List of Archived Posts

2017 Newsgroup Postings (09/09 - )

EasyLink email ad
Any definitive reference for why the PDP-11 was little-endian?
Mission Command: The Who, What, Where, When and Why An Anthology
EasyLink email ad
EasyLink email ad
Mission Command: The Who, What, Where, When and Why An Anthology
A Theory of Reality as More Than the Sum of Its Parts
The Real Reason Wages Have Stagnated: Our Economy Is Optimized For Financialization
The Real Reason Wages Have Stagnated: Our Economy Is Optimized For Financialization
The General Who Lost 2 Wars, Leaked Classified Information to His Lover--and Retired With a $220,000 Pension
The General Who Lost 2 Wars, Leaked Classified Information to His Lover--and Retired With a $220,000 Pension
The General Who Lost 2 Wars, Leaked Classified Information to His Lover--and Retired With a $220,000 Pension
EasyLink email ad
Merchants of Doubt
How to spot a dodgy company - never trust a high achiever
EasyLink email ad
Would encryption have prevented known major breaches?
Destructive Stock Buybacks-That You Pay For
progress in e-mail, such as AOL
How to spot a dodgy company - never trust a high achiever
Positioning the read pointer of a Windows file
The FTC says it's investigating the Equifax hack
Dotcom Bubble
progress in e-mail, such as AOL
Systemic Risk

EasyLink email ad

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: EasyLink email ad
Newsgroups: alt.folklore.computers
Date: Sat, 09 Sep 2017 12:03:00 -0700

re:
http://www.garlic.com/~lynn/2017h.html#114 EasyLink email ad
http://www.garlic.com/~lynn/2017h.html#120 EasyLink email ad

paid to leave (IBM), last day 31july1992; 25years, month & a week; truth
is stranger than fiction, next day, got letter at home saying I had been
promoted ... after decades of being told I had no career, no promotions,
no future in IBM.

following HOMEUNIX FORUM ... was one of the internal discussion groups
on the internal network
http://www.garlic.com/~lynn/subnetwork.html#internalnet

----- HOMEUNIX FORUM appended at 20:46:32 on 92/07/26 GMT (by WHEELER at ALMADEN)

selection from 7/26/92 san jose sunday paper.  486/386/286 base system
include 1:1 ide hd/fd controller, 101 k/b, teac 1.2mb or 1.44mb fd.
enhanced case & p/s.  2s/1p/1g.  motherboard w/cpu and basic
memory (512k on 286, one meg on rest) installed.  one year labor and
parts warrenty.

they still are pricing 486sx/20 for more than 386/33mhz ... but only
by 10 bucks (although the "super sale" shows 90). I keep predicting
that it should drop below.

                 6/23/91  12/22/91   2/16/92  6/7/92 7/26/92
486/50mhz(eisa)                                $1418  $1238
486/33mhz(eisa)   $2398     $1455     $1328    $1018   $917
486/33mhz         $1448      $785      $738    $630    $597
486/25mhz         $1178      $735      $688    $590    $558
486sx/20mhz                  $585      $568    $448    $357
386/40mhz          $898      $545      $508    $380    $353
386/33mhz          $698      $535      $488    $376    $347
286-20             $388      $292      $292    $232    $230

 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

super sale

• basic system
• 4mb ram 70ns
• 1.2mb & 1.44mb floppy
• 130mb 15ms hard drive
• 1024x768 .28 dp 14" color monitor
• 512k svga card
• deluxe medium tower chassis with power supply

486-50/64k eisa                 $1988
486dx2-50/64k cache             $1508
486sx-20/64k cache              $1138
386-40/64k cache                $1058
386-33/64k cache                $1048
386dx-25                        $1038

options:

• add $20 for 1mb svga card
• add $50 for non-interlaced monitor
• add $170 for 200mb hard drive
• add $45 for 256k cache

 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

this will be my last posting here.  these started about two years ago
after a disagreement with some people in boca regarding how fast
prices would be coming down.  i asserted that they were relatively
easy to plot just from the sjmn weekly advertised prices.

in a related incident, a little less than two years ago ibm contracted
with a consulting house out here to do an in depth "what will
computers look like over the next five years".  It went into software,
hardware, technology, market segments, application directions, etc. It
also included about 12hr video taped round-tables involving 12
technology "experts" from the silicon valley.  I was contacted to be
one of the twelve ...  which I cleared with my manager before
accepting.  It was interesting ...  but the consulting house hedged
their bets somewhat.  They were somewhat worried that a conservative
operation like IBM would believe our predictions for 1995; so they
somewhat stretched out the cycle for various things ...  so that our
predictions for 1993 started showing up in 1995 instead.

in any case ... its been fun.

ito 31jul92,  -lhw

... snip ...

recent posts mentioning Dataquest (since bought by Gartner) asking
to participate in survey commissioned by IBM Boca:
http://www.garlic.com/~lynn/2017d.html#26 ARM Cortex A53 64 bit
http://www.garlic.com/~lynn/2017d.html#33 ARM Cortex A53 64 bit
http://www.garlic.com/~lynn/2017f.html#110 IBM downfall
http://www.garlic.com/~lynn/2017h.html#113 IBM PS2

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

Any definitive reference for why the PDP-11 was little-endian?

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: Any definitive reference for why the PDP-11 was little-endian?
Newsgroups: alt.folklore.computers
Date: Sat, 09 Sep 2017 14:41:25 -0700

Anne & Lynn Wheeler <lynn@garlic.com> writes:

triva: late summer, early fall 2008, the author of the "Lost Lesson"
article was at a company that bought up $60B (billion) in off-book toxic
assets at 22cents on the dollar. However, ye2008, just the four largest
too big to fail were still holding $5.2T (trillion) in off-book toxic
assets. They should have been required to bring them back on the books
and "mark to market" ... but then they would have to book $4+T
(trillion) in losses, declared insolvent and forced to be
liquidated. TARP funds original justified to buy these toxic assets, but
with only $700B (billion) appropriated, it wouldn't have bought all that
$5.2T (trillion) even at 22cents on the dollar (but again, still would
have been declared insolvent and liquidated).

re:
http://www.garlic.com/~lynn/2017h.html#76 Any definitive reference for why the PDP-11 was little-endian?
http://www.garlic.com/~lynn/2017h.html#77 Any definitive reference for why the PDP-11 was little-endian?
http://www.garlic.com/~lynn/2017h.html#87 Any definitive reference for why the PDP-11 was little-endian?
http://www.garlic.com/~lynn/2017h.html#88 Any definitive reference for why the PDP-11 was little-endian?

TARP was used for other stuff and the Federal Reserve did the "real"
bailout ... FED fought hard legal battle to prevent divulting what it
was doing ... buying a couple trillion in offbook toxic assets at
98cents on the dollar and providing tens of trillions in ZIRP funds.

"economic mess" posts
http://www.garlic.com/~lynn/submisc.html#economic.mess
regulatory capture posts
http://www.garlic.com/~lynn/submisc.html#regulatory.capture
Too Big To Fail posts
http://www.garlic.com/~lynn/submisc.html#too-big-to-fail
triple-A rated toxic CDO posts
http://www.garlic.com/~lynn/submisc.html#toxic.cdo

corporations then are borrowing cheap ZIRP funds for stock buybacks
... helping provide their top executives big bonuses ... propping up
stock prices.
http://www.garlic.com/~lynn/submisc.html#stock.buyback

however, central banks (not just FED) then continued to buy (not just
off-book toxic assets) ... further propping up stock market (and top
executives bonuses)

Central Banks Have Purchased $2 Trillion In Assets In 2017
http://www.zerohedge.com/news/2017-09-08/central-banks-have-purchased-2-trillion-assets-2017

Why? The best, and simplest, explanation for low yields & high stocks is
simple: so far in 2017 there has been $1.96 trillion of central bank
purchases of financial assets in 2017 alone, as central bank balance
sheets have grown by $11.26 trillion since Lehman to $15.6
trillion. Hartnett concedes that the second best explanation is bonds
pricing in low CPI (increasingly a new structurally low level of
inflation due to tech disruption of labor force) while equities price in
high EPS (with little on horizon to meaningfully reverse trend),
although there is no reason why the second can't flow from the first.

... snip ...

contributing flat employee compensation since late 70s/early 80s ...
inequality posts
http://www.garlic.com/~lynn/submisc.html#inequality

also capitalist economy become a financialization engine

The Real Reason Wages Have Stagnated: Our Economy Is Optimized For
Financialization
http://www.zerohedge.com/news/2017-09-08/real-reason-wages-have-stagnated-our-economy-optimized-financialization

Somewhat similar to years of not funding and/or diverting infrastructure
funding (leaving it a problem for future generations, kicking can down
the road) ... and from the laws of unintended consequences ... Volcker
talking to civil engineering professor about money has been diverted
from infrastructure spending for so long ... there aren't civil
engineering jobs, lack of jobs, students stop taking classes, w/o
students, univ. start shutting down programs and dropping professors
... Confidence Men: Wall Street, Washington, and the Education of a
President
http://www.amazon.com/Confidence-Men-Washington-Education-ebook/dp/B0089LOKKS

pg290:

Well, I said, 'The trouble with the United States recently is we spent
several decades not producing many civil engineers and producing a huge
number of financial engineers. And the result is s**tty bridges and a
s**tty financial system!'

... snip ...

A few years ago with the stimulus funding ... projects were having to
hire Chinese companies to get civil engineers.

recent posts
http://www.garlic.com/~lynn/2017b.html#2 Trump is taking the wrong approach to China on tech, says ex-Reagan official who helped beat Soviets
http://www.garlic.com/~lynn/2017f.html#72 [CM] What was your first home computer?
http://www.garlic.com/~lynn/2017f.html#79 [CM] What was your first home computer?
http://www.garlic.com/~lynn/2017g.html#47 The rise and fall of IBM
http://www.garlic.com/~lynn/2017h.html#2 Trump is taking the wrong approach to China on tech, says ex-Reagan official who helped beat Soviets
http://www.garlic.com/~lynn/2017h.html#101 The Payoff: Why Wall Street Always Wins
http://www.garlic.com/~lynn/2017h.html#108 Iraq, Longest War

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

Mission Command: The Who, What, Where, When and Why An Anthology

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Mission Command: The Who, What, Where, When and Why An Anthology
Date: 09 Sept 2017
Blog: Facebook

Mission Command: The Who, What, Where, When and Why An Anthology
https://www.amazon.com/Mission-Command-What-Where-Anthology-ebook/dp/B07572ZQL4/

also recent reference
http://www.garlic.com/~lynn/2017h.html#105 Iraq, Longest War

loc1300-1301:

I propose that Mission Command be replaced with a simplified concept
called Winning Teams based on just two principles – trust and
understanding

... snip ...

How Toyota Turns Workers Into Problem Solvers
http://hbswk.hbs.edu/item/how-toyota-turns-workers-into-problem-solvers

To paraphrase one of our contacts, he said, "It's not that we don't
want to tell you what TPS is, it's that we can't. We don't have
adequate words for it. But, we can show you what TPS is."

We've observed that Toyota, its best suppliers, and other companies
that have learned well from Toyota can confidently distribute a
tremendous amount of responsibility to the people who actually do the
work, from the most senior, experienced member of the organization to
the most junior. This is accomplished because of the tremendous
emphasis on teaching everyone how to be a skillful problem solver.

... snip ...

Boyd would include in briefings that former military officers (steeped
in rigid, top-down, command&control, effectively only those at the
very top know what they are doing) were starting to contaminate US
corporate culture. However, about the same time articles started
appearing that MBAs were starting to destroy US corporations. The
first briefing I sponsored just had Patterns of Conflict ... but
then he started including evolving Organic Design For Command and
Control ("leadership and appreciation").

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

In the early 80s, there was article (Wash. Post?) calling for 100%
unearned profit on the US auto industry. The scenario was supposedly
the foreign auto import quota was to (reduce competition and) give the
domestic makers enormous profits that they would use to completely
remake themselves. However, they just pocketed the money and continued
business as usual. In 1990, the US auto industry had the C4 task force
to work on completely remaking themselves and because they were
planning on heavily leveraging technology, they invited
representatives from technology companies to send representatives. In
the meetings they could describe what the foreign competition was
doing better and what US needed to do to respond. However, as recent
bailouts have indicated they still continued business as usual.

C4 taksforce posts
http://www.garlic.com/~lynn/submisc.html#auto.c4.taskforce

more "mission command", loc1428-33:

Auftragstaktik relies on leaders to provide direction then delegate
and empower subordinates. It encourages individual initiative, skill,
and creativity. 12 ‘Task tactics' or ‘mission tactics', may be a
closer but is still an insufficient translation. The best translation
seems to be ‘mission-oriental command system' (Führen mit Auftrag). 13
In turn Auftragstaktik became an ‘essential factor' in the tactical
superiority of the German Army.

and similar to TPS (everybody a "problem solver"), loc1467:

Rather, it was an art to be learned by doing.

loc1709-10:

Conversely, a Mission Command philosophy requires the cultivation of
adaptive and flexible leaders, the development of which is undermined
by the demand for adherence to check-the-block procedural
methodologies and processes.

loc1484:

Written orders if any were kept to a minimum and most command function
worked on verbal or radio orders.

... snip ...

In briefings, Boyd would highlight Guderian's Verbal Orders Only
encouraging person on the spot to make their own decisions. Boyd would
further discuss some organizations having after action reviews that
attempt to assign blame; lack of written orders (also) inhibited such
activities.

recent post also mentioning Verbal Orders Only
http://www.garlic.com/~lynn/2017f.html#14 Fast OODA-Loops increase Maneuverability

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

EasyLink email ad

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: EasyLink email ad
Newsgroups: alt.folklore.computers
Date: Sat, 09 Sep 2017 15:53:33 -0700

sidd@situ.com (sidd) writes:

i was sidd@ohstpy on BITNET ...

re:
http://www.garlic.com/~lynn/2017h.html#114 EasyLink email ad
http://www.garlic.com/~lynn/2017h.html#120 EasyLink email ad

our bitnet email went through csnet gateway, our 1982 gateway

CSNET: Wheeler@IBM-SJ ARPANET: Wheeler.IBM-SJ@UDel-Relay

in 1987, arpanet/internet gateway then switched to go through RAND-Relay

CSNET: Wheeler@IBM-SJ ARPANET: Wheeler.IBM-SJ@RAND-Relay

a few of us early on got internal email address added to our ibm
business cards. then about the time we got external email also added to
our business cards, corporate decreed that internal contact information
shouldn't be on business cards met for customers (even tho lots of
internal employees used them for internal contact information). We
believed that corporate target was really email addresses on business
cards (not internal contact information). We pointed out that if
corporate ruling was to be enforced, then all internal phone contact
information would have to be removed in additional to internal email
address ... but we would be permitted to add our external email
addresses (that could be used by customers).

internal network posts
http://www.garlic.com/~lynn/subnetwork.html#internalnet
bitnet posts
http://www.garlic.com/~lynn/subnetwork.html#bitnet

some old posts
http://www.garlic.com/~lynn/2008s.html#39 The Internet's 100 Oldest Dot-Com Domains
http://www.garlic.com/~lynn/2009m.html#55 Tell me something about how you use signature files!
http://www.garlic.com/~lynn/2010m.html#49 Announcement from IBMers: 10000 and counting
http://www.garlic.com/~lynn/2011j.html#20 disclosing "business" information on the internet
http://www.garlic.com/~lynn/2012e.html#77 Just for a laugh... How to spot an old IBMer
http://www.garlic.com/~lynn/2014g.html#98 After the Sun (Microsystems) Sets, the Real Stories Come Out

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

EasyLink email ad

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: EasyLink email ad
Newsgroups: alt.folklore.computers
Date: Sat, 09 Sep 2017 20:32:02 -0700

Dave Garland <dave.garland@wizinfo.com> writes:

$5/minute would have been a little steep even for most Dialog
databases (Dialog was an online commercial database service owned by
Lockheed, e.g. run searches on multiple journals in the field of
chemistry). Though the search capabilities were documented offline (in
binders) and you could zip on, do a search and download the results,
and log off pretty quickly (minutes). There too the charges may have
been more if you were somewhere that didn't have a local access
node. Anyhow, I got to charge most of those costs to clients.

re:
http://www.garlic.com/~lynn/2017h.html#114 EasyLink email ad
http://www.garlic.com/~lynn/2017h.html#120 EasyLink email ad
http://www.garlic.com/~lynn/2017i.html#0 EasyLink email ad
http://www.garlic.com/~lynn/2017i.html#3 EasyLink email ad

TYMSHARE
https://en.wikipedia.org/wiki/Tymshare
had TYMNET ...
https://en.wikipedia.org/wiki/Tymnet

with POPs around the country/world.

DIALOG
https://en.wikipedia.org/wiki/ProQuest_Dialog

I got to wander around lots of silicon valley ... both IBM locations
as well as customers ... including TYMSHARE and DIALOG.

I've reference this in the past, old history of early online ... but
since DIALOG latest acquisition, URL no longer exists ... but still live
at the wayback machine
https://web.archive.org/web/20050123104257/http://www.dialog.com/about/history/pioneers1.pdf
https://web.archive.org/web/20050115000851/http://www.dialog.com/about/history/pioneers2.pdf

some old email mentioning dialog
http://www.garlic.com/~lynn/2006b.html#email810318
http://www.garlic.com/~lynn/2017.html#email810422

... TYMSHARE started offerring its VM370/CMS-based online computer
conferencing to SHARE for free as VMSHARE starting in Aug1976 ...
vmshare archives
http://vm.marist.edu/~vmshare
old vmshare email
http://www.garlic.com/~lynn/lhwemail.html#vmshare

would also run into some number of the people at the monthly BAYBUNCH
meetings hosted at SLAC.

we did some work with NIH/NLM in the first part of 90s (after leaving
IBM). Turns out when I was undergraduate, univ. library got ONR to do
online library catalog, some of the money for 2321 datacell. Also
selected to be betatest for original CICS product ... and I got tapped
to support/debug. past posts mentioning CICS &/or BDAM
http://www.garlic.com/~lynn/submain.html#bdam

About the same time, some of the same guys that were still at NLM in the
90s ... were doing their own online catalog.
https://en.wikipedia.org/wiki/United_States_National_Library_of_Medicine
some more
https://en.wikipedia.org/wiki/MedlinePlus

it was mainframe BDAM based ... but they had written their own
transaction monitor (didn't use CICS). By the early 80s, article lookup
results were strongly bimodel ... tending to return tens to hundred of
thousand of results. Out at 5-8 search terms, it could switch from
hundred of thousands of results to zero ... the holy grail was finding search
terms that returned more than zero and less than 100 results.

In the early 80s, "grateful med" was developed for mac ... search
interface that just asked for count of results not the actual results,
speeding up the holy grail search.

past posts mentioning NIH/NLM:
http://www.garlic.com/~lynn/94.html#26 Misc. more on bidirectional links
http://www.garlic.com/~lynn/2001i.html#27 History of Microsoft Word (and wordprocessing in general)
http://www.garlic.com/~lynn/2001j.html#1 Off-topic everywhere [was: Re: thee and thou
http://www.garlic.com/~lynn/2002o.html#45 XML, AI, Cyc, psych, and literature
http://www.garlic.com/~lynn/2002o.html#50 XML, AI, Cyc, psych, and literature
http://www.garlic.com/~lynn/2004e.html#53 c.d.theory glossary (repost)
http://www.garlic.com/~lynn/2004f.html#7 The Network Data Model, foundation for Relational Model
http://www.garlic.com/~lynn/2004l.html#52 Specifying all biz rules in relational data
http://www.garlic.com/~lynn/2004o.html#67 Relational vs network vs hierarchic databases
http://www.garlic.com/~lynn/2004p.html#0 Relational vs network vs hierarchic databases
http://www.garlic.com/~lynn/2005d.html#57 Thou shalt have no other gods before the ANSI C standard
http://www.garlic.com/~lynn/2005j.html#45 Where should the type information be?
http://www.garlic.com/~lynn/2005j.html#47 Where should the type information be?
http://www.garlic.com/~lynn/2008m.html#74 Speculation ONLY
http://www.garlic.com/~lynn/2010o.html#10 Boyd & Beyond 2010, review at Zenpundit
http://www.garlic.com/~lynn/2010o.html#39 Compressing the OODA-Loop - Removing the D (and maybe even an O)
http://www.garlic.com/~lynn/2013g.html#87 Old data storage or data base
http://www.garlic.com/~lynn/2014c.html#77 Bloat
http://www.garlic.com/~lynn/2014d.html#55 Difference between MVS and z / OS systems
http://www.garlic.com/~lynn/2016d.html#36 The Network Nation, Revised Edition
http://www.garlic.com/~lynn/2017f.html#14 Fast OODA-Loops increase Maneuverability
http://www.garlic.com/~lynn/2017f.html#34 The head of the Census Bureau just quit, and the consequences are huge
http://www.garlic.com/~lynn/2017g.html#57 Stopping the Internet of noise
http://www.garlic.com/~lynn/2017h.html#94 What is SQL? The language of databases

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

Mission Command: The Who, What, Where, When and Why An Anthology

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Mission Command: The Who, What, Where, When and Why An Anthology
Date: 10 Sept 2017
Blog: Facebook

re:
http://www.garlic.com/~lynn/2017i.html#2 Mission Command: The Who, What, Where, When and Why An Anthology

loc602-4:

An example of this was a polemic in the Norwegian Military Journal
where Jansen and Offerdal based on the investigation report after the
Vassdal accident argued that the primary problem was not the inability
of the organization to predict avalanches, but the inability to adjust
when an unexpected situation arose; a line of reasoning similar to the
rationale for Mission Command.

... snip ...

In 1990 book introduction, one of the "fathers of AI", Bogh Andersen
says that AI was done all wrong because it failed to take into account
"context". I periodically equated that to the "OO" part of Boyd's
OODA-loop, real time observation placed in context (orientation).
Possible excuse was that the computers were not yet large enough and
powerful enough to perform "context" processing ... just following set
of rules.

old ref
http://www.garlic.com/~lynn/2001j.html#35 Military Interest in Supercomputer AI

loc1087-88:

Yet the ultimate command culture—because it empowers the individual
through trust to best solve problems after extensive professional
development—did not come into official being until the publication of
the German 1888 Drill Regulations.

loc1428-33:

Auftragstaktik relies on leaders to provide direction then delegate
and empower subordinates. It encourages individual initiative, skill,
and creativity. 12 ‘Task tactics' or ‘mission tactics', may be a
closer but is still an insufficient translation. The best translation
seems to be ‘mission-oriental command system' (Führen mit Auftrag). 13
In turn Auftragstaktik became an ‘essential factor' in the tactical
superiority of the German Army.

and similar to TPS (everybody a "problem solver"), loc1467:

Rather, it was an art to be learned by doing.

loc1709-10:

Conversely, a Mission Command philosophy requires the cultivation of
adaptive and flexible leaders, the development of which is undermined
by the demand for adherence to check-the-block procedural
methodologies and processes.

loc1484:

Written orders if any were kept to a minimum and most command function
worked on verbal or radio orders.

... snip ...

In briefings, Boyd would highlight Guderian's Verbal Orders Only
encouraging person on the spot to make their own decisions. Boyd would
further discuss some organizations having after action reviews that
attempt to assign blame; lack of written orders (also) inhibited such
activities.

posts & URLs references Boyd
http://www.garlic.com/~lynn/subboyd.html

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

A Theory of Reality as More Than the Sum of Its Parts

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: A Theory of Reality as More Than the Sum of Its Parts
Date: 10 Sept 2017
Blog: Facebook

A Theory of Reality as More Than the Sum of Its Parts
https://www.quantamagazine.org/a-theory-of-reality-as-more-than-the-sum-of-its-parts-20170601/

"Challenging the reductionists: explaining agency and differentiating
conscious beings from the particles that make them up"

misc other references
The Reduction of Seduction | The Scientist Magazine
http://www.the-scientist.com/?articles.view/articleNo/24297/title/The-Reduction-of-Seduction/
What's the Next Big Thing in Artificial Intelligence?
http://www.huffingtonpost.com/babak-hodjat/whats-the-next-big-thing-_b_7837192.html
This Idea Must Die: Some of the World's Greatest Thinkers Each Select
a Major Misconception Holding Us Back
https://www.brainpickings.org/2015/02/23/this-idea-must-die-john-brockman-edge-question/
New Math Untangles the Mysterious Nature of Causality
https://www.wired.com/story/new-math-untangles-the-mysterious-nature-of-causality-consciousness/

In 1990 book introduction, one of the "fathers of AI", Bogh Andersen
says that AI was done all wrong because it failed to take into account
"context". I periodically equated that to the "OO" part of Boyd's
OODA-loop, real time observation placed in context (orientation).
Possible excuse was that the computers were not yet large enough and
powerful enough to perform "context" processing ... just following set
of rules.

also, Boyd would advise constantly observing from every possible
facet as countermeasure to orientation bias.

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

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

The Real Reason Wages Have Stagnated: Our Economy Is Optimized For Financialization

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: The Real Reason Wages Have Stagnated: Our Economy Is Optimized For Financialization
Date: 10 Sept 2017
Blog: Facebook

re:
http://www.garlic.com/~lynn/2017h.html#116 The Real Reason Wages Have Stagnated: Our Economy Is Optimized For Financialization
http://www.garlic.com/~lynn/2017i.html#1 Any definitive reference for why the PDP-11 was little-endian?

I believe "rational" was that people would behave in their own best
interests ... part of what Kahneman showed was that they would do
things not in their own best interest ... based on emotion, short term
gain at the expense of their own long term well being, etc.

Free Market story was that large numbers of people doing things in
their own best interest (rational) would work out for everybody. In
fact part of what Kahneman showed that people not acting "rationally"
could result in disaster in free market ... aka the recent economic
mess.

trivia: 1999 I was asked to help try and prevent the coming economic
mess. Securitized mortgages had been used in the S&L crises to
obfuscate fraudulent mortgages, posterchild were office bldgs in
Dallas area that turned out to be empty lots. Some investment bankers
had walked away "clean" from the S&L crises, were then in Internet IPO
mills ... put in few tens of millions, hype (pump & dump), IPO, then
let fail so field is clean for next round, and were predicted next to
get into mortgages. I was suppose to improve the integrity of mortgage
supporting documents as countermeasure. They then find that they can
pay rating agencies for triple-A (even when they knew they weren't
worth triple-A, from Oct2008 congressional testimony). Triple-A trumps
supporting documents and they can start doing no-documentation, liar
loans. Triple-A eliminates any reason to care about borrowers'
qualifications or loan quality, they can securitize, pay for triple-A,
and sell off as fast as they can be made ... including to entities
restricted to only dealing in "safe" investments (like large
institutional pension funds) ... largely enabling over $27T (trillion)
done 2001-2008.

from the law of unintended consequences, the largest "fines" for the
economic mess so far is for the robo-signing mills fabricating the
missing documents.

Former CIA director and then VP repeatedly claimed that he knew nothing about
http://en.wikipedia.org/wiki/Iran%E2%80%93Contra_affair
because he was fulltime administration point person deregulating
financial industry ... creating S&L crisis
http://en.wikipedia.org/wiki/Savings_and_loan_crisis
along with other members of his family
http://en.wikipedia.org/wiki/Savings_and_loan_crisis#Silverado_Savings_and_Loan
and another
http://query.nytimes.com/gst/fullpage.html?res=9D0CE0D81E3BF937A25753C1A966958260

another family member presides over the economic mess 70 times larger
than the S&L crises. S&L crisis had 1000 criminal convictions with
jailtime, proportionally the economic mess should have 70,000.

I was told that towards the end of S&L crises, somebody did detailed
financial analysis of Citibank's variable rate mortgage portfolio,
showing that small changes in rate would take down the bank. Citibank
then sold off the portfolio, got out of the market (at the time they
were the largest player), and required a private bailout (from Saudis)
to stay in business.

old post (from 1999)
http://www.garlic.com/~lynn/aepay3.html#riskm
S&L crises post
http://www.garlic.com/~lynn/submisc.html#S&L.crisis

Roll forward to the economic mess and Citibank is one of the largest
player in securitized mortgages (can be considered form of variable
rate mortgage portfolio), their institutional knowledge all seems to
evaporated. However, the person that had done the original Citibank
analysis, was publishing some number of articles in 2005-2006
timeframe about how Black-Scholes wasn't working. One of the nets
concerns "moral hazard" ... the gamblers gets the winnings, but the
public is on the hook for the losses.

When the whole things blows up, there are articles that computer
models mislead the business people. On the other side there were many
more articles by risk managers where the business people forced them
to fiddle the inputs in order to get the desired results (GIGO,
garbage in, garbage out) ... not so complicated, lots of obfuscation
and misdirection.

In the OCT2008 congressional hearings into the pivotal role that the
rating agencies played (selling triple-A when they knew they weren't
worth triple-A), testimony was that their business model had become
misaligned when the agencies switched from the buyers paying for the
rating to the sellers paying for the ratings ... even though the
ratings were for the benefit of the buyers. They observed that it was
significantly harder to regulate a misaligned business model when the
players are motivated to do the wrong thing.

economic mess posts
http://www.garlic.com/~lynn/submisc.html#economic.mess
triple-A rated toxic CDO posts
http://www.garlic.com/~lynn/submisc.html#toxic.cdo

Trivia: rhetoric on the floor of congress was that Sarbanes-Oxley
would guarantee that executives and auditors did jailtime, however it
required SEC to do something. Possibly because even GAO didn't believe
SEC was doing anything, GAO started doing reports of public company
fraudulent financial filings, even showing that they increased after
SOX went into effect (and nobody doing jailtime). Less well known is
SOX also required SEC to do something about the rating agencies, but
SEC did about as much about them as the fraudulent financial filings.

Sarbanes-Oxley posts
http://www.garlic.com/~lynn/submisc.html#sarbanes.oxley
Financial reporting fraud posts
http://www.garlic.com/~lynn/submisc.html#financial.reporting.fraud

Can you get regulators that understand what is going and are motivated
to do something about it.  That was supposedly FDR's reply on why he
put one of the most notorious foxes in charge as the first SEC
chairman. Later during WW2, FDR made him ambassador to Great Britain
for possibly similar reason. FDR then got proof that the ambassador
was dealing with the Nazis and in private meeting threatened to make
it public if he didn't toe the line. reference
http://www.garlic.com/~lynn/2015g.html#13 1973--TI 8 digit electric calculator--$99.95

regulatory capture posts
http://www.garlic.com/~lynn/submisc.html#regulatory.capture

In the 90s, I had been writing standards in financial standards
meeting and one of the participants was from NSCC. He asked me to come
in to NSCC (this was before merger with DTC)
https://en.wikipedia.org/wiki/Depository_Trust_%26_Clearing_Corporation

to work on improving the integrity of trading floor transactions. I
work on it for a while and then get a call that it was being
suspended. A side effect of the integrity work would greatly improve
transparency and visibility, something counter to fundamental
wallstreet culture.

In the congressional Madoff hearings they had the person that had
tried unsuccessfully for a decade to try and get SEC to do something
about Madoff. He was asked if new regulations were needed. He said
that while new regulations might be needed, more important would be
transparency and visibility.

Madoff postings
http://www.garlic.com/~lynn/submisc.html#madoff

Cramer says that illegal activity goes on all the time, but they don't
have to worry about anything from the SEC ... however, there are lots
of reasons, not because they aren't smart enough. this was before HFT
really kicks in, which has made it worse
http://nypost.com/2007/03/20/cramer-reveals-a-bit-too-much/

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

The Real Reason Wages Have Stagnated: Our Economy Is Optimized For Financialization

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: The Real Reason Wages Have Stagnated: Our Economy Is Optimized For Financialization
Date: 10 Sept 2017
Blog: Facebook

re:
http://www.garlic.com/~lynn/2017h.html#116 The Real Reason Wages Have Stagnated: Our Economy Is Optimized For Financialization
http://www.garlic.com/~lynn/2017i.html#1 Any definitive reference for why the PDP-11 was little-endian?
http://www.garlic.com/~lynn/2017i.html#7 Any definitive reference for why the PDP-11 was little-endian?

with regard to FDR and the original head of SEC and then later
ambassador, Intrepid also points finger at Ambassador Kennedy ... they
start bugging the US embassy because classified information was
leaking to the Germans. They eventually identified a clerk as
responsible but couldn't prove ties to Kennedy. However Kennedy is
claiming credit for Chamberland capitulating to Hitler on many issues
... also making speeches in Britain and the US that Britain could
never win a war with Germany and if he was president, he would be on
the best of terms with Hitler.
http://www.amazon.com/Man-Called-Intrepid-Incredible-Narrative-ebook/dp/B00V9QVE5O/

loc2645-52:

The Kennedys dined with the Roosevelts that evening. Two days later,
Joseph P. Kennedy spoke on nationwide radio. A startled public learned
he now believed "Franklin D. Roosevelt should be re-elected
President." He told a press conference: "I never made anti-British
statements or said, on or off the record, that I do not expect Britain
to win the war."

British historian Nicholas Bethell wrote: "How Roosevelt contrived the
transformation is a mystery." And so it remained until the BSC Papers
disclosed that the President had been supplied with enough evidence of
Kennedy's disloyalty that the Ambassador, when shown it, saw
discretion to be the better part of valor. "If Kennedy had been
recalled sooner," said Stephenson later, "he would have campaigned
against FDR with a fair chance of winning. We delayed him in London as
best we could until he could do the least harm back in the States."

... snip ...

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

The General Who Lost 2 Wars, Leaked Classified Information to His Lover--and Retired With a $220,000 Pension

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: The General Who Lost 2 Wars, Leaked Classified Information to His Lover--and Retired With a $220,000 Pension
Date: 10 Sept 2017
Blog: Facebook

The General Who Lost 2 Wars, Leaked Classified Information to His
Lover--and Retired With a $220,000 Pension
https://www.thenation.com/article/the-general-who-lost-2-wars-leaked-classified-information-to-his-lover-and-retired-with-a-220000-pension/

One of the issues is a beltway bandit that only has gov. contracts
... can't use gov. contract money to lobby congress ... however a
private-equity owner can hire large numbers of high profile
politicians and gov. officials and do lots of lobbying.

There was huge amount of outsourcing to major private equity owned
companies last decade ... which are then put under heavy pressure to
generate revenue for their owners.  Former president of Amex was hired
away by KKR, then by IBM and then Carlyle
http://www.motherjones.com/politics/2007/10/barbarians-capitol-private-equity-public-enemy/

Lou Gerstner, former ceo of ibm, now heads the Carlyle Group, a
Washington-based global private equity firm whose 2006 revenues of $87
billion were just a few billion below ibm's. Carlyle has boasted
George H.W. Bush, George W. Bush, and former Secretary of State James
Baker III on its employee roster

... snip ..

Which acquires beltway bandit that will employ Snowden. Outsourcing of
security clearances to private equity owned companies were under
intense pressure to cut corners and found to be filling out the paper
work but not actually doing the background checks.
http://www.investingdaily.com/17693/spies-like-us/
which helps accelerate the rapidly spreading success of failure
culture (more money from failures)
http://www.govexec.com/excellence/management-matters/2007/04/the-success-of-failure/24107/

One of the gimmicks is analogy to house flipping, they take a 100%
loan to acquire a company, put the loan on the company's book and then
flip it. They can even sell for much less than they paid and still
walk away with boat loads of money (loan goes with the flipped
company, real house flipping requires paying off the original loan,
over half corporate defaults are companies currently or formally in
private-equity mill)
http://www.nytimes.com/2009/10/05/business/economy/05simmons.html?_r=0

other trivia: Finding Petraeiusism in Naglandia
http://smallwarsjournal.com/jrnl/art/finding-petraeusism-in-naglandia

more private-equity/gov trivia (following also gets into the enormous
debt ratios on these company books)
http://www.chessiecap.com/news-articles/2012/11/thinking-the-unthinkable-government-contracting-bankruptcy/

With little to no growth in many industry sectors in the past decade,
private equity firms were attracted to the market of companies serving
the U.S. government like bees to honey.  Stifel Nicolaus Weisel tracks
over 35 major private equity firms invested in the government
sector. ...  High profile deals include Carlyle/Booz Allen Hamilton,
Providence Equity Partners/SRA International, Veritas Capital/Lockheed
Martin's Enterprise Integration Group, KKR and General Atlantic
Partners/Northrop Grumman's TASC, and Cerberus Capital
Management/DynCorp International.

... snip ...

more private-equity outsourcing trivia: OPM Contractor's Parent Firm
Has a Troubled History
https://theintercept.com/2015/06/24/opm-contractor-veritas/

Founded in 1992 by the late investment banker Robert McKeon, Veritas
Capital grew quickly by buying up government contractors and forming
close ties with former senior government officials. Of the many
defense-related investments made by the company, the most famous has
been the 2005 purchase of DynCorp International, a scandal-plagued
company that played a pivotal role in the wars in Iraq and Afghanistan

private-equity posts
http://www.garlic.com/~lynn/submisc.html#private.equity
gerstner posts
http://www.garlic.com/~lynn/submisc.html#gerstner
success of failure posts
http://www.garlic.com/~lynn/submisc.html#success.of.failure
military-industrial(-congressional)-complex
http://www.garlic.com/~lynn/submisc.html#military.industrial.complex

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

The General Who Lost 2 Wars, Leaked Classified Information to His Lover--and Retired With a $220,000 Pension

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: The General Who Lost 2 Wars, Leaked Classified Information to His Lover--and Retired With a $220,000 Pension
Date: 10 Sept 2017
Blog: Facebook

re:
http://www.garlic.com/~lynn/2017i.html#9 The General Who Lost 2 Wars, Leaked Classified Information to His Lover--and Retired With a $220,000 Pension

trivia: Barbarians at the capital ... is take off on this KKR
take-over of RJR

AMEX was in competition with KKR for private-equity LBO take-over of
RJR and KKR wins.
https://en.wikipedia.org/wiki/Barbarians_at_the_Gate:_The_Fall_of_RJR_Nabisco
and
https://www.amazon.com/Barbarians-Gate-Fall-RJR-Nabisco-ebook/dp/B000FC10QG

KKR runs into some problems and hires away AMEX president to help with
RJR. Then IBM has gone into the red and was being reorganized into the
13 "Baby Bells" in preparation for breaking up the company. Dec 1992
"How IBM Was Left Behind", article behind paywall but some lives free
at wayback machine
http://web.archive.org/web/20101120231857/http://www.time.com/time/magazine/article/0,9171,977353,00.html

the board then hires away the former president of AMEX, who reverses
the breakup and resurrects the company. using some of the same
techniques at RJR
http://www.ibmemployee.com/RetirementHeist.shtml

former president of AMEX then leaves IBM to head up Carlyle. Since
private-equity onslaught on gov. contractors, they are constantly
looking for prominent politicians and members of gov. to help with
their national & international lobbying. When Petraeus leaves CIA
in disgrace, he is snapped up by KKR. As mentioned, private-equity
transfers enormous debt loads to the companies they acquire
... results included half of all corporate defaults are companies
involved in private-equity mill (they are under intense pressure to
cut all sort of corners to generate revenue and service the
loans). The neat trick is that these bad loans never show up on the
records of the private-equity companies that took out the loans.

parts of 1st cav were in Fallujah 2004-2005 and then came back to
Baqubah 2007-2008, described as worse than Fallujah (but because
claims that things were better, it didn't get the coverage).
https://www.amazon.com/Battle-Baqubah-Killing-Our-Way-ebook/dp/B007VBBS9I/

upwards of $60B in pallets of shrink wrapped $100 bills were airlifted
to Iraq ... some of it immediately disappears, other is
tributes&bribes for Iraqis to reduce conflict (right out of Roman
Empire) for the "surge".

private-equity posts
http://www.garlic.com/~lynn/submisc.html#private.equity
gerstner posts
http://www.garlic.com/~lynn/submisc.html#gerstner
military-industrial(-congressional)-complex
http://www.garlic.com/~lynn/submisc.html#military.industrial.complex

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

The General Who Lost 2 Wars, Leaked Classified Information to His Lover--and Retired With a $220,000 Pension

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: The General Who Lost 2 Wars, Leaked Classified Information to His Lover--and Retired With a $220,000 Pension
Date: 11 Sept 2017
Blog: Facebook

re:
http://www.garlic.com/~lynn/2017i.html#9 The General Who Lost 2 Wars, Leaked Classified Information to His Lover--and Retired With a $220,000 Pension
http://www.garlic.com/~lynn/2017i.html#10 The General Who Lost 2 Wars, Leaked Classified Information to His Lover--and Retired With a $220,000 Pension

Former CIA Analyst Sues Defense Department to Vindicate NSA
Whistleblowers
https://theintercept.com/2017/02/10/former-cia-analyst-sues-defense-department-to-vindicate-nsa-whistleblowers/

"Loomis says he thinks those redactions were more for the sake of
Hayden's reputation than protecting real classified information. He
eventually documented the saga in a self-published book called 'NSAs
Transformation: An Executive Branch Black Eye.'"

... snip ...

we were possibly tangentially involved ... although we didn't know it
at the time. There was unclassified BAA from IC-ARDA (now IARPA) that
basically said that nothing they had did the job ... and we got a call
just before it closed, asking if we could get a response in (nobody
else had responded). We got a response in, had a couple of meetings
summer 2002 (little strange since we don't have clearances), showing
we could do what was needed, and then nothing. It wasn't until we saw
the success of failure article, that we began to suspect what went
on.

we did hear that the primary analyst behind the BAA was eventually
told by agency top executives that he hadn't sufficiently proved to
them that the tools he had wouldn't do the job. We conjectured that
the top executives thot that if nobody responded to the BAA, then it
would stop his complaints .... i guess it caught them by surprise when
somebody got us to respond to the BAA.

this also mentions oil rig company is transferred into one of largest
defense contractors after former SECDEF and future VP becomes CEO
... in Iraq2 invasion, company gets tens of billions in no-bid
contracts, "How Private Contractors Created Shadow NSA"
http://www.thenation.com/article/how-private-contractors-have-created-shadow-nsa/

part of post from 2013 mentioning drake and conjecture that
private-equity beltway bandits are using game theory to maximize
revenue (success of failure).

NPC Luncheon with Thomas Drake, NSA Whistleblower
http://www.press.org/events/npc-luncheon-thomas-drake-nsa-whistleblower
wiki page:
https://en.wikipedia.org/wiki/Thomas_Andrews_Drake

x-over from another discussion ... conjecture that (private-equity
owned) beltway bandits used game theory to maximize revenue
... realizing a series of failed efforts is more revenue than an
immediate success ... aka another unintended consequence

"Game theory, or using math to find the optimal solution to complex
systems"
http://blogs.scientificamerican.com/guest-blog/2013/02/27/why-its-smart-to-be-reckless-on-wall-street/

private-equity posts
http://www.garlic.com/~lynn/submisc.html#private.equity
success of failure posts
http://www.garlic.com/~lynn/submisc.html#success.of.failure
whistleblower posts
http://www.garlic.com/~lynn/submisc.html#whistleblower
military-industrial(-congressional)-complex
http://www.garlic.com/~lynn/submisc.html#military.industrial.complex

past posts mentioning the IC-ARDA/IARPA BAA
http://www.garlic.com/~lynn/2013o.html#57 Beyond Snowden: A New Year's Wish For A Better Debate
http://www.garlic.com/~lynn/2013o.html#76 Should New Limits Be Put on N.S.A. Surveillance?
http://www.garlic.com/~lynn/2014.html#12 5 Unnerving Documents Showing Ties Between Greenwald, Omidyar & Booz Allen Hamilton
http://www.garlic.com/~lynn/2014c.html#66 F-35 JOINT STRIKE FIGHTER IS A LEMON
http://www.garlic.com/~lynn/2014c.html#85 11 Years to Catch Up with Seymour
http://www.garlic.com/~lynn/2014d.html#47 Stolen F-35 Secrets Now Showing Up in China's Stealth Fighter
http://www.garlic.com/~lynn/2015.html#54 How do we take political considerations into account in the OODA-Loop?
http://www.garlic.com/~lynn/2015.html#61 IBM Data Processing Center and Pi
http://www.garlic.com/~lynn/2015.html#72 George W. Bush: Still the worst; A new study ranks Bush near the very bottom in history
http://www.garlic.com/~lynn/2015f.html#20 Credit card fraud solution coming to America...finally
http://www.garlic.com/~lynn/2015f.html#26 Gerstner after IBM becomes Carlyle chairman
http://www.garlic.com/~lynn/2015h.html#32 (External):Re: IBM
http://www.garlic.com/~lynn/2016b.html#39 Failure as a Way of Life; The logic of lost wars and military-industrial boondoggles
http://www.garlic.com/~lynn/2016b.html#62 The NSA's back door has given every US secret to our enemies
http://www.garlic.com/~lynn/2016f.html#40 Misc. Success of Failure
http://www.garlic.com/~lynn/2016h.html#96 This Is How The US Government Destroys The Lives Of Patriotic Whistleblowers
http://www.garlic.com/~lynn/2017.html#64 Improving Congress's oversight of the intelligence community
http://www.garlic.com/~lynn/2017c.html#5 NSA Deputy Director: Why I Spent the Last 40 Years In National Security
http://www.garlic.com/~lynn/2017c.html#47 WikiLeaks CIA Dump: Washington's Data Security Is a Mess
http://www.garlic.com/~lynn/2017f.html#101 Nice article about MF and Government
http://www.garlic.com/~lynn/2017h.html#23 This Is How The US Government Destroys The Lives Of Patriotic Whistleblowers

other posts mentioning Thomas Drake
http://www.garlic.com/~lynn/2011g.html#32 Congratulations, where was my invite?
http://www.garlic.com/~lynn/2013c.html#39 NPC Luncheon with Thomas Drake, NSA Whistleblower
http://www.garlic.com/~lynn/2013c.html#45 A Matter of Mindset: Iraq, Sequestration and the U.S. Army
http://www.garlic.com/~lynn/2013k.html#37 Do You Want Better Security? Eliminate System Administrators!
http://www.garlic.com/~lynn/2014f.html#82 The NSA and Snowden: Securing the All-Seeing Eye
http://www.garlic.com/~lynn/2016d.html#74 Raspberry Pi 3?

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

EasyLink email ad

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: EasyLink email ad
Newsgroups: alt.folklore.computers
Date: Tue, 12 Sep 2017 08:25:30 -0700

jmfbahciv <See.above@aol.com> writes:

I suspect it had something to do with my being on disability.  Their
benefits people couldn't find my data base entry.  when they did find
it, they refused to tell me what my badge number was.  None of the
the data bases had DEC's badge number data.  I found that to be
astonishing since they were responsible for all of DEC's pensioners.

Sorry to hear about your benefits, anyone who has any lives in fear that
they could just be dropped.

I'm not sorry; I'm pissed off.  Carlybaby has a lot to answer for.

periodic post ... former AMEX president after using attack on pensions
at private-equity take-over of RJR (barbarians at the gate), he then
use some of the same at IBM
http://www.ibmemployee.com/RetirementHeist.shtml

the company used has gone thru a number of mergers ... but it is still
being used to administer IBM's medical benefits.

private-equity posts
http://www.garlic.com/~lynn/submisc.html#private.equity
gerstner posts
http://www.garlic.com/~lynn/submisc.html#gerstner

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

Merchants of Doubt

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Merchants of Doubt
Date: 13 Sept 2017
Blog: Facebook

Merchants of Doubt tells the story of how a loose-knit group of
high-level scientists and scientific advisers, with deep connections
in politics and industry, ran effective campaigns to mislead the
public and deny well-established scientific knowledge over four
decades. Remarkably, the same individuals surface repeatedly-some of
the same figures who have claimed that the science of global warming
is "not settled" denied the truth of studies linking smoking to lung
cancer, coal smoke to acid rain, and CFCs to the ozone hole. "Doubt is
our product," wrote one tobacco executive. These "experts" supplied
it.
https://www.amazon.com/Merchants-Doubt-Handful-Scientists-Obscured-ebook/dp/B003RRXXO8/

triva: some of the "merchants of doubt" also show up with "Team B"
that did Soviet analysis justifying huge DOD budget increase (later
shown to be significant exaggeration). CIA director Colby didn't agree
with the analysis and so white house chief of staff Rumsfeld arranged
for him to be replaced with somebody that would agree (Bush1). After
replacing Colby, Rumsfeld becomes SECDEF and his assistant Cheney
becomes chief of staff.

posts mentioning "Team B"
http://www.garlic.com/~lynn/submisc.html#team.b

Later when Bush is VP, he and Rumsfeld are aiding Saddam in Iraq/Iran
war, including supplying Saddam with WMDs. Later Bush1 is president
and Cheney is SECDEF. A satellite recon analyst notifies white house
that Saddam is marshaling forces to invade Kuwait. White house says
that Saddam has told them he would do no such thing and proceeds to
discredit the analyst. Later analyst notifies white house that Saddam
is marshaling forces to invade Saudi Arabia, now the white house has
to choose between Saddam and Saudis ("Desert Storm").
http://www.amazon.com/Long-Strange-Journey-Intelligence-ebook/dp/B004NNV5H2/

Start of this century, Bush2 is president, Cheney is VP, and Rumsfeld
is SECDEF. One of the former "Team B" members (Wolfowitz) is Deputy
Secretary of Defense and "a major architect of President Bush's Iraq
policy and ... its most hawkish advocate."[5] In fact, "the Bush
Doctrine was largely [his] handiwork." Before invasion, White House
chief of staff Card's cousin had been dealing with Iraq in the UN and
given proof that the WMDs (tracing back to the US from the Iran/Iraq
war) have been decommissioned. The cousin supplies the information to
the white house and then is locked up in military hospital. Eventually
gets out and publishes a book in 2010 about what happened, including
decommissioned WMDs.
http://www.amazon.com/EXTREME-PREJUDICE-Terrifying-Story-Patriot-ebook/dp/B004HYHBK2/

It turns out the decommissioned WMDs (tracing back to the US) were
found early in the invasion, but the information was classified until
fall of 2014 (four yrs after book was published).
http://www.nytimes.com/interactive/2014/10/14/world/middleeast/us-casualties-of-iraq-chemical-weapons.html

MICC posts
http://www.garlic.com/~lynn/submisc.html#military.industrial.complex
perpetual war posts
http://www.garlic.com/~lynn/submisc.html#perpetual.war

I Was an Exxon-Funded Climate Scientist
https://www.counterpunch.org/2017/09/12/i-was-an-exxon-funded-climate-scientist/
Assessing ExxonMobil's climate change communications (1977-2014)
http://iopscience.iop.org/article/10.1088/1748-9326/aa815f

This paper assesses whether ExxonMobil Corporation has in the past
misled the general public about climate change. We present an
empirical document-by-document textual content analysis and comparison
of 187 climate change communications from ExxonMobil, including
peer-reviewed and non-peer-reviewed publications, internal company
documents, and paid, editorial-style advertisements ('advertorials')
in The New York Times. We examine whether these communications sent
consistent messages about the state of climate science and its
implications--specifically, we compare their positions on climate
change as real, human-caused, serious, and solvable. In all four
cases, we find that as documents become more publicly accessible, they
increasingly communicate doubt. This discrepancy is most pronounced
between advertorials and all other documents. For example, accounting
for expressions of reasonable doubt, 83% of peer-reviewed papers and
80% of internal documents acknowledge that climate change is real and
human-caused, yet only 12% of advertorials do so, with 81% instead
expressing doubt. We conclude that ExxonMobil contributed to advancing
climate science--by way of its scientists' academic publications--but
promoted doubt about it in advertorials. Given this discrepancy, we
conclude that ExxonMobil misled the public. Our content analysis also
examines ExxonMobil's discussion of the risks of stranded fossil fuel
assets. We find the topic discussed and sometimes quantified in 24
documents of various types, but absent from advertorials. Finally,
based on the available documents, we outline ExxonMobil's strategic
approach to climate change research and communication, which helps to
contextualize our findings.

Exxon Knew about Climate Change almost 40 years ago
https://www.scientificamerican.com/article/exxon-knew-about-climate-change-almost-40-years-ago/
What Exxon Mobil Didn't Say About Climate Change
https://www.nytimes.com/2017/08/22/opinion/exxon-climate-change-.html?mcubz=3
Inside an investigation into Exxon Mobil's climate change misinformation
https://www.theverge.com/2017/8/23/16194366/exxon-mobil-knew-climate-change-misinformation-harvard-study
ExxonMobil climate change controversy
https://en.wikipedia.org/wiki/ExxonMobil_climate_change_controversy

aka, ExxonMobil had to accurately and scientifically assess climate
change because of its significant short & long term effects on its
business ... but at the same time create significant public doubt as
part of maximizing its current earnings. This is similar to the
importance of DOD accurately and scientifically assess climate change
effects on its ability to perform its duties ... but complicated by
special interests lobbying the politicians.
https://www.militarytimes.com//news/your-military/2017/09/12/pentagon-is-still-preparing-for-global-warming-even-though-trump-said-to-stop/

past "Merchants of Doubt" posts
http://www.garlic.com/~lynn/2013c.html#16 A Matter of Mindset: Iraq, Sequestration and the U.S. Army
http://www.garlic.com/~lynn/2013d.html#62 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#54 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013f.html#7 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013h.html#41 Is newer technology always better? It almost is. Exceptions?
http://www.garlic.com/~lynn/2013i.html#89 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013k.html#59 John Boyd's Art of War
http://www.garlic.com/~lynn/2013m.html#52 Steve B sees what investors think
http://www.garlic.com/~lynn/2013m.html#80 The REAL Reason U.S. Targets Whistleblowers
http://www.garlic.com/~lynn/2013n.html#44 'Free Unix!': The world-changing proclamationmade30yearsagotoday
http://www.garlic.com/~lynn/2014b.html#31 An insider's story of the global attack on climate science
http://www.garlic.com/~lynn/2014b.html#54 Royal Pardon For Turing
http://www.garlic.com/~lynn/2014d.html#47 Stolen F-35 Secrets Now Showing Up in China's Stealth Fighter
http://www.garlic.com/~lynn/2014h.html#22 $40 billion missile defense system proves unreliable
http://www.garlic.com/~lynn/2014h.html#73 10 Big Fat Lies and the Liars Who Told Them
http://www.garlic.com/~lynn/2014m.html#100 OT: article on foreign outsourcing
http://www.garlic.com/~lynn/2015.html#24 Forget the McDonnells. We're ignoring bigger, more pernicious corruption right under our noses
http://www.garlic.com/~lynn/2015e.html#34 43rd President
http://www.garlic.com/~lynn/2015e.html#63 12 Reasons America Doesn't Win Its Wars
http://www.garlic.com/~lynn/2015f.html#1 Jeb: George W. Bush is a top foreign policy adviser
http://www.garlic.com/~lynn/2015f.html#76 Pentagon remains stubbornly unable to account for its billions
http://www.garlic.com/~lynn/2015f.html#90 1973--TI 8 digit electric calculator--$99.95
http://www.garlic.com/~lynn/2015f.html#92 1973--TI 8 digit electric calculator--$99.95
http://www.garlic.com/~lynn/2015g.html#38 1973--TI 8 digit electric calculator--$99.95
http://www.garlic.com/~lynn/2016f.html#47 British socialism / anti-trust
http://www.garlic.com/~lynn/2017.html#26 Milton Friedman's Cherished Theory Is Laid to Rest
http://www.garlic.com/~lynn/2017d.html#59 Breaking: Entire Nation Experiencing Collective Amnesia About Iraq War

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

How to spot a dodgy company - never trust a high achiever

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: How to spot a dodgy company - never trust a high achiever
Date: 13 Sept 2017
Blog: Facebook

How to spot a dodgy company - never trust a high achiever
http://moneyweek.com/how-to-spot-bad-stocks-beware-high-achiever-ceo/?utm_campaign=money-morning-newsletter&utm_medium=email&utm_source=newsletter

A Reputation for Beating Analysts' Expectations and the Slippery Slope
to Earnings Manipulation
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2607219&rec=1&srcabs=2561954&alg=1&pos=4

Rarely enforced SEC rules may give green light to earnings
manipulation
http://www.marketwatch.com/story/past-enforcement-suggests-proposed-clawback-rules-lack-teeth-2015-09-28

Rhetoric on floor of congress claimed that Sarbanes-Oxley would
prevent future ENRONs and guarantee executives and auditors did jail
time for fraudulent financial filings but required SEC do
something.. Possibly because even GAO didn't believe SEC was doing
anything, GAO started doing reports of public company doing fraudulent
financial filings, even showing increase after SOX goes into effect
(and nobody doing jailtime)

Enron posts
http://www.garlic.com/~lynn/submisc.html#enron
Sarbanes-Oxley posts
http://www.garlic.com/~lynn/submisc.html#sarbanes.oxley
Financial reporting fraud posts
http://www.garlic.com/~lynn/submisc.html#financial.reporting.fraud

Age of Greed: The Triumph of Finance and the Decline of America, 1970
to the Present
http://www.amazon.com/Age-Greed-Triumph-Finance-ebook/dp/B004DEPF6I

pg199/loc3909-13:

GE Capital also enabled GE to manage its quarterly earnings, engaging
in the last couple of weeks of every calendar quarter in various
trades that could push earnings up on the last day or two before the
quarter's end. It was an open secret on Wall Street that this was how
Welch consistently kept quarterly earnings rising for years at a
time. "Though earnings management is a no-no among good governance
types," wrote two CNNMoney financial editors, "the company has never
denied doing it, and GE Capital is the perfect mechanism."

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 overspeculation, 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

pg191/loc3754-60:

In 1977, GE Capital, as it was later called, generated $67 million in
revenue with only seven thousand employees, while appliances that year
generated $100 million and required 47,000 workers. He hired better
managers and supplied GE Credit with a lot of capital, and he had
built-in scale--meaning large size--due to GE's assets size and
triple-A credit rating. In time, GE Capital became a full-fledged
bank, financing all kinds of commercial loans, issuing mortgages and
other consumer loans, and becoming a leader in mortgage-backed
securities. By the time Welch left in 2000, GE Capital's earnings had
grown by some eighty times to well more than $5 billion, while the
number of its employees did not even double. It provided half of GE's
profits.

pg195/loc3819-25:

In three years, Welch sold more than one hundred businesses. Some of
these needed selling, others might have been saved with good
innovative management. But with the stock market in mind, the fastest
way to increase profits is to cut costs, and in his first two years,
he laid off more than seventy thousand workers, nearly 20 percent of
the GE workforce. Quickly, Welch earned the nickname "Neutron Jack"
for ridding businesses of people while retaining the
operations. Within five years, roughly 130,000 workers of GE's 400,000
were gone. In fact, he institutionalized layoffs by requiring that 10
percent of the workforce of each division be replaced every year. In
1984, Fortune named him the toughest boss in America.

pg199/loc3919-25:

Over his tenure, he cut back significantly on research and
development--by some 20 percent in the 1990s. In 1993, he told
BusinessWeek, "We feel that we can grow within a business, but we are
not interested in incubating new businesses." GE Capital itself was
built through countless acquisitions. As the CNNMoney writers put it,
"Consider first what the company really is. Its strength and curse is
that it looks a lot like the economy. Over the decades GE's well-known
manufacturing businesses--jet engines, locomotives, appliances, light
bulbs--have shrunk as a proportion of the total. Like America, GE has
long been mainly in the business of services. The most important and
profitable services it offers are financial."

pg200/pg3935-41:

He mostly stopped trying to create great new products, hence the
reduction in R&D. He took the heart out of his businesses, he did not
put it in, as he had always hoped to do. What made his strategy
possible, and fully shaped it, was the rising stock market--and the
new ideology that praised free markets even as they failed.

... snip ..

... here too Boyd had a favorite line. He often said,

'It is not true the Pentagon has no strategy. It has a strategy, and
once you understand what that strategy is, everything the Pentagon
does makes sense. The strategy is, don't interrupt the money flow, add
to it.'

It is not in their interest to reduce conflict around the world
... just the opposite. perpetual war posts
http://www.garlic.com/~lynn/submisc.html#perpetual.war

military-industrial(-congressional)-complex
http://www.garlic.com/~lynn/submisc.html#military.industrial.complex

Lots of the military-industrial complex are for-profit public
companies that are looking to increase their numbers every quarter
... "managed earnings", just like GE.

CEOs bonuses based on stock price which in turns heavily influenced by
earnings/share. One side is "managed earnings" ... the other side is
number of stocks ... last two decades, there has been enormous uptic
in "stock buybacks" ... corporations borrowing money for stock
buybacks to juice the earnings/share (in turn juicing executive
bonuses) by reducing the number of shares. Part of the issue is
avg. length of CEO tenure is decreasing so they are incrasingly
looking to make quick killing and leave (no longer looking at long
term picture)

stock buyback posts:
http://www.garlic.com/~lynn/submisc.html#stock.buyback

This is obfuscated with phrases like "maximizing shareholder value"
http://www.nakedcapitalism.com/2013/10/why-the-maximizing-shareholder-value-theory-of-corporate-governance-is-bogus.html

If you review any of the numerous guides prepared for directors of
corporations prepared by law firms and other experts, you won't find a
stipulation for them to maximize shareholder value on the list of
things they are supposed to do. It's not a legal requirement. And
there is a good reason for that.

Directors and officers, broadly speaking, have a duty of care and duty
of loyalty to the corporation. From that flow more specific
obligations under Federal and state law. But notice: those
responsibilities are to the corporation, not to shareholders in
particular.

... ... snip ...

in the military it would be loyalty to the country ... not to
military-industrial complex and/or other special interests

20 yrs ago, congress required that all federal agencies pass financial
audit ... DOD has yet to pass one. In 2015 there was press that DOD
would be able to pass financial audit in 2017 ... but that is being
pushed off again, now maybe 2018.

2002 Congress lets the fiscal responsibility act expire (required
spending not exceed taxes, on its way to eliminating all federal
debt). 2010, CBO report that 2003-2009, taxes cut $6T and spending
increased $6T for $12T gap compared to fiscal responsibility budget
(first time taxes cut to not pay for two wars). Since then some modest
cut in spending but no restored taxes so debt continues to increase
(just passed $20T). 2010 CBO also that a little over trillion of the
DOD spending increase couldn't find anything to show for. By
comparison the tens of billions in pallets of shrink wrapped $100
bills air lifted to Iraq is "accounted for" (even though much of it
disappears once it reached Iraq).

Fiscal Responsibility Act posts
http://www.garlic.com/~lynn/submisc.html#fiscal.responsibility.act

As mentioned upthread about SOX and SEC not enforcing regulations
... there was joke that the stringent SOX audits were just a gift to
the audit industry (after the ENRON case resulted in one of the major
audit companies going out of business) ... but SEC wouldn't actually
do anything ... and GAO doing reports of public company fraudulent
financial filings even showing they increased after SOX goes into
effect (and nobody doing jailtime).

In the congressional Madoff hearings, they had testimony from the
person that tried unsuccessfully for a decade to get SEC to do
something about Madoff (SEC's hands were forced when Madoff turned
himself in). Congress asked him if new regulations were needed. He
said possibly, but more important would be transparency and visibility
(since it didn't appear that SEC was enforcing the regulations it
had). He also said that tips/whistleblowers turn up 13 times more
fraud than audits ... and that SEC had a 1-800 number for corporations
to complain about audits ... but didn't have a tip hotline.

Madoff posts
http://www.garlic.com/~lynn/submisc.html#madoff

There is Burton's "Pentagon Wars", Spinney's "The Penagon Labyrinth",
"Perpetual Wars" and other tomes, Winslow's "What did the
Rumsfeld/Gates Pentagon Do with $1 Trillion?", various Boyd stories,
etc ... only totals trillions of dollars. There are all the stories
about pentagon/industry revolving doors ... including recent
discussion here about disgraced CIA director being hired by KKR
... but still just trillions.

By comparison the economic mess involved tens of trillions. In 1999, I
was asked to try and help prevent the coming economic mess. They were
able to get around the countermeasures. Then a decade later in January
2009, I was asked to HTML'ize the Pecora Hearings (30s senate hearings
into '29 crash that resulted in criminal convictions and jail time)
with lots of internal HREFS and URLs between what happened then and
what happened this time (comments that maybe the new congress would
have appetite to do something). I work on it for awhile and then get a
call saying it won't be needed after all (references to enormous
mountains of wallstreet cash totally burying DC) ... and the revolving
doors between wallstreet and regulators are even more pervasive than
pentagon/industry ... although there is overlap between wallstreet and
the industry side of military-industrial complex.

regulatory capture posts
http://www.garlic.com/~lynn/submisc.html#regulatory.capture
economic mess posts
http://www.garlic.com/~lynn/submisc.html#economic.mess

One example is the enormous uptic in outsourcing last decade and
take-over of government contractors by private-equity companies (again
from the disgraced CIA director thread)
http://www.motherjones.com/politics/2007/10/barbarians-capitol-private-equity-public-enemy/
http://www.chessiecap.com/news-articles/2012/11/thinking-the-unthinkable-government-contracting-bankruptcy/

private-equity posts
http://www.garlic.com/~lynn/submisc.html#private.equity

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

EasyLink email ad

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: EasyLink email ad
Newsgroups: alt.folklore.computers
Date: Thu, 14 Sep 2017 18:30:29 -0700

Rich Alderson <news@alderson.users.panix.com> writes:

No, I'm sure that by 1984 he was seeing HTG Internet e-mail addresses, because
the TCP/IP changeover had already happened, and lots more people legitimately
had one.  Hell, by October 1984 I was A.ALDERSON@LOTS-A.STANFORD.EDU (a mere
third of a century ago)!

previously post with all the registered .com domain names from Oct1990
list
http://www.garlic.com/~lynn/2000e.html#20

this post discusses the cutover to tcp/ip on 1jan1983 and some
of the issues
http://www.garlic.com/~lynn/2002p.html#39

including this status email which includes description of
apranet<->csnet email address conversion convention
http://www.garlic.com/~lynn/2002p.htmL#email821122
and followup
http://www.garlic.com/~lynn/2002p.html#email830109

CSNET description from Jan1982
https://www.livinginternet.com/i/ii_csnet.htm
and
https://en.wikipedia.org/wiki/CSNET

past email related to interconnecting NSF sites ... originally
NSF supercomputer centers
http://www.garlic.com/~lynn/lhwemail.html#nsfnet

further discussion
http://www.technologyreview.com/featuredstory/401444/grid-computing/

internet posts
http://www.garlic.com/~lynn/subnetwork.html#internet

topic drift, Stanford University Network (SUN)
https://en.wikipedia.org/wiki/Stanford_University_Network

past posts mentioning SUN workstation was pitched to
IBM to produce (at IBM palo alto science center):
http://www.garlic.com/~lynn/96.html#4a John Hartmann's Birthday Party
http://www.garlic.com/~lynn/2008e.html#74 Convergent Technologies vs Sun
http://www.garlic.com/~lynn/2008h.html#30 Stanford University Network (SUN) 3M workstation
http://www.garlic.com/~lynn/2011g.html#25 Mainframe technology in 2011 and beyond; who is going to run these Mainframes?
http://www.garlic.com/~lynn/2012o.html#39 PC/mainframe browser(s) was Re: 360/20, was 1132 printer history
http://www.garlic.com/~lynn/2012o.html#40 PC/mainframe browser(s) was Re: 360/20, was 1132 printer history
http://www.garlic.com/~lynn/2013j.html#58 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2014g.html#98 After the Sun (Microsystems) Sets, the Real Stories Come Out
http://www.garlic.com/~lynn/2017f.html#86 IBM Goes to War with Oracle: IT Customers Praise Result

past posts in this thread:
http://www.garlic.com/~lynn/2017h.html#114 EasyLink email ad
http://www.garlic.com/~lynn/2017h.html#120 EasyLink email ad
http://www.garlic.com/~lynn/2017i.html#0 EasyLink email ad
http://www.garlic.com/~lynn/2017i.html#3 EasyLink email ad
http://www.garlic.com/~lynn/2017i.html#4 EasyLink email ad
http://www.garlic.com/~lynn/2017i.html#12 EasyLink email ad

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

Would encryption have prevented known major breaches?

From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: Would encryption have prevented known major breaches?
Newsgroups: bit.listserv.ibm-main
Date: 15 Sep 2017 15:03:02 -0700

we were somewhat involved in (original) cal. data breach notification
act ... having been brought in to help wordsmith the electronic
signature act and several of the players were heavily involved in
privacy ... and had done in depth public surveys and #1 was fraudulent
financial transactions somewhat as the result of various kinds of
breaches (before notification each member of public thot it was isolated
incident affecting only them).  Problem was that little or nothing was
being done about the breaches and it was hoped that publicity from the
notifications might prompt corrective action. The issue is that entities
normally take security measures in self interest/protection. In the case
of breaches, it wasn't the institutions that are at risk, but the
public. Since then there has been a dozen or so federal bills proposed
about evenly divided between those similar to the cal. state act and
those that effectively negate need for notification (in some cases,
specifying a combination of information compromised that would
essentially never occur).

electronic signature posts
http://www.garlic.com/~lynn/subpubkey.html#signature
data breach notification posts
http://www.garlic.com/~lynn/submisc.html#data.breach.notification

We had also been brought in as consultants into small client/server
startup that wanted to do payment transactions on their server, they
had also invented this technology called "SSL" they wanted to use, the
result is now frequently called "electronic commerce". Somewhat for
having done "electronic commerce", we get brought in to the X9A10
financial standard working group that had been given the requirement
to preserve the integrity of finanical infrastructure for *ALL*
retail payments. We did detailed end-to-end vulnerability and
exploit studies of various kinds of payments and eventually wrote a
standard that slightly changes the current paradigm ... and eliminates
the ability of crooks to use information from previous transactions,
records and/or account numbers to perform fraudulent transaction. As a
result it is no longer necessary to hide/encrypt such information
... either in transit and/or at rest (somewhat negating the earlier
work with SSL for electronic commerce).

some related information
http://www.garlic.com/~lynn/x959.html#x959
and
http://www.garlic.com/~lynn/subpubkey.html#x959

dual-use metaphor; transaction account number is used for business
processes and must be readily available for scores of business
processes at millions of locations around the planet. at the same time
it is used for authentication&authorization and therefor must *NEVER*
be divulged. The conflicting requirements has resulted in us observing
that even if the planet was buried under miles of information hiding
encryption, it still wouldn't stop information leakage

security proportional to risk metaphor; value of transaction information
to merchant is profit from the transaction ... possibly a couple of
dollars (and value to infrastructure operators a few cents) while the
value of the information to the crooks is the account balance and/or
credit limit. As a result, the crooks may be able to outspend attacking
the system by a factor of 100 times what the defenders can afford to
spend.

security proportional to risk posts
http://www.garlic.com/~lynn/submisc.html#security.proportional.to.risk

Part of the issue now is there are lot of stakeholders with vested
interest in the unchanged paradigm.

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

Destructive Stock Buybacks-That You Pay For

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Destructive Stock Buybacks-That You Pay For
Date: 15 Sept 2017
Blog: Facebook

Destructive Stock Buybacks-That You Pay For
https://www.counterpunch.org/2017/09/15/destructive-stock-buybacks-that-you-pay-for/

Then after Clinton pushed through congress a $1 million cap on CEO pay
that could be deductible, CEO compensation consultants wanted much of
CEO pay to reflect the price of the company's stock. The stock buyback
mania was unleashed. Its core was not to benefit shareholders (other
than perhaps hedge fund speculators) by improving the earnings per
share ratio. Its real motivation was to increase CEO pay no matter how
badly such burning out of shareholder dollars hurt the company, its
workers and the overall pace of economic growth. In a massive conflict
of interest between greedy top corporate executives and their own
company, CEO-driven stock buybacks extract capital from corporations
instead of contributing capital for corporate needs, as the capitalist
theory would dictate.

... snip ...

stock buyback posts
http://www.garlic.com/~lynn/submisc.html#stock.buyback

and central banks

BofA: $2 Trillion YTD In Central Bank Liquidity Is Why Stocks Are At
Record Highs
http://www.zerohedge.com/news/2017-09-15/bofa-2-trillion-ytd-central-bank-liquidity-why-stocks-are-record-highs
Central Banks Have Purchased $2 Trillion In Assets In 2017
http://www.zerohedge.com/news/2017-09-08/central-banks-have-purchased-2-trillion-assets-2017

ZIRP posts (and some buying assets)
http://www.garlic.com/~lynn/submisc.html#zirp

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

progress in e-mail, such as AOL

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: progress in e-mail, such as AOL
Newsgroups: alt.folklore.computers
Date: Sat, 16 Sep 2017 09:40:14 -0700

simon@twoplaces.co.uk (Simon Turner) writes:

Nobody cares about doing things right, or being secure: they just want
maximum convenience for them, and if that makes things inconvenient for
someone else, it's that person's fault for not fitting in with the norm.

this is part of being brought in small client/server startup that wanted
to do payment transactions on their server (they had also invented this
technology I called "SSL" they wanted to use, the result is now
frequently called "electronic commerce"). They had already done some
transaction prototype code for the server to payment networks. When I
was done, I pointed out that it takes 4-10 times the effort to take a
well designed and tested code and turn it into business quality
application/service.

Before he passed, the Internet Standards RFC editor, Postel would let me
help with the periodically issued STD1. He also sponsored my talk at ISI
(where he was located) for ISI and USC network security grad group on
why the internet wasn't business quality.

with regard to breaches (recently in the news) ... post from yesterday
in ibm mainframe mailing list
http://www.gralic.com/~lynn/2017i.html#16 Would encryption have prevented known major breaches?

one of the issues (from the original cal. state data breach notification
bill), normally entities take security measures in self
interest/protection, however, in the breach cases, the institutions
weren't at risk, it was the public. past posts
http://www.garlic.com/~lynn/submisc.html#data.breach.notification

recent posts mentioning "4-10 times the effort" and/or talk at ISI
why internet wasn't business quality
http://www.garlic.com/~lynn/2014d.html#101 Reflexivity
http://www.garlic.com/~lynn/2014f.html#13 Before the Internet: The golden age of online services
http://www.garlic.com/~lynn/2014m.html#86 Economic Failures of HTTPS Encryption
http://www.garlic.com/~lynn/2014m.html#117 Are we programmed to stop at the 'first' right answer
http://www.garlic.com/~lynn/2014m.html#146 LEO
http://www.garlic.com/~lynn/2015e.html#10 The real story of how the Internet became so vulnerable
http://www.garlic.com/~lynn/2015e.html#16 The real story of how the Internet became so vulnerable
http://www.garlic.com/~lynn/2017.html#27 History of Mainframe Cloud
http://www.garlic.com/~lynn/2017d.html#92 Old hardware
http://www.garlic.com/~lynn/2017f.html#23 MVS vs HASP vs JES (was 2821)

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

How to spot a dodgy company - never trust a high achiever

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: How to spot a dodgy company - never trust a high achiever
Date: 16 Sept 2017
Blog: Facebook

re:
http://www.garlic.com/~lynn/2017i.html#14 How to spot a dodgy company - never trust a high achiever
http://www.garlic.com/~lynn/2017i.html#17 Destructive Stock Buybacks-That You Pay For

long winded post from 1999 ...
http://www.garlic.com/~lynn/aepay3.htm#riskm

compaq/tandem/atalla had sponsored a security conference for me
... one of the participants pontificated on a number of things
... including the S&L crises (in above post). CITIBANK was largest
player in variable rate mortgage market and somebody did analysis that
small changes in FED rate would take down the bank. Then CITIBANK sold
off its mortgage portfolio, got out of the business, and had to take a
private bailout (from Saudis) to stay in business.

note:

Former CIA director and then VP repeatedly claimed that he knew
nothing about
http://en.wikipedia.org/wiki/Iran%E2%80%93Contra_affair
because he was fulltime administration point person deregulating
financial industry ... creating S&L crisis
http://en.wikipedia.org/wiki/Savings_and_loan_crisis
along with other members of his family
http://en.wikipedia.org/wiki/Savings_and_loan_crisis#Silverado_Savings_and_Loan
and another
http://query.nytimes.com/gst/fullpage.html?res=9D0CE0D81E3BF937A25753C1A966958260

S&L crisis posts
http://www.garlic.com/~lynn/submisc.html#S&L.crisis

another family member presides over the economic mess 70 times larger
than the S&L crises. S&L crisis had 1000 criminal convictions with
jailtime, proportionally the economic mess should have 70,000.

economic mess posts
http://www.garlic.com/~lynn/submisc.html#economic.mess

I was asked to help try and prevent the coming economic mess by
improving the integrity of supporting documents in securitized
mortgages. Securitization had been used during the S&L crises to
obfuscate fraudulent mortgages, the posterchild was mortgages on
office bldgs in the Dallas area that turned out to be empty lots. Some
number of investment bankers had walked away "clean" from the S&L
crises and were then doing Internet IPO mills (invest a few million,
hype, and then IPO, the companies then needed to fail so that the
landscape was free for the next round of IPOs), and were predicted
next to get into mortgages (again).

They then find that they can pay rating agencies for "triple-A"
ratings (when the rating agencies knew they weren't worth triple-A,
from Oct2008 congressional testimony into role rating agencies
played). Triple-A trumps supporting documents and they can start doing
no-documentation, liar loans, securitize, pay for triple-A and sell
off as fast as they can be made. Triple-A eliminates any need to care
about borrower's qualifications or loan quality, enables being able to
sell to entities restricted to only dealing in "safe" investments
(like large pension funds) and largely enables being able to do over
$27T (trillion) 2001-2008.

more than you ever want to know.

BofA was national bank in SanFran that also owned some number of
regional banks. BofA was taken over by NationsBank ... and everything
rebranded as BofA. After economic mess BofA (aka nationsbank) buys
Countrywide ... head of countrywide is #1 on times list of those
responsible for the economic mess:
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877339,00.html

Congress was pressured to quickly approving TARP funds for bailout to
prevent economic collapse (for purchase of triple-A rated, offbook
toxic assets). However only $700B was appropriated and YE2008, just
the four largest too big to fail were still holding $5.2T (trillion)
... with CITIBANK holding the largest amount. TARP was then used for
other purposes and behind the scenes the FED was providing the
trillions for the bailout (some claims that bailouts were in part gift
to Saudis & CITIBANK).

triple-A rated toxic CDO posts
http://www.garlic.com/~lynn/submisc.html#toxic.cdo
Too Big To Fail posts
http://www.garlic.com/~lynn/submisc.html#too-big-to-fail

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

Positioning the read pointer of a Windows file

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: Positioning the read pointer of a Windows file
Newsgroups: comp.lang.rexx
Date: Sat, 16 Sep 2017 23:31:37 -0700

LesK <5mre20@tampabay.rr.com> writes:

Not a literal 'insert' of course, but a 'logical' one. In VM I'd use
several COPYFILE commands to a temp file and then do the necessary
RENAME commands as an atomic unit (which guarantees success or failure
of all of them) then ERASE the original file if the renames worked.

I'd guess you would do something effectively the same with Classic
Rexx commands using linein and lineout. Is that right?

What would that piece of code look Like?

original (CP/40, CP/67) CMS edit command did that, read from original
file, make changes and output to working file, with file command ... it
would tben erase original file and rename the working file as atomic
operation

for a little drift, pg. 220, plm

OPERATION: UPDISK is the routine that updates the user file directory
for a given disk.  It is called in one of two ways: when FINIS has
closed the last open output file for a given disk disk, it calls the
first entry to update the UFD for the disk; when ERASE finds a file to
be erased it first calls the second entry to reserve some tracks, then
does its erasing function, then calls the third entry to write the new
UFD on disk.

This logic makes possible what is called a "double directory" scheme,
wherein the old directory still exists on disk until the MFD itself is
finally rewritten on record 4 of the disk, completing the new directory.
If the system is interrupted in any way in the middle of the process,
the old directory is still intact, and any old files pointed to thereby
are still intact.

...

It turns out the above is almost true .. CKD disks had a failure mode
with power failure in the middle of write ... processor memory stops
transmitting, but controller has enough residual power to finish the
write (propagating all zeros) and then write correct checksum/ECC.  Not
only MFD at record 4, but problem for OS VTOC, DBMS log records, etc

In the 70s, this was fixed in CMS with the extended file system
... which went to alternating MFD at records 4&5. Any power failure with
propagated zeros would not be taken as most recent MFD.

fixed-block disks have countermeasure, where it wouldn't write a record
until the complete information was available. Real CKD disks haven't
been made in decades ... all being emulated on industry standard
fixed-block disks ... so some of these other systems would no longer
suffer from such CKD failure modes.

posts mentioning ckd, fba, multi-track search, etc
http://www.garlic.com/~lynn/submain.html#dasd

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

The FTC says it's investigating the Equifax hack

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: The FTC says it's investigating the Equifax hack
Date: 16 Sept 2017
Blog: Facebook

The FTC says it's investigating the Equifax hack
http://markets.businessinsider.com/news/stocks/equifax-data-breach-ftc-investigation-2017-9-1002370706

we were somewhat involved in (original) cal. data breach notification
act ... having been brought in to help wordsmith the electronic
signature act and several of the players were heavily involved in
privacy ... and had done in depth public surveys and #1 was fraudulent
financial transactions somewhat as the result of various kinds of
breaches (before notification each member of public thot it was
isolated incident affecting only them).  Problem was that little or
nothing was being done about the breaches and it was hoped that
publicity from the notifications might prompt corrective action. The
issue is that entities normally take security measures in self
interest/protection. In the case of breaches, it wasn't the
institutions that are at risk, but the public. Since then there has
been a dozen or so federal bills proposed about evenly divided between
those similar to the cal. state act and those that effectively negate
need for notification (in some cases, specifying a combination of
information compromised that would essentially never occur).

electronic signature posts
http://www.garlic.com/~lynn/subpubkey.html#signature
data breach notification posts
http://www.garlic.com/~lynn/submisc.html#data.breach.notification

We had also been brought in as consultants into small client/server
startup that wanted to do payment transactions on their server, they
had also invented this technology called "SSL" they wanted to use, the
result is now frequently called "electronic commerce". Somewhat for
having done "electronic commerce", we get brought in to the X9A10
financial standard working group that had been given the requirement
to preserve the integrity of finanical infrastructure for *ALL* retail
payments. We did detailed end-to-end vulnerability and exploit studies
of various kinds of payments and eventually wrote a standard that
slightly changes the current paradigm ... and eliminates the ability
of crooks to use information from previous transactions, records
and/or account numbers to perform fraudulent transaction. As a result
it is no longer necessary to hide/encrypt such information ... either
in transit and/or at rest (somewhat negating the earlier work with SSL
for electronic commerce).

some related information
http://www.garlic.com/~lynn/x959.html#x959
and
http://www.garlic.com/~lynn/subpubkey.html#x959

dual-use metaphor; transaction account number is used for business
processes and must be readily available for scores of business
processes at millions of locations around the planet. at the same time
it is used for authentication&authorization and therefor must
*NEVER* be divulged. The conflicting requirements has resulted in us
observing that even if the planet was buried under miles of
information hiding encryption, it still wouldn't stop information
leakage

security proportional to risk metaphor; value of transaction
information to merchant is profit from the transaction ... possibly a
couple of dollars (and value to infrastructure operators a few cents)
while the value of the information to the crooks is the account
balance and/or credit limit. As a result, the crooks may be able to
outspend attacking the system by a factor of 100 times what the
defenders can afford to spend.

security proportional to risk posts
http://www.garlic.com/~lynn/submisc.html#security.proportional.to.risk

Part of the issue now is there are lot of stakeholders with vested
interest in the unchanged paradigm.

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

Dotcom Bubble

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Dotcom Bubble
Date: 17 Sept 2017
Blog: Facebook

1999 I was asked to try & help stop the economic mess. I was told that
some investment bankers had walked away "clean" from the S&L crises,
were then running Internet IPO mills (put in a few million, hype for a
year or two, IPO for a couple billion, objective was it fails so field
is clear for next round of IPOs, pump&dump but on larger scale), and
were predicted next to get into securitized mortgages.

"economic mess" posts
http://www.garlic.com/~lynn/submisc.html#economic.mess
S&L crises post
http://www.garlic.com/~lynn/submisc.html#S&L.crisis
triple-A rated toxic CDO posts
http://www.garlic.com/~lynn/submisc.html#toxic.cdo

Not long later, I was in a financial standards meetings hosted by
large financial lobbying organization in DC. during the meeting I was
asked to step out, there was somebody there to see me. I was taken to
an office and introduced to somebody from a NJ ethnic organization who
said some investment bankers had asked him to talk to me. It wasn't
personal, purely business, they were expecting $2B from upcoming
Internet IPO and my criticism of that Internet technology was
predicted to have a $200M downside ... and would I shut up. I went to
some Federal LEOs and they said ... yep, investment bankers are like
that, amoral and sociopaths.

past posts mentioning visit:
http://www.garlic.com/~lynn/2013m.html#28 The Reformers
http://www.garlic.com/~lynn/2014g.html#61 Association Of Certified Fraud Examiners Release 2014 Report On Fraud
http://www.garlic.com/~lynn/2014g.html#94 Why Financialization Has Run Amok
http://www.garlic.com/~lynn/2016.html#10 25 Years: How the Web began
http://www.garlic.com/~lynn/2016d.html#7 Study: Cost of U.S. Regulations Larger Than Germany's Economy
http://www.garlic.com/~lynn/2016d.html#19 Banking; The Book That Will Save Banking From Itself
http://www.garlic.com/~lynn/2016g.html#83 Ma Bell is coming back and, boy, is she pissed! She bought Bugs Bunny!
http://www.garlic.com/~lynn/2016g.html#87 Finance Is Not the Economy
http://www.garlic.com/~lynn/2017d.html#74 Trump delay of the 'fiduciary rule' will cost retirement savers $3.7 billion

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

progress in e-mail, such as AOL

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: progress in e-mail, such as AOL
Newsgroups: alt.folklore.computers
Date: Sun, 17 Sep 2017 21:24:15 -0700

hancock4 writes:

I'm wasn't aware of that.  But doesn't ISPF run under TSO?  I was
thinking of applications running under CICS, but with conventional
(actually, old style mapping).

They certainly do support a GUI screen with CICS/COBOL behind it,
indeed, to me, it seems that would be the best of both worlds.  But,
FWIW, my employer wasn't big on that.

ISPF ... TSO usually used to run ISPF
https://en.wikipedia.org/wiki/ISPF

I've pontificated before about 23Jun1969 unbundling announcement
started charging for application software.
http://www.garlic.com/~lynn/submain.html#unbundle

and revenue had to cover development, maintenance, support ... which
parts of IBM had difficulty dealing with. They had practice of
forecasting estimate of low, middle, & high price ... looking for total
revenue that met requirement. There was some number of products (like
JES2 networking) that didn't meet the requirement at any price. The
gimmick for JES2/NJI was to make a combined product announcement with
VM370 VNET/RSCS (networking) which as its own product met the
requirement at under $30. The combined product announcement allowed the
VM370 VNET/RSCS revenue to cover JES2/NJI expenses
http://www.garlic.com/~lynn/submain.html#hasp

By 1980, they decided that it would also work if both products were just
in the same organization. ISPF also didn't have revenue that met the
requirement ... but putting VM370 performance products (which had large
install base) and cutting support/mainteance to three people ... they
could use the VM370 revenue to underwrite ISPF development, maintenance,
and service costs (and charge a price that customers would be willing to
pay).

some past post about using VM370 to fund MVS products
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/2005t.html#40 FULIST
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/2007g.html#14 ISPF not productive
http://www.garlic.com/~lynn/2007g.html#44 1960s: IBM mgmt mistrust of SLT for ICs?
http://www.garlic.com/~lynn/2007i.html#82 Interrupts
http://www.garlic.com/~lynn/2007o.html#41 Virtual Storage implementation
http://www.garlic.com/~lynn/2007t.html#40 Why isn't OMVS command integrated with ISPF?
http://www.garlic.com/~lynn/2007t.html#42 What do YOU call the # sign?
http://www.garlic.com/~lynn/2009l.html#59 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#50 Call for XEDIT freaks, submit ISPF requirements
http://www.garlic.com/~lynn/2010m.html#84 Set numbers off permanently
http://www.garlic.com/~lynn/2011e.html#95 VM IS DEAD
http://www.garlic.com/~lynn/2011h.html#62 Do you remember back to June 23, 1969 when IBM unbundled
http://www.garlic.com/~lynn/2011o.html#20 3270 archaeology
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/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/2013b.html#26 New HD
http://www.garlic.com/~lynn/2013e.html#84 What Makes an Architecture Bizarre?
http://www.garlic.com/~lynn/2013i.html#36 The Subroutine Call
http://www.garlic.com/~lynn/2013k.html#27 Unbuffered glass TTYs?
http://www.garlic.com/~lynn/2014f.html#41 System Response
http://www.garlic.com/~lynn/2014f.html#89 Real Programmers
http://www.garlic.com/~lynn/2014h.html#103 TSO Test does not support 65-bit debugging?
http://www.garlic.com/~lynn/2014h.html#107 CMS Editors was TSO Test does not support 65-bit debugging?
http://www.garlic.com/~lynn/2014j.html#25 another question about TSO edit command
http://www.garlic.com/~lynn/2014l.html#48 IBM 'major announcement' points to deal on chip manufacturing
http://www.garlic.com/~lynn/2015.html#87 a bit of hope? What was old is new again
http://www.garlic.com/~lynn/2015d.html#33 Remember 3277?
http://www.garlic.com/~lynn/2017c.html#2 ISPF (was Fujitsu Mainframe Vs IBM mainframe)
http://www.garlic.com/~lynn/2017g.html#34 Programmers Who Use Spaces Paid More

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

Systemic Risk

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Systemic Risk
Date: 17 Sept 2017
Blog: Facebook

re:
http://www.garlic.com/~lynn/2017i.html#22 Dotcom Bubble

Computers are frequently billed as improving efficiency and used for
eliminating redundancy. Redundancy is critial in failure scenarios,
lack of redundancy can contribute to cascading failures ... sometimes
referred to as systemic risk (opposite of resilient; things can be
greater than the sum of their parts).
https://en.wikipedia.org/wiki/Systemic_risk

Could Market Complexity Trigger The Next Crash?
http://www.zerohedge.com/news/2017-09-13/could-market-complexity-trigger-next-crash

from decade earlier, illegal activity common place but don't have
to worry about SEC
http://nypost.com/2007/03/20/cramer-reveals-a-bit-too-much/

Former CIA director and then VP repeatedly claimed that he knew nothing about
http://en.wikipedia.org/wiki/Iran%E2%80%93Contra_affair
because he was fulltime administration point person deregulating financial industry ... creating S&L crisis
http://en.wikipedia.org/wiki/Savings_and_loan_crisis
along with other members of his family
http://en.wikipedia.org/wiki/Savings_and_loan_crisis#Silverado_Savings_and_Loan
and another
http://query.nytimes.com/gst/fullpage.html?res=9D0CE0D81E3BF937A25753C1A966958260

another family member presides over the economic mess 70 times larger
than the S&L crises. S&L crisis had 30,000 criminal referrals and 1000
criminal convictions with jailtime, proportionally the economic mess
should have 2.1M criminal referrals and 70,000 criminal convictions.

S&L crisis posts
http://www.garlic.com/~lynn/submisc.html#S&L.crisis
economic mess posts
http://www.garlic.com/~lynn/submisc.html#economic.mess

Jan. 2009 I was asked to HTML'ize the Pecora hearings (30s senate
hearings into '29 crash, resulted in criminal convictions) with lots
of internal xrefs and lots 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, but then I
got a call that it wouldn't be needed after all (references to
enormous mountains of wallstreet money totally burying the capital).

Pecora Hearings and/or Glass-Steagall posts
http://www.garlic.com/~lynn/submisc.html#Pecora&/orGlass-Steagall

past posts mentioing systemic risk
http://www.garlic.com/~lynn/aadsm10.htm#smallpay2 Small/Secure Payment Business Models
http://www.garlic.com/~lynn/aadsm2.htm#risk another characteristic of online validation.
http://www.garlic.com/~lynn/aadsm2.htm#straw AADS Strawman
http://www.garlic.com/~lynn/aadsm2.htm#strawm3 AADS Strawman
http://www.garlic.com/~lynn/aadsm27.htm#22 A crazy thought?
http://www.garlic.com/~lynn/aadsm3.htm#cstech7 cardtech/securetech & CA PKI
http://www.garlic.com/~lynn/aadsmail.htm#variations variations on your account-authority model (small clarification)
http://www.garlic.com/~lynn/aadsmail.htm#complex AADS/CADS complexity issue
http://www.garlic.com/~lynn/aadsmail.htm#parsim parsimonious
http://www.garlic.com/~lynn/aadsmail.htm#mfraud AADS, X9.59, security, flaws, privacy
http://www.garlic.com/~lynn/aadsmail.htm#vbank Statistical Attack Against Virtual Banks (fwd)
http://www.garlic.com/~lynn/aepay10.htm#13 Smartcard security (& PKI systemic risk) thread in sci.crypt n.g
http://www.garlic.com/~lynn/aepay10.htm#19 Misc. payment, security, fraud, & authentication GAO reports (long posting)
http://www.garlic.com/~lynn/aepay2.htm#fed Federal CP model and financial transactions
http://www.garlic.com/~lynn/aepay2.htm#cadis disaster recovery cross-posting
http://www.garlic.com/~lynn/aepay2.htm#aadspriv Account Authority Digital Signatures ... in support of x9.59
http://www.garlic.com/~lynn/98.html#41 AADS, X9.59, & privacy
http://www.garlic.com/~lynn/99.html#156 checks (was S/390 on PowerPC?)
http://www.garlic.com/~lynn/99.html#238 Attacks on a PKI
http://www.garlic.com/~lynn/99.html#240 Attacks on a PKI
http://www.garlic.com/~lynn/2000.html#36 "Trusted" CA - Oxymoron?
http://www.garlic.com/~lynn/2001c.html#34 PKI and Non-repudiation practicalities
http://www.garlic.com/~lynn/2001c.html#45 PKI and Non-repudiation practicalities
http://www.garlic.com/~lynn/2001f.html#35 Security Concerns in the Financial Services Industry
http://www.garlic.com/~lynn/2001n.html#54 The demise of compaq
http://www.garlic.com/~lynn/2002c.html#7 Opinion on smartcard security requested
http://www.garlic.com/~lynn/2002c.html#31 You think? TOM
http://www.garlic.com/~lynn/2002l.html#5 What good is RSA when using passwords ?
http://www.garlic.com/~lynn/2003l.html#64 Can you use ECC to produce digital signatures?  It doesn't see
http://www.garlic.com/~lynn/2003m.html#11 AES-128 good enough for medical data?
http://www.garlic.com/~lynn/2004j.html#2 Authenticated Public Key Exchange without Digital Certificates?
http://www.garlic.com/~lynn/2004j.html#5 Authenticated Public Key Exchange without Digital Certificates?
http://www.garlic.com/~lynn/2004j.html#14 US fiscal policy (Was: Bob Bemer, Computer Pioneer,Father of ASCII,Invento
http://www.garlic.com/~lynn/2005i.html#10 Revoking the Root
http://www.garlic.com/~lynn/2005i.html#11 Revoking the Root
http://www.garlic.com/~lynn/2005v.html#3 ABN Tape - Found
http://www.garlic.com/~lynn/2006e.html#26 Debit Cards HACKED now
http://www.garlic.com/~lynn/2006n.html#28 Key exchange
http://www.garlic.com/~lynn/2007c.html#17 Securing financial transactions a high priority for 2007
http://www.garlic.com/~lynn/2007l.html#12 My Dream PC -- Chip-Based
http://www.garlic.com/~lynn/2007l.html#39 My Dream PC -- Chip-Based
http://www.garlic.com/~lynn/2007l.html#41 My Dream PC -- Chip-Based
http://www.garlic.com/~lynn/2007l.html#48 My Dream PC -- Chip-Based
http://www.garlic.com/~lynn/2008c.html#44 Toyota Sales for 2007 May Surpass GM
http://www.garlic.com/~lynn/2008f.html#89 Bush - place in history
http://www.garlic.com/~lynn/2008f.html#94 Bush - place in history
http://www.garlic.com/~lynn/2008h.html#32 subprime write-down sweepstakes
http://www.garlic.com/~lynn/2008i.html#78 Hypothesis #4 -- The First Requirement of Security is Usability
http://www.garlic.com/~lynn/2008j.html#71 lack of information accuracy
http://www.garlic.com/~lynn/2008k.html#13 dollar coins
http://www.garlic.com/~lynn/2008k.html#19 dollar coins
http://www.garlic.com/~lynn/2008k.html#23 dollar coins
http://www.garlic.com/~lynn/2008l.html#42 dollar coins
http://www.garlic.com/~lynn/2008n.html#25 Blinkylights
http://www.garlic.com/~lynn/2008s.html#78 Boffins bust web authentication with game consoles
http://www.garlic.com/~lynn/2009.html#4 Is SUN going to become x86'ed ??
http://www.garlic.com/~lynn/2009c.html#32 How to defeat new telemarketing tactic
http://www.garlic.com/~lynn/2009d.html#30 I need insight on the Stock Market
http://www.garlic.com/~lynn/2009d.html#36 Bernanke Says Regulators Must Protect Against Systemic Risks
http://www.garlic.com/~lynn/2009d.html#40 Bernanke Says Regulators Must Protect Against Systemic Risks
http://www.garlic.com/~lynn/2009d.html#45 Bernanke Says Regulators Must Protect Against Systemic Risks
http://www.garlic.com/~lynn/2009d.html#46 Bernanke Says Regulators Must Protect Against Systemic Risks
http://www.garlic.com/~lynn/2009d.html#57 Lack of bit field instructions in x86 instruction set because of  patents ?
http://www.garlic.com/~lynn/2009e.html#23 Should FDIC or the Federal Reserve Bank have the authority to shut down and take over non-bank financial institutions like AIG?
http://www.garlic.com/~lynn/2009f.html#25 Is FINANCE the institutionalized form whereby (smart?) elites exact payment for the rest's being...?
http://www.garlic.com/~lynn/2009f.html#31 What is the real basis for business mess we are facing today?
http://www.garlic.com/~lynn/2009f.html#38 On whom or what would you place the blame for the sub-prime crisis?
http://www.garlic.com/~lynn/2009f.html#43 On whom or what would you place the blame for the sub-prime crisis?
http://www.garlic.com/~lynn/2009f.html#47 TARP Disbursements Through April 10th
http://www.garlic.com/~lynn/2009f.html#49 Is the current downturn cyclic or systemic?
http://www.garlic.com/~lynn/2009f.html#65 Just posted third article about toxic assets in a series on the current financial crisis
http://www.garlic.com/~lynn/2009g.html#1 Future of Financial Mathematics?
http://www.garlic.com/~lynn/2009g.html#5 Do the current Banking Results in the US hide a grim truth?
http://www.garlic.com/~lynn/2009g.html#31 OODA-loop obfuscation
http://www.garlic.com/~lynn/2009h.html#3 Consumer Credit Crunch and Banking Writeoffs
http://www.garlic.com/~lynn/2009h.html#29 Analysing risk, especially credit risk in Banks, which was a major reason for the current crisis
http://www.garlic.com/~lynn/2009i.html#74 Administration calls for financial system overhaul
http://www.garlic.com/~lynn/2009n.html#13 UK issues Turning apology (and about time, too)
http://www.garlic.com/~lynn/2009n.html#21 UK issues Turning apology (and about time, too)
http://www.garlic.com/~lynn/2009n.html#49 Opinions on the 'Unix Haters' Handbook'
http://www.garlic.com/~lynn/2010.html#37 Happy DEC-10 Day
http://www.garlic.com/~lynn/2010.html#64 Happy DEC-10 Day
http://www.garlic.com/~lynn/2010c.html#52 Happy DEC-10 Day
http://www.garlic.com/~lynn/2010c.html#53 Happy DEC-10 Day
http://www.garlic.com/~lynn/2010c.html#87 search engine history, was Happy DEC-10 Day
http://www.garlic.com/~lynn/2010h.html#22 In the News: SEC storms the 'Castle'
http://www.garlic.com/~lynn/2010k.html#29 Snow White and the Seven Dwarfs
http://www.garlic.com/~lynn/2010p.html#66 No command, and control
http://www.garlic.com/~lynn/2011.html#42 Looking for a real Fortran-66 compatible PC compiler (CP/M or DOSor Windows
http://www.garlic.com/~lynn/2011d.html#28 The first personal computer (PC)
http://www.garlic.com/~lynn/2011g.html#30 Bank email archives thrown open in financial crash report
http://www.garlic.com/~lynn/2011h.html#3 RSA Pawned - Black Queen runs amoc behind US lines of defence
http://www.garlic.com/~lynn/2011i.html#51 The OODA-loop "exit"
http://www.garlic.com/~lynn/2011j.html#24 rating agencies
http://www.garlic.com/~lynn/2011k.html#30 Regulators seek to plug derivatives data gaps
http://www.garlic.com/~lynn/2011k.html#56 50th anniversary of BASIC, COBOL?
http://www.garlic.com/~lynn/2011k.html#88 Justifying application of Boyd to a project manager
http://www.garlic.com/~lynn/2011l.html#10 Cracking the code
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#2 computer bootlaces
http://www.garlic.com/~lynn/2011n.html#3 Banks Face Ongoing Cyber Threats
http://www.garlic.com/~lynn/2011n.html#6 Founders of SSL Call Game Over?
http://www.garlic.com/~lynn/2011o.html#79 Why are organizations sticking with mainframes?
http://www.garlic.com/~lynn/2011p.html#7 FDR explains one dimension of our problem: bankers own the government
http://www.garlic.com/~lynn/2012b.html#35 Entropy and #SocialMedia
http://www.garlic.com/~lynn/2012b.html#65 Why Wall Street Should Stop Whining
http://www.garlic.com/~lynn/2012b.html#67 How Economists Contributed to the Financial Crisis
http://www.garlic.com/~lynn/2012c.html#44 New Citigroup Looks Too Much Like the Old One
http://www.garlic.com/~lynn/2012d.html#45 Banks Repaid Fed Bailout With Other Fed Money: Government Report
http://www.garlic.com/~lynn/2012e.html#53 GOLD STANDARD GOOD OR BAD?
http://www.garlic.com/~lynn/2012g.html#6 Adult Supervision
http://www.garlic.com/~lynn/2012i.html#17 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012j.html#61 The Myth of Password Complexity & Frequent Change Rules
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#64 Is there a connection between your strategic and tactical assertions?
http://www.garlic.com/~lynn/2012l.html#60 Singer Cartons of Punch Cards
http://www.garlic.com/~lynn/2012l.html#64 Singer Cartons of Punch Cards
http://www.garlic.com/~lynn/2012l.html#85 Singer Cartons of Punch Cards
http://www.garlic.com/~lynn/2012m.html#48 General Mills computer
http://www.garlic.com/~lynn/2013.html#62 Taleb On "Skin In The Game" And His Disdain For Public Intellectuals
http://www.garlic.com/~lynn/2013h.html#65 OT: "Highway Patrol" back on TV
http://www.garlic.com/~lynn/2013j.html#0 What Makes a Tax System Bizarre?
http://www.garlic.com/~lynn/2013n.html#86 A Little More on the Computer
http://www.garlic.com/~lynn/2015b.html#75 How Russia's S-400 makes the F-35 obsolete
http://www.garlic.com/~lynn/2015g.html#67 Economics Has a Math Problem
http://www.garlic.com/~lynn/2016.html#21 How Corrupt Is the American Government
http://www.garlic.com/~lynn/2016d.html#98 Trust in Government Is Collapsing Around the World

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virtualization experience starting Jan1968, online at home since Mar1970






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