts
http://www.garlic.com/~lynn/subtopic.html#futuresys

future system failure reference from "Computer Wars: The Post-IBM World" Ferguson & Morris:
... and perhaps most damaging, the old culture under Watson Snr and Jr of free and vigorous debate was replaced with sycophancy and make no waves under Opel and Akers. It's claimed that thereafter, IBM lived in the shadow of defeat

... and:
But because of the heavy investment of face by the top management, F/S took years to kill, although its wrongheadedness was obvious from the very outset. "For the first time, during F/S, outspoken criticism became politically dangerous," recalls a former top executive.

... snip ...

and current with the change was executives managing their career ... including managing the information flow up the executive chain (where an internal documentation about MVS 15min MTBF probably was inconsistent with what they were likely reporting up the executive chain)

another side-effect of doing the I/O supervisor rewrite ... was the disk engineers would frequently start out blaming my software for problems ... and I would get sucked into diagnosing problems with development hardware. Eventually they were asking me to sit in on conference calls with POK channel engineers on design issues.

some years later ... when 3380s were about to ship ... MVS was still failing in standard FE hardware regression tests ... with no indication of what caused the failure. old email reference of FE regression bucket of 57 expected hardware errors:
http://www.garlic.com/~lynn/2007.html#email801015
in this post
http://www.garlic.com/~lynn/2007.html#2 The Elements of Programming Style

all errors resulted in failure of MVS and in 2/3rds of the failures there was no indication of what caused the failure.

--
virtualization experience starting Jan1968, online at home since Mar1970



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