List of Archived Posts

2012 Newsgroup Postings (09/10 - 09/29)

PDP-10 system calls, was 1132 printer history
PDP-10 system calls, was 1132 printer history
Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
a clock in it, was Re: Interesting News Article
How many subscribers?
Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design
Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design
Intel Confirms Decline of Server Giants HP, Dell, and IBM
spooks
cp67, vm370, etc
ibm
update/reseq
interactive, dispatching, etc
Why Auditors Fail To Detect Frauds?
Hundreds Of Billions Of Dollars Expected To Be Withdrawn From Swiss Banks Amid Tax Evasion Crackdown
The simplest High Level Language
RDBMSs timeline poster
How do you feel about the fact that today India has more IBM employees than any of the other countries in the world including the USA.?
Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design
Singer Cartons of Punch Cards
Chip and pin 'weakness' exposed by Cambridge researchers
Singer Cartons of Punch Cards
I.B.M. Mainframe Evolves to Serve the Digital World
Cultural attitudes towards failure
General Mills computer
Still think the mainframe is going away soon: Think again. IBM mainframe computer sales are 4% of IBM's revenue; with software, services, and storage it's 25%
General Mills computer
General Mills computer
General Mills computer
General Mills computer
General Mills computer
Why File transfer through TSO IND$FILE is slower than TCP/IP FTP ?
General Mills computer
General Mills computer
General Mills computer
Why File transfer through TSO IND$FILE is slower than TCP/IP FTP ?
General Mills computer
Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
General Mills computer
General Mills computer
General Mills computer
Official current definition of MVS
General Mills computer
Cultural attitudes towards failure
General Mills computer
General Mills computer
8-bit bytes and byte-addressed machines
General Mills computer
General Mills computer
General Mills computer
General Mills computer
General Mills computer
General Mills computer
General Mills computer
General Mills computer
General Mills computer
Another Light goes out
General Mills computer
Guest Post: Beakley on Boyd, Aerial Combat and the OODA-Loop
General Mills computer
General Mills computer
How do you feel about the fact that today India has more IBM employees than any of the other countries in the world including the USA.?
General Mills computer
General Mills computer
Long Strange Journey: An Intelligence Memoir
General Mills computer

PDP-10 system calls, was 1132 printer history

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: PDP-10 system calls, was 1132 printer history
Newsgroups: comp.lang.pl1, alt.folklore.computers
Date: Mon, 10 Sep 2012 10:32:51 -0400
Shmuel (Seymour J.) Metz <spamtrap@library.lspace.org.invalid> writes:
My recollection is that it was VM/SP, not the free VM.

re:
https://www.garlic.com/~lynn/2012l.html#99 PDP-10 system calls, was 1132 printer history

work starting on the 3092 service processor before vm/sp even appeared old email from the group wanting to ship my dumprx as part of 3092
https://www.garlic.com/~lynn/2010e.html#email861031
https://www.garlic.com/~lynn/2010e.html#email861223

mentions CP SEPP REL 6 PLC29 ... with 4331 ... lots of changes/updates to CP to handle probes into 3090 TCMs. SEPP&BSEPP were extra priced addons. things then switched to pair of 4361s.

3090 processor complex, mentions 3092 processor controller requires two IBM 3370 FBA (lots of 3090 were for MVS which has yet to provide anything other than CKD support ... even tho no real CKD disks have been manufactured for decades)
http://www-03.ibm.com/ibm/history/exhibits/mainframe/mainframe_PP3090.html

recent post mentioning DUMPRX
https://www.garlic.com/~lynn/2012l.html#71 Strings (hijacked from: The IBM zEnterprise EC12 announcment)

references that although I was never able to get dumprx shipped (to customers), it was used by nearly every internal datacenter as well as customer support PSRs.

past posts mentioning DUMPRX
https://www.garlic.com/~lynn/submain.html#dumprx

past posts mentioning CKD disks
https://www.garlic.com/~lynn/submain.html#dasd

trivia: manager that drove moving service processor of RYO implementation ... done from scratch for 3081 UC-based service processor ... to vm370 (and initially managed the effort) ... was also active in "Tandem Memos" ... which may contributed to some corporate troubles he had later

Reference from IBM Jargon:
Tandem Memos - n. Something constructive but hard to control; a fresh of breath air (sic). That's another Tandem Memos. A phrase to worry middle management. It refers to the computer-based conference (widely distributed in 1981) in which many technical personnel expressed dissatisfaction with the tools available to them at that time, and also constructively criticized the way products were [are] developed. The memos are required reading for anyone with a serious interest in quality products. If you have not seen the memos, try reading the November 1981 Datamation summary.

... snip ...

I had been blamed for online computer conferencing (including "Tandem Memos") on the internal network in the late 70s and early 80s. Folklore is when executive committee (chairman, ceo, pres, etc) were told about online computer conferencing (and the internal network), 5of6 wanted to fire me.

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

PDP-10 system calls, was 1132 printer history

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: PDP-10 system calls, was 1132 printer history
Newsgroups: comp.lang.pl1, alt.folklore.computers
Date: Mon, 10 Sep 2012 10:49:59 -0400
glen herrmannsfeldt <gah@ugcs.caltech.edu> writes:
If I remember, OS/360 loops through memory every 2K or so until it gets an addressing exception. I don't know about DOS/360.

initial vm370 used mvcl ... new incremental, interruptable 370 "long" instruction ... in boot generation process ... DMKCPI ... the vm370 version of cp67 cpinit ... discussed:
https://www.garlic.com/~lynn/2012l.html#98 PDP-10 system calls, was 1132 printer history

360 all instructions prechecked start & end operand address for available, storage fetch/store ... and failed before execution. the 370 incremental instructions were not suppose to precheck ... but execute a byte at a time and only fail when got to problem storage. DMKCPI before generating new kernel writing to disk ... would execute MVCL with zero from, zero pad byte and 16mbyte to length. Instruction should clear all of real storage and fail when it reached the end of storage.

vm370 wasn't announced for 370/125 ... but there was customer that wanted to run it on 256mbyte 370/125 anyway. problem was that it could move a disk (with generated vm370 kernel) from another machine to 370/125 ... but attempting to generate vm370 on the 370/125 failed.

I got con'ed into going by the customer to give them a hand (Norwegian shipping company with offices in manhatten). Also, vm370 kernel fixed storage was around 120kbytes ... taking up half of available memory. As undergraduate ... I had done quite a bit of work on cp67 trying to get it down to 60kbytes ... including "pageable" cp kernel functions (while quite a bit of my cp67 changes shipped to customers, that didn't ... but appeared in vm370 ... but vm370 bloat still had 120kbyte fixed storage requirement with pageable kernel functions). For this customer, I got vm370 fixed storage down to almost 80kbytes ... which helped with performance (and memory constrained machines).

The problem with generating new vm370 turned out to be a micrcode bug in 125. the 370/125 (and 370/115) and been in field for some time ... but they were still doing operand start&end operand address check on the incremental instructions. As a result, vm370 DMKCPI would fail on MVCL instruction w/o having done anything ... residual to length was still 16mbytes ... implying the machine had zero storage.

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

Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

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From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
Newsgroups: bit.listserv.ibm-main
Date: 10 Sep 2012 09:22:01 -0700
jwglists@GMAIL.COM (John Gilmore) writes:
The answer to this question is yes. z/Architecture channel-based I/O is very different from that used by, for example, Intel servers. In particular it uses many fewer cp[u] cycles, and its permits many independent I/O operations to be executed concurrently and asynchronously.

I've claimed this became a marketing myth when 3090 was forced to add a lot more channels when they discovered how bad the 3880 disk controller was. 3090 planned number channels assuming 3880 would have similar channel busy overhead as 3830 controller ("feature a bug"). However, in the move from 3830 to 3880, they went from a fast horizontal microcode microprocessor to a slow vertical microcode microprocessor (with separate hardware path for data transfer). The slow 3880 microprocessor signicantly increased channel busy for disk operations ... exhacerbated by the half-duplex bus&tag operations ... need end-to-end synchronous turn-around for operations and the CKD dasd channel program characteristics.

The net was 3090 had to significant increase the number of channels (to offset the per operation 3880 channel busy overhead ... attempting to obtain target aggregate input/output operations per second, IOPS), which required additional TCM, which increased 3090 manufacturing costs. There were jokes about 3090 group billing the 3880 group for the additional 3090 manufacturing costs.

for non-mainframe world, the late 80s saw a big effort to improve thruput by moving to serial, asynchronous technology. This shows also up with IBM Harrier (9333 which becomes SSA) in the early 90s. Basically the equivalent of the channel program is shipped as data to the controller. the serial dedicated write&read data paths operate asynchronously with large number of concurrent operation (thruput tied to media transfer rate) and none of the half-duplex end-to-end latency overhead characteristic of ibm channels (which then necessitated the large number of channels to compensate for the heavy operational overhead). This includes 9333/SSA, FCS (which IBM layers FICON on top), SCI, SATA and various other serial, asynchronous technologies. recent posts discussing SSA (and other serial technologies)
https://www.garlic.com/~lynn/2012k.html#69 ESCON
https://www.garlic.com/~lynn/2012k.html#77 ESCON
https://www.garlic.com/~lynn/2012l.html#30 X86 server
mentioned in above SSA wiki
https://en.wikipedia.org/wiki/Serial_Storage_Architecture
and in this old post, I tried to get 9333 evolution to be interoperable with fibre-channel
https://www.garlic.com/~lynn/95.html#13
mentions that SSA "lost out" to fiber channel ... shouldn't have been a win/loose ... should have been interoperable
https://en.wikipedia.org/wiki/Fibre_Channel

IBM channel mythology was various technology trade-offs from the 60s, channels had more logic so there needed to be less in controllers and devices ... real storage was scarce ... so rather than local storage in controllers and devices ... channels provided ability for controllers/devices to utilize main/processor memory for control operation information, etc. The other savings trade-off across most of the 360 & 370 line was integrated channels ... i.e. the function was actually provided by the same processor that executed mainframe instructions. The serial, asyncrhonous technology allowed the paradigm to be changed, take advantage of change in resource technology trade-offs and efficiently ship the I/O program out to the controller/device for local execution.

60s, also had channel programs built in application space and data transfer moving direct to/from application address space. Other systems tended to have lots of data movement between application space and the supervisor/kernel before doing I/O.

The application built channel programs introduced extra overhead when mobing to 16mbyte virtual memoy ... for initial VS2 implementation ... the CCWTRANS channel program translator from (virtual machine) cp67 was wired into the side of EXCP processing ... the application channel program scanned, a duplicate created ... substituting real address in channel program for the application virtual addresses. some historic discussion on this
https://www.garlic.com/~lynn/2011d.html#73 Multiple Virtual Memory

Also, in the late 80s (concurrent with the appearance of serial, asynchronous I/O, in-place of half-duplex buses/channels) was open systems support for application space direct i/o transfers (similar to os/360 60s paradgim). This was driven by the large RDBMS vendors going to significant increase in thruput (initially done as "raw" devices, RDBMS had direct control of the disks bypass operating system facilities, but eventually major operating system RDBMS platforms started providing direct transfers support).

The network non-disk transfers was another major area. In the late 80s, I was involved on reducing pathlength to 5k instructions and five buffer copies ... for 8k-block transfers. This compared to equivalent VTAM function requiring 160k instruction pathlength and 15 buffer copies, Since that time, in large part driven by the enormous cluster supercomputer operations ... the other platforms are providing further pathlength reduction and elimination of buffer copies ... being able to do direct application transfers.

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

Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

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From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
Newsgroups: bit.listserv.ibm-main
Date: 10 Sep 2012 10:36:33 -0700
steve@TRAINERSFRIEND.COM (Steve Comstock) writes:
Well, all the below is interesting history (as usual), but I'm interested in what you believe is true today regarding your statement above. ("I've claimed ..." : do you still claim that? What, in your opinion, is John Gilmore's stand: true or false?

re:
https://www.garlic.com/~lynn/2012m.html#2 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

lets say z eliminated all channel program single CCW execution at a time latency/overhead and ships complete channel program down to the controller/device (aka justification for large number of channels was to handle the inefficiencies having the controller/device always having to go back to processor memory), ... then FICON still adds an extra layer & inefficiency on top of underlying fibre-channel ... and CKD emulation adds an extra emulation layer & inefficiency on top of industry standard disks.

There are lots of intel & risc benchmarks on how well they do ... but I haven't been able to find the same benchmark numbers for z operation ... so don't have how bad these legacy issues degrade z operation. I86 & risc need fibre-channel links purely for the aggregate data transfer requirements ... additional large numbers aren't needed for the vaquries of legacy channel program operation ... purely for the aggregate data transfer requirements.

pretty much anytime there is talk about large number of channels ... and not talking about aggregate data transfer throughput ... it is related to mainframe legacy channel program problems. i86 & risc theoretically can get nearly 100% utilization concurrently on both the inbound and outbound fibre-channel links
https://en.wikipedia.org/wiki/Fibre_Channel

with 16GFC i86/risc should be capable of nearly 3.2Gbyte/sec full-duplex. Additional links become a thruput issue as opposed to needing paths to handle legacy channel program chatter and inefficiency. since at least 3090, large number of channels have been featuring a "bug" with the enormous thruput penalty paid by legacy mainframe channel operation (compared to shipping the channel program out to the controller/device for remote, asynchronous execution).

lots of the mainframe/non-mainframe issues repeat 60s-80s stuff. Lots of the mainframe issues from the 60s that were positive trade-offs have turned negative ... and lots of the non-mainframe stuff from the 80s has been completely changed. The i86/risc have been much more agile and adaptable to the introduction of new technology and paradigms. Sometimes there are comparisons between mainframe & desktops ... when there will be significant throughput differences between desktops and servers.

there are lots & lots of published benchmark numbers for both the desktops and servers. Problem is that there aren't the equivalent numbers for mainframes ... so need to infer differences based on known structural differences.

driving factors in i86 have been the big numeric intensive cluster supercomputers ... that at least require super efficient, high-bandwidth network throughput between members in the clusters (as well as processor power), similar but different, the large cloud mega-datacenters that require efficient network bandwidth and efficient disk operation (somewhat more price sensitive processor power, network thruput and disk efficiency), and the large RDBMS vendors that require efficient disk operation.

This FICON express zhpf seems to show starting to come closer to what is expected of native fibre channel i86/risc
http://www-03.ibm.com/systems/z/hardware/connectivity/ficon_performance.html

also PCIe interface was original native development for i86.

This hs23 (e5-2600) blade abstract ... doesn't quite have the equivalent kind offiber channel numbers ... but mentions lots of ibm "high-performance" references ... including replacing spinning disks with SSD can get 100 times more I/O operations per second ...
http://www.research.ibm.com/about/top_innovations_history.shtml
part of any I/O limitation of hs23 can be how much can be crammed into HS23 blade formfactor (although allowing up to four expansion blades
http://www-01.ibm.com/common/ssi/cgi-bin/ssialias?infotype=dd&subtype=ca&&htmlfid=897/ENUS112-044

the z ficon numbers seem to be doing hardware function level substituting for large number of system level benchmarmks that are readily available for all the other platforms. the controller vendors do talk about multi-gbyte system thruput and large hundreds of thousands IOP ... apparently expected that high-performance servers would obviously be able to handle 100% media thruput data rates.
https://www.garlic.com/~lynn/2012l.html#100 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

this claims e5-2600 275,000 physical IOPS (with some form of benchmark)
http://kevinclosson.wordpress.com/2012/06/10/simple-slob-init-ora-parameter-file-for-read-iops-testing/

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

Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
Newsgroups: bit.listserv.ibm-main
Date: 10 Sep 2012 16:23:59 -0700
glen herrmannsfeldt <gah@ugcs.caltech.edu> writes:
For unix/dos/windows file systems, though, there needs to be a disk cache where FBA blocks are brought into memory and the appropriate bytes copied to user space. Now, the caching ability of that likely helps much of the time, but it isn't so different from what CKD emulation has to do.

re:
https://www.garlic.com/~lynn/2012m.html#2 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#3 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

but major server apps & rdbms on those platforms do direct disk i/o w/o system caching (and/or rdbms do their own caching) .... they also do direct i/o for network lan. the application direct disk i/o was part of what drove POSIX asynch I/O specifications in the late 80s.

problem is since there haven't been industry standard benchmarks published for mainframe ... it takes some digging trying to uncover apples-to-apples.

FICON architecture layered half-duplex channel paradigm on top of industry standard fibre channel. As a result, it needed to keep track of "open exchanges" ... here it increases max from 60 to 600
ftp://ftp.software.ibm.com/common/ssi/sa/wh/n/zsw03059usen/ZSW03059USEN.PDF

above also has z10 ficon express4 31,000 maximum 4kbyte I/Os per second or 124MBYTE/sec

base fibre channel didn't need that overhead ... just send out i/o program to controller/device for execution.

this has zhpf at 92,000 4k channel i/os per second and 368MBYTE/sec increases to 1600MBYTE/sec with large sequential read/write mix
http://www-03.ibm.com/systems/z/hardware/connectivity/ficon_performance.html

this has z/os max. z196 with peak of 2million 4k I/O ops/second
ftp://public.dhe.ibm.com/common/ssi/ecm/en/zsw03169usen/ZSW03169USEN.PDF

from above: zHPF improves upon FICON by providing a Transport Control Word (TCW) that facilities processing of an I/O request by the channel and the contorl unit (and improves throughput compared to original FICON CCW at a time processing). The TCW has capability that enables multiple channel commands to be sent to the control unit as a single entity instead of as separate comands as in FICON CCW (zHPF/TCW partially implements the original underlying fibre channel design point from the late 80s nearly 25yrs ago).

Figure 6 on pg9 shows how zHPF improves over FICON ... and starts to approach the throughput of the native fibre channel implementation and the original native fibre channel design point from 25yrs ago.

The 2M 4k I/O ops/second is max 80 processor z196 with (max) 14 system assist processors (theoretically maximum is 2.2M SSCH running all 14 system assist processors at 100% utilization) and 104 FICON Express8 channels to 11 storage subsystems.

this claims for e5-2600, latest emulex delivers over one million IOPS on a single channel and doubles the bandwidth of previous generation
http://www.emulex.com/artifacts/0c1f55d0-aec6-4c37-bc42-7765d5d7a70e/elx_wp_all_hba_romley.pdf

One question are the FICON Express8 channels actually 104 different fibre-channel channels? ... aka the 2.2M ops are spread across 104 different fibre-channel channels ... while a single Emulex fiber-channel channel is able to do 1M ops.

The previous reference has LSI storage subsystem capable of 724K IOPS and peak 5Gbyte/sec while the Adaptec storage subsystem is 450K IOPS and 6.6Gbyte/sec

The mainframe numbers appear that it can do peak of 92k IOPS on single channel with zHPF (& TCW with some i/o program batching attempting to approach base fibre channel paradigm) and maxed. out z196 is capable of 2M IOPS with 14 dedicated system assist processors and 104 channels (although theoretically 104*92 = 9.6M IOPS ... while each emulex channel is capable of 1M IOPS).

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

Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

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From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
Newsgroups: bit.listserv.ibm-main
Date: 11 Sep 2012 07:09:35 -0700
lynn@GARLIC.COM (Anne & Lynn Wheeler) writes:
FICON initially just mapped on top of underlying fibre channel ... ignoring all the i/o program batching ... finally FICON starts with zHPF and TCW.

re:
https://www.garlic.com/~lynn/2012m.html#2 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#3 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#4 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

As I've referenced numeruous times (ever since early 90s fibre channel standards meetings) ... FICON was effectively really ugly and unnatural layering of traditional mainframe channel paradigm on top of base fibre channel ... enormously cutting effective thruput. zHPF and TCW significantly improves FICON thruput ... partially recreating the original underlying fibre channel paradigm as another layer ontop, starting to approach the underlying, native fibre channel thruput.

individual zHPF fibre channel peak at 92k IOPS (significant improvement compared to base FICON but less than 1/10th 1M IOPS emulex fibre channel for e5-2600) and 104 zHPF channels has theoritical peak of 9.6M IOPS ... but max z196 peaks 2M IOPS and the 14 system assist processors saturates (all running at 100% utilization) at theoritical peak 2.2M IOPS.

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

Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
Newsgroups: bit.listserv.ibm-main
Date: 11 Sep 2012 08:00:09 -0700
lynn@GARLIC.COM (Anne & Lynn Wheeler) writes:
oops, late 80s is 25yrs ago ... not 35yrs ... finger slip.

re:
https://www.garlic.com/~lynn/2012m.html#2 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#3 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#4 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#5 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

but this was 35yrs ago ... they use to let me wander around bldg 14&15 (disk engineering and disk product test) and let me play disk engineer. at the time, the machine rooms had lots of mainframes and "testcells" (individual secured wire cages ... additional layer of security inside machine rooms). They were scheduling the mainframes for stand-alone, dedicated, individual testing at a time, 7x24. They had attempted to use MVS for concurrent testing but found (in that environment), MVS had 15min MTBF hang/failure requiring manual re-ipl. I offered to rewrite i/o supervisor making it absolute bullet-proof and never fail (allowing for arbitrary, concurrent, on-demand/unscheduled testing, greatly improvement productivity)

a lot of 370xa ssch justification was to compensate for the horrible performance penalty in the MVS interrupt processing pathlength ... along with lost thruput because of long delay it took to redrive a device (with queued request) after taking interrupt. Part of bullet-proof, never fail I/O supervisor, I thought I would also demonstrate the absolute minimum, optimized, pathlength for interrupt & device I/O redrive (while at the same time not sacrificing any ras &/or integrity) ... showing that the case for ssch could be significantly reduced ... except for the enormous overhead in MVS.

The first time they put engineering 3880 into production use with 16 3330 drives and live load ... the superfast redrive turned up some performance issues with the 3880 implementation. They couldn't fix all the performance issues ... but attempted to at least mask some of the issues (as I previously mentioned the slow processor in 3880 significantly drove up channel busy to perform any operation). The engineers hated having to use the slow processor ... making snide remarks about some bean-counter in the executive ranks thought it might save a few pennies. recent post mentioning high 3880 channel busy required significant increase in 3090 channels
https://www.garlic.com/~lynn/2012l.html#30 X86 server

I then wrote up a (internal only) report on the work, describing how to make a bullet-proof, never-fail I/O supervisor ... but also happened to mention the MVS 15min MTBF. This brought down the wrath of the MVS organization on my head (they would of had me fired if they could figure out how to do it), which would linger on for the rest of my time at IBM.

Note that just prior to 3880 customer ship ... field engineering had regression error test cases that would result in requiring reipl of MVS and in 2/3rds of the cases not even recording cause of the failure. old email reference:
https://www.garlic.com/~lynn/2007.html#email801015
in this post
https://www.garlic.com/~lynn/2007.html#2 The Elements of Programming Style

misc. past posts about getting to play disk engineer in bldgs. 14&15
https://www.garlic.com/~lynn/subtopic.html#disk

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

Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **
From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
Newsgroups: bit.listserv.ibm-main
Date: 11 Sep 2012 09:11:46 -0700
sipples@SG.IBM.COM (Timothy Sipples1) writes:
Almost everyone here would. These are mainframes, with PR/SM and LPARs proven to Common Criteria EAL5+ certification standards. Regardless of the operating system(s) running in particular LPARs.

sometimes EAL certifications can be misleading. I was at briefing that said of 64 or so "identical" EAL certifications ... 60 had unpublished deviations.

I designed a "secure" chip that I finally got EAL4+ certification ... but there were similar chips with EAL6+ certifications. I claimed that my chip was more secure than any of the EAL6+ certified chips. The main difference was my evaluation was with crypto and all applications ready to be handed to customers. The EAL6+ certified chips didn't have any software/applications ... so the certification wasn't on actual real-world operation ... but just some of its physical characters (joke was it is possible to do have a protection profile for physical dimensions and do EAL6+ evaluation on physical dimensions).

I had originally planned for at least EAL5+ certification ... but the on-chip crypto I had, NIST had recently pulled the evaluation criteria for the crypto certification higher than EAL4+ ... so evaluation was limited to EAL4+ certification.

recent posts (i86) capability system design for EAL7+ evaluation ... descendent of GNOSIS operating system done for 370 by one of the (370) online virtual machine based service bureaus.
https://www.garlic.com/~lynn/2012i.html#43 Virtual address Memory Protection Unit
https://www.garlic.com/~lynn/2012i.html#59 Operating System, what is it?

nearly anybody can write a protection profile that is used for evaluation. there are some recent push to bring all protection profiles under control of ***.

I've been admonished a few times by *** for critizing the protection profile infrastructure compared to orange book.

past posts in this thread:
https://www.garlic.com/~lynn/2012l.html#56 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#57 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#59 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#70 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#81 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#87 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#88 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#90 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#100 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#2 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#3 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#4 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#5 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#6 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

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

a clock in it, was Re: Interesting News Article

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: a clock in it, was Re: Interesting News Article
Newsgroups: rec.arts.sf.written, alt.folklore.computers
Date: Tue, 11 Sep 2012 17:12:20 -0400
Morten Reistad <first@last.name> writes:
In terms of IP standards the first Arcnet rfc (1051) predates the first Avaian carrier (rfc1149) one by more than two years.

Datapoint's Arcnet is really ancient datacomms history.


for other rfc trivia ... i had done rfc1044 support in mainframe tcp/ip product support. mainframe tcp/ip product was done for vm/370 implemented in pascal. for various reasons, it thruput was approx. 44kbytes/sec using 3090 processor. I did the rfc1044 support and in some tuning tests at cray research got channel media thruput between 4341 and cray using only modest amount of 4341 processor. misc. past posts mentioning rfc1044
https://www.garlic.com/~lynn/subnetwork.html#1044

other trivia, my rfc index
https://www.garlic.com/~lynn/rfcietff.htm

entry for april 1st RFCs:
April1
6593 6592 6217 6214 5984 5841 5514 5513 5242 5241 4824 4042 4041 3751 3514 3252 3251 3093 3092 3091 2795 2551 2550 2549 2325 2324 2323 2322 2321 2100 1927 1926 1925 1924 1776 1607 1606 1605 1437 1313 1217 1149 1097 852 748


and immediately following entry (for ARCNET RFCs):
ARCNET
2497 1201 1051


Postel use to let me do part of STD1

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

How many subscribers?

From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: How many subscribers?
Newsgroups: bit.listserv.ibm-main
Date: 11 Sep 2012 16:39:31 -0700
ghobbs@CDPWISE.NET (Graham Hobbs) writes:
Does that mean there's no such thing as a even a guesstimate? Would 'lurkers' imply nasties?

ibm-main mailing list is gatewayed to usenet ... outgoing only ... doesn't accept in-coming ... so any posting originating from usenet don't show up on the mailing list. ibm-main usenet is, in turn gatewayed to google groups ... i.e.
https://groups.google.com/forum/?fromgroups#!forum/bit.listserv.ibm-main

they are lurkers in the sense that they read ... but don't post ... note that ibm-main mailing list subscribers that never post ... may also be referred to as lurkers.

I have newsgroup client that I enjoy much more than any email client .. so I'm subscribed to ibm-main mailing list (allowing me to post) ... but have settings to not send me any email ... since I prefer to read on usenet.

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

Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: lynn@garlic.com (Lynn Wheeler)
Date: 11 Sep, 2012
Subject: Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design
Blog: Enterprise Systems
re:
http://lnkd.in/CF8T3s

Intro to Mainframe Security
http://www.millennialmainframer.com/2012/09/intro-to-mainframe-security.html

I was tangentially involved in the cal. state data breach notification act. Many of the participants were heavily involved in privacy issues and had done detailed, in-depth consumer surveys. The number 1 issue was "identity theft" ... primarily the "account fraud" version that resulted from data breaches. Lots of these breaches involved harvesting information from backroom operations ... frequently large mainframes. There seemed to be little or nothing being done about these compromises ... and so it was hoped that publicity from breach notifications would provide motivation to improve security (also allow victims to take countermeasures like closing accounts).
https://www.garlic.com/~lynn/subintegrity.html#harvest

Normally threat countermeasures are taken for self-protection ... but in these cases, the institutions with the breaches weren't at risk ... it was individuals.

Since that time, there have been a number of federal bills (none so far passed) about equally divided between those similar to the cal. state legislation and "federal preemption" bills that would effectively eliminate most notification requirements. The industry has also come out with some security certification standards ... which seem to be directed at helping justify eliminating the notification requirements. ... jokes that the criteria for certification is not having a breach ... that if a certified institution has a breach ... the certification is revoked (not because it didn't pass the security certification and audit ... but because it had a breach)

The majority of the data breach notifications are from prior transaction databases ... where the crooks are then able to perform fraudulent transactions against existing accounts. The institutions that have the breaches don't have their accounts at risks ... it is the individual's existing accounts that are risk ... and therefor the institutions have had little motivation to take corrective action. This is the low-hanging fruit, simplest and profitable form of identity theft (using account/transaction info to perform fraudulent transactions against existing accounts). The use of SSN for fraudulent purposes ... creating new accounts, etc ... are much more complex.

The popular press gets a lot more detail about compromising individual consumer PC because it is something individuals can relate to. However, there is still significant amount of backend, business machines ... where a crook can harvest information for hundreds of thousands to tens of millions of accounts. The institutions would prefer that the news is dominated by individual PC compromises ... since it is something that a user might be able to do something about ... rather than have them think about the institutional compromises ... where they have no control. The industry is also worried if there were too much such news about institutional breaches ... individuals would resort to the only recourse they have ... which is stop using their cards.

We had been brought in as consultants to a small client/server startup that wanted to do payment transactions on their server, the startup had also invented some technology called "SSL" they wanted to use, the result is now somethings called "electronic commerce". We had to do audits/reviews of end-to-end business process and generated a number of requirements regarding the deployment of all the pieces. However, almost immediately the requirements were violated and we started referring it to "comfort" security.

Somewhat as result, in the mid-90s we were asked to participate in the X9A10 financial standard working group that had been given requirement to preserve the integrity of the financial infrastructure for *ALL* retail payments. As part of X9A10 we did an end-to-end threat & vulnerability study of major retail payments. As a result we specified a standard that slightly tweaks the existing paradigm ... and eliminates the usefulness of crooks using account information to perform fraudulent transactions against existing accounts (it didn't do anything to prevent breaches, it just eliminated that there would be fraudulent transactions as a result of breaches).
https://www.garlic.com/~lynn/subpubkey.html#x959

One of the current issues is that there are a lot of stakeholders that have vested interest in not changing the current paradigm. Financial institutions apply a significant surcharge on merchants (even making profit) on transactions that can have fraud. Eliminating that fraud ... could eliminate the associated profit made from merchants ... and also send crooks to the next low-hanging fruit ... which has no corresponding profit opportunity for financial institutions.

Stats a few years ago were that insiders were involved in up to 70% of breach incidents. Insiders can leverage all the scare press about internet attacks for obfuscation and misdirection.

Part of the issue was the detailed threat and vulnerability analysis is that the business processes are also severely mis-aligned (crooks being able to leverage harvested information for fraudulent activity)

The value of the transaction information to the merchant is the profit on the transaction ... possibly a couple dollars (and the value of the transaction to the transaction processor a few cents). The value of the transaction information to the crook (to drain an account) is the account balance and/or credit limit. As a result the crooks can afford to spend 100 times more attacking the system, than the merchant &/or processors can afford to spend defending.

The same transaction information that needs to be kept completely confidential and never divulged is also required to be readily available for dozens of business processes at millions of locations around the world. We've commented that even if the planet was buried under miles of information hiding encryption, it still wouldn't stop the leakage of information.

As previously mentioned, the X9A10 financial standard working group was to stop trying to hide the information and slightly tweak the paradigm so the information is no longer useful to the crooks.

Late 90s/early part of the century ... there were lots of hardware token solutions being worked on that would address the problem. Then a badly deployed program resulted in large number of consumer problems resulting in rapidly spreading opinion in the industry that hardware token based solutions weren't practical in the consumer market (the problem wasn't with the tokens, it was with the way the program was deployed) and pullback from all such programs.

A decade ago, some number of online, internet "safe" solutions were developed (not as good as the hardware tokens, but still better than what we have know) and got high acceptance in pitches to major internet merchants (accounting for close to 70% of ecommerce transactions). The merchants had been indoctrinated for decades that the interchange fee charged merchants had a high component related to percent fraud for kind of transaction (with internet being at the top). They were expecting that the "safe" products would bring down the interchange fee by possibly a factor of ten times. Then came the cognitive dissonance ... when they were told that instead of significant drop in the interchange fees, the banks wanted to effectively add a surcharge ontop of the highest interchange fee. The whole thing then falls apart.

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

Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
Newsgroups: bit.listserv.ibm-main
Date: Tue, 11 Sep 2012 22:01:09 -0400
lynn@GARLIC.COM (Anne & Lynn Wheeler) writes:
oops, late 80s is 25yrs ago ... not 35yrs ... finger slip.

re:
https://www.garlic.com/~lynn/2012m.html#2 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#3 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#4 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#5 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#6 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#7 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

almost 35yrs ... almost totally unrelated ... I did CCW batch download implementation in 1980 (although the hardware I was using was from a couple years earlier, making it 35yrs) ... predating the fibre channel stuff in the late 80s ... and the zHPF/TCW last decade.

thornton and cray had done cdc6600 ... cray left to form cray research and thornton left to form network systems (makers of hyperchannel).

1980 they had filled up STL (now called silicon valley lab) and were moving 300 from the IMS group to offsite building. They had been offered remote 3270 support back to mainframe in the STL datacenter ... but they found remote 3270 human factors intolerable (they were used to CMS response with local channel attach 3270 controllers).

NSC HYPERchannel channel extender was suggested and I was con'ed into doing the software support. A220 channel adapter (connected to local mainframe channel) connected to A710 to telco adapter that went over channel on the local corporate campus (T3) microwave system to the main plant site and then (T1) microwave circuit to the roof of the offsite building which had the other A710 with connections to three A510s. The A510s simulated mainframe channels which is where the local channel attached 3270 controllers were connected. My support intercepted the 3270 channel program ... and converted to datastream which was written to the memory of one of the remote A510s ... where it was then directly executed. The channel program sequence was purely at the remote end w/o needing constant back&forth to the mainframe memory ... with just the necessary data transfer occurring (similar to the design point for original fibre channel from the late 80s and similar to the way that zHPF/TCW now works). similar configuration from old NSC marketing pitch
https://www.garlic.com/~lynn/hyperlink.jpg

This drastically cuts the chatter & latency over the interface ... as well as improving the throughput of the channel. The net was that the 300 from the IMS group didn't see any difference between small subsecond response in STL and the response at the offsite bldg.

In this particular case there was a secondary side-effect. STL datacenter convention had been to distribute the local 3270s controllers across all available channels, sharing them with disk controllers. In turns out that local 3270s controllers have rather high channel busy and were actually interferring with disk thruput. The single A220 could do all the same operations of large number of 3270 controllers with significant lower channel busy (the exorbitant 3270 controller channel busy being moved to the remote site with the A510 channel emulators). The net here (moving the local 3270s off real channels) was overall 10-15% improvement in system throughput.

3270 logon logo for IMS people at offsite bldg:
https://www.garlic.com/~lynn/vmhyper.jpg

tried to then get the software support released to customers ... but there was group in POK playing with some fiber stuff and they were worried that my software would interfer with getting their stuff released ... so they got it block ... their stuff eventually is released as ESCON.

recent posts mentioning the effort:
https://www.garlic.com/~lynn/2012c.html#23 M68k add to memory is not a mistake any more
https://www.garlic.com/~lynn/2012d.html#19 Writing article on telework/telecommuting
https://www.garlic.com/~lynn/2012e.html#52 M68k add to memory is not a mistake any more
https://www.garlic.com/~lynn/2012e.html#54 Why are organizations sticking with mainframes?
https://www.garlic.com/~lynn/2012i.html#74 HELP WITH PCOM - PASTE OPTION NOT WORKING CORRECTLY
https://www.garlic.com/~lynn/2012k.html#3 printer history Languages influenced by PL/1
https://www.garlic.com/~lynn/2012k.html#47 T-carrier
https://www.garlic.com/~lynn/2012k.html#48 1132 printer history
https://www.garlic.com/~lynn/2012l.html#25 X86 server

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

Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: lynn@garlic.com (Lynn Wheeler)
Date: 12 Sep, 2012
Subject: Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design
Blog: Enterprise Systems
re:
http://lnkd.in/CF8T3s
and
https://www.garlic.com/~lynn/2012m.html#10 Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design

Glass-Steagall kept safety&soundness of regulated depository institutions separate from the risky, unregulated investment banking. Repeal of Glass-Steagall eliminated that separation ... and allowed for too-big-to-fail ... although there are actually few in number of total institutions ... as they gobble other institutions .... they've become a majority of the market (claim is that five largest TBTF institutions now have assets equivalent to 60% of GDP).

Excluding TBTF profit/loss from the gambling side of the house, US depository institutions had nearly 40% of bottom line from payment transactions (interchange fees) ... large percentage uplifted justified because of associated fraud. In theory eliminating that fraud would reduce the corresponding interchange fee by factor of ten (approx. part of bottom line going from 40% to 4% of bottom line). This led to claims that US depository institutions had significant vested interest in some level of fraud because of the related justification for the uplifted interchange fees. It is here where a lot of data breaches occur putting individual accounts at risk from the resulting fraudulent transactions (the banks then uplift the interchange fees charged merchants to completely recover all losses plus added amount for profit ... eventually becoming addicted to it being 40% of their bottom line).

The gambling side of the TBTF are fighting the "Volcker" rule limitation on gambling CDS activity ... claiming that they need the CDS transactions as insurance for assets they have at risk. However, the assets at risk are much less than 1% of the over $700T (that's right trillion) in CDS gambling bets that they've been placing (it takes a really blind eye or single digit IQ to believe that $700T in CDS gambling bets exist because of the "insurance" needed on way less than $7T in assets at risk; aka they've been placing large bets on things like whether somebody else's house burnt down ... and then making sure it would catch fire, the bets on other people's houses can be thinly disguised as insurance being approx. same as value of the house).

recent posts mentioning Glass-Steagall &/or Volcker
https://www.garlic.com/~lynn/2012.html#0 Revolution Through Banking?
https://www.garlic.com/~lynn/2012.html#25 You may ask yourself, well, how did I get here?
https://www.garlic.com/~lynn/2012.html#44 Who originated the phrase "user-friendly"?
https://www.garlic.com/~lynn/2012.html#72 Chris Dodd's SOPA crusading
https://www.garlic.com/~lynn/2012.html#88 The PC industry is heading for collapse
https://www.garlic.com/~lynn/2012b.html#11 The PC industry is heading for collapse
https://www.garlic.com/~lynn/2012b.html#16 Interview of Mr. John Reed regarding banking fixing the game
https://www.garlic.com/~lynn/2012b.html#43 Where are all the old tech workers?
https://www.garlic.com/~lynn/2012b.html#47 Where are all the old tech workers?
https://www.garlic.com/~lynn/2012c.html#2 Occupy the SEC (Securities & Exchange Commission)
https://www.garlic.com/~lynn/2012c.html#5 Too big not to fail
https://www.garlic.com/~lynn/2012c.html#19 Occupy the SEC Pitches An Extreme Makeover of Wall Street
https://www.garlic.com/~lynn/2012c.html#32 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#39 Greek knife to Wall Street
https://www.garlic.com/~lynn/2012c.html#52 PC industry is heading for more change
https://www.garlic.com/~lynn/2012c.html#54 PC industry is heading for more change
https://www.garlic.com/~lynn/2012c.html#63 The Economist's Take on Financial Innovation
https://www.garlic.com/~lynn/2012d.html#5 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#68 Memory versus processor speed
https://www.garlic.com/~lynn/2012e.html#1 The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
https://www.garlic.com/~lynn/2012e.html#16 Wonder if they know how Boydian they are?
https://www.garlic.com/~lynn/2012e.html#30 Senators Who Voted Against Ending Big Oil Tax Breaks Received Millions From Big Oil
https://www.garlic.com/~lynn/2012e.html#41 Why Are the Fed and SEC Keeping Wall Street's Secrets?
https://www.garlic.com/~lynn/2012e.html#86 CISPA legislation seen by many as SOPA 2.0
https://www.garlic.com/~lynn/2012f.html#31 Rome speaks to us. Their example can inspire us to avoid their fate
https://www.garlic.com/~lynn/2012f.html#67 Cartons of Punch Cards
https://www.garlic.com/~lynn/2012f.html#71 When Mobile Telecommunications Routes Become Banks
https://www.garlic.com/~lynn/2012f.html#75 Fed Report: Mortgage Mess NOT an Inside Job
https://www.garlic.com/~lynn/2012g.html#9 JPM LOSES $2 BILLION USD!
https://www.garlic.com/~lynn/2012g.html#10 Accidentally Released - and Incredibly Embarrassing - Documents Show How Goldman et al Engaged in 'Naked Short Selling'
https://www.garlic.com/~lynn/2012g.html#12 JPM LOSES $2 BILLION USD!
https://www.garlic.com/~lynn/2012g.html#16 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#20 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#28 REPEAL OF GLASS-STEAGALL DID NOT CAUSE THE FINANCIAL CRISIS - WHAT DO YOU THINK?
https://www.garlic.com/~lynn/2012g.html#30 24/7/365 appropriateness was Re: IBMLink outages in 2012
https://www.garlic.com/~lynn/2012g.html#48 Owl: China Swamps US Across the Board -- Made in China Computer Chips Have Back Doors, 45 Other "Ways & Means" Sucking Blood from US
https://www.garlic.com/~lynn/2012g.html#56 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
https://www.garlic.com/~lynn/2012g.html#59 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
https://www.garlic.com/~lynn/2012g.html#82 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012g.html#84 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#87 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#25 US economic update. Everything that follows is a result of what you see here
https://www.garlic.com/~lynn/2012h.html#31 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012h.html#36 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#37 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#38 Other Than In Computers, Civilization Basically Stopped Progressing In The 1960s
https://www.garlic.com/~lynn/2012h.html#45 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#46 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012h.html#55 The Invention of Email
https://www.garlic.com/~lynn/2012h.html#64 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#77 Interesting News Article
https://www.garlic.com/~lynn/2012h.html#82 Interesting News Article
https://www.garlic.com/~lynn/2012i.html#6 Good article. Friday discussion type
https://www.garlic.com/~lynn/2012i.html#25 Can anybody give me a clear idea about Cloud Computing in MAINFRAME ?
https://www.garlic.com/~lynn/2012i.html#30 US Senate proposes national data breach notification act
https://www.garlic.com/~lynn/2012i.html#35 US Senate proposes national data breach notification act
https://www.garlic.com/~lynn/2012i.html#86 Should the IBM approach be given a chance to fix the health care system?
https://www.garlic.com/~lynn/2012j.html#28 Why Asian companies struggle to manage global workers
https://www.garlic.com/~lynn/2012j.html#47 Yahoo Password Breach: 7 Lessons Learned - Security - Attacks/breaches - Informationweek
https://www.garlic.com/~lynn/2012j.html#56 Failing Gracefully
https://www.garlic.com/~lynn/2012k.html#7 Is there a connection between your strategic and tactical assertions?
https://www.garlic.com/~lynn/2012k.html#9 Sandy Weill's About-Face on Big Banks
https://www.garlic.com/~lynn/2012k.html#12 The Secret Consensus Among Economists
https://www.garlic.com/~lynn/2012k.html#13 Is there a connection between your strategic and tactical assertions?
https://www.garlic.com/~lynn/2012k.html#31 History--punched card transmission over telegraph lines
https://www.garlic.com/~lynn/2012k.html#36 Race Against the Machine
https://www.garlic.com/~lynn/2012k.html#40 Core characteristics of resilience
https://www.garlic.com/~lynn/2012k.html#75 What's the bigger risk, retiring too soon, or too late?
https://www.garlic.com/~lynn/2012l.html#60 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012l.html#62 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012l.html#63 Singer Cartons of Punch Cards

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

Intel Confirms Decline of Server Giants HP, Dell, and IBM

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Intel Confirms Decline of Server Giants HP, Dell, and IBM
Newsgroups: alt.folklore.computers
Date: Fri, 14 Sep 2012 17:42:56 -0400
Intel Confirms Decline of Server Giants HP, Dell, and IBM
http://www.wired.com/wiredenterprise/2012/09/29853/

long winded recent thread in ibm-main mailing list ... google archive via usenet gateway
https://groups.google.com/forum/?fromgroups=#!topic/bit.listserv.ibm-main/wtgFuOaNCak

pieces also here
https://www.garlic.com/~lynn/2012m.html#2 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#3 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#4 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#5 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#6 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#7 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#11 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

current mainframe in the field is z196 mainframe, max configuration is 80processors and 14 system assist processors that goes for $28m and is rated at 50BIPS. The thread had wandered into applicability of mainframe for large cloud operation. Basic staple cloud component is e5-2600 blade. IBM has base list price for e5-2600 of $1815. Depending on ghz rate there are range of dhrystone BIPS rate for e5-2600 .... including 527BIPs. For pricing standpoint the comparison works out to be $560,000/BIPS compared to $3.44/BIPS (or difference of 163,000 times). However, major cloud operators have been claiming being able to do blades for their own megadatacenters at 1/3rd brand name blades (and doing hundreds of thousands per megadatacenters would account for uptic in the non-brand-name blade manufacturing).

The other issue brought up in the thread was efficiency of mainframe i/o operations with their independent processors and channel architecture. The issue is that old bus&tag was reasonable trade-off for the 60s, but became less&less optimal as technology advanced (especially sticking with serialized sequential operations and end-to-end latency). They moved to fiber-optic "ESCON" which had faster transfer rate but retained the basic channel architecture.

I've complained numerous times when mainframe channel engineers started participating in fibre-channel standards meetings 20some years ago ... wanting to leverage the faster transfer rate of FCS ... but layering the old-style channel architecture protocol on-top (aka "FICON", negating a lot of work in underlying FCS for batched, asynchronous, concurrent i/o operations).

This has basic FICON operations (in z10 time-frame) with peak of 31,000 IOPS.
ftp://ftp.software.ibm.com/common/ssi/sa/wh/n/zsw03059usen/ZSW03059USEN.PDF

Recently they get around to doing a little batching ... calling it zHPF that gets it up to 92,000 IOPS peak (for z196 & zEC12) per fibre-channel channel (somewhat trying to recreate the underlying original fibre-channel design point).
http://www-03.ibm.com/systems/z/hardware/connectivity/ficon_performance.html

above describes introduction of TCW ... being able to download multiple CCWs in one transfer for remote execution ... instead of serialized one at a time ... getting some FICON throughput improvement for zHPF

The mainframe SSCH has still quite a bit of processing overhead, this has z196 peaking at 2M IOPS using 104 FICON channels ... with z196 14 system assist processors having theoritical max thruput of 2.2m IOPS at 100% utilization.
ftp://public.dhe.ibm.com/common/ssi/ecm/en/zsw03169usen/ZSW03169USEN.PDF

This has a emulex fibre-channel for e5-2600 capable of 1M IOPS per channel
http://www.emulex.com/artifacts/0c1f55d0-aec6-4c37-bc42-7765d5d7a70e/elx_wp_all_hba_romley.pdf

Part of the thread, I describe in 1980 (over 30yrs ago), writing support for downloading mainframe channel programs for batched remote execution (much more efficient than serialized, single CCW at a time)
https://www.garlic.com/~lynn/2012m.html#11 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

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virtualization experience starting Jan1968, online at home since Mar1970

spooks

Date: 15 Sep 2012 06:41:44 +0100
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: spooks
Blog: small mailing list
My wife writes part of the IBM response for request for total revamp in their wide-area dataprocessing infrastructure (in the response is the introduction of what is now frequently called middleware, called middle-layer in the response, we later use it for customer executive presentations). They go in for presentation and then are called back for followups ... I go along for one of the followups. Leaving they examine my bag (marine detachment, before the private guards) and find bunch of stuff labeled "IBM Confidential". They confiscate anything with classification w/o the appropriate authorization to remove (they say "IBM" could be gov. program for all they know). They call somebody to take possession, it takes an hour to get it back.

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virtualization experience starting Jan1968, online at home since Mar1970

cp67, vm370, etc

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Date: 15 Sep 2012 04:45:59 +0100
Subject: Re: cp67, vm370, etc
Blog: small mailing list
I was doing a lot of changes to CP67 source as undergraduate at unitv. The CMS UPDATE program not only required specifying line numbers in the base source ... but also required you to manually "punch" (type) in the sequence numbers in the new changes. I do a preprossor for UPDATE that fills in sequence numbers in the new/update changes based on some rules (and hints using "$" convention).

Later at the science center. An exec front end for update process is created that supports iterative update application ... this is eventually incorporated into standard update&edit routines.

The original cp67 has terminal support for 2741&1052 terminals. The univ. has some TTY/ascii terminals ... at the univ. I add support for TTY which is picked up and distributed with standard cp67. As part of the support, I try to make the 360 terminal controller do something that it can't quiet do. This is part of motivation for univ. to start clone controller effort with Interdata/3 programmed to emulate standard controller ... but with support for additional stuff I wanted to do (also reverse engineer 360 channel interface and build board for interdata/3). CP67 had support for automatic terminal identification ... which I extended for added TTY (able to switch terminal type line scanner in the controller). I wanted to be able to have common pool of numbers for dialin with single dialin numbers for all kinds of terminals. Standard controller allowed for changing kind of line scanner ... but had hardwired line speed to each port. I wanted to also be able to do automatic line speed (which was the same for 2741&1052 but different for TTY). Later, four of us get written up for being response for (some part of) clone controller business.
https://www.garlic.com/~lynn/submain.html#360pcm

Walt, Thadhani (on west coast) and others were doing some work that showed .2sec response was needed for human productivity. This was during period that MVS/TSO (other mainframe software) was lucky to nave response close to second. Somebody else in Yorktown published something that said their vm370 systems were the best in the company with quarter second system response. I complained because I was running vm370 systems on the west coast with .11 second response (I was effectively told they were allowed to claim anything they wanted).

Turns out that (local channel attached) 3272/3277 terminal hardware had .086 second response. To get .2 second response seen by the user, the system response had to be .114 response or less.

The replacement for 3272/3277 was 3274/3278 which they moved a lot of electronics out of terminal head back to shared controller (to save on manufacturing cost) ... which significantly drove up hardware processing latency (compared to 3272/3277) ... as a result, it made it impossible to have quarter second response. There was lots of complaints ... but eventually the group responsible said that the terminals were designed for data entry ... not interactive computing. Old post pieces of hardware analysis
https://www.garlic.com/~lynn/2001m.html#19

from ibm jargon:
bad response - n. A delay in the response time to a trivial request of a computer that is longer than two tenths of one second. In the 1970s, IBM 3277 display terminals attached to quite small System/360 machines could service up to 19 interruptions every second from a user I measured it myself. Today, this kind of response time is considered impossible or unachievable, even though work by Doherty, Thadhani, and others has shown that human productivity and satisfaction are almost linearly inversely proportional to computer response time. It is hoped (but not expected) that the definition of Bad Response will drop below one tenth of a second by 1990.

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

ibm

From: Anne & Lynn Wheeler <lynn@garlic.com>
Date: 15 Sep 2012 08:40:56 +0100
Subject: Re: ibm
Blog: small mailing list
Late 90s we stop by to visit an attendee (of hacker's) at work ... had to have our name on the visitor list at least day in advance. at the front gate/office, the day's visitor list was on fan-fold paper that had a vm370 separator page on top.

note previous reference about response for wide-area/campus dataprocessing ... was not about ibm mainframe related ... in fact most of the rest of the company was violently opposed to middle-layer, middle-ware, non-SNA, non-mainframe.
https://www.garlic.com/~lynn/2012m.html#14

This references doing cluster scale-up ... turns out both numerical intensive with national labs (including both llnl & lanl) as well as parallel dbms. ... early jan92
https://www.garlic.com/~lynn/95.html#13

end of jan 92, the scale-up part is transferred and we are told we can't work on anything with more than four processors. By middle of feb92. it is announced as supercomputer product (for scientific and numerical intensive only)
https://www.garlic.com/~lynn/2001n.html#6000clusters1 ... press item 17feb92
then later that spring
https://www.garlic.com/~lynn/2001n.html#6000clusters2 ... another press 11may92

more than decade earlier ... doing national lab benchmark, they were looking at 70 mid-range mainframes ... sort of leading edge of both cluster as well as distributed computing
https://www.garlic.com/~lynn/2006y.html#email790212
along with several other old email in this post
https://www.garlic.com/~lynn/2006y.html#21

same time-frame ... old reference about afds looking 20 4341s ... but over a few months it grew to 210 4341s.
https://www.garlic.com/~lynn/2001m.html#email790404b
in this post
https://www.garlic.com/~lynn/2001m.html#15

recent post about mainframe co-opting some of the scale-up technology for mainframe use ... but do it very poorly
https://www.garlic.com/~lynn/2012m.html#13

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

update/reseq

From: Anne & Lynn Wheeler <lynn@garlic.com>
Date: 16 Sep 2012 05:56:50 +0100
Subject: Re: update/reseq
Blog: small mailing list
two programs ... one was given two slightly different source routines with possibly different sequence numbers ... it would generate an update to the first routine that would result in the same as the 2nd routine. issue here was not only would they resequenced ... but they might apply changes not otherwise seen.

the 2nd was given two identical source routines that only differed in sequence numbers ... it would convert all updates applied to the first routine into sequence numbers for applying to the 2nd routine.

there was a manual step between the first program and the 2nd program ... the update from the 1st program ... when applied (before all local updates) could create conflicts that had to be manually resolved before running the 2nd program

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virtualization experience starting Jan1968, online at home since Mar1970

interactive, dispatching, etc

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Date: 16 Sep 2012 06:15:49 +0100
Subject: Re: interactive, dispatching, etc
Blog: small mailing list
original cp67 would place any address space that did terminal i/o (either input or output) into "q1" and effectively round-robin all "q1" before all non-q1 (whether they were also compute-bound or not). Q1 was allowed to consume a moderate amount of cpu before being pushed down into non-q1.

actually that was not quite the original, it was the 2nd done at lincoln labs. the original had 10 level purely based on continuous cpu utilization moving things up and down. however the original had no page thrashing controls and the constant moving around actually consumed significant processor overhead. The LL change significant reduced processing overhead and also introduced primitive page thrashing control (maximum concurrent executing tasks).

I did fair share as undergraduate in the 60s ... actually general resource ... but default policy was fair share. basically tracted resource utilization and gave a sort of deadline priority based on recent resource consumption. terminal i/o would still place in Q1 ... but common queue with non-Q1 ordered by deadline ... and Q1 deadline wasn't necessary better than non-Q1

it was done in such a way to further significantly reduce the processor overhead to implement all the features. misc. past posts
https://www.garlic.com/~lynn/subtopic.html#fairshare

The page replacement was scan core to find any page for non-eligible task ... and if there was none ... effectively do FIFO. I changed it to a clock-type algorithm using reference bits. I also did some dynamic page thrashing controls regarding concurrent tasks. some past posts
https://www.garlic.com/~lynn/subtopic.html#wsclock

This was circa 68/69 ... and the working set dispatcher article had appeared in ACM. role forward to dec81 ... at sigops in dec81 (at asilomar), jim gray asks me to help a co-worker at tandem get his stanford phd on clock, global LRU replacement. There was big dustup going on with the forces behind "local lru" trying to block awarding phd related to global LRU replacement. I had bunch of data from undergraduate days and 70s on comparison between "local lru" vis-a-vis global LRU. I provided a bunch of supporting information ... but management in san jose research wouldn't allow me to send it until the following oct1982 (i presumed they were viewing it as some sort of punishing me for some misdeed ... as opposed to taking sides in the local/global academic dispute). old communication
https://www.garlic.com/~lynn/2006w.html#email821019
in this post
https://www.garlic.com/~lynn/2006w.html#46 The Future of CPUs: What's After Multi-Core?

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

Why Auditors Fail To Detect Frauds?

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Date: 18 Sep 2012
Subject: Why Auditors Fail To Detect Frauds?
Blog: Financial Crime Risk, Fraud and Security
Why Auditors Fail To Detect Frauds?
http://soniajaspal.wordpress.com/2012/09/10/why-auditors-fail-to-detect-frauds/

Part of it is being paid to look as opposed to be paid not to look.

In the Madoff congressional hearings, the person that had tried unsuccessfully for a decade to get SEC to do something about Madoff, testified that whistleblowers/tips turn up 13 times more fraud than audits (also that SEC had no tip hotline, but had a 1-800 number for corporations to complain about audits).

Even GAO appeared to think SEC wasn't doing anything and started doing reports of public company fraudulent financial filings ... even showing uptic after Sarbanes-Oxley ... in theory, under SOX, the executives and auditors would be doing jail time:
http://www.gao.gov/products/GAO-03-395R .
http://www.gao.gov/products/GAO-06-678 .
https://www.gao.gov/products/gao-06-1079sp

Something similar regarding stock option payola involving fraudulently manipulating stock options has involved at least 850 CEOs ... even Apple ... just between 1997 & 2002 Apple admitted to 6,428 separate instances where dates on options were altered.

Researchers detect fraud with highest accuracy to date
http://phys.org/news/2012-09-fraud-highest-accuracy-date.html

from above:
Researchers from Brigham Young University have helped create the most robust and accurate fraud detection system to date using information from publicly available financial statements.

... snip ...

that doesn't mean anything actually gets done ... as in the congressional Madoff hearings ... somebody tried unsuccessfully for a decade trying to get SEC to do something ... or in GAO case doing reports on public company fraudulent financial filings and nothing is done .... even after passage of Sarbanes-Oxley ... GAO showing increase in fraud ... aka did Sarbanes-Oxley 1) have no effect on fraud, 2) encourage the increase in fraud or 3) if it hadn't been for Sarbanes-Oxley, fraud would have increased much more than it did.

With regard to awareness ... the person that had tried unsuccessfully for a decade to get SEC to do something about Madoff, was asked in the congressional Madoff hearings if new regulations were needed ... he responded that while new regulations might be needed ... much more important than new regulations would be transparency and visibility (... something that is antithetical to wallstreet culture).

recent posts mentioning sarbanes-oxley and/or gao reports:
https://www.garlic.com/~lynn/2012.html#1 The war on terabytes
https://www.garlic.com/~lynn/2012.html#18 SEC v. Citigroup, How to Avoid (Greater) Disaster
https://www.garlic.com/~lynn/2012.html#26 What's your favorite quote on "accountability"?
https://www.garlic.com/~lynn/2012.html#32 Wall Street Bonuses May Reach Lowest Level in 3 Years
https://www.garlic.com/~lynn/2012.html#70 Regulatory Agency logo
https://www.garlic.com/~lynn/2012b.html#19 "Buffett Tax" and truth in numbers
https://www.garlic.com/~lynn/2012b.html#44 What's the most interesting thing you do in your non-work life?
https://www.garlic.com/~lynn/2012b.html#53 Can America Lead the World's Fight Against Corruption?
https://www.garlic.com/~lynn/2012b.html#54 The New Age Bounty Hunger -- Showdown at the SEC Corral
https://www.garlic.com/~lynn/2012b.html#67 How Economists Contributed to the Financial Crisis
https://www.garlic.com/~lynn/2012b.html#87 The Benefit and The Burden
https://www.garlic.com/~lynn/2012c.html#0 New theory of moral behavior may explain recent ethical lapses in banking industry
https://www.garlic.com/~lynn/2012c.html#13 Study links ultrafast machine trading with risk of crash
https://www.garlic.com/~lynn/2012c.html#25 Goldman Sachs P.R. Chief's Accidental Exit Interview
https://www.garlic.com/~lynn/2012c.html#31 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#32 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#37 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#44 New Citigroup Looks Too Much Like the Old One
https://www.garlic.com/~lynn/2012c.html#45 Fannie, Freddie Charge Taxpayers For Legal Bills
https://www.garlic.com/~lynn/2012c.html#54 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#5 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#10 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#12 Gordon Gekko Says
https://www.garlic.com/~lynn/2012d.html#16 IBM cuts more than 1,000 U.S. Workers
https://www.garlic.com/~lynn/2012d.html#39 Fannie and Freddie must go - here's how
https://www.garlic.com/~lynn/2012e.html#30 Senators Who Voted Against Ending Big Oil Tax Breaks Received Millions From Big Oil
https://www.garlic.com/~lynn/2012e.html#57 speculation
https://www.garlic.com/~lynn/2012e.html#58 Word Length
https://www.garlic.com/~lynn/2012f.html#66 Predator GE: We Bring Bad Things to Life
https://www.garlic.com/~lynn/2012f.html#74 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012f.html#84 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012g.html#6 Adult Supervision
https://www.garlic.com/~lynn/2012g.html#20 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#59 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
https://www.garlic.com/~lynn/2012g.html#67 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#78 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#42 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#17 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#41 Lawmakers reworked financial portfolios after talks with Fed, Treasury officials
https://www.garlic.com/~lynn/2012i.html#91 Operating System, what is it?
https://www.garlic.com/~lynn/2012j.html#36 UH-OH: $220 Million May Be Missing From Brokerage
https://www.garlic.com/~lynn/2012j.html#50 The Games Played By JP Morgan Chase
https://www.garlic.com/~lynn/2012j.html#60 Auditors All Fall Down; PFGBest and MF Global Frauds Reveal Weak Watchdogs
https://www.garlic.com/~lynn/2012j.html#85 Study: One in Five Firms Misrepresent Earnings
https://www.garlic.com/~lynn/2012k.html#13 Is there a connection between your strategic and tactical assertions?
https://www.garlic.com/~lynn/2012k.html#64 Is there a connection between your strategic and tactical assertions?
https://www.garlic.com/~lynn/2012k.html#89 Auditors Don't Know Squat!
https://www.garlic.com/~lynn/2012l.html#0 Quelle Surprise! SEC Plans to Make the World Safer for Fraudsters, Push Through JOBS Act Con-Artist-Friendly Solicitation Rules
https://www.garlic.com/~lynn/2012l.html#14 The growing openness of an organization's infrastructure has greatly impacted security landscape

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

Hundreds Of Billions Of Dollars Expected To Be Withdrawn From Swiss Banks Amid Tax Evasion Crackdown

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Date: 18 Sep 2012
Subject: Hundreds Of Billions Of Dollars Expected To Be Withdrawn From Swiss Banks Amid Tax Evasion Crackdown
Blog: Financial Crime Risk, Fraud and Security
Hundreds Of Billions Of Dollars Expected To Be Withdrawn From Swiss Banks Amid Tax Evasion Crackdown
http://www.businessinsider.com/hundreds-of-billions-of-dollars-expected-to-be-withdrawn-from-swiss-banks-amid-tax-evasion-crackdown-2012-9

Credit Suisse to reveal more data, staff names in U.S. tax probe
http://www.reuters.com/article/2012/09/17/us-swiss-banks-tax-idUSBRE88G0HO20120917

there have been recent references that some of the 30,000 wealthy individuals given amnesty in offshore tax fraud over the past couple years may include prominent politicians.

recent posts mentioning tax fraud/evasion/haven:
https://www.garlic.com/~lynn/2012.html#29 Mitt Romney avoids U.S tax by using Offshore bank accounts
https://www.garlic.com/~lynn/2012.html#34 Mitt Romney avoids U.S tax by using Offshore bank accounts
https://www.garlic.com/~lynn/2012h.html#5 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#27 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#64 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012j.html#81 GBP13tn: hoard hidden from taxman by global elite
https://www.garlic.com/~lynn/2012k.html#45 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?

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virtualization experience starting Jan1968, online at home since Mar1970

The simplest High Level Language

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: The simplest High Level Language
Newsgroups: comp.arch
Date: Tue, 18 Sep 2012 09:56:03 -0400
Terje Mathisen <"terje.mathisen at tmsw.no"> writes:
A print spooler written during the same time frame was 4X faster than the best commercial product, which was most likely written in C.

circa 1980, IBM vlsi tools did internal pascal implementation for mainframe (starting with metaware's tws). it was used for lots of internal tools and eventually released to customers.

I used it to re-implement the vm370 kernel spooling system implemented in assembler ... moving it to virtual address space. I needed close to 100 times throughput and efficiency for high-speed data transport (mainframe vnet networking support leveraged the vm370 spool system which choked vnet around aggregate 30kbytes/sec ... and I needed closer to 3mbyte/sec aggregate). misc. past posts mentioning HSDT
https://www.garlic.com/~lynn/subnetwork.html#hsdt

it was also used for implementing the original mainframe tcp/ip protocol stack. there was some issues with its throughput (getting about 44kbyte/sec using nearly full 3090 processor). I did changes for rfc1044 support and in some testing at cray research, got mainframe channel thruput using only modest amount of 4341 processor (about 500 times improvement in bytes moved per instruction executed). misc. past posts
https://www.garlic.com/~lynn/subnetwork.html#1044

note that this implementation had *NONE* of the buffer problems that have been epidemic in C language implementations.

In the early 90s, the same pascal was also made available on the rs/6000. In the mid-90s ... there was push by the company to move to COTS vlsi design tools ... which included turning over a lot of internal vlsi tools to industry vlsi tool vendors. I got tasked to do one such application that was 50k+ (pascal) statements ... which required porting to other vendor hardware platforms. Major hardware platform (used in the industry for vlsi design) had recently outsourced their pascal to organization 12 time zones away. this particular pascal appeared as if it was never used for anything other than class projects ... since I was constantly facing problems ... the vendors offices was just up the road ... so it was easy to drop in ... but it didn't help since support had moved to the other side of the planet ... and I was out of synch with their work shift (and in any case, wasn't allowed to directly interact).

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

RDBMSs timeline poster

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: RDBMSs timeline poster
Newsgroups: comp.databases.theory
Date: Tue, 18 Sep 2012 10:07:17 -0400
Jan Hidders <hidders@gmail.com> writes:
Maybe interesting for the crowd here. Nice poster made by Hasso Plattner institute with timeline of several RDBMSs, sorry, SQL DBMSs, :-)

http://www.hpi.uni-potsdam.de/fileadmin/hpi/FG_Naumann/projekte/RDBMSGenealogy/RDBMS_Genealogy_V3_print.pdf


first shipped commercial product was multics (1976)
http://www.mcjones.org/System_R/mrds.html

also some of the "independent" product lines ... have some individual people in common.

other trivia ... some number of CTSS people went to science center on the 545 tech sq, 4th floor and did virtual machines (cp67, vm370, etc) and others went to the 5th flr and did multics (& mrds).

System R was done in bldg. 28 on 370/145 vm370 system ... when there was some rivalry between people on 4th flr and 5th flr.

past posts mentioning System R
https://www.garlic.com/~lynn/submain.html#systemr

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virtualization experience starting Jan1968, online at home since Mar1970

How do you feel about the fact that today India has more IBM employees than any of the other countries in the world including the USA.?

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Date: 18 Sep 2012
Subject: How do you feel about the fact that today India has more IBM employees than any of the other countries in the world including the USA.?
Blog: IBMers
published last week:
https://www.amazon.com/Who-Stole-American-Dream-ebook/dp/B007MEWAX2

has quite a bit of both off-shoring as well as "on-shoring" (aka H1 visas) ... including chapter "IBM: SHIFTING THE KNOWLEDGE ECONOMY TO INDIA".

loc4371-74
The Times of India had to break that news. Since 2006, IBM has been secretive about revealing just where its 400,000-person global workforce is stationed. But the Times of India dug out the news that IBM's Indian workforce -- mere 6,000 in 2003 -- had catapulted to 100,000, maybe even 130,000, by August 2010. In those same seven years, IBM cut its American workforce by 30 percent or more, from 135,000 in 2003 to under 100,000 in early 2011,

... snip ...

Also talks about how IBM got so good at this that it applied for patents on the process and created new business arm to teach/advise other US companies about doing it.

... the references in the book weren't particularly complimentary to IBM ... including quotes from Gomory (former IBM VP and head of research) ... including loc.4213-16:
In this new era of globalization, the interests of companies and countries have diverged. In contrast with the past, what is good for America's global corporations is no longer necessarily good for the American people. -- RALPH GOMORY, former IBM vice president

... snip ...

It spends some amount of time contrasting path that Germany took from the early 90s until now ... with the path that US took ... with Germany now with three times the percent manufacturing jobs and better economy (even with the drag on German economy having to rebuild east germany after the wall fell).

past posts in this thread:
https://www.garlic.com/~lynn/2012f.html#84 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012f.html#87 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012f.html#90 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012f.html#92 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012f.html#95 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012g.html#82 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012h.html#2 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012h.html#12 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012h.html#18 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012h.html#31 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012h.html#46 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012i.html#68 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012k.html#63 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012k.html#65 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012k.html#71 How do you feel about the fact that India has more employees than US?

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

Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: lynn@garlic.com (Lynn Wheeler)
Date: 18 Sep, 2012
Subject: Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design
Blog: Enterprise Systems
re:
http://lnkd.in/CF8T3s
and
https://www.garlic.com/~lynn/2012m.html#10 Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design
https://www.garlic.com/~lynn/2012m.html#12 Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design

hot off the press:

Deloitte Global Security Study: 1 In 4 Financial Services Firms Suffered Security Breaches Last Year
http://www.darkreading.com/government-vertical/deloitte-global-security-study-1-in-4-fi/240007242

they invited Mitnick to talk about social engineering here ... I've threatened to heckle from the audience
http://www.usni.org/

long ago and far away, I had realtime front row seat watching the takedown

Internal network (larger than arpanet/internet from just about the beginning until late '85 or early '86) required link encryptors on everything that left corporate premises ... early on there was difficulty with various govs. ... especially when links crossed national boundaries. comment from the mid-80s was the internal network had more than half of all link encryptors in the world. for road-warrior/home-terminal company also did special encrypting dialup modems (with corresponding modems in the datacenter). Threat/vulnerability study from the early 80s identified hotel PBX as major threat (usually easy access to most PBX rooms and trivial to compromise).

I started doing T1 and faster speed links in my HSDT project ... it was at least possible to buy T1 link encryptors even tho they were really expensive. I got involved in various stuff ... for instance software encryption for full-duplex T1 in the early 80s would have required both 3081 processors dedicated running 100% utilization old reference:
https://www.garlic.com/~lynn/2006n.html#email841115
Also we were looking at doing PGP-like implementation in the early 80s as part of protection against "insiders" ... some old email
https://www.garlic.com/~lynn/2007d.html#email810506 ..
https://www.garlic.com/~lynn/2006w.html#email810515

I eventually get involved in doing hardware crypt that would handle significantly faster than T1 with price point under $100. There were internal arguments that it had significantly reduced crypto integrity. It took 3months to win the argument ... that in fact, it significantly increased crypto integrity ... but it was hollow victory ... I was then told that I could build as many as I wanted ... but couldn't use any of them ... they would all have to be sent to a special customer.

Note that the internal network wasn't SNA until sometime '87 ... when they started generating some number of fabricated justifications why it needed to be converted to SNA/VTAM ... and spent an enormous amount of money on the SNA/VTAM conversion ... at a time when things would have been significantly better if they had converted the internal network to TCP/IP instead.

The whole userid/password thing was broke by the 80s ... something you know shared-secret that required unique value for every unique security domain ... as countermeasure to cross-domain attacks. Rapidly growing number (becoming large scores if not hundreds) of impossible to guess ... and therefor impossible to remember that required frequent changes. This is an old post of a spoof on password corporate directive ... that was posted on corporate bulletin boards and more than a few didn't catch that it was dated sunday, april 1st.
https://www.garlic.com/~lynn/2001d.html#53 April Fools Day 1984

Part of the problem is that it is still treated from an institution-centric paradigm ... each institution treating authentication as if the person only requires authentication for that one & only institution. There is lots of resistance to move off the institution-centric paradigm to a person-centric paradigm .... which would correct many of the evils .... disclaimer: we have a couple dozen patents on the subject (all assigned).

well, one of the things the communication group told the executive committee was that PROFS (email that ran over the internal network) was a vtam application ... requiring that the internal network be converted to sna/vtam.

I was doing HSDT that had T1 and faster speed links ... some being used for long haul internal network links. I was also working with NSF on what would become the NSFNET backbone ... the initial RFP came out specifying the links be T1 (the technology basis for the internal network was TCP/IP, the operation basis for the modern internet was the NSFNET backbone and the business basis for the modern internet was CIX).

The communication group responded to the requirement for T1 with a study that claimed customers would require T1 until mid-90s. 37x5 limit was 56kbit but had support for "fat pipes" where it could logical treat multiple parallel 56kbit links as logical single link. It surveyed customers with numbers of fat pipes with 2, 3, 4, 5, 6 ... parallel 56kbit links with number dropping to zero by six links. What they failed to relate was that most tariffs for T1 was about the same as five 56kbit links ... we did trivial survey find 200 customers with T1 links that used products from other vendors.

The communication group at the same time they were fabricating reasons to convert the internal network to SNA/VTAM were also making claims that the NSFNET backbone could be done with SNA/VTAM ... even though the NSFNET backbone called for T1 links and SNA/VTAM fastest support was 56kbit.

In the late 80s, the communication group did finally come out with the 3737 that sort of had T1 support ... it was box with several 68K processors and lots of memory ... running an abbreviated VTAM ... spoofing host mainframe VTAM that it was really a local CTCA. It would immediately ACK the local host VTAM that RU had arrived even before it was transmitted ... and then do a bunch of (non-VTAM) stuff to try and reach T1 thruput. Because of all the spoofing of the host VTAM and other limitations it only was able to sustain aggregate of about 2mbits/sec (on terrestrial link) ... even tho a full-duplex T1 is 1.5mbits/sec concurrent in both directions for 3mbits/sec aggregate (and satellite T1 or faster link would have required enormously increasing local buffering and spoofing of host VTAM). recent posts with old email details on 3737
https://www.garlic.com/~lynn/2011g.html#75 .
https://www.garlic.com/~lynn/2011g.html#77 .

As aside about the time arpanet converted to internetworking protocol on 1Jan1983 ... it had approx. 100 IMP nodes and 255 connected host ... the internal network was rapidly approaching 1000 nodes. Old post with various details about 1983 internal network ... including list of all internal sites that added nodes during 1983:
https://www.garlic.com/~lynn/2006k.html#8

old posts mentioning internal network
https://www.garlic.com/~lynn/subnetwork.html#internalnet

old posts mentioning BITNET (ibm sponsored educational network using similar technology to used by internal network)
https://www.garlic.com/~lynn/subnetwork.html#bitnet
old posts mentioning my internal HSDT project
https://www.garlic.com/~lynn/subnetwork.html#hsdt

old email related to working with NSF on what would become NSFNET backbone
https://www.garlic.com/~lynn/lhwemail.html#nsfnet

disclaimer: same time that the original SNA specification was being done, my wife was co-author of peer-to-peer networking architecture (internal document AWP39). She was then con'ed into going to POK to be in charge of loosely-couple architecture where she did Peer-Coupled Shared Data architecture. She didn't stay long ... 1) constantly doing battles with communication group mandating she use VTAM/SNA for loosely-coupled operation ... temporary truces where she could use anything she wanted within the boundaries of the datacenter walls ... and then it would start again and 2) saw little uptake (except for IMS hot-standby) until SYSPLEX.

The temporary truces with my wife over loosely-coupled architecture ... included that communication group "owned" everything that crossed the datacenter walls, shows up in the late 80s. A senior disk engineer gets a talk scheduled at annual, world-wide, internal communication group conference and opens his talk with statement that the communication group was going to be responsible for the demise of the disk division. The issue was that the communication "ownership" was strangling the datacenter ... the disk division was seeing drop in disk sales with data fleeing the datacenters for more distributed computing friendly platforms. The disk division had come up with a number of products to correct the situation but they were constantly being veto'ed by the communication group (with their corporate strategic ownership of everything that crosses the datacenter wall along with their effort to protect their dumb terminal emulation install base and fighting off client/server and distributed computing).

One of the issues is that C-language programs have had lots of security vulnerabilities ... because of attackers being able to exploit buffer issues common in C-language implementations. Mainframes application have tended to not be C-language ... so have been free of those kinds of security vulnerabilities. In the 90s, the majority of security vulnerabilities were related to C-language buffer issues. Moving into this century, the security vulnerabilities shifted to about 1/3rd C-language buffer related, 1/3rd automatic scripting execution, and 1/3rd social engineering (where enormous human factor problems related to userid/password paradigm provides a major social engineering wedge).

I've done a lot of work on how you think about security in my merged security taxonomy and glossary. In 2004, I took the complete CVE database of exploits and vulnerabilities and attempted some analysis for categorization of exploits and vulnerabilities. It turns out that the reports were free-form and which didn't lend itself to easy analysis (word frequency, word-pair frequency, etc). I complained to Mitre about requiring more structure in the reports. At the time, Mitre's response was that any added structure might inhibit people doing reports (and they felt lucky to get the reports they had). Old post with frequency analysis of the CVE entries
https://www.garlic.com/~lynn/2004e.html#43

All platforms using something you know, shared-secret authentication (aka userid/password) would be vulnerability to social engineering.

IBM did its first mainframe tcp/ip stack implemented in vs/pascal ... and it had *none* of the buffer security exploits common in C-language implementations. The base implementation did have some performance issues getting 44kbytes/sec using full 3090 processor. I did the rfc1044 enhancements and in tuning tests at cray research got channel speed thruput using only modest amount of 4341 processor (about factor of 500 times improvement in bytes moved per instruction executed). misc. past references to rfc1044 implementation
https://www.garlic.com/~lynn/subnetwork.html#1044

This was put up on MVS platform by implementing simulation of some required VM370 functions.

In the 90s, a contractor was paid to do a tcp/ip protocol implementation for VTAM. The initial implementation ran much faster than LU6.2. He was told that everybody knows that a *valid* tcp/ip protocol implementation is much slower than LU6.2 ... and he would only get paid for a *valid* implementation

while it is more drift ... most of the information is readily available including related wiki entries, gerstner's biography, etc. Note KKR is major private equity firm and AMEX had private equity arm that did major details. another private equity firm is Carlyle .. which Gerstner goes on to head from 2002-2008 after leaving IBM. FDC which is spun off in largest IPO todate in 1992 ... then in 2007, KKR takes private again in a reverse IPO. disclaimer: I do a stint as chief scientist at FDC ... while I was there, the CEO of AMEX (at the time of FDC IPO), is still member of the FDC board.

much longer winded discussion of gerstner/amex/fdc/shearson/kkr/citi/carlyle/tbtf/etc in (linkedin) "IBMer" (w/numerous URL refs) ... archived here
https://www.garlic.com/~lynn/2012g.html#82
some repeat here ... also throws in a little western union
https://www.garlic.com/~lynn/2012k.html#34

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

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

Singer Cartons of Punch Cards

Refed: **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: Singer Cartons of Punch Cards
Newsgroups: alt.folklore.computers
Date: Tue, 18 Sep 2012 20:31:28 -0400
Peter Flass <Peter_Flass@Yahoo.com> writes:
I don't know that they were especially cheap, but the *paper* was (I believe) quite expensive. Their advantage may have been speed - in those days a 2741 at 15cps was considered fast, and most people used a KSR33 at 10cps. Andersen-Jacobsen made a thermal printer that ran at 30cps and I thought it was blazingly fast, but it used that lousy thermal paper which was, I assume, only a bit better that the electrostatic.

in 77, my 2741 at home (mar1970) was "upgraded" to cdi miniterm & 300 baud ... picture in this post
https://www.garlic.com/~lynn/2008m.html#51

compact microfiche viewer, cdi miniterm and corporate "tie-line". I could get about 24hr turn around on microfiche printer ... anything that could be printed at the datacenter could be "printed" on microfiche. I had several hundred microfiche at home ... complete source listings plus lots of reference stutf.

It was replaced in 79 with 1200 baud 3101 ("glass teletype") had controller with (optional) printer. the controller could run as straight glass teletype ... but also had a psuedo block/3270 mode ... and there was some mainframe software that could almost simulate 3270 terminal over the ascii line using 3101 block mode. the printer could be slaved to glass teletype screen or could be inactive until a print screen was invoked.

then upgrade to pc and 2400 baud (special corporate) modem (with encrypting option). there was much more sophisticated internal 3270 simulation ... that also supported dictionary and compression between the pc and the mainframe (i.e. cache of recently strings that appeared on screen ... mainframe could do both transmission compression as well as indexing into the PC string cache (i.e. specify that so many bytes of string at position in the PC cache would be displayed at specific screen location).

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

Chip and pin 'weakness' exposed by Cambridge researchers

From: lynn@garlic.com (Lynn Wheeler)
Date: 18 Sep, 2012
Subject: Chip and pin 'weakness' exposed by Cambridge researchers
Blog: Financial Crime Risk, Fraud and Security
Chip and pin 'weakness' exposed by Cambridge researchers
http://www.bbc.co.uk/news/technology-19559124

Researchers: Chip and PIN Enables "Chip and Skim"
http://krebsonsecurity.com/2012/09/researchers-chip-and-pin-enables-chip-and-skim/

from above:
Researchers in the United Kingdom say they've discovered mounting evidence that thieves have been quietly exploiting design flaws in a security system widely used in Europe to prevent credit and debit card fraud at cash machines and point-of-sale devices.

... snip ...

note something similar ... but different from decade ago (yes card) ... gone 404 but lives on at wayback machine (last paragraph)
https://web.archive.org/web/20030417083810/http://www.smartcard.co.uk/resources/articles/cartes2002.html

Cambridge boffins: Chip-and-PIN cards CAN be cloned -- here's how
http://www.theregister.co.uk/2012/09/13/chip_and_pin_security_flaw_research/
Chip and PIN payment card system vulnerable to "pre-play" attacks
http://www.net-security.org/secworld.php?id=13581
Chip and Pin "Weakness" Exposed By Cambridge Researchers
http://news.slashdot.org/story/12/09/13/0110201/chip-and-pin-weakness-exposed-by-cambridge-researchers

The earlier yes card problem was total focus on countermeasure for lost/stolen card ... but nothing for skimming attacks. The result was terminal/infrastructure skimming was effectively identical to that for magstripe ... and using the skimmed information for creating a counterfeit card was only marginally more difficult than magstripe. The terrible mistake was putting business rules in the chip ... so once a counterfeit chip had been created ... it could be programmed to claim any pin entered was correct, always do offline transaction and every transaction was approved. This made magstripe countermeasure of deactivating account ineffective (which requires going online) ... leading to the comment in the ATM intgegrity taskforce meetings that they managed to spend billions of dollars to prove chips are less secure than magstripe.

There was large pilot deployment in the US a decade ago ... and pointing out the skimming attack fell on deaf ears ... the extreme myopic focus on lost/stolen countermeasures ... resulted in the response that they would change all valid card configuration to always go online (which had absolute no effect on either skimming or counterfeit yes cards always going offline). The eventual realization of the magnitude of the yes card vulnerability appeared to contribute to the pilot disappearing w/o a trace ... and some resistance to not repeat the process until the technology had been much better vetted in other deployments.

misc. past posts mentioning yes cards
https://www.garlic.com/~lynn/subintegrity.html#yescard

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

Singer Cartons of Punch Cards

Refed: **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: Singer Cartons of Punch Cards
Newsgroups: alt.folklore.computers
Date: Wed, 19 Sep 2012 13:41:43 -0400
Shmuel (Seymour J.) Metz <spamtrap@library.lspace.org.invalid> writes:
In 1979? I might believe 1988, but the statement under dispute was "It was replaced in 79 with 1200 baud 3101".

re:
https://www.garlic.com/~lynn/2012m.html#25 Singer Cartons of Punch Cards

got the 3101 (capable of 1200 bits/sec misspoke "baud") in 1979 ... however, didn't actually get 1200 vadic modem until spring of 1980 ... old email (also misspoke references "baud" instead of bits/sec)
https://www.garlic.com/~lynn/2006y.html#email800314

that and a couple other old 3101/ascii email from spring 1980 in this old post
https://www.garlic.com/~lynn/2006y.html#4

this
https://en.wikipedia.org/wiki/Modem

mentions:
In December 1972, Vadic introduced the VA3400. This device was remarkable because it provided full duplex operation at 1,200 bit/s over the dial network, using methods similar to those of the 103A in that it used different frequency bands for transmit and receive. In November 1976, AT&T introduced the 212A modem to compete with Vadic. It was similar in design to Vadic's model, but used the lower frequency set for transmission. It was also possible to use the 212A with a 103A modem at 300 bit/s. According to Vadic, the change in frequency assignments made the 212 intentionally incompatible with acoustic coupling, thereby locking out many potential modem manufacturers. In 1977, Vadic responded with the VA3467 triple modem, an answer-only modem sold to computer center operators that supported Vadic's 1,200-bit/s mode, AT&T's 212A mode, and 103A operation.

... snip ...

above also lists 1200modem (aka bits/sec) running at 600baud (1980) and 2400modem (aka bits/sec) running at 600baud (1984) ... along with 2400modem running at 1200baud and also in 1984, 9600modem running at 2400baud.

much later got a telebit trailblazer ... also mentioned in above

acoustic coupler
https://en.wikipedia.org/wiki/Acoustic_coupler

from above (possibly also misspeaks):
The practical upper limit for acoustic-coupled modems was 1200-baud, first made available in 1973 by Vadic and 1977 by AT&T. It became widespread in 1985 with advent of the Hayes Smartmodem 1200A. Such devices facilitated the creation of dial-up bulletin board systems, a forerunner of modern internet chat rooms, message boards, and e-mail.

... snip ...

hayes smartmodem
https://en.wikipedia.org/wiki/Hayes_Microcomputer_Products

from above:
In 1982, at the Spring Comdex in Atlantic City, Hayes introduced the Bell 212-compatible Smartmodem 1200 for $699, the first practical all-in-one 1200 bit/s Bell 212-compatible modem. The earlier design was redesignated the Smartmodem 300. At the time, Hayes was one of the few modem companies with the capital and engineering wherewithal to develop entirely new modem architectures. However, this was only a limited competitive advantage, since it was not long before companies offering Hayes "clones" introduced derivative 1200 bit/s models of their own.

... snip ...

references smartmodem 1200 as 1200 bit/sec (as opposed to 1200 baud). It also references smartmodem 2400 in 1985 (operating at 2400 bit/sec).

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

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

I.B.M. Mainframe Evolves to Serve the Digital World

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: lynn@garlic.com (Lynn Wheeler)
Date: 20 Sep, 2012
Subject: I.B.M. Mainframe Evolves to Serve the Digital World
Blog: Old Geek
re:
http://lnkd.in/JR_DNM

zEC12 chips increases cycle from 5.2ghz to 5.5ghz, 6% increase and increases max processors from 80 to 101 processors, a 26% increase.

The comment about 25% performance per core (up to 45%) possibly may be mostly based on increased cache sizes (lower cache miss rates) ... although there is mention of improved out-of-order

General mention of 50% faster could be 25%/core and 26%/no. processors. (50BIPS to 75BIPS?)

z10 to z196 went from max 64 to 80 processors and in max. config from 30BIPS to 50BIPS, a 67% increase. 16 more processors is 25% increase and introduction of out-of-order execution was claimed to be up to another 25% increase ... leaving misc. for the remaining 17% increase.

There aren't any mainframe measures on TPC transaction processing benchmark, like TPC-C
http://www.tpc.org/tpcc/results/tpcc_perf_results.asp

old report guestimated 7.5m tpmC for max configured z196 ... which potentially then is 9.74m tpmC for zEC12 (other items mention 30% increase in DBMS throughput) ... would still be less than the 10.37m tpmC for the power tpmC benchmark and a the 30.25m tpmC benchmark for sparc

IBM unveils faster, smaller mainframe
http://www.bbc.co.uk/news/technology-19399368

from above:
Market-research firm Gartner said the mainframe market was seeing a long-term decline. It estimated that annual sales would fall in 2012 and keep falling every year until at least 2016. During that five year period the market would shrink by 14%, it said.

... snip ...

there has recently been long-running thread in ibm-main about mainframe compared to i86 servers
https://groups.google.com/forum/?fromgroups=#!topic/bit.listserv.ibm-main/a0YcLe6F8JY

that I've been active in:
https://www.garlic.com/~lynn/2012l.html#16 .
https://www.garlic.com/~lynn/2012l.html#18 .
https://www.garlic.com/~lynn/2012l.html#19 .
https://www.garlic.com/~lynn/2012l.html#20 .
https://www.garlic.com/~lynn/2012l.html#25 .
https://www.garlic.com/~lynn/2012l.html#28 .
https://www.garlic.com/~lynn/2012l.html#29 .
https://www.garlic.com/~lynn/2012l.html#30 .
https://www.garlic.com/~lynn/2012l.html#31 .
https://www.garlic.com/~lynn/2012l.html#34 .

partial extract:

for one thing, a single mega-datacenter is estimated to be more processing power than the aggregate of all mainframes in the world today.

The dynamic, on-demand amazon cloud "supercomputer" is compared to the Fujitsu K Computer ... that operates at 10 petaflops (10,000tflops), has 864 racks, 88,128 interconnected processors and estimated total provisioned cost of $20M (less than maxed out 80 processor z196 @ $28M, rated at 50BIPS); $23,148/rack, $227/processor, $2000/TFLOP, $2/BFLOP, 113BFLOP/processor, 1,576TFLOP/rack ... 102processors/rack

By comparison, 80 processor z196 @28M and 50BIPS works out to $350,000/processor, $560,000/BIPS, and 624MIPS/processor.

... snip ...

A couple more x-over from ibm-main
https://www.garlic.com/~lynn/2012l.html#88 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#90 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

there were two different scenarios ... the large proliferation of i86 servers with very low processor utilization being able to leverage virtual machines to consolidate 10:1 ... even using the same hardware (i.e. being able to consolidate ten 10% utilized systems into a single system ... w/o changing hardware). In the middle of last decade Marines were talking about 10:1 consolidation of datacenters (each datacenter with approx. same number of servers ... using virtual machines to eliminate 90% of the datacenters ... with their servers typically avg. 10% cpu utilization).

then there is the comment about the e5-2600 with 527BIPS being able to consolidate at 20:1, prior generation servers. 1/20th of 527BIPS is 26BIPS ...
https://en.wikipedia.org/wiki/Million_instructions_per_second

from above, Intel core2 dual-core as recently as 2006 was 27BIPS. e5-2600 (@527BIPS) would be able to consolidate 20 such systems all avg. nearly 100% processor utilization (potentially even w/o virtualization ... if originally replicated running same application).

the 2006 core2 dual-core was 13BIPS/core ... compared to e6-2600 @527BIPS and 16cores is 33BIPS/core. 2.5 times per core performance increase over approx. five years but also four times the cores/chip gives factor of aggregate ten times increase per chip in five years ... and then two chips to give the 20:1. as per previous posts, e5-2600 @527BIPS is equivalent of 10.5 maxed out, 80-processor, 50BIP z196 or seven maxed out, 101-processor 75BIP zEC12 (z196 core is 50/80 or 624MIPS and zEC12 core is 75/101 or 743MIPS).

moore's law doubling every 18months hit single processor thruput increase limits sometime ago ... this old thread quotes intels svp pat gelsinger having to explain the realities to the CEO of microsoft and need to adopt parallel programming in order to take avantage of further thruput increases: https://www.garlic.com/~lynn/2008f.html#42 Panic in Multicore Land

IBM had somewhat similar moment with 3081 ... which originally wasn't going to have a single processor version ... but there was issue with ACP/TPF not having (tightly-coupled) multiprocessor support (ACP/TPF had loosely-coupled support from early days in 60s) and the major clone vendor still offering faster single processor machine (potential that all the ACP/TPF customers would migrate to clone vendor). Initially there were all sorts of unnatural acts to try and make 3081 attractive to ACP/TPF customers ... but finally a 3083 had to be offered by removing one of the processor from 3081 (there were some physical issues since 3081 processor0 was at the top of the box ... and it would have been more of a no brainer to remove processor1 in the middle of the box ... but that would have left the box dangerously top-heavy).

of course the 3081 also had lots of other issues ... one of the quick&dirty efforts launched after failure of future system (FS internal politics actively killing off all the 370 efforts ... lack of 370 products also allowed the clone processor vendors to gain market foothold). misc. past posts mentioning Future System
https://www.garlic.com/~lynn/submain.html#futuresys

recent old email post discussing some of the clone & emulation competition
https://www.garlic.com/~lynn/2012l.html#email890707
in this post/thread
https://www.garlic.com/~lynn/2012l.html#72 zEC12, and previous generations, "why?" type question - GPU computing.

discusses 3081 technology being some warmed over FS stuff, but compares very poorly with clone vendors
http://www.jfsowa.com/computer/memo125.htm

there is more recent about z (z196 & zEC12) and i86 (e5-2600) ... this time I/O capacity (rather than processor)
https://www.garlic.com/~lynn/2012m.html#2 .
https://www.garlic.com/~lynn/2012m.html#3 .
https://www.garlic.com/~lynn/2012m.html#4 .
https://www.garlic.com/~lynn/2012m.html#5 .
https://www.garlic.com/~lynn/2012m.html#6 .

part of the above:

As I've referenced numeruous times (ever since early 90s fibre channel standards meetings) ... FICON was effectively really ugly and unnatural layering of traditional mainframe channel paradigm on top of base fibre channel ... enormously cutting effective thruput. zHPF and TCW significantly improves FICON thruput ... partially recreating the original underlying fibre channel paradigm as another layer ontop, starting to approach the underlying, native fibre channel thruput

individual zHPF fibre channel peak at 92k IOPS (significant improvement compared to base FICON but less than 1/10th 1M IOPS emulex fibre channel for e5-2600) and 104 zHPF channels has theoritical peak of 9.6M IOPS ... but max z196 peaks 2M IOPS and the 14 system assist processors saturates (all running at 100% utilization) at theoritical peak 2.2M IOPS.

aka

FICON was going to take fibre channel ... which had a lot of asynchronous, concurrent, and "batching" (whole i/o programs in on transmission) and put a layer on top that eliminates many of the fibre channel features ... effectively attempting to revert to ESCON with faster burst transmission rate. Later zHPF & TCW attempts to add some of the original underlying fibre channel efficiencies as a layer ontop of FICON ... starting to approach some of the original fibre channel throughput efficiencies --
virtualization experience starting Jan1968, online at home since Mar1970

Cultural attitudes towards failure

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From: lynn@garlic.com (Lynn Wheeler)
Date: 20 Sep, 2012
Subject: Cultural attitudes towards failure
Blog: Boyd Strategy
re:
http://lnkd.in/9q5Zvq
and
https://www.garlic.com/~lynn/2012k.html#87 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012l.html#2 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012l.html#5 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012l.html#10 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012l.html#13 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012l.html#17 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012l.html#69 Cultural attitudes towards failure

Contrasts England with ("failed") Spain/Portugal which had become totally focused on managing their wealth (from the new world) and not actually doing or producing anything of their own.

The Influence of Sea Power Upon History, 1660-1783 (A. T. Mahan), 1890,
http://www.gutenberg.org/ebooks/13529
loc1287-91:
The mines of Brazil were the ruin of Portugal, as those of Mexico and Peru had been of Spain; all manufactures fell into insane contempt; ere long the English supplied the Portuguese not only with clothes, but with all merchandise, all commodities, even to salt-fish and grain. After their gold, the Portuguese abandoned their very soil; the vineyards of Oporto were finally bought by the English with Brazilian gold, which had only passed through Portugal to be spread throughout England.

... snip ...

"Why Nations Fail" (upthread) discusses that England initially attempted to emulate Spain with Jamestown in the early 1600s. Mahan's reference is reminiscant of recent discussions of US corporations exporting jobs to other countries.

published last week
https://www.amazon.com/Who-Stole-American-Dream-ebook/dp/B007MEWAX2
spends quite a bit of time on the rise of wallstreet focused on management of wealth and sending jobs overseas ... including quotes by former IBM VP (and head of Research), loc4213-16:
In this new era of globalization, the interests of companies and countries have diverged. In contrast with the past, what is good for America's global corporations is no longer necessarily good for the American people. -- RALPH GOMORY, former IBM vice president

... snip ... also (with regard to France) from Mahan, loc1705-8
the miserable traditions of three quarters of a century already alluded to, the miserable policy of a government which taught them first to save their ships, to economize the material, prevented French admirals from reaping, not the mere glory, but the positive advantages that more than once were within their grasp.

.... snip ...

The "Who Stole American Dream" also wanders into the question about how did Afghanistan counter-terrorism against al qaeda turn into COIN. reference to this old 9/11 article turned up today:

Afghanistan Is Like Nothing You've Ever Seen, Soviet Vets Say; Strategy: Soldiers who fought there warn the U.S. to expect daily deliveries of coffins and few targets other than villages.
http://articles.latimes.com/2001/sep/19/news/mn-47315

goes along with articles about long delay to assemble large force allowed al qaeda to slip away ... which goes along with theme from Spinney about strategy of continuous conflict and perpetual war ...
http://chuckspinney.blogspot.com/p/domestic-roots-of-perpetual-war.html

other recent posts referencing "Why Nations Fail":
https://www.garlic.com/~lynn/2012e.html#31 PC industry is heading for more change
https://www.garlic.com/~lynn/2012e.html#34 The never-ending SCO lawsuit
https://www.garlic.com/~lynn/2012e.html#35 The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
https://www.garlic.com/~lynn/2012e.html#36 The never-ending SCO lawsuit
https://www.garlic.com/~lynn/2012e.html#57 speculation
https://www.garlic.com/~lynn/2012e.html#60 Candid Communications & Tweaking Curiosity, Tools to Consider
https://www.garlic.com/~lynn/2012e.html#70 Disruptive Thinkers: Defining the Problem
https://www.garlic.com/~lynn/2012f.html#32 Back to the future: convict labor returns to America
https://www.garlic.com/~lynn/2012f.html#70 The Army and Special Forces: The Fantasy Continues
https://www.garlic.com/~lynn/2012f.html#80 The Failure of Central Planning
https://www.garlic.com/~lynn/2012f.html#84 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012h.html#10 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#15 Imbecilic Constitution
https://www.garlic.com/~lynn/2012i.html#85 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012k.html#42 The IBM "Open Door" policy

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Thu, 20 Sep 2012 19:24:15 -0400
Peter Flass <Peter_Flass@Yahoo.com> writes:
The banks should be allowed to fail - they used to be. The purpose of the FDIC is not to prop up banks, but to reimburse the depositors when the bank goes under. Somewhere along the way we seem to have lost sight of this. The system worked well until the most recent crisis, with the glaring problem that the failed banks were sold off to supposedly solvent larger banks, with the result that the big banks got bigger.

the bigger banks had failed ... it was the gov. (or at least parts of the gov ... like the joke from last decade about treasury being goldman-sachs branch office in washington) that kept them going.

recently there has been a series of reports of a whole range of ongoing violations & criminal activity by the too-big-to-fail including money laundering for the drug cartels. when the money laundering for the drug cartels showed up summer of 2010 ... too-big-to-jail was also coined ... referencing since they weren't going to throw the executives in jail ... gov. begging them to promise to stop money laundering.

lots of recent stuff about gov. not trying to correct the situation ... but encouraging it to get worse with too-big-to-fail grown even larger. recent news item that five largest too-big-to-fail now have aggregate assets equivalent to 60% of GDP.

this has the "Wall Street Rule":

Mirable Dictu! Has Someone Noticed the IRS isn't Enforcing Tax Laws in the Mortgage-Industrial Complex?
http://www.nakedcapitalism.com/2012/09/mirable-dictu-has-someone-noticed-the-irs-isnt-enforcing-tax-laws-in-the-mortgage-industrial-complex.html

references:

Wall Street Rules Applied to REMIC Classification
http://newsandinsight.thomsonreuters.com/New_York/Insight/2012/09_-_September/Wall_Street_Rules_Applied_to_REMIC_Classification/

from above:
They take aggressive positions, and they figure that if enough of them take an aggressive position, and there's billions of dollars at stake, then the IRS is kind of estopped from arguing with them because so much would blow up. And that is called the Wall Street Rule. That is literally the nickname for it.

... snip ...

there have been other references that the five year statute of limitations has run out on much of the activity from last decade ... but the above references that if there was fraud ... then the statute of limitations doesn't apply.

past posts mentioning too-big-to-jail:
https://www.garlic.com/~lynn/2010m.html#24 Little-Noted, Prepaid Rules Would Cover Non-Banks As Wells As Banks
https://www.garlic.com/~lynn/2010q.html#58 Programmer Charged with thieft (maybe off topic)
https://www.garlic.com/~lynn/2011.html#50 What do you think about fraud prevention in the governments?
https://www.garlic.com/~lynn/2011f.html#52 Are Americans serious about dealing with money laundering and the drug cartels?
https://www.garlic.com/~lynn/2011n.html#49 The men who crashed the world
https://www.garlic.com/~lynn/2012e.html#16 Wonder if they know how Boydian they are?
https://www.garlic.com/~lynn/2012e.html#35 The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
https://www.garlic.com/~lynn/2012e.html#37 The $30 billion Social Security hack
https://www.garlic.com/~lynn/2012f.html#88 Defense acquisitions are broken and no one cares
https://www.garlic.com/~lynn/2012g.html#9 JPM LOSES $2 BILLION USD!
https://www.garlic.com/~lynn/2012g.html#20 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012i.html#14 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012j.html#25 This Is The Wall Street Scandal Of All Scandals
https://www.garlic.com/~lynn/2012k.html#37 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?

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

Still think the mainframe is going away soon: Think again. IBM mainframe computer sales are 4% of IBM's revenue; with software, services, and storage it's 25%

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From: lynn@garlic.com (Lynn Wheeler)
Date: 20 Sep, 2012
Subject: Still think the mainframe is going away soon: Think again. IBM mainframe computer sales are 4% of IBM's revenue; with software, services, and storage it's 25%.
Blog: Enterprise System
re:
http://lnkd.in/mjYX6H

ibm 4300 & DEC vax/vms sold into the same midrange market. In small unit orders, sold similar volumes ... big difference between 43xx and vax/vms were large corporate orders for 43xx in hundreds at a time ... going into departmental supply rooms ... sort of the leading edge of the distributed computing tsunami. 4361/4381 follow-on were expecting continued large growth in sales ... but by that time, the mid-range market was starting to move to workstations and large PCs. It can be seen in this decade of vax/vms sales, sliced&diced by year, model. us/non-us:
https://www.garlic.com/~lynn/2002f.html#0

Clusters of 4341s were also threatening to high-end 3033 & 3081... having significant better price/performance, greater aggregate throughput, and lower environmental footprint. There were various internal politics from POK to try and throttle the damage that clusters of 4341s could do to 3033&3081 sales. old email mentioning 4300
https://www.garlic.com/~lynn/lhwemail.html#43xx

in 1971 ibm started FS effort to completely replace 370 with something radically different ... that was exceedingly complex. During the FS period 370 efforts were being killed off ... and the lack of 370 products during the period is credited with giving clone processors a market foothold. FS besides being exceedingly complex had lots of overhead ... all contributing to the effort finally failing. One of the analysis was that if an FS machine was built from the fastest available technology (used for 370/195), applications would only have thruput of 370/145 (a factor of 30 times slowdown). After FS failed, there was mad rush to get products back into the 370 pipeline. Folklore is that some go off to rochester and doing a vastly simplified implementation for the S/38 (at the low-end they could also tolerate the 30 times slowdown). old posts mentioning Future System
https://www.garlic.com/~lynn/submain.html#futuresys

I've frequently claimed that 801/risc was done opposite spectrum from the enormous FS complexity. 1980 there is major effort to replace the large variety of different corporate microprocessors ... including large number of controllers, embedded processors, also those used in low-end & mid-range 370 ... as well as the s/38 follow-on, as/400. For variety of reasons, the efforts flounder ... and activity returns to cisc processors (and some number of risc engineers leave the company and go off to do risc at other vendors).

ROMP (801/risc) was suppose to be used for follow-on to the displaywriter ... which also got canceled. The ROMP group then decides to retarget to the unix workstation market and get the company that had done UNIX port to pc for PC/IX to do one for ROMP (as AIX). old posts mentioning 801/rsc
https://www.garlic.com/~lynn/subtopic.html#801

Late 80s, senior disk engineer gets talk scheduled at the annual, internal, world-wide communication group conference and opens the talk with the statement that the communication group was going to be responsible for demise of the disk division. The issue was that the communication group had strangle-hold on datacenter ... attempting to protect their dumb terminal emulation install base and fighting off distributed computing and client/server. The disk division was seeing it with drop in disk sales as data was fleeing the mainframe to more distributed computing friendly platforms. The disk division came up with number of products to correct the situation ... but because the communication group had strategic ownership of everything that cross datacenter walls ... it could constantly block those products. old posts mentioning dumb terminal emulation
https://www.garlic.com/~lynn/subnetwork.html#emulation

A fully configured max z196 with 80processors goes for $28M and has processor rating of 50BIPS. The 4% for mainframe hardware but 25% total (including software, services, storage), implies multiplier of 25/4 for total cost to customer; i.e. for $28M z196 is $175M ($3.5M/BIPS). IBM has base list price of $1815 for e5-2600 blade which have ratings of 527BIPS ($3.44/BIPS)

recent posts mentioning $175M for fully configured z196:
https://www.garlic.com/~lynn/2012l.html#56 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#81 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#87 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Fri, 21 Sep 2012 09:42:07 -0400
Patrick Scheible <kkt@zipcon.net> writes:
We have these insane three-year campaigns for President that cannot take place without the money from the bankers. So neither side wants to offend them by sending them to jail or even letting failed banks go under without paying the officers golden parachutes.

re:
https://www.garlic.com/~lynn/2012m.html#30 General Mills computer

much more than president is congress ... lobbying for tax code is one of the major things that contribute to congress being the most corrupt institution on earth. tax code with all the special loopholes is now over 72,000 pages. there are claims that direct & indirect costs dealing with complexity of tax code costs 5-6% of GDP ... which could be brought back if go to radically simplified tax code of 400-500 pages (any individual loss of special loopholes would be more than offset by 5-6% improvement in GDP).

starts with wallstreet ... but continues with pharmaceutical, farm/food industry, military-industrial-congressional complex, etc. one of the jokes is that congress could be bought ... they would pass legislation that was "permanent" ... congress has moved to just being rented ... change in legislation so it is just temporary ... so there is lots of recurring graft&corruption. the apparent differences&conflicts between the two parties is periodically referred to as Kabuki theater ... used as both roman circus (to distract the populace) and significantly increase the periodic flow of funds (re-occurring payments)

this published last week ... spends some amount of time discussing the rise of wallstreet
https://www.amazon.com/Who-Stole-American-Dream-ebook/dp/B007MEWAX2
including several comments from former IBM vp (and head of research) loc4213-16:
In this new era of globalization, the interests of companies and countries have diverged. In contrast with the past, what is good for America's global corporations is no longer necessarily good for the American people. -- RALPH GOMORY, former IBM vice president

... snip ...

as well as wallstreet focus on managing wealth and offshoring jobs ... which has analogy here: The Influence of Sea Power Upon History, 1660-1783 (A. T. Mahan), 1890
http://www.gutenberg.org/ebooks/13529
loc1287-91:
The mines of Brazil were the ruin of Portugal, as those of Mexico and Peru had been of Spain; all manufactures fell into insane contempt; ere long the English supplied the Portuguese not only with clothes, but with all merchandise, all commodities, even to salt-fish and grain. After their gold, the Portuguese abandoned their very soil; the vineyards of Oporto were finally bought by the English with Brazilian gold, which had only passed through Portugal to be spread throughout England.

... snip ...

a few past posts mentioning kabuki theater and/or penalty the economy pays for dealing with the enormously complex tax code:
https://www.garlic.com/~lynn/2008m.html#49 Taxes
https://www.garlic.com/~lynn/2008m.html#87 Fraud due to stupid failure to test for negative
https://www.garlic.com/~lynn/2009d.html#74 Why is everyone talking about AIG bonuses of millions and keeping their mouth shut on billions sent to foreign banks?
https://www.garlic.com/~lynn/2009e.html#53 Are the "brightest minds in finance" finally onto something?
https://www.garlic.com/~lynn/2009e.html#83 Architectural Diversity
https://www.garlic.com/~lynn/2009h.html#20 China's yuan 'set to usurp US dollar' as world's reserve currency
https://www.garlic.com/~lynn/2009i.html#13 64 Cores -- IBM is showing a prototype already
https://www.garlic.com/~lynn/2009p.html#31 Opinions on the 'Unix Haters' Handbook
https://www.garlic.com/~lynn/2010d.html#48 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010l.html#69 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010o.html#59 They always think we don't understand
https://www.garlic.com/~lynn/2011d.html#18 The first personal computer (PC)
https://www.garlic.com/~lynn/2011g.html#8 Is the magic and romance killed by Windows (and Linux)?
https://www.garlic.com/~lynn/2011k.html#4 Geithner, Bernanke have little in arsenal to fight new crisis
https://www.garlic.com/~lynn/2011k.html#18 What Uncle Warren doesn't mention
https://www.garlic.com/~lynn/2011k.html#73 Who was the Greatest IBM President and CEO of the last century
https://www.garlic.com/~lynn/2011l.html#39 Kabuki Theater 1603-1629
https://www.garlic.com/~lynn/2011l.html#44 Kabuki Theater 1603-1629
https://www.garlic.com/~lynn/2011l.html#54 Why stability trumps innovation
https://www.garlic.com/~lynn/2011l.html#67 computer bootlaces
https://www.garlic.com/~lynn/2011l.html#68 computer bootlaces
https://www.garlic.com/~lynn/2011m.html#0 computer bootlaces
https://www.garlic.com/~lynn/2011m.html#2 computer bootlaces
https://www.garlic.com/~lynn/2011m.html#5 computer bootlaces
https://www.garlic.com/~lynn/2011m.html#14 computer bootlaces
https://www.garlic.com/~lynn/2011m.html#52 Chinese researchers say early climate changes responsible for human crisis
https://www.garlic.com/~lynn/2011o.html#4 The men who crashed the world
https://www.garlic.com/~lynn/2011o.html#66 Civilization, doomed?
https://www.garlic.com/~lynn/2011p.html#73 A question for the readership
https://www.garlic.com/~lynn/2011p.html#86 Congress as Kabuki Theater
https://www.garlic.com/~lynn/2011p.html#99 Stop SOPA! A Plea from the Inventors of the Internet
https://www.garlic.com/~lynn/2011p.html#137 The High Cost of Failing Artificial Hips
https://www.garlic.com/~lynn/2012b.html#24 PC industry is heading for more change
https://www.garlic.com/~lynn/2012b.html#33 The PC industry is heading for collapse
https://www.garlic.com/~lynn/2012c.html#22 You can't do the math without the words
https://www.garlic.com/~lynn/2012d.html#16 IBM cuts more than 1,000 U.S. Workers
https://www.garlic.com/~lynn/2012d.html#36 McCain calls for U.S.-led airstrikes in Syria
https://www.garlic.com/~lynn/2012d.html#61 Why Republicans Aren't Mentioning the Real Cause of Rising Prices at the Gas Pump
https://www.garlic.com/~lynn/2012e.html#1 The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
https://www.garlic.com/~lynn/2012e.html#58 Word Length
https://www.garlic.com/~lynn/2012e.html#88 Developing a Disruptive Mindset
https://www.garlic.com/~lynn/2012f.html#15 Born Fighting
https://www.garlic.com/~lynn/2012f.html#17 Let the IRS Do Your Taxes, Really
https://www.garlic.com/~lynn/2012f.html#25 Time to competency for new software language?
https://www.garlic.com/~lynn/2012f.html#31 Rome speaks to us. Their example can inspire us to avoid their fate
https://www.garlic.com/~lynn/2012g.html#46 Why America Is Slouching Towards Third World Status
https://www.garlic.com/~lynn/2012g.html#47 How Selecting Voters Randomly Can Lead to Better Elections
https://www.garlic.com/~lynn/2012h.html#32 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#33 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#34 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#39 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#64 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#1 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#41 Lawmakers reworked financial portfolios after talks with Fed, Treasury officials
https://www.garlic.com/~lynn/2012i.html#86 Should the IBM approach be given a chance to fix the health care system?
https://www.garlic.com/~lynn/2012k.html#12 The Secret Consensus Among Economists
https://www.garlic.com/~lynn/2012l.html#55 CALCULATORS
https://www.garlic.com/~lynn/2012l.html#60 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012l.html#66 Singer Cartons of Punch Cards

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Fri, 21 Sep 2012 11:05:21 -0400
Dave Garland <dave.garland@wizinfo.com> writes:
So what? They understand who their "friends" are. More importantly, their "friends" know who they are. And their "friends" will explain the complicated matters of finance, trade, and money to them.

It's not even necessarily a matter of buying them. One local lobbyist was quoted as saying that he didn't pay legislators to do things he wanted, he found legislators who did things he wanted anyhow and funneled money to them to finance keeping them in office. It's not exactly a quid pro quo, it's more like producing some food every time the bell rings.


re:
https://www.garlic.com/~lynn/2012m.html#30 General Mills computer
https://www.garlic.com/~lynn/2012m.html#32 General Mills computer

it was US comptroller general middle of last decade that was including in speeches that nobody in congress was capable of middle school arithmetic ... lot of it prompted by what congress was doing to the budget after they let the fiscal responsibility act expire in 2002.

there are various articles that head of important committees use to go to the most qualified congress person ... more recently they are handed out as rewards to party favorites. at the start of the current congress, the house majority leader was on local dc program bragging about putting party loyalists on the tax&finance committees as rewards since it is those commmittee members that receive the largest amount of dollars.

only small part of the graft & corruption
http://www.opensecrets.org/lobby/index.php

Wall Street Lobbying Efforts Reach $4.2 Billion Since 2006, Or $1,331 A Minute, Report States
http://www.huffingtonpost.com/2012/08/17/wall-street-lobbying_n_1796443.html

aka FIRE (Finance, Insurace, and Real Estate).

Wall Street's #1 "Investment" = 100 Senators, 435 Congressmen & 261,000 Lobbyists, Then CEOs Get Huge 100:1 Payoffs, Taxpayers Stuck With The Tab!
http://wallstreetwarzone.com/invest-heavily-in-lobbyists-political-campaigns/

buying congress at 10000% ROI is biggest corporate payback.

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

The Weekly Walk of Shame: Wall Street Lobbyists and Your Money
http://www.fool.com/investing/general/2010/06/23/the-weekly-walk-of-shame-wall-street-lobbyists-and.aspx

CBO has that last decade tax revenue was reduced by $6T and spending increased by $6T for a $12T budget gap (compared to baseline which had all federal debt retired by 2010). Much of this occurring after congress let the fiscal responsibility act expire in 2002 (required that spending match tax revenues) ... big motivation for the comments about nobody in congress capable of middle school arithmetic; comptroller general would refer to the first major legislation (medicare part-d) after the fiscal responsibility act expired ... as long term unfunded mandate coming to represent $40T, totally swamping all other budget items.

cbs 60 mins did segment on part-d as trillions of dollar gift to the pharmaceutical industry. detailed how 18 members of congress & major staff (all from majority party at the time) orchistrated bill thru congress ... and at the last minute inserted one sentence in the bill that prevented competitive bidding ... and prevented CBO from distributing report on the effect of that sentence until after the bill passed. Afterwards, all 18 had resigned and were on drug industry payroll. 60mins also had side-by-side comparison of identical drugs under part-d and veterans administration (which allows competitive bidding) ... with part-d drugs three times the price of same identical drugs from VA.

misc. past posts mentioning US comptroller general and/or medicare part-d
https://www.garlic.com/~lynn/2006f.html#41 The Pankian Metaphor
https://www.garlic.com/~lynn/2006f.html#44 The Pankian Metaphor
https://www.garlic.com/~lynn/2006g.html#9 The Pankian Metaphor
https://www.garlic.com/~lynn/2006g.html#14 The Pankian Metaphor
https://www.garlic.com/~lynn/2006g.html#27 The Pankian Metaphor
https://www.garlic.com/~lynn/2006h.html#2 The Pankian Metaphor
https://www.garlic.com/~lynn/2006h.html#3 The Pankian Metaphor
https://www.garlic.com/~lynn/2006h.html#4 The Pankian Metaphor
https://www.garlic.com/~lynn/2006h.html#17 The Pankian Metaphor
https://www.garlic.com/~lynn/2006h.html#19 The Pankian Metaphor
https://www.garlic.com/~lynn/2006h.html#33 The Pankian Metaphor
https://www.garlic.com/~lynn/2006o.html#61 Health Care
https://www.garlic.com/~lynn/2006p.html#17 Health Care
https://www.garlic.com/~lynn/2006r.html#0 Cray-1 Anniversary Event - September 21st
https://www.garlic.com/~lynn/2006t.html#26 Universal constants
https://www.garlic.com/~lynn/2007j.html#20 IBM Unionization
https://www.garlic.com/~lynn/2007j.html#91 IBM Unionization
https://www.garlic.com/~lynn/2007k.html#19 Another "migration" from the mainframe
https://www.garlic.com/~lynn/2007o.html#74 Horrid thought about Politics, President Bush, and Democrats
https://www.garlic.com/~lynn/2007p.html#22 U.S. Cedes Top Spot in Global IT Competitiveness
https://www.garlic.com/~lynn/2007q.html#7 what does xp do when system is copying
https://www.garlic.com/~lynn/2007s.html#1 Translation of IBM Basic Assembler to C?
https://www.garlic.com/~lynn/2007t.html#13 Newsweek article--baby boomers and computers
https://www.garlic.com/~lynn/2007t.html#14 Newsweek article--baby boomers and computers
https://www.garlic.com/~lynn/2007t.html#15 Newsweek article--baby boomers and computers
https://www.garlic.com/~lynn/2007t.html#24 Translation of IBM Basic Assembler to C?
https://www.garlic.com/~lynn/2007t.html#25 Newsweek article--baby boomers and computers
https://www.garlic.com/~lynn/2007t.html#33 Newsweek article--baby boomers and computers
https://www.garlic.com/~lynn/2007t.html#35 Newsweek article--baby boomers and computers
https://www.garlic.com/~lynn/2007v.html#26 2007 Year in Review on Mainframes - Interesting
https://www.garlic.com/~lynn/2008.html#57 Computer Science Education: Where Are the Software Engineers of Tomorrow?
https://www.garlic.com/~lynn/2008d.html#40 Computer Science Education: Where Are the Software Engineers of Tomorrow?
https://www.garlic.com/~lynn/2008e.html#50 fraying infrastructure
https://www.garlic.com/~lynn/2008f.html#86 Banks failing to manage IT risk - study
https://www.garlic.com/~lynn/2008g.html#1 The Workplace War for Age and Talent
https://www.garlic.com/~lynn/2008h.html#3 America's Prophet of Fiscal Doom
https://www.garlic.com/~lynn/2008h.html#26 The Return of Ada
https://www.garlic.com/~lynn/2008i.html#98 dollar coins
https://www.garlic.com/~lynn/2008n.html#8 Taxcuts
https://www.garlic.com/~lynn/2008n.html#9 Taxcuts
https://www.garlic.com/~lynn/2008n.html#17 Michigan industry
https://www.garlic.com/~lynn/2009f.html#20 What is the real basis for business mess we are facing today?
https://www.garlic.com/~lynn/2009n.html#55 Hexadecimal Kid - articles from Computerworld wanted
https://www.garlic.com/~lynn/2009p.html#86 Opinions on the 'Unix Haters' Handbook
https://www.garlic.com/~lynn/2009p.html#87 IBM driving mainframe systems programmers into the ground
https://www.garlic.com/~lynn/2010.html#36 Happy DEC-10 Day
https://www.garlic.com/~lynn/2010.html#37 Happy DEC-10 Day
https://www.garlic.com/~lynn/2010b.html#60 Happy DEC-10 Day
https://www.garlic.com/~lynn/2010c.html#0 Oldest Instruction Set still in daily use?
https://www.garlic.com/~lynn/2010c.html#3 Oldest Instruction Set still in daily use?
https://www.garlic.com/~lynn/2010c.html#9 Oldest Instruction Set still in daily use?
https://www.garlic.com/~lynn/2010c.html#23 Happy DEC-10 Day
https://www.garlic.com/~lynn/2010f.html#34 The 2010 Census
https://www.garlic.com/~lynn/2010f.html#35 The 2010 Census
https://www.garlic.com/~lynn/2010f.html#46 not even sort of about The 2010 Census
https://www.garlic.com/~lynn/2010m.html#79 Idiotic take on Bush tax cuts expiring
https://www.garlic.com/~lynn/2010o.html#66 They always think we don't understand
https://www.garlic.com/~lynn/2010o.html#69 They always think we don't understand
https://www.garlic.com/~lynn/2010o.html#75 origin of 'fields'?
https://www.garlic.com/~lynn/2010o.html#78 origin of 'fields'?
https://www.garlic.com/~lynn/2011g.html#72 77,000 federal workers paid more than governors
https://www.garlic.com/~lynn/2011i.html#14 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#15 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#20 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#22 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#28 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#29 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#33 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#37 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#44 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011j.html#18 Congressional Bickering
https://www.garlic.com/~lynn/2011j.html#40 Advice from Richard P. Feynman
https://www.garlic.com/~lynn/2011l.html#36 The Next Convergence: The Future of Economic Growth in a Multispeed World
https://www.garlic.com/~lynn/2011l.html#59 computer bootlaces
https://www.garlic.com/~lynn/2011m.html#68 Bernanke Hearings
https://www.garlic.com/~lynn/2011n.html#57 The Mortgage Crisis---Some Inside Views
https://www.garlic.com/~lynn/2011n.html#67 The debt fallout: How Social Security went "cash negative" earlier than expected
https://www.garlic.com/~lynn/2011o.html#42 Speed: Re: Soups
https://www.garlic.com/~lynn/2011o.html#73 How Pursuit of Profits Kills Innovation and the U.S. Economy
https://www.garlic.com/~lynn/2011p.html#136 Gingrich urged yes vote on controversial Medicare bill
https://www.garlic.com/~lynn/2011p.html#137 The High Cost of Failing Artificial Hips
https://www.garlic.com/~lynn/2012.html#6 We are on the brink of a historic decision [referring to defence cuts]
https://www.garlic.com/~lynn/2012c.html#50 They're Trying to Block Military Cuts
https://www.garlic.com/~lynn/2012c.html#53 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#36 McCain calls for U.S.-led airstrikes in Syria
https://www.garlic.com/~lynn/2012e.html#58 Word Length
https://www.garlic.com/~lynn/2012f.html#61 Zakaria: by itself, Buffett rule is good
https://www.garlic.com/~lynn/2012f.html#81 The Pentagon's New Defense Clandestine Service
https://www.garlic.com/~lynn/2012f.html#88 Defense acquisitions are broken and no one cares
https://www.garlic.com/~lynn/2012g.html#6 Adult Supervision
https://www.garlic.com/~lynn/2012g.html#45 Fareed Zakaria
https://www.garlic.com/~lynn/2012h.html#5 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#6 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#25 US economic update. Everything that follows is a result of what you see here
https://www.garlic.com/~lynn/2012h.html#27 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#33 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#40 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#61 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#68 Interesting News Article
https://www.garlic.com/~lynn/2012i.html#0 Interesting News Article
https://www.garlic.com/~lynn/2012i.html#41 Lawmakers reworked financial portfolios after talks with Fed, Treasury officials
https://www.garlic.com/~lynn/2012i.html#51 Is this Boyd's fundamental postulate, 'to improve our capacity for independent action'? thoughts please
https://www.garlic.com/~lynn/2012i.html#63 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#81 Should the IBM approach be given a chance to fix the health care system?
https://www.garlic.com/~lynn/2012k.html#37 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?
https://www.garlic.com/~lynn/2012k.html#45 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?
https://www.garlic.com/~lynn/2012k.html#74 Unthinkable, Predictable Disasters
https://www.garlic.com/~lynn/2012k.html#79 Romney and Ryan's Phony Deficit-Reduction Plan
https://www.garlic.com/~lynn/2012l.html#85 Singer Cartons of Punch Cards

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Fri, 21 Sep 2012 12:41:22 -0400
jmfbahciv <See.above@aol.com> writes:
US, Germany, Spain, Greece, Britain. and those are just off the top of my head without thinking.

re:
https://www.garlic.com/~lynn/2012m.html#30 General Mills computer
https://www.garlic.com/~lynn/2012m.html#32 General Mills computer
https://www.garlic.com/~lynn/2012m.html#33 General Mills computer

x-over from this boyd discussion group post ... analogy with wallstreet obsession with managing wealth and offshoring all manufacturing jobs
https://www.garlic.com/~lynn/2012m.html#29 Cultural attitudes towards failure

Contrasts England with ("failed") Spain/Portugal which had become totally focused on managing their wealth (from the new world) and not actually doing or producing anything of their own.

The Influence of Sea Power Upon History, 1660-1783 (A. T. Mahan), 1890,
http://www.gutenberg.org/ebooks/13529
loc1287-91:
The mines of Brazil were the ruin of Portugal, as those of Mexico and Peru had been of Spain; all manufactures fell into insane contempt; ere long the English supplied the Portuguese not only with clothes, but with all merchandise, all commodities, even to salt-fish and grain. After their gold, the Portuguese abandoned their very soil; the vineyards of Oporto were finally bought by the English with Brazilian gold, which had only passed through Portugal to be spread throughout England.

... snip ...

"Why Nations Fail" (upthread) discusses that England initially attempted to emulate Spain with Jamestown in the early 1600s. Mahan's reference is reminiscant of recent discussions of US corporations exporting jobs to other countries.

published last week
https://www.amazon.com/Who-Stole-American-Dream-ebook/dp/B007MEWAX2
spends quite a bit of time on the rise of wallstreet focused on management of wealth and sending jobs overseas ... including quotes by former IBM VP (and head of Research), loc4213-16:
In this new era of globalization, the interests of companies and countries have diverged. In contrast with the past, what is good for America's global corporations is no longer necessarily good for the American people. -- RALPH GOMORY, former IBM vice president

... snip ...

above also referenced in this (linkedin) IBMers discussion
https://www.garlic.com/~lynn/2012m.html#23 How do you feel about the fact that today India has more IBM employees than any of the other countries in the world including the USA.?

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Fri, 21 Sep 2012 12:53:38 -0400
Peter Flass <Peter_Flass@Yahoo.com> writes:
They can do math just fine, what they're counting is votes instead of budget dollars.

re:
https://www.garlic.com/~lynn/2012m.html#30 General Mills computer
https://www.garlic.com/~lynn/2012m.html#32 General Mills computer
https://www.garlic.com/~lynn/2012m.html#33 General Mills computer
https://www.garlic.com/~lynn/2012m.html#34 General Mills computer

I think they are counting dollars in their pockets ... not budget dollars (some of the dollars may be used for getting re-elected). however, there have been counts of freshman in congress that have become millionaires ... part of theme that congress is the most corrupt institution on earth.

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Fri, 21 Sep 2012 12:57:47 -0400
"Charlie Gibbs" <cgibbs@kltpzyxm.invalid> writes:
It's only called "money laundering" if it isn't the government that's doing it. Otherwise it's called "general revenue".

re:
https://www.garlic.com/~lynn/2012m.html#30 General Mills computer
https://www.garlic.com/~lynn/2012m.html#32 General Mills computer
https://www.garlic.com/~lynn/2012m.html#33 General Mills computer
https://www.garlic.com/~lynn/2012m.html#34 General Mills computer
https://www.garlic.com/~lynn/2012m.html#35 General Mills computer

or "insider trading" ... people are sent to jail ... unless you are a member of congress, then it is perfectly legal for members of congress to trade on insider information (law was specifically written that way). part of theme that congress is the most corrupt institution on earth.

other recent references:
https://www.garlic.com/~lynn/2012g.html#83 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#27 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#41 Lawmakers reworked financial portfolios after talks with Fed, Treasury officials

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

Why File transfer through TSO IND$FILE is slower than TCP/IP FTP ?

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From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: Why File transfer through TSO IND$FILE is slower than TCP/IP FTP ?
Newsgroups: bit.listserv.ibm-main
Date: 21 Sep 2012 18:46:27 -0700
edjaffe@PHOENIXSOFTWARE.COM (Edward Jaffe) writes:
You've described the old CUT-mode interface. Somewhere around the early 1980s, DFT mode was introduced. It does not encode the data, use a screen to send it, or any of that. It simply wraps the binary data in a 3270 structured field envelope and sends it via the WSF (write-structured-field) command. Any 3270 emulator that still uses the CUT-mode interface for IND$FILE should be tossed on the trash heap of history...

note that tcp/ip ftp ... typically does full-duplex pacing trying to maximize packets in flight (aka peer-to-peer networking). 3270 dumb terminal emulation tends to use half-duplex end-to-end serialization.

tcp/ip "slow start" was introduced in the latter half of 80s as congestion control ... start with small number of packets in flight and slowly increase the number of packets in flight ... until get lost packet indication and then back-off number of packets.
https://en.wikipedia.org/wiki/Slow-start

in the mid-80s, there was adaptive rate-based pacing as part of my internal high-speed data transport project ... some past posts
https://www.garlic.com/~lynn/subnetwork.html#hsdt
old paper I did on adaptive rate-based pacing for XTP protocol (i was on xtp technical advisery board over extreme objections from communication group)
https://www.garlic.com/~lynn/xtprate.html

more recent there have been efforts with internet2 and next generation internet with rate-based pacing ... that shows significant increased throughput ... a subject I will periodically pontificate on. random rate-based pacing reference here
https://lists.internet2.edu/sympa/arc/transport/2005-02/msg00004.html

change from 3272/3277 to 3274/3278 move a lot of electronics from the terminal back into the shared control unit (to cut down manufacturing costs). as a result there was enormous increase in protocol chatter over the coax for 3274/3278 (as well as lots of increase in latency). later with 3277 emulation cards, they get three times the upload/download throughput of 3278 emulation cards.

early 80s there was lots of work on showing human productivity for .2second response ... but 3274/3278 made that impossible ... past post with analysis of 3272/3277 and 3274/3278 from early 80s.
https://www.garlic.com/~lynn/2001m.html#19 3270 protocol

as referenced, none of the mvs/tso systems were even in the running with best possible of one second.

somebody published a report that their internal interactive operation was best in the company with quarter-second response. I complained that I had operations on the west coast with .11 response (i eventually got back response that they could claim anything they wanted). 3272/3277 had hardware latency of .086 ... so to meet requirement of .2second required system response no more than .114sec. 3274/3278 best case hardware latency was .283sec ... but more typical was .530sec (making .2sec response impossible).

we complained to the 3274/3278 product people ... and eventually they came back that 3274/3278 was for data entry and not intended for interactive computing,

from recent discussion
https://www.garlic.com/~lynn/2012m.html#15 cp76, vm370, etc

from ibm jargon:
bad response - n. A delay in the response time to a trivial request of a computer that is longer than two tenths of one second. In the 1970s, IBM 3277 display terminals attached to quite small System/360 machines could service up to 19 interruptions every second from a user I measured it myself. Today, this kind of response time is considered impossible or unachievable, even though work by Doherty, Thadhani, and others has shown that human productivity and satisfaction are almost linearly inversely proportional to computer response time. It is hoped (but not expected) that the definition of Bad Response will drop below one tenth of a second by 1990.

... snip ...

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Sat, 22 Sep 2012 09:05:45 -0400
greymausg writes:
Nigeria generally hits No.1 as the most corrupt country, and New Zealand the least. There is a problem with countries that pass no remark on payments, they are just part of the system. Saudi/GulfStates are usually cited as places wwhere up-front payments are expected.

nigeria may be ranked #1 as a country possibly based on the percent of the population participating in fraudulent activity ... the ranking for congress as the most corruption institution on earth is based on the amount of money involved in fraudulent activity.

one of the things that may astound other countries is how (relatively) cheaply members are congress are bought ... given to comparisons that there is something like a 10,000% ROI for every dollar spent on congress ... however medicare part-d may be off-the-scale ... hiring the 18 principles after they get the bill passed and resign ... is trivial compared to what the pharmaceutical industry got in return. by comparison, more sophisticated fraudulent activity tends to start at minimum of 5% and goes up from there. turning tax loopholes into re-occurring payments tends to show some level of increasing sophistication (along with the roman circus aspect and trying to generate appearance of opposing forces bidding against each other).

one of the things the studies on increasing social inequality seems to show is loss of productivity as increasing numbers loose any motivation to conform to any standards (along with those at the top focused on managing their wealth and preserving the status quo ... ala the portugal/spain examples).

recent business tv segments have highlighted high-speed trading accounting for half the trades ... becoming traders gambling against each other ... totally lost the original motivation for exchanges providing investments for new companies.

posts in this thread:
https://www.garlic.com/~lynn/2012m.html#30 General Mills computer
https://www.garlic.com/~lynn/2012m.html#32 General Mills computer
https://www.garlic.com/~lynn/2012m.html#33 General Mills computer
https://www.garlic.com/~lynn/2012m.html#34 General Mills computer
https://www.garlic.com/~lynn/2012m.html#35 General Mills computer
https://www.garlic.com/~lynn/2012m.html#36 General Mills computer

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

General Mills computer

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Sat, 22 Sep 2012 10:14:50 -0400
"Charlie Gibbs" <cgibbs@kltpzyxm.invalid> writes:
When I start to get depressed, it's good to see things like this. It reassures me that things aren't necessarily getting worse after all - they've always been this way.

re:
https://www.garlic.com/~lynn/2012m.html#34 General Mills computer

it contrast reasons for societies that fail against those that succeed ... enormous inequality focused on protecting status quo is frequent reason for failure ... which then may be replaced with something better. the prospect that things are on path for enormous failure and then may eventually be replaced with something better isn't exactly uplifting.

picture of last 30years:
http://johnhively.wordpress.com/2012/08/31/3107/
and
http://globalguerrillas.typepad.com/globalguerrillas/2011/10/journal-why-the-us-middle-class-is-broken.html
from here:
http://www.nytimes.com/imagepages/2011/09/04/opinion/04reich-graphic.html
part of this article
http://www.nytimes.com/2011/09/04/opinion/sunday/jobs-will-follow-a-strengthening-of-the-middle-class.html

and

Who Stole American Dream
https://www.amazon.com/Who-Stole-American-Dream-ebook/dp/B007MEWAX2
Why Nations Fail: The Origins of Power, Prosperity, and Poverty
https://www.amazon.com/Why-Nations-Fail-Prosperity-ebook/dp/B0058Z4NR8
Collapse: How Societies Choose to Fail or Succeed
https://www.amazon.com/Collapse-Societies-Succeed-Revised-ebook/dp/B004H0M8EA
Guns, Germs and Steel: The Fates of Human Societies
https://www.amazon.com/Guns-Germs-Steel-Societies-ebook/dp/B000VDUWMC

other posts in this thread:
https://www.garlic.com/~lynn/2012m.html#30 General Mills computer
https://www.garlic.com/~lynn/2012m.html#32 General Mills computer
https://www.garlic.com/~lynn/2012m.html#33 General Mills computer
https://www.garlic.com/~lynn/2012m.html#35 General Mills computer
https://www.garlic.com/~lynn/2012m.html#36 General Mills computer
https://www.garlic.com/~lynn/2012m.html#38 General Mills computer

recent posts mentioning referenced articles &/or books:
https://www.garlic.com/~lynn/2012b.html#24 PC industry is heading for more change
https://www.garlic.com/~lynn/2012b.html#77 The PC industry is heading for collapse
https://www.garlic.com/~lynn/2012e.html#31 PC industry is heading for more change
https://www.garlic.com/~lynn/2012f.html#77 Vampire Squid
https://www.garlic.com/~lynn/2012g.html#80 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#3 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#18 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012h.html#27 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#32 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#37 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#38 Other Than In Computers, Civilization Basically Stopped Progressing In The 1960s
https://www.garlic.com/~lynn/2012h.html#39 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#44 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#46 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012i.html#1 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#10 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#48 Thousands Of IBM Employees Got A Nasty Surprise Yesterday: Here's The Email They Saw
https://www.garlic.com/~lynn/2012k.html#7 Is there a connection between your strategic and tactical assertions?
https://www.garlic.com/~lynn/2012k.html#36 Race Against the Machine
https://www.garlic.com/~lynn/2012k.html#40 Core characteristics of resilience
https://www.garlic.com/~lynn/2012l.html#13 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012l.html#53 CALCULATORS
https://www.garlic.com/~lynn/2012l.html#85 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012m.html#23 How do you feel about the fact that today India has more IBM employees than any of the other countries in the world including the USA.?
https://www.garlic.com/~lynn/2012m.html#29 Cultural attitudes towards failure

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

General Mills computer

Refed: **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Sat, 22 Sep 2012 10:43:19 -0400
Anne & Lynn Wheeler <lynn@garlic.com> writes:
Wall Street Rules Applied to REMIC Classification
http://newsandinsight.thomsonreuters.com/New_York/Insight/2012/09_-_September/Wall_Street_Rules_Applied_to_REMIC_Classification/

from above:

They take aggressive positions, and they figure that if enough of them take an aggressive position, and there's billions of dollars at stake, then the IRS is kind of estopped from arguing with them because so much would blow up. And that is called the Wall Street Rule. That is literally the nickname for it.

... snip ...


re:
https://www.garlic.com/~lynn/2012m.html#30 General Mills computer

more wall street rule

Wall Street Rolling Back Another Key Piece of Financial Reform
http://www.rollingstone.com/politics/blogs/taibblog/wall-street-rolling-back-another-key-piece-of-financial-reform-20120920

Black Report: Top Justice official tells Wall St. how to avoid prosecution
http://www.nakedcapitalism.com/2012/09/black-report-top-justice-official-tells-wall-st-how-to-avoid-prosecution.html

A Rare Look at Why the Government Won't Fight Wall Street
http://www.rollingstone.com/politics/blogs/taibblog/a-rare-look-at-why-the-government-wont-fight-wall-street-20120918

references:

The Payoff: Why Wall Street Always Win
https://www.amazon.com/The-Payoff-ebook/dp/B008Y4TY92

Above by a senior demecratic staffer ... sort of companion to this by senior republican staffer:

The Party Is Over: How Republicans Went Crazy, Democrats Became Useless, and the Middle Class Got Shafted
https://www.amazon.com/The-Party-Over-Republicans-ebook/dp/B007V65OLG

other posts in this thread:
https://www.garlic.com/~lynn/2012m.html#32 General Mills computer
https://www.garlic.com/~lynn/2012m.html#33 General Mills computer
https://www.garlic.com/~lynn/2012m.html#34 General Mills computer
https://www.garlic.com/~lynn/2012m.html#35 General Mills computer
https://www.garlic.com/~lynn/2012m.html#36 General Mills computer
https://www.garlic.com/~lynn/2012m.html#38 General Mills computer
https://www.garlic.com/~lynn/2012m.html#39 General Mills computer

other recent posts mentioning congressional staffer books:
https://www.garlic.com/~lynn/2012k.html#74 Unthinkable, Predictable Disasters
https://www.garlic.com/~lynn/2012k.html#79 Romney and Ryan's Phony Deficit-Reduction Plan
https://www.garlic.com/~lynn/2012l.html#48 The Payoff: Why Wall Street Always Wins
https://www.garlic.com/~lynn/2012l.html#53 CALCULATORS
https://www.garlic.com/~lynn/2012l.html#60 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012l.html#62 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012l.html#64 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012l.html#68 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012l.html#85 Singer Cartons of Punch Cards

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

Why File transfer through TSO IND$FILE is slower than TCP/IP FTP ?

From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: Why File transfer through TSO IND$FILE is slower than TCP/IP FTP ?
Newsgroups: bit.listserv.ibm-main
Date: 22 Sep 2012 09:02:27 -0700
chrismason@BELGACOM.NET (Chris Mason) writes:
Well, I did the research for you!

- According to Gilbert Saint-Flour's web page, IND$FILE dates from 1983.

- According to RFC 765, FTP dates from 1980.


re:
https://www.garlic.com/~lynn/2012m.html#37 Why File transfer through TSO IND$FILE is slower than TCP/IP FTP ?

minor nit, FTP predates tcp/ip ... in fact there are discussions about the difficulty of remapping FTP to TCP/IP from arpanet/host-to-host protocol. host-to-host supported separate data & control ... to move FTP from host-to-host to tcp/ip resulted in having FTP create two separate sessions ... one for data (originally port 20, but now frequently dynamic) and one for command&control (port 21).

my rfc index (disclaimer: Postel until he died was RFC editor and used to let me help with producing STD1)
https://www.garlic.com/~lynn/rfcietff.htm
765 -
File Transfer Protocol specification, Postel J., 1980/06/01 (70pp) (.txt=146641) (Obsoleted by 959) (Obsoletes 542) (Ref'ed By 771, 951, 1123)

542 -
File Transfer Protocol, Neigus N., 1973/07/12 (52pp) (.txt=100666) (Obsoleted by 765) (Updated by 614, 640) (Obsoletes 354) (Ref'ed By 725, 730, 739, 750, 755, 758, 762, 770, 5198)

721
Out-of-band control signals in a Host-to-Host Protocol, Garlick L., 1976/09/01 (7pp) (.txt=13566) (Refs 675)

from above:
This note addresses the problem of implementing a reliable out-of-band signal for use in a host-to-host protocol. It is motivated by the fact that such a satisfactory mechanism does not exist in the Transmission Control Protocol (TCP) of Cerf et. al. [reference 4, 6] In addition to discussing some requirements for such an out-of-band signal (interrupts) and the implications for the implementation of the requirements, a discussion of the problem for the TCP case will be presented.

... snip ...

transition from arpanet/host-to-host to internetworking protocol was long time coming ... great change-over occurring on 1jan1983. at the time of the change-over there were approx. 100 IMP networking nodes and possibly 255 connected hosts. By comparison the internal network (not SNA/VTAM, at least not until late 80s) was larger than the arpanet/internet from just about the beginning until possibly late '85 or early '86) and at the beginning of 1983 was rapidly approaching 1000 nodes ... old reference to 1983 internal corporate network:
https://www.garlic.com/~lynn/2006k.html#8

and wiki reference ... references gsf-soft.com which has gone 404
https://en.wikipedia.org/wiki/IND$FILE
having been renamed (.shtml->.html)
http://gsf-soft.com/Documents/IND$FILE.html

note that it describes doing half-duplex read/write operations with 3270 control units ... aka single "in-flight" operation. it references being able to increase thruput by going to larger block sizes (i.e. fewer end-to-end half-duplex serialized transfers, serialized turn-around while data isn't being transmitted, contrasted with peer-to-peer networking and multiple in-flight packets).

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

General Mills computer

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Sat, 22 Sep 2012 12:54:43 -0400
Andrew Swallow <am.swallow@btinternet.com> writes:
Speculation is a negative sum game. New money comes from three sources new people joining, current members increasing their stake and dividends from the companies. Speculators use those up. Existing money can be partially recycled. This is where two speculators trade with each other. For one speculator to win the other has to lose, so on average each speculator loses half the time. A rising market and cheats like insider trading can hide this. Speculation is a negative sum game because every time a trade is made a fee is charged, this fee removes money from the market.

re:
https://www.garlic.com/~lynn/2012m.html#38 General Mills computer

last decade the speculators were learning how to push the market on their gambling bets ... they would bet on both going up and going down ... so they needed more & more volatility to make their winnings ... which they were tending to pull out of the market ... just keeping their original stake for continued betting.

Taibbi's Griftopia
https://www.amazon.com/Griftopia-Machines-Vampire-Breaking-ebook/dp/B003F3FJS2
and
http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405

has commodity exchange requiring players to have significant positions because specualtors tended to result in wild irrational price swings (extracting their winnings as things swing both up and down). then there were 19 "secret letters" ... allowing specific speculators to play ... which created (at least) the enormous oil price spike the summer of 2008.

wallstreet has had pump&dump (buy, extravagant claims about upward swing and then sell) and portfolio churning (random buy/sell just for fees) for some time.

last decade they got more sophistigated being able to move the volatility in the direction of their bets ... both pump&dump on the way up and shorting for the way down. this implies that it is wide-spread ... and nobody will do anything about it (more wall street rules, they stear the volatility in the direction of their bets):
http://nypost.com/2007/03/20/cramer-reveals-a-bit-too-much/

high-speed trading is further refinement ... say one hundred fluctuations of only a dollar each, in a day ... both up and down ... attempting to take profit out on every fluctuation. Exchanges recently got fined several hundred million for providing the high-speed traders a feed slightly ahead of the rest of the market. that way they had fore-knowledge of which way to bet. The problem is that the speculators are pulling all the wealth out from the marks/suckers ... but if too many suckers become aware that it is fixed game ... they are going to stay away. Since trillions are involved ... a several hundred million fine is chump change to try and generate publicity that it is a level playing field. If all the suckers leave ... then the only players left are the speculators trying to bet each other.

wall street rule
https://www.garlic.com/~lynn/2012m.html#30 General Mills computer
https://www.garlic.com/~lynn/2012m.html#40 General Mills computer

recent posts mentioning cramer reference and/or griftopia
https://www.garlic.com/~lynn/2012.html#1 The war on terabytes
https://www.garlic.com/~lynn/2012.html#5 We are on the brink of a historic decision [referring to defence cuts]
https://www.garlic.com/~lynn/2012.html#18 SEC v. Citigroup, How to Avoid (Greater) Disaster
https://www.garlic.com/~lynn/2012b.html#44 What's the most interesting thing you do in your non-work life?
https://www.garlic.com/~lynn/2012b.html#84 A Conversation with Peter Thiel
https://www.garlic.com/~lynn/2012c.html#0 New theory of moral behavior may explain recent ethical lapses in banking industry
https://www.garlic.com/~lynn/2012c.html#13 Study links ultrafast machine trading with risk of crash
https://www.garlic.com/~lynn/2012d.html#12 Gordon Gekko Says
https://www.garlic.com/~lynn/2012e.html#23 Are mothers naturally better at OODA because they always have the Win in mind?
https://www.garlic.com/~lynn/2012e.html#57 speculation
https://www.garlic.com/~lynn/2012f.html#91 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#6 Adult Supervision
https://www.garlic.com/~lynn/2012g.html#7 Adult Supervision
https://www.garlic.com/~lynn/2012g.html#10 Accidentally Released - and Incredibly Embarrassing - Documents Show How Goldman et al Engaged in Naked Short Selling'
https://www.garlic.com/~lynn/2012g.html#12 JPM LOSES $2 BILLION USD!
https://www.garlic.com/~lynn/2012g.html#79 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#83 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#1 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#92 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012j.html#25 This Is The Wall Street Scandal Of All Scandals
https://www.garlic.com/~lynn/2012k.html#13 Is there a connection between your strategic and tactical assertions?
https://www.garlic.com/~lynn/2012k.html#22 Four Signs Your Awesome Investment May Actually Be A Ponzi Scheme

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

Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
Newsgroups: bit.listserv.ibm-main
Date: 22 Sep 2012 16:05:02 -0700
glen herrmannsfeldt <gah@ugcs.caltech.edu> writes:
For unix/dos/windows file systems, though, there needs to be a disk cache where FBA blocks are brought into memory and the appropriate bytes copied to user space. Now, the caching ability of that likely helps much of the time, but it isn't so different from what CKD emulation has to do.

in some sense FICON initially cripples fibre channel back to ESCON paradigm that just happens to have faster data transfer rate (but still looses enormous aggregate throughput compared to base fibre channel).

31k IOPS here
ftp://ftp.software.ibm.com/common/ssi/sa/wh/n/zsw03059usen/ZSW03059USEN.PDF

this has z/os max. z196 with peak of 2m IOPS
ftp://public.dhe.ibm.com/common/ssi/ecm/en/zsw03169usen/ZSW03169USEN.PDF

zHPF (w/TCW, transport control word) adds layer on top of FICON that somewhat attempts to approach underlying fibre channel thruput ... reaching 92k IOPS ... by transmitting multiple CCWs in single transmission for remote execution ... something I had done in 1980 for STL lab. when remoting 300 people from the IMS group to offsite bldg (as channel extender using some HYPERchannel from NSC (attempting to get the support released in 1980 was blocked by the POK group that was playing with fiber optic stuff that would eventually be released as ESCON).

Article claims 2m IOPS for maxed out z196 ... (with theoritical peak of 2.2M SSCH running all 14 system assist processors at 100% utilization), 104 FICON channels to 11 storage subsystems ... but recommends that system assist processor utilization should be kept to 70% or below (aka 1.5M SSCH).

this claims for e5-2600, latest emulex delivers over one million IOPS on a single channel
http://www.emulex.com/artifacts/0c1f55d0-aec6-4c37-bc42-7765d5d7a70e/elx_wp_all_hba_romley.pdf

from (linkedin) Enterprise Systems discussion: Still think the mainframe is going away soon: Think again. IBM mainframe computer sales are 4% of IBM's revenue; with software, services, and storage it's 25%
http://lnkd.in/mjYX6H
and
https://www.garlic.com/~lynn/2012m.html#31

A fully configured max z196 with 80processors goes for $28M and has processor rating of 50BIPS. The 4% for mainframe hardware but 25% total (including software, services, storage), implies multiplier of 25/4 for total cost to customer; i.e. for $28M z196 is $175M ($3.5M/BIPS). IBM has base list price of $1815 for e5-2600 blade which have ratings of 527BIPS ($3.44/BIPS)

past posts in this thread:
https://www.garlic.com/~lynn/2012l.html#56 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#57 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#59 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#70 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#81 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#87 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#88 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#90 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#100 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#2 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#3 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#4 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#5 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#6 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#7 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#11 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

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

General Mills computer

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Sat, 22 Sep 2012 23:44:24 -0400
Anne & Lynn Wheeler <lynn@garlic.com> writes:
recent business tv segments have highlighted high-speed trading accounting for half the trades ... becoming traders gambling against each other ... totally lost the original motivation for exchanges providing investments for new companies.

re:
https://www.garlic.com/~lynn/2012m.html#38 General Mills computer
https://www.garlic.com/~lynn/2012m.html#42 General Mills computer

High-Frequency Trading: It's Worse Than You Thought
http://finance.yahoo.com/news/high-frequency-trading-worse-thought-165633554.html

so who let it get this bad??? so some of this also references marks/suckers/victims are out of the market ... supposedly realizing that there isn't level playing filed ... how much of this is for real and how much is this just trying to get them back in market.

All About Ultra High-Frequency Trading: Algorithmic and High Speed Trading Strategies
http://ultrahighfrequencytrading.com/2012/09/20/chicago-fed-study-blasts-the-lid-off-of-high-frequency-trading/
Chicago Fed Sounds The Alarm on High Frequency Trading
http://crooksandliars.com/susie-madrak/chicago-fed-sounds-alarm-high-frequen
Chicago Fed Study Blasts the Lid Off of High Frequency Trading
http://www.economicpopulist.org/content/chicago-fed-study-blasts-lid-high-frequency-trading

....
The Chicago Federal Reserve paper, How to Keep Markets Safe in the Era of High-Speed Trading, prattled of a laundry list of the most recent high frequency trading debacles including Knight Capital as well as others. Yet in spite of these increasingly frequent stock market disasters, even basic risk controls are not implemented. Why? They claim it would slow down their trading systems.

... snip ...

other posts in this thread:
https://www.garlic.com/~lynn/2012m.html#30 General Mills computer
https://www.garlic.com/~lynn/2012m.html#32 General Mills computer
https://www.garlic.com/~lynn/2012m.html#33 General Mills computer
https://www.garlic.com/~lynn/2012m.html#34 General Mills computer
https://www.garlic.com/~lynn/2012m.html#35 General Mills computer
https://www.garlic.com/~lynn/2012m.html#36 General Mills computer
https://www.garlic.com/~lynn/2012m.html#39 General Mills computer
https://www.garlic.com/~lynn/2012m.html#40 General Mills computer

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

General Mills computer

Refed: **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Sun, 23 Sep 2012 10:15:11 -0400
Peter Flass <Peter_Flass@Yahoo.com> writes:
To say the least. Banks paid off rating agencies to give this junk top ratings, and the buyers just took it on faith. I don't think anyone ever considered the possibility of failure.

then they started purposefully creating really toxic CDOs that they knew would fail ... paid the rating agencies to give them triple-A ratings ... then took out CDS gambling bets that those triple-A rated CDOs would fail. this is the analogy being allowed to take out fire insurance on somebody else's house and then setting their house on fire. what is really wierd is nobody has gone to jail. recent reference
https://www.garlic.com/~lynn/2012m.html#12 Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design

they make boat loads of money creating and selling the triple-A rated toxic CDOs ... and they make even more boat loads of money on their CDS bets when the designed-to-fail triple-A rated toxic CDOs do fail.

the wierd thing is that they do both (toxic CDO) product fraud as well as (CDS) insurance fraud to the tune of trillions and nobody has gone to jail. what is even wierder is that the regulators go along with this ... speaking ot of boths sides of their months ... i.e. it is insurance and therefor is needed/required ... but it isn't insurance ... because otherwise it comes under insurance regulations ... but wall street rule is asserting that it can't be regulated.

their public claim is that they need the insurance of CDS for risk management. however, they are doing over $700T (that is trillion) in CDS bets when there is well less than one percent of that "at risk" ... all the rest is pure gambling. Regulators apparently maintaining that they have single digit IQs and not capable of figuring this out. All of the recent Morgan/Chase with the "whale" in London was about such gambling bets. My other analogy is the last decade the regulators have played three monkeys ( see no evil", "hear no evil", "speak no evil" )

The SEC has allowed participants to repeatingly plead "no contest" ... promise to never do it again ... and pay hundreds of millions of dollars in fines. The TBTF repeatedly violate their promise to never do it again ... and fines are pure window dressing when its hundreds of billions and tens of trillions (aka being viewed as trivial cost of doing business).

recent posts mentioning three monkeys analogy
https://www.garlic.com/~lynn/2012.html#54 Report: Fed Officials Joked About Housing Crisis
https://www.garlic.com/~lynn/2012f.html#87 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012f.html#91 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012h.html#42 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#45 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#41 Lawmakers reworked financial portfolios after talks with Fed, Treasury officials
https://www.garlic.com/~lynn/2012j.html#19 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012j.html#37 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012j.html#60 Auditors All Fall Down; PFGBest and MF Global Frauds Reveal Weak Watchdogs
https://www.garlic.com/~lynn/2012k.html#13 Is there a connection between your strategic and tactical assertions?

recent posts mentioning over $700T in gambling bets
https://www.garlic.com/~lynn/2012.html#87 The PC industry is heading for collapse
https://www.garlic.com/~lynn/2012c.html#39 Greek knife to Wall Street
https://www.garlic.com/~lynn/2012d.html#25 PC industry is heading for more change
https://www.garlic.com/~lynn/2012h.html#26 US economic update. Everything that follows is a result of what you see here
https://www.garlic.com/~lynn/2012h.html#45 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#58 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#64 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#82 Interesting News Article
https://www.garlic.com/~lynn/2012i.html#1 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#76 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012i.html#77 'Inexperienced' RBS tech operative's blunder led to banking meltdown
https://www.garlic.com/~lynn/2012i.html#85 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012m.html#12 Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design

past post in this thread:
https://www.garlic.com/~lynn/2012m.html#30 General Mills computer
https://www.garlic.com/~lynn/2012m.html#32 General Mills computer
https://www.garlic.com/~lynn/2012m.html#33 General Mills computer
https://www.garlic.com/~lynn/2012m.html#34 General Mills computer
https://www.garlic.com/~lynn/2012m.html#35 General Mills computer
https://www.garlic.com/~lynn/2012m.html#36 General Mills computer
https://www.garlic.com/~lynn/2012m.html#38 General Mills computer
https://www.garlic.com/~lynn/2012m.html#39 General Mills computer
https://www.garlic.com/~lynn/2012m.html#40 General Mills computer
https://www.garlic.com/~lynn/2012m.html#42 General Mills computer
https://www.garlic.com/~lynn/2012m.html#44 General Mills computer

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Sun, 23 Sep 2012 11:11:08 -0400
Anne & Lynn Wheeler <lynn@garlic.com> writes:
their public claim is that they need the insurance of CDS for risk management. however, they are doing over $700T (that is trillion) in CDS bets when there is well less than one percent of that "at risk" ... all the rest is pure gambling. Regulators apparently maintaining that they have single digit IQs and not capable of figuring this out. All of the recent Morgan/Chase with the "whale" in London was about such gambling bets. My other analogy is the last decade the regulators have played three monkeys ( see no evil", "hear no evil", "speak no evil" )

re:
https://www.garlic.com/~lynn/2012m.html#45 General Mills computer

one of the analysis of Morgan/Chase and the whale in london loosing huge sums on CDS gambling ... was that the TBTF were worried that some change in US regulatory culture might actually do something about the CDS gambling activity ... so they were moving much of their CDS gambling out of the country.

recent posts mentioning Morgan/Chase and the games they've been playing
https://www.garlic.com/~lynn/2012g.html#6 Adult Supervision
https://www.garlic.com/~lynn/2012g.html#9 JPM LOSES $2 BILLION USD!
https://www.garlic.com/~lynn/2012g.html#12 JPM LOSES $2 BILLION USD!
https://www.garlic.com/~lynn/2012g.html#16 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#61 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
https://www.garlic.com/~lynn/2012g.html#82 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012g.html#87 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#5 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#45 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#58 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#64 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#79 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#17 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#25 Can anybody give me a clear idea about Cloud Computing in MAINFRAME ?
https://www.garlic.com/~lynn/2012i.html#29 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012j.html#50 The Games Played By JP Morgan Chase
https://www.garlic.com/~lynn/2012k.html#31 History--punched card transmission over telegraph lines
https://www.garlic.com/~lynn/2012k.html#75 What's the bigger risk, retiring too soon, or too late?
https://www.garlic.com/~lynn/2012l.html#63 Singer Cartons of Punch Cards

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

Official current definition of MVS

From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: Official current definition of MVS
Newsgroups: bit.listserv.ibm-main
Date: 23 Sep 2012 11:15:43 -0700
shmuel+ibm-main@PATRIOT.NET (Shmuel Metz , Seymour J.) writes:
OS/VS2 Release 3.8 was the last free MVS[1], and TSO was a part of it. There were various products that enhanced the free base, including MVS/SE and TSO Command Package. These were later bundled into larger products, e.g., MVS/SP subsumed MVS/SE, DFP subsumed DF/DS and TSO/E subsumed the TSO Command Package. Eventually IBM got rid of the free base.

[1] There were later free selectable units and service upgrades, but no new free release.


various litigation resulted 23jun69 unbundling announcement started to charge for application software, SE services, maintenance, etc ... however the company made the case that kernel (operating system) software should still be free. misc. past posts mentioning unbundling
https://www.garlic.com/~lynn/submain.html#unbundle

In 1971, FS was motivated largely by clone controllers ... completely replace 360/370 and totally different (with complex & tightly integration between system and controllers) ... during FS period, 370 efforts were being killed off. The dearth of 370 products during the FS period is credited with giving clone processors a market foothold. misc. past posts mentioning FS
https://www.garlic.com/~lynn/submain.html#futuresys

I had continued to do 360/370 stuff during the FS period ... even ridiculing FS activity ... claiming what I had running was better than their blue sky stuff. With death of FS, there was mad rush to get stuff back into 370 product pipelines ... reference here how 3033 & 3081 were q&d efforts trying to use warmed over FS stuff ... but compared poorly to clone processors
http://www.jfsowa.com/computer/memo125.htm

in any case, the mad rush to get stuff back into 370 product pipelines contributed to decision to release various pieces of stuff that I had continued to do all during the FS period.

One of the pieces was dynamic adaptive resource manager that I had done for (virtual machine) cp67 as undergraduate in the 60s ... and was dropped in the simplification morph from cp67->vm370. The rise of the clone processors also contributed to decision to start charging for kernel software ... and my dynamic adpative resource manager was selected for guinea pig ... and I got to spend a lot of time with business & legal people regarding kernel software charging policies misc. past posts mentioning my resource manager (default resource policy was fair share which become common reference)
https://www.garlic.com/~lynn/subtopic.html#fairshare

The original kernel pricing policy was new kernel software that wasn't directly involved in hardware support, could be charged for (but things like device support. and new processor support would still be free). This resulted in some amount of confusion when it was finally decided to release vm370 tightly coupled multiprocessor support (which had to be free) ... however, I had already shipped numerous pieces required for multiprocessor support in my dynamic adaptive resource manager (but not the actual enabling pieces of code). Having free (hardware support) kernel software that was dependent on charged for software ... violated the kernel pricing policies. What they finally did was move 90% of the lines of code from the resource manager into the free kernel (for the release with multiprocessor support), but kept the price of the radically reduced resource manager unchanged. Eventually company transitions to charging for the whole kernel.

misc. posts about having been involved in various tightly-coupled multiprocessor activities
https://www.garlic.com/~lynn/subtopic.html#smp

As part of mad rush to get stuff back into the 370 product pipeline, the head of POK managed to convince corporate to killoff the vm370 product, shutdown the vm370 product development group and move all the people to POK (or otherwise they wouldn't be able to make the mvs/xa product ship scheduled). However, eventually Endicott managed to save the vm370 product mission ... but had to reconstitute a development group from scratch. Later Endicott saw massive increase in vm370 installations (both inside and outside the company) with the extremely popular 4300 machines. various old email related to 4300 product
https://www.garlic.com/~lynn/lhwemail.html#43xx

The upswing of vm/4300s was so great that corporate got around to declaring vm/cms the strategic interactive computing product (to the extreme dismay of POK, the MVS group and especially TSO). This is long winded old email about the TSO product administrator trying to talk me into doing my dynamic adaptive resource manager for MVS ... as an approach to trying to improve TSO's interactive computing characteristics (I pointing out that the structural flaws in MVS for interactive computing went far beyond what could be fixed by my resource manager):
https://www.garlic.com/~lynn/2006b.html#email800310

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Sun, 23 Sep 2012 19:35:18 -0400
Walter Bushell <proto@panix.com> writes:
Hey, they had high paying jobs (maybe not middle income by Romney's standards but) and were told to justify the portfolios. There were big bucks at stake and if you could justify the portfolios, you got to keep your job.

they were told to fiddle the inputs until the desired outputs were achieved. after the bubble burst there were calls for limiting the influence of the business people regarding the models ... from four years ago

How Wall Street Lied to Its Computers
http://bits.blogs.nytimes.com/2008/09/18/how-wall-streets-quants-lied-to-their-computers/

and then from summer a year earlier

Subprime = Triple-A ratings? or 'How to Lie with Statistics'
https://web.archive.org/web/20071111031315/http://www.bloggingstocks.com/2007/07/25/subprime-triple-a-ratings-or-how-to-lie-with-statistics/

past posts mentioning above
https://www.garlic.com/~lynn/2008m.html#96 Blinkylights
https://www.garlic.com/~lynn/2008m.html#99 Blinkylights
https://www.garlic.com/~lynn/2008n.html#3 Blinkylights
https://www.garlic.com/~lynn/2008n.html#49 VMware Chief Says the OS Is History
https://www.garlic.com/~lynn/2008n.html#52 Technology and the current crisis
https://www.garlic.com/~lynn/2008n.html#53 Your thoughts on the following comprehensive bailout plan please
https://www.garlic.com/~lynn/2008n.html#56 VMware Chief Says the OS Is History
https://www.garlic.com/~lynn/2008n.html#65 Whether, in our financial crisis, the prize for being the biggest liar is
https://www.garlic.com/~lynn/2008n.html#69 Another quiet week in finance
https://www.garlic.com/~lynn/2008n.html#72 Why was Sarbanes-Oxley not good enough to sent alarms to the regulators about the situation arising today?
https://www.garlic.com/~lynn/2008n.html#78 Isn't it the Federal Reserve role to oversee the banking system??
https://www.garlic.com/~lynn/2008n.html#80 Why did Sox not prevent this financal crisis?
https://www.garlic.com/~lynn/2008n.html#82 Fraud in financial institution
https://www.garlic.com/~lynn/2008o.html#15 Financial Crisis - the result of uncontrolled Innovation?
https://www.garlic.com/~lynn/2008o.html#18 Once the dust settles, do you think Milton Friedman's economic theories will be laid to rest
https://www.garlic.com/~lynn/2008o.html#19 What's your view of current global financial / economical situation?
https://www.garlic.com/~lynn/2008o.html#26 SOX (Sarbanes-Oxley Act), is this really followed and worthful considering current Financial Crisis?
https://www.garlic.com/~lynn/2008o.html#28 Does anyone get the idea that those responsible for containing this finanical crisis are doing too much?
https://www.garlic.com/~lynn/2008o.html#34 The human plague
https://www.garlic.com/~lynn/2008o.html#75 In light of the recent financial crisis, did Sarbanes-Oxley fail to work?
https://www.garlic.com/~lynn/2008o.html#82 Greenspan testimony and securization
https://www.garlic.com/~lynn/2008o.html#83 Chip-and-pin card reader supply-chain subversion 'has netted millions from British shoppers'
https://www.garlic.com/~lynn/2008p.html#8 Global Melt Down
https://www.garlic.com/~lynn/2008p.html#70 Is there any technology that we are severely lacking in the Financial industry?
https://www.garlic.com/~lynn/2008q.html#49 Have not the following principles been practically disproven, once and for all, by the current global financial meltdown?
https://www.garlic.com/~lynn/2008q.html#50 Obama, ACORN, subprimes (Re: Spiders)
https://www.garlic.com/~lynn/2008r.html#58 Blinkenlights
https://www.garlic.com/~lynn/2008r.html#64 Is This a Different Kind of Financial Crisis?
https://www.garlic.com/~lynn/2008s.html#8 Top financial firms of US are eyeing on bailout. It implies to me that their "Risk Management Department's" assessment was way below expectations
https://www.garlic.com/~lynn/2008s.html#9 Blind-sided, again. Why?
https://www.garlic.com/~lynn/2008s.html#23 Garbage in, garbage out trampled by Moore's law
https://www.garlic.com/~lynn/2008s.html#29 Let IT run the company!
https://www.garlic.com/~lynn/2008s.html#35 Is American capitalism and greed to blame for our financial troubles in the US?
https://www.garlic.com/~lynn/2008s.html#55 Is this the story behind the crunchy credit stuff?
https://www.garlic.com/~lynn/2008s.html#62 Garbage in, garbage out trampled by Moore's law
https://www.garlic.com/~lynn/2009.html#14 What are the challenges in risk analytics post financial crisis?
https://www.garlic.com/~lynn/2009.html#63 CROOKS and NANNIES: what would Boyd do?
https://www.garlic.com/~lynn/2009.html#80 Are reckless risks a natural fallout of "excessive" executive compensation ?
https://www.garlic.com/~lynn/2009b.html#36 A great article was posted in another BI group: "To H*** with Business Intelligence: 40 Percent of Execs Trust Gut"
https://www.garlic.com/~lynn/2009b.html#53 Credit & Risk Management ... go Simple ?
https://www.garlic.com/~lynn/2009b.html#54 In your opinion, which facts caused the global crise situation?
https://www.garlic.com/~lynn/2009b.html#65 What can agencies such as the SEC do to insure us that something like Madoff's Ponzi scheme will never happen again?
https://www.garlic.com/~lynn/2009c.html#4 How to defeat new telemarketing tactic
https://www.garlic.com/~lynn/2009c.html#28 How to defeat new telemarketing tactic
https://www.garlic.com/~lynn/2009d.html#16 The Formula That Killed Wall Street
https://www.garlic.com/~lynn/2009d.html#18 HSBC is expected to announce a profit, which is good, what did they do differently?
https://www.garlic.com/~lynn/2009d.html#30 I need insight on the Stock Market
https://www.garlic.com/~lynn/2009d.html#36 Bernanke Says Regulators Must Protect Against Systemic Risks
https://www.garlic.com/~lynn/2009d.html#40 Bernanke Says Regulators Must Protect Against Systemic Risks
https://www.garlic.com/~lynn/2009d.html#59 Quiz: Evaluate your level of Spreadsheet risk
https://www.garlic.com/~lynn/2009e.html#8 The background reasons of Credit Crunch
https://www.garlic.com/~lynn/2009g.html#1 Future of Financial Mathematics?
https://www.garlic.com/~lynn/2009g.html#31 OODA-loop obfuscation
https://www.garlic.com/~lynn/2009h.html#29 Analysing risk, especially credit risk in Banks, which was a major reason for the current crisis
https://www.garlic.com/~lynn/2009j.html#38 what is mortgage-backed securities?
https://www.garlic.com/~lynn/2009n.html#49 Opinions on the 'Unix Haters' Handbook'
https://www.garlic.com/~lynn/2009o.html#21 Opinions on the 'Unix Haters' Handbook'
https://www.garlic.com/~lynn/2010c.html#87 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010l.html#40 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010p.html#66 No command, and control
https://www.garlic.com/~lynn/2011.html#53 What do you think about fraud prevention in the governments?
https://www.garlic.com/~lynn/2011.html#75 America's Defense Meltdown
https://www.garlic.com/~lynn/2011b.html#42 Productivity And Bubbles
https://www.garlic.com/~lynn/2011k.html#56 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2011l.html#10 Cracking the code
https://www.garlic.com/~lynn/2011l.html#69 computer bootlaces
https://www.garlic.com/~lynn/2011n.html#41 The men who crashed the world
https://www.garlic.com/~lynn/2012b.html#67 How Economists Contributed to the Financial Crisis
https://www.garlic.com/~lynn/2012b.html#82 Mathematics < Integrity = Financial Fraud
https://www.garlic.com/~lynn/2012b.html#95 Bank of America Fined $1 Billion for Mortgage Fraud
https://www.garlic.com/~lynn/2012c.html#32 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012e.html#23 Are mothers naturally better at OODA because they always have the Win in mind?
https://www.garlic.com/~lynn/2012f.html#63 One maths formula and the financial crash
https://www.garlic.com/~lynn/2012g.html#7 Adult Supervision
https://www.garlic.com/~lynn/2012i.html#17 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#60 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012j.html#4 Interesting News Article

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

Cultural attitudes towards failure

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From: lynn@garlic.com (Lynn Wheeler)
Date: 24 Sep, 2012
Subject: Cultural attitudes towards failure
Blog: Boyd Strategy
re:
http://lnkd.in/9q5Zvq
and
https://www.garlic.com/~lynn/2012k.html#87 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012l.html#2 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012l.html#5 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012l.html#10 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012l.html#13 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012l.html#17 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012l.html#69 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012m.html#29 Cultural attitudes towards failure

Strike on the training camps while they were still occupied would have been an objective ... COIN has been this deep ocean requiring enormous amounts of money and people with possibility of nation building on the far shore. from today:

Michael Yon suggests that we leave Afghanistan, stat
http://fabiusmaximus.com/2012/09/23/michael-yon-war-afghanistan-43496/

from (this Boyd discussion) "What a Caveman Can Teach You About Strategy"
http://lnkd.in/TYahQ9

my post on "small wars manual" and "war is a racket" ... archived here
https://www.garlic.com/~lynn/2012l.html#97

both by Marines originally same period in mid-30s. From a different time and period where the marines were used in support of commercial interests plundering the countries.

older past from earlier in the year (google+)
https://www.garlic.com/~lynn/2012h.html#21 The Age of Unsatisfying Wars

also mentioning my daughter had pointed me to Michael Yon & his blog.
http://www.michaelyon-online.com/index.php?option=com_content

as well as this: Battle for Baqubah: Killing Our Way Out
https://www.amazon.com/Battle-Baqubah-Killing-Our-ebook/dp/B007VBBS9I

... her husband's 1st tour in Iraq was 2004/2005 Fallujah and his 2nd tour was Baqubah. Repeated in these posts
https://www.garlic.com/~lynn/2012i.html#2 Interesting News Article
and
https://www.garlic.com/~lynn/2012i.html#64 Early use of the word "computer"

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Tue, 25 Sep 2012 08:43:57 -0400
hancock4 writes:
Commercial (institutional) buyers of that junk had a legal responsibility to know what the heck they were buying so their parent company didn't get burned. The managers of said companies or funds had a legal responsibility to ensure they control the risk of their investments and not get in too deeply into junk--yet they did.

the stories were that the fees, commissions, bonuses were so great for the individuals, that it would override any possible concern that they may have had for their institutions, economy and/or country (regardless of what happen later, many of the individuals were likely to walk away sufficiently better off). there were reports toward the end that they would be selling/exchanging equal amounts of the same junk to each other (when there were no other buyers) as means of boosting their commissions ... part of the references why aren't a significant percentage of those that work in manhatten, doing jail time.

example:

The Fed's Too Easy on Wall Street
http://www.businessweek.com/stories/2008-03-19/the-feds-too-easy-on-wall-streetbusinessweek-business-news-stock-market-and-financial-advice

from above:
Here's a staggering figure to contemplate: New York City securities industry firms paid out a total of $137 billion in employee bonuses from 2002 to 2007, according to figures compiled by the New York State Office of the Comptroller. Let's break that down: Wall Street honchos earned a bonus of $9.8 billion in 2002, $15.8 billion in 2003, $18.6 billion in 2004, $25.7 billion in 2005, $33.9 billion in 2006, and $33.2 billion in 2007.

... snip ..

at the end of 2008, just the four largest TBTF were carrying $5.2T in triple-A toxic CDOs "off-book" ... if they had been required to bring them back onto the balance sheet, they would have to be declared insolvent and had to be liquidated (fall of 2008, triple-A rated toxic CDOs were going for 22cents on the downturn). With the downturn, the TBTF were taking huge amount of gov. money and continuing to pay enormous bonuses ... having been renamed retention bonuses (from performance bonuses). All the parties were mis-speaking, there were comments that the performance bonuses were guaranteed by contracts ... but w/o performance there wouldn't have been any bonuses ... and it was unlikely that the contracts were rewritten to say retention bonuses. Note that different than AIG negotiating with CDS gamblers (including goldman-sachs) to pay 50-60 cents on the dollars .... and feds step in (including former goldman-sachs, joke that treasury was goldman-sachs branch office in washington) and declared that it was illegal for AIG to pay less than 100 cents on the dollar for CDS bets and that AIG needed to take enormous gov. bailout in order to make 100 cents on the dollar payoffs.

from GAO audit:

Federal Reserve's 'astounding' report: We loaned banks trillions; The Federal Reserve offers details on the loans it gave to banks and others at the height of the financial crisis. One program alone doled out nearly $9 trillion.
http://www.csmonitor.com/USA/2010/1201/Federal-Reserve-s-astounding-report-We-loaned-banks-trillions

there were also references to FED buying off-balance triple-A rated toxic CDOs at 98cents on the dollar ... and somehow some amount of it showing up at Freddie/Fannie. Also reports that significant members of the Fed's board have beeen heads of the TBTF and voting to give themselves these enormous handouts.

past posts mentioning the business week artile on bonuses and/or cs monitor article on fed bailouts
https://www.garlic.com/~lynn/2008f.html#76 Bush - place in history
https://www.garlic.com/~lynn/2008g.html#52 IBM CEO's remuneration last year ?
https://www.garlic.com/~lynn/2008g.html#66 independent appraisers
https://www.garlic.com/~lynn/2008h.html#42 The Return of Ada
https://www.garlic.com/~lynn/2008i.html#4 A Merit based system of reward -Does anybody (or any executive) really want to be judged on merit?
https://www.garlic.com/~lynn/2008n.html#52 Technology and the current crisis
https://www.garlic.com/~lynn/2008n.html#53 Your thoughts on the following comprehensive bailout plan please
https://www.garlic.com/~lynn/2008n.html#56 VMware Chief Says the OS Is History
https://www.garlic.com/~lynn/2008n.html#69 Another quiet week in finance
https://www.garlic.com/~lynn/2008n.html#82 Fraud in financial institution
https://www.garlic.com/~lynn/2008o.html#18 Once the dust settles, do you think Milton Friedman's economic theories will be laid to rest
https://www.garlic.com/~lynn/2008o.html#26 SOX (Sarbanes-Oxley Act), is this really followed and worthful considering current Financial Crisis?
https://www.garlic.com/~lynn/2008o.html#28 Does anyone get the idea that those responsible for containing this finanical crisis are doing too much?
https://www.garlic.com/~lynn/2008o.html#31 The human plague
https://www.garlic.com/~lynn/2008o.html#32 How much is 700 Billion Dollars??
https://www.garlic.com/~lynn/2008p.html#8 Global Melt Down
https://www.garlic.com/~lynn/2008r.html#61 The vanishing CEO bonus
https://www.garlic.com/~lynn/2008r.html#64 Is This a Different Kind of Financial Crisis?
https://www.garlic.com/~lynn/2008s.html#32 How Should The Government Spend The $700 Billion?
https://www.garlic.com/~lynn/2008s.html#33 Garbage in, garbage out trampled by Moore's law
https://www.garlic.com/~lynn/2008s.html#35 Is American capitalism and greed to blame for our financial troubles in the US?
https://www.garlic.com/~lynn/2008s.html#41 Executive pay: time for a trim?
https://www.garlic.com/~lynn/2009.html#73 CROOKS and NANNIES: what would Boyd do?
https://www.garlic.com/~lynn/2009.html#80 Are reckless risks a natural fallout of "excessive" executive compensation ?
https://www.garlic.com/~lynn/2009b.html#25 The recently revealed excesses of John Thain, the former CEO of Merrill Lynch, while the firm was receiving $25 Billion in TARP funds makes me sick
https://www.garlic.com/~lynn/2009b.html#41 The subject is authoritarian tendencies in corporate management, and how they are related to political culture
https://www.garlic.com/~lynn/2009b.html#45 The recently revealed excesses of John Thain, the former CEO of Merrill Lynch, while the firm was receiving $25 Billion in TARP funds makes me sick
https://www.garlic.com/~lynn/2009b.html#49 US disaster, debts and bad financial management
https://www.garlic.com/~lynn/2009b.html#57 Credit & Risk Management ... go Simple ?
https://www.garlic.com/~lynn/2009b.html#59 As bonuses...why breed greed, when others are in dire need?
https://www.garlic.com/~lynn/2009d.html#0 PNC Financial to pay CEO $3 million stock bonus
https://www.garlic.com/~lynn/2009d.html#3 Congress Set to Approve Pay Cap of $500,000
https://www.garlic.com/~lynn/2009e.html#17 Why is everyone talking about AIG bonuses of millions and keeping their mouth shut on billions sent to foreign banks?
https://www.garlic.com/~lynn/2009e.html#36 Architectural Diversity
https://www.garlic.com/~lynn/2009g.html#31 OODA-loop obfuscation
https://www.garlic.com/~lynn/2009j.html#36 Average Comp This Year At Top Firm Estimated At $700,000
https://www.garlic.com/~lynn/2010d.html#11 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010d.html#19 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010d.html#26 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010i.html#47 "Fraud & Stupidity Look a Lot Alike"
https://www.garlic.com/~lynn/2010l.html#48 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010n.html#33 Idiotic programming style edicts
https://www.garlic.com/~lynn/2010p.html#17 What banking is. (Essential for predicting the end of finance as we know it.)
https://www.garlic.com/~lynn/2010p.html#23 They always think we don't understand
https://www.garlic.com/~lynn/2010p.html#46 TCM's Moguls documentary series
https://www.garlic.com/~lynn/2010q.html#58 Programmer Charged with thieft (maybe off topic)
https://www.garlic.com/~lynn/2010q.html#66 Ernst & Young sued for fraud over Lehman
https://www.garlic.com/~lynn/2011.html#48 What do you think about fraud prevention in the governments?
https://www.garlic.com/~lynn/2011b.html#42 Productivity And Bubbles
https://www.garlic.com/~lynn/2011b.html#45 Productivity And Bubbles
https://www.garlic.com/~lynn/2011b.html#59 Productivity And Bubbles
https://www.garlic.com/~lynn/2011e.html#36 On Protectionism
https://www.garlic.com/~lynn/2011j.html#3 Greed, Excess and America's Gaping Class Divide
https://www.garlic.com/~lynn/2011j.html#11 Innovation and iconoclasm
https://www.garlic.com/~lynn/2011j.html#39 Advice from Richard P. Feynman
https://www.garlic.com/~lynn/2011k.html#4 Geithner, Bernanke have little in arsenal to fight new crisis
https://www.garlic.com/~lynn/2011k.html#23 Wall Street Aristocracy Got $1.2 Trillion in Fed's Secret Loans
https://www.garlic.com/~lynn/2011k.html#56 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2011l.html#73 computer bootlaces
https://www.garlic.com/~lynn/2011n.html#49 The men who crashed the world
https://www.garlic.com/~lynn/2011n.html#57 The Mortgage Crisis---Some Inside Views
https://www.garlic.com/~lynn/2011o.html#37 Civilization, doomed?
https://www.garlic.com/~lynn/2011o.html#74 The Wall Street Pentagon Papers: Biggest Scam In World History Exposed: Are The Federal Reserve's Crimes Too Big To Comprehend?
https://www.garlic.com/~lynn/2011o.html#83 The banking sector grew seven times faster than gross domestic product since the beginning of the financial crisis and Too-Big-to-Fail: Banks Get Bigger After Dodd-Frank
https://www.garlic.com/~lynn/2011o.html#93 The men who crashed the world
https://www.garlic.com/~lynn/2011p.html#3 The Obama Spending Non-surge
https://www.garlic.com/~lynn/2011p.html#7 FDR explains one dimension of our problem: bankers own the government
https://www.garlic.com/~lynn/2011p.html#30 21st Century Management approach?
https://www.garlic.com/~lynn/2011p.html#63 21st Century Management approach?
https://www.garlic.com/~lynn/2012.html#32 Wall Street Bonuses May Reach Lowest Level in 3 Years
https://www.garlic.com/~lynn/2012b.html#65 Why Wall Street Should Stop Whining
https://www.garlic.com/~lynn/2012c.html#32 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#45 Fannie, Freddie Charge Taxpayers For Legal Bills
https://www.garlic.com/~lynn/2012c.html#46 PC industry is heading for more change
https://www.garlic.com/~lynn/2012c.html#55 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#45 Banks Repaid Fed Bailout With Other Fed Money: Government Report
https://www.garlic.com/~lynn/2012h.html#26 US economic update. Everything that follows is a result of what you see here
https://www.garlic.com/~lynn/2012i.html#14 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012j.html#65 Monopoly/ Cartons of Punch Cards

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Tue, 25 Sep 2012 08:53:23 -0400
Peter Flass <Peter_Flass@Yahoo.com> writes:
It's an open question who was taking advantage of who(m). Applicants lied thru their teeth and the banks pretended to believe them. Some number of people were not looking for a place to live, but intended to "flip" the house to make a killing. I say too bad for them; I fel sorry for the real buyers who got caught in the crossfire.

note that the loan originators found that by paying for triple-A ratings ... they were able to start doing no-documentation loans and they no longer needed to ask the applicants to lie ... they just gave the maximum loan to whoever walked through the door.

securitizing instruments had been used during the S&L crisis to obfuscate fraudulent mortgages ... in several cases for property that didn't even exist ... using fraudulent supporting documentation. in the late 90s, we were asked to look at improving the integrity of supporting documentation for mortgages that would be packaged in securitized instruments. However, the loan originators found paid for triple-A rating, trumps everything ... and they no longer needed supporting documentation. Without supporting documentation, there was no longer an issue of the integrity with the (non-existent) supporting documentation.

Later there was quite a bit of blowing smoke about the difficulty in correctly valueing triple-A rated toxic CDOs because of the large number ... however, there is also the issue that they were missing the supporting documentation on which evaluations could be based.

misc. past posts mentioning supporting documentation &/or no-doc loans
https://www.garlic.com/~lynn/2008n.html#74 Why can't we analyze the risks involved in mortgage-backed securities?
https://www.garlic.com/~lynn/2008n.html#78 Isn't it the Federal Reserve role to oversee the banking system??
https://www.garlic.com/~lynn/2008o.html#15 Financial Crisis - the result of uncontrolled Innovation?
https://www.garlic.com/~lynn/2008o.html#18 Once the dust settles, do you think Milton Friedman's economic theories will be laid to rest
https://www.garlic.com/~lynn/2008o.html#19 What's your view of current global financial / economical situation?
https://www.garlic.com/~lynn/2008o.html#26 SOX (Sarbanes-Oxley Act), is this really followed and worthful considering current Financial Crisis?
https://www.garlic.com/~lynn/2008o.html#28 Does anyone get the idea that those responsible for containing this finanical crisis are doing too much?
https://www.garlic.com/~lynn/2008o.html#31 The human plague
https://www.garlic.com/~lynn/2008o.html#43 The human plague
https://www.garlic.com/~lynn/2008o.html#52 Why is sub-prime crisis of America called the sub-prime crisis?
https://www.garlic.com/~lynn/2008o.html#74 Would anyone like to draw a diagram of effects or similar for the current "credit crisis"?
https://www.garlic.com/~lynn/2008o.html#78 Who murdered the financial system?
https://www.garlic.com/~lynn/2008o.html#80 Can we blame one person for the financial meltdown?
https://www.garlic.com/~lynn/2008p.html#60 Did sub-prime cause the financial mess we are in?
https://www.garlic.com/~lynn/2008q.html#20 How is Subprime crisis impacting other Industries?
https://www.garlic.com/~lynn/2008q.html#69 if you are an powerful financial regulator , how would you have stopped the credit crunch?
https://www.garlic.com/~lynn/2008s.html#9 Blind-sided, again. Why?
https://www.garlic.com/~lynn/2008s.html#18 What next? from where would the Banks be hit?
https://www.garlic.com/~lynn/2008s.html#23 Garbage in, garbage out trampled by Moore's law
https://www.garlic.com/~lynn/2008s.html#35 Is American capitalism and greed to blame for our financial troubles in the US?
https://www.garlic.com/~lynn/2008s.html#55 Is this the story behind the crunchy credit stuff?
https://www.garlic.com/~lynn/2008s.html#57 Garbage in, garbage out trampled by Moore's law
https://www.garlic.com/~lynn/2008s.html#59 Garbage in, garbage out trampled by Moore's law
https://www.garlic.com/~lynn/2009.html#73 CROOKS and NANNIES: what would Boyd do?
https://www.garlic.com/~lynn/2009b.html#52 What has the Global Financial Crisis taught the Nations, it's Governments and Decision Makers, and how should they apply that knowledge to manage risks differently in the future?
https://www.garlic.com/~lynn/2009b.html#56 In your opinion, which facts caused the global crise situation?
https://www.garlic.com/~lynn/2009b.html#57 Credit & Risk Management ... go Simple ?
https://www.garlic.com/~lynn/2009b.html#59 As bonuses...why breed greed, when others are in dire need?
https://www.garlic.com/~lynn/2009b.html#73 What can we learn from the meltdown?
https://www.garlic.com/~lynn/2009c.html#8 How to defeat new telemarketing tactic
https://www.garlic.com/~lynn/2009c.html#38 People to Blame for the Financial Crisis
https://www.garlic.com/~lynn/2009c.html#39 'WHO IS RESPONSIBLE FOR THE GLOBAL MELTDOWN'
https://www.garlic.com/~lynn/2009c.html#61 Accounting for the "greed factor"
https://www.garlic.com/~lynn/2009c.html#65 is it possible that ALL banks will be nationalized?
https://www.garlic.com/~lynn/2009d.html#0 PNC Financial to pay CEO $3 million stock bonus
https://www.garlic.com/~lynn/2009d.html#77 Who first mentioned Credit Crunch?
https://www.garlic.com/~lynn/2009e.html#8 The background reasons of Credit Crunch
https://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?
https://www.garlic.com/~lynn/2009e.html#36 Architectural Diversity
https://www.garlic.com/~lynn/2009f.html#31 What is the real basis for business mess we are facing today?
https://www.garlic.com/~lynn/2009f.html#41 On whom or what would you place the blame for the sub-prime crisis?
https://www.garlic.com/~lynn/2009f.html#49 Is the current downturn cyclic or systemic?
https://www.garlic.com/~lynn/2009f.html#56 What's your personal confidence level concerning financial market recovery?
https://www.garlic.com/~lynn/2009f.html#65 Just posted third article about toxic assets in a series on the current financial crisis
https://www.garlic.com/~lynn/2009g.html#27 Flawed Credit Ratings Reap Profits as Regulators Fail Investors
https://www.garlic.com/~lynn/2009g.html#52 Future of Financial Mathematics?
https://www.garlic.com/~lynn/2009h.html#22 China's yuan 'set to usurp US dollar' as world's reserve currency
https://www.garlic.com/~lynn/2009h.html#23 Consumer Credit Crunch and Banking Writeoffs
https://www.garlic.com/~lynn/2009h.html#25 The Paradox of Economic Recovery
https://www.garlic.com/~lynn/2009h.html#29 Analysing risk, especially credit risk in Banks, which was a major reason for the current crisis
https://www.garlic.com/~lynn/2009i.html#1 IBM to Build Europe, Asia 'Smart Infrastructure'
https://www.garlic.com/~lynn/2009i.html#40 64 Cores -- IBM is showing a prototype already
https://www.garlic.com/~lynn/2009i.html#49 What's your personal confidence level concerning financial market recovery?
https://www.garlic.com/~lynn/2009i.html#57 In the USA "financial regulator seeks power to curb excess speculation."
https://www.garlic.com/~lynn/2009j.html#35 what is mortgage-backed securities?
https://www.garlic.com/~lynn/2009n.html#13 UK issues Turning apology (and about time, too)
https://www.garlic.com/~lynn/2009n.html#47 Opinions on the 'Unix Haters' Handbook'
https://www.garlic.com/~lynn/2009n.html#56 Opinions on the 'Unix Haters' Handbook'
https://www.garlic.com/~lynn/2009o.html#23 Opinions on the 'Unix Haters' Handbook'
https://www.garlic.com/~lynn/2010.html#37 Happy DEC-10 Day
https://www.garlic.com/~lynn/2010.html#61 Happy DEC-10 Day
https://www.garlic.com/~lynn/2010d.html#4 alphas was: search engine history, was Happy DEC
https://www.garlic.com/~lynn/2010d.html#35 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010e.html#52 LPARs: More or Less?
https://www.garlic.com/~lynn/2010f.html#76 The 2010 Census
https://www.garlic.com/~lynn/2010h.html#15 The Revolving Door and S.E.C. Enforcement
https://www.garlic.com/~lynn/2010i.html#7 The Enablers for this "Real Estate Crisis"- Willful Blindness, Greed or more?
https://www.garlic.com/~lynn/2010i.html#52 Favourite computer history books?
https://www.garlic.com/~lynn/2010l.html#38 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010l.html#40 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010l.html#53 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010m.html#8 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010n.html#29 Idiotic programming style edicts
https://www.garlic.com/~lynn/2010o.html#24 What Is MERS and What Role Does It Have in the Foreclosure Mess?
https://www.garlic.com/~lynn/2010p.html#7 What banking is. (Essential for predicting the end of finance as we know it.)
https://www.garlic.com/~lynn/2011.html#49 What do you think about fraud prevention in the governments?
https://www.garlic.com/~lynn/2011b.html#27 The Zippo Lighter theory of the financial crisis (or, who do we want to blame?)
https://www.garlic.com/~lynn/2011b.html#42 Productivity And Bubbles
https://www.garlic.com/~lynn/2011b.html#43 Productivity And Bubbles
https://www.garlic.com/~lynn/2011c.html#46 If IBM Hadn't Bet the Company
https://www.garlic.com/~lynn/2011d.html#23 The first personal computer (PC)
https://www.garlic.com/~lynn/2011e.html#36 On Protectionism
https://www.garlic.com/~lynn/2011e.html#48 On Protectionism
https://www.garlic.com/~lynn/2011e.html#60 In your opinon, what is the highest risk of financial fraud for a corporation ?
https://www.garlic.com/~lynn/2011e.html#74 The first personal computer (PC)
https://www.garlic.com/~lynn/2011f.html#43 Massive Fraud, Common Crime, No Prosecutions
https://www.garlic.com/~lynn/2011f.html#66 Bank email archives thrown open in financial crash report
https://www.garlic.com/~lynn/2011h.html#22 Is BitCoin a triple entry system?
https://www.garlic.com/~lynn/2011h.html#24 US Housing Crisis Is Now Worse Than Great Depression
https://www.garlic.com/~lynn/2011h.html#25 US Housing Crisis Is Now Worse Than Great Depression
https://www.garlic.com/~lynn/2011h.html#29 Obama: "We don't have enough engineers"
https://www.garlic.com/~lynn/2011i.html#16 'Megalomania, Insanity' Fueled Bubble: Munger
https://www.garlic.com/~lynn/2011i.html#19 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#21 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011j.html#24 rating agencies
https://www.garlic.com/~lynn/2011j.html#44 S&P Downgrades USA; Time to Downgrade S&P?
https://www.garlic.com/~lynn/2011k.html#44 New Scandal at DoJ as Illegal Guitars End Up In Hands of Mexican Drug Lords
https://www.garlic.com/~lynn/2011k.html#53 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2011k.html#60 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2011n.html#49 The men who crashed the world
https://www.garlic.com/~lynn/2011n.html#52 The men who crashed the world
https://www.garlic.com/~lynn/2011n.html#79 The men who crashed the world
https://www.garlic.com/~lynn/2011o.html#28 Confidence in banking: the EU500 supernote, or, we're all money launderers now
https://www.garlic.com/~lynn/2011o.html#36 Civilization, doomed?
https://www.garlic.com/~lynn/2011o.html#41 Civilization, doomed?
https://www.garlic.com/~lynn/2011p.html#88 Fed Report Finds Speculators Played Big Role in Housing Collapse
https://www.garlic.com/~lynn/2011p.html#132 Yes Virginia, Electronic Signatures Are Legal
https://www.garlic.com/~lynn/2012c.html#31 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#32 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#37 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#46 PC industry is heading for more change
https://www.garlic.com/~lynn/2012c.html#52 PC industry is heading for more change
https://www.garlic.com/~lynn/2012e.html#40 Who Increased the Debt?
https://www.garlic.com/~lynn/2012e.html#42 Who Increased the Debt?
https://www.garlic.com/~lynn/2012f.html#75 Fed Report: Mortgage Mess NOT an Inside Job
https://www.garlic.com/~lynn/2012f.html#80 The Failure of Central Planning
https://www.garlic.com/~lynn/2012f.html#87 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012g.html#6 Adult Supervision
https://www.garlic.com/~lynn/2012g.html#8 Adult Supervision
https://www.garlic.com/~lynn/2012g.html#9 JPM LOSES $2 BILLION USD!
https://www.garlic.com/~lynn/2012g.html#20 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#28 REPEAL OF GLASS-STEAGALL DID NOT CAUSE THE FINANCIAL CRISIS - WHAT DO YOU THINK?
https://www.garlic.com/~lynn/2012g.html#71 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#27 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#75 Interesting News Article
https://www.garlic.com/~lynn/2012j.html#28 Why Asian companies struggle to manage global workers
https://www.garlic.com/~lynn/2012k.html#43 Core characteristics of resilience
https://www.garlic.com/~lynn/2012k.html#75 What's the bigger risk, retiring too soon, or too late?

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

8-bit bytes and byte-addressed machines

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: 8-bit bytes and byte-addressed machines
Newsgroups: comp.arch
Date: Tue, 25 Sep 2012 13:58:11 -0400
Jim Haynes <jhaynes@alumni.uark.edu> writes:
By the time of the 360 people were begining to realize that a 6-bit character set was insufficient. ASCII was officially 7 bits, and IBMs competing EBCDIC used all 8 bits.

minor caveat regarding ascii/ebcdic ... claims Learson made biggest computer goof ever:
https://web.archive.org/web/20180513184025/http://www.bobbemer.com/P-BIT.HTM

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Tue, 25 Sep 2012 17:27:17 -0400
hancock4 writes:
This also suggests a moral question that is not so easy to answer.

Suppose you are a systems analyst at a financial institution. The orders come down from the top to modify the 'scoring' system in the computer so as to quality many more applicants, and also represent packaged securities in a better light.

As a computer specialist, you are not that familiar with the details of securities, but you know enough to be 'uncomfortable' with the orders. You might question it, but are told to go ahead and do it.

In this lousy economy, how many of us (with families and mortgages of our own to support) would quit our jobs over such an order? We don't know for sure if it's truly bad. The high-ups ordered it, so we might presume they know what they're doing. It's not like we're falsifying medical records or research that could harm other people; this is just business-to-business.


the claim was that the loan originators stoped scoring customers at all ... loan officers were told to make as many loans as fast as possible for as much as possible ... the loan officers and the companies had come to be making money by the number&sizes of loans ... quality no longer entered into it. being able to pay for triple-A met they could unload all the loans they could write ... as fast as they could write them.

there have been recent stories about washington mutual and their people. it seems those complained about doing illegal stuff were replaced ... and those that stayed made enormous amounts of money. pretty corrupt all the way up (or all the way down?) some of the recent articles possibly prompted by this

Washington Mutual's Former Chief Takes Issue With Book's Portrayal
http://dealbook.nytimes.com/2012/06/21/washington-mutuals-former-chief-takes-issue-with-books-portrayal/

"The Lost Bank"
https://www.amazon.com/The-Lost-Bank-ebook/dp/B0061NVR8E

older article
http://seattletimes.com/html/businesstechnology/2010131911_wamu25.html

chase bought wamu mortgages
http://americankabuki.blogspot.com/2012/08/jpmorgan-chase-schedule-of-loans.html

BOMBSHELL- The WAMU/JPMorgan/Chase/FDIC Fiasco Who Owns WAMU Assets? ... (so many cases fighting this issue)
http://mattweidnerlaw.com/blog/2012/06/bombshell-the-wamujpmorganchasefdic-fiasco-who-owns-wamu-assets-so-many-cases-fighting-this-issue/

from above:
FIRST RULE: DO NOT TRUST THE GOVERNMENT
SECOND RULE: DO NOT TRUST THE BANKS THAT OWN THE GOVERNMENT
THIRD RULE: THE BANKS KICK DOWN ANY DOORS THEY CARE TO
FOURTH RULE: REMEMBER THE FIRST AND SECOND AND THIRD RULES


... snip ...

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

General Mills computer

Refed: **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Tue, 25 Sep 2012 18:25:54 -0400
re:
https://www.garlic.com/~lynn/2012m.html#50 General Mills computer
https://www.garlic.com/~lynn/2012m.html#51 General Mills computer
https://www.garlic.com/~lynn/2012m.html#53 General Mills computer

the loan originators were making their money as fast as possible on undocumented loans with-out regard to loan quality or borrower's qualifications ... getting their commissions, fees and bonuses.

wallstreet then encouraged the flood of triple-A rated toxic CDOs ... getting their own flood of commissions, fees and bonuses ... with $27 trillion in triple-A rated toxic CDOs done during the bubble.
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=home&sid=a0jln3.CSS6

a lttle topic drift here

This Presidential Race Should Never Have Been This Close
http://www.rollingstone.com/politics/blogs/taibblog/this-presidential-race-should-never-have-been-this-close-20120925

but from above:

Think about it. Four years ago, we had an economic crash that wiped out somewhere between a quarter to 40% of the world's wealth, depending on whom you believe. The crash was caused by an utterly disgusting and irresponsible class of Wall Street paper-pushers who loaded the world up with deadly leverage in pursuit of their own bonuses, then ran screaming to the government for a handout (and got it) the instant it all went south

... snip ...

if wallstreet hadn't been willing to package the no-documentation and even worthless loans as toxic CDOs and then give them triple-A ratings ... the corrupt loan originators wouldn't have been able to ply their trade.

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Wed, 26 Sep 2012 00:00:25 -0400
Dave Garland <dave.garland@wizinfo.com> writes:
These days in the USA, when two-thirds of mortgages are technically owned by a front company (MERS), when the underlying mortgages have been sliced and diced and bundled into financial instruments, when the transfer paperwork often involves forged signatures and fraud (assuming it exists at all and the bank can actually find it), very few banks (outside of small community banks who haven't resold the mortgage) can prove they have the mortgage. But it's political dynamite to mess with that, we've bailed out the financial system once, what happens if suddenly a large percentage of mortgages are just worthless paper?

MERS didn't have legal mortgage documents ... so when it came to something like foreclosures ... they had to create fraudulent documents on the fly ... cases of people signing fraudulently generated mortgage documents hundreds or possibly thousands a day ... w/o even knowing what they were signing ... with such a massive fraudulent document assembly line, it is little wonder that they might accidentally be illegally putting random victims into foreclosers.

we had been brought in to help wordsmith the cal. statue electronic signature legislation. The Ceritfication Authority (CA) digital certificate/signature industry was heavily lobbying that the legislation mandate people had to purchase personal digital certificates as part of the legislation. The MERS crownd was lurky around the fringes that digital signatures would be mandated as "electronic signature" ... and they could dispense with paper/hardcopy for legal mortgage documents. It didn't quite happen that way. misc. past posts mentioning cal. electronic signature legislation
https://www.garlic.com/~lynn/subpubkey.html#signature

Problem was that the wallstreet and TBTF with MERS had dug such a deep illegal canyon ... that it would have been another path that they had created to bring the whole infrastructure down.

I remember something from the 90s about regular illegal activity gets jail time ... but at some point if the illegal activity exceeds a some magnitude ... the gov. has to support them (variation on if you owe the bank $100,000, the bank owns you ... however if you owe the bank $10,000,000,000 ... you own the bank)

recent item

Washington Supreme Court Issues MERS Smackdown
http://www.nakedcapitalism.com/2012/08/washington-supreme-court-issues-mers-smackdown.html

misc. past post mentioning MERS and/or the robo-signing shops
https://www.garlic.com/~lynn/2010o.html#24 What Is MERS and What Role Does It Have in the Foreclosure Mess?
https://www.garlic.com/~lynn/2012c.html#38 The Death of MERS
https://www.garlic.com/~lynn/2012c.html#46 PC industry is heading for more change
https://www.garlic.com/~lynn/2012c.html#49 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#10 PC industry is heading for more change
https://www.garlic.com/~lynn/2012g.html#8 Adult Supervision
https://www.garlic.com/~lynn/2012i.html#13 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012l.html#68 Singer Cartons of Punch Cards

past posts in this thread:
https://www.garlic.com/~lynn/2012m.html#30 General Mills computer
https://www.garlic.com/~lynn/2012m.html#32 General Mills computer
https://www.garlic.com/~lynn/2012m.html#33 General Mills computer
https://www.garlic.com/~lynn/2012m.html#34 General Mills computer
https://www.garlic.com/~lynn/2012m.html#35 General Mills computer
https://www.garlic.com/~lynn/2012m.html#36 General Mills computer
https://www.garlic.com/~lynn/2012m.html#38 General Mills computer
https://www.garlic.com/~lynn/2012m.html#39 General Mills computer
https://www.garlic.com/~lynn/2012m.html#40 General Mills computer
https://www.garlic.com/~lynn/2012m.html#42 General Mills computer
https://www.garlic.com/~lynn/2012m.html#44 General Mills computer
https://www.garlic.com/~lynn/2012m.html#45 General Mills computer
https://www.garlic.com/~lynn/2012m.html#46 General Mills computer
https://www.garlic.com/~lynn/2012m.html#48 General Mills computer
https://www.garlic.com/~lynn/2012m.html#50 General Mills computer
https://www.garlic.com/~lynn/2012m.html#51 General Mills computer
https://www.garlic.com/~lynn/2012m.html#53 General Mills computer
https://www.garlic.com/~lynn/2012m.html#54 General Mills computer

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Wed, 26 Sep 2012 09:47:45 -0400
kenney writes:
Probably more important is that Fanny and Freddy eased the criteria on mortgages they would buy. Also the big mortgage companies did not originate sub prime. They got into it to maintain market share and bette margins. Citigroup had aims of being the largest mortgage company in the US. There was greed all the way down some sub prime borrowers may have not understood the terms but other were intending to sell up at a profit before the teaser rate expired or just default.

The reason the problem was worldwide was the exposure either direct or through CDS of banks in other countries to US sub prime. Northern Rock had no sub prime exposure but was prepared to offer 120% loan to value to selected people and relied almost totally for liquidity on the market.


the history was that GSE/fanny/freddy and were loosing significant market share. during S&L crisis, securitized mortgages were used to obfuscate fraudulent mortgages ... but had little market. The point of paying for triple-A rating on toxic CDOs was that it opened up a whole new market for mortgages (besides GSE/fanny/freddy) ... all the instititions that were restricted to dealing in safe investments, like large retirement funds ... aka the $27T world-wide market alternative to GSE/fanny/freddy (and with triple-A rating they no longer had to care about loan quality and/or borrowers qualification, allowing them even to do NINJA loans).
Evil Wall Street Exports Boomed With 'Fools' Born to Buy Debt
https://www.bloomberg.com/news/articles/2008-10-27/evil-wall-street-exports-boomed-with-fools-born-to-buy-debt

Krugman on the GSEs
http://www.calculatedriskblog.com/2008/07/krugman-on-gses.html

from above:
Fannie and Freddie had about as much to with the "explosion of high-risk lending" as they could get away with. We are all fortunate that they couldn't get away with all that much of it. It is a fact that their market share dropped like a brick in the early years of this century, except of course for years like 2003, when fixed rates dropped to cyclical lows, refis boomed, and GSE market share shot up again, only to plummet in the years following during the purchase boom.

... snip ...

aka GSEs were restricted in how much they could relax standards. It was paying for triple-A rating and selling $27T into other markets ... that had no restrictions on mortgages they were buying (other than being restricted to buying triple-A).

also from above:
I think we can give Fannie and Freddie their due share of responsibility for the mess we're in, while acknowledging that they were nowhere near the biggest culprits in the recent credit bubble.

... snip ...

A lot of wallstreet players, that were the major culprits, frequently try to obfuscate and misdirect by finger pointing at other players that carry some guilt ... it is like FAA accident apportionment ... where the 90% culpable point their fingers at the five percenters.

and more from above:
The irony of the "subprime" situation, it seems to me, is that we probably all would have been better off if the GSEs had gotten into it in a big way. If the GSEs had been able to create a market in "vanilla" subprime--fixed rates, no prepayment penalties, careful documentation requirements, competitive pricing--and forced their seller/servicers into a "subprime box," the subprime loan market would have been a lot better off.

... snip ...

Note however, the GSE never had anywhere near the resources to do the $27T in triple-A toxic CDOs done during the bubble

Fannie, Freddie fight for mortgage market share; Chastened, the GSEs insist they're relevant
http://www.inman.com/2006/05/15/fannie-freddie-fight-mortgage-market-share/

The above references that Fannie/Freddie has questionable accounting practices (but still didn't have the tens of trillions that were being done in triple-A rated toxic CDOs). As an aside, Buffett had been Freddie's largest shareholder in 2000/2001, but got out of GSEs because of their accounting methods.

mention $27T done during the bubble:

Evil Wall Street Exports Boomed With 'Fools' Born to Buy Debt
https://www.bloomberg.com/news/articles/2008-10-27/evil-wall-street-exports-boomed-with-fools-born-to-buy-debt

past posts mentioning $27T in triple-A rated toxic CDOs done during the bubble
https://www.garlic.com/~lynn/2009d.html#59 Quiz: Evaluate your level of Spreadsheet risk
https://www.garlic.com/~lynn/2009d.html#62 Is Wall Street World's Largest Ponzi Scheme where Madoff is Just a Poster Child?
https://www.garlic.com/~lynn/2009e.html#8 The background reasons of Credit Crunch
https://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?
https://www.garlic.com/~lynn/2009f.html#41 On whom or what would you place the blame for the sub-prime crisis?
https://www.garlic.com/~lynn/2009f.html#49 Is the current downturn cyclic or systemic?
https://www.garlic.com/~lynn/2009f.html#56 What's your personal confidence level concerning financial market recovery?
https://www.garlic.com/~lynn/2009f.html#65 Just posted third article about toxic assets in a series on the current financial crisis
https://www.garlic.com/~lynn/2009g.html#1 Future of Financial Mathematics?
https://www.garlic.com/~lynn/2009g.html#5 Do the current Banking Results in the US hide a grim truth?
https://www.garlic.com/~lynn/2009g.html#27 Flawed Credit Ratings Reap Profits as Regulators Fail Investors
https://www.garlic.com/~lynn/2009g.html#52 Future of Financial Mathematics?
https://www.garlic.com/~lynn/2009g.html#53 We Can't Subsidize the Banks Forever
https://www.garlic.com/~lynn/2009h.html#3 Consumer Credit Crunch and Banking Writeoffs
https://www.garlic.com/~lynn/2009h.html#10 China's yuan 'set to usurp US dollar' as world's reserve currency
https://www.garlic.com/~lynn/2009h.html#21 China's yuan 'set to usurp US dollar' as world's reserve currency
https://www.garlic.com/~lynn/2009h.html#25 The Paradox of Economic Recovery
https://www.garlic.com/~lynn/2009h.html#29 Analysing risk, especially credit risk in Banks, which was a major reason for the current crisis
https://www.garlic.com/~lynn/2009h.html#49 IBM to Build Europe, Asia 'Smart Infrastructure'
https://www.garlic.com/~lynn/2009i.html#60 In the USA "financial regulator seeks power to curb excess speculation."
https://www.garlic.com/~lynn/2009j.html#35 what is mortgage-backed securities?
https://www.garlic.com/~lynn/2009n.html#13 UK issues Turning apology (and about time, too)
https://www.garlic.com/~lynn/2009n.html#21 UK issues Turning apology (and about time, too)
https://www.garlic.com/~lynn/2010d.html#4 alphas was: search engine history, was Happy DEC
https://www.garlic.com/~lynn/2010d.html#5 alphas was: search engine history, was Happy DEC
https://www.garlic.com/~lynn/2010d.html#8 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010d.html#10 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010d.html#11 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010d.html#26 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010d.html#29 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010e.html#74 LPARs: More or Less?
https://www.garlic.com/~lynn/2010f.html#15 LPARs: More or Less?
https://www.garlic.com/~lynn/2010f.html#33 The 2010 Census
https://www.garlic.com/~lynn/2010f.html#54 The 2010 Census
https://www.garlic.com/~lynn/2010f.html#69 The 2010 Census
https://www.garlic.com/~lynn/2010f.html#76 The 2010 Census
https://www.garlic.com/~lynn/2010h.html#15 The Revolving Door and S.E.C. Enforcement
https://www.garlic.com/~lynn/2010i.html#34 Idiotic programming style edicts
https://www.garlic.com/~lynn/2010i.html#47 "Fraud & Stupidity Look a Lot Alike"
https://www.garlic.com/~lynn/2010k.html#46 Snow White and the Seven Dwarfs
https://www.garlic.com/~lynn/2010l.html#38 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010l.html#40 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010l.html#48 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010l.html#53 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010l.html#56 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010n.html#29 Idiotic programming style edicts
https://www.garlic.com/~lynn/2010o.html#22 60 Minutes News Report:Unemployed for over 99 weeks!
https://www.garlic.com/~lynn/2010o.html#24 What Is MERS and What Role Does It Have in the Foreclosure Mess?
https://www.garlic.com/~lynn/2010o.html#59 They always think we don't understand
https://www.garlic.com/~lynn/2010p.html#6 What banking is. (Essential for predicting the end of finance as we know it.)
https://www.garlic.com/~lynn/2010p.html#7 What banking is. (Essential for predicting the end of finance as we know it.)
https://www.garlic.com/~lynn/2010p.html#17 What banking is. (Essential for predicting the end of finance as we know it.)
https://www.garlic.com/~lynn/2011.html#50 What do you think about fraud prevention in the governments?
https://www.garlic.com/~lynn/2011.html#80 Chinese and Indian Entrepreneurs Are Eating America's Lunch
https://www.garlic.com/~lynn/2011b.html#27 The Zippo Lighter theory of the financial crisis (or, who do we want to blame?)
https://www.garlic.com/~lynn/2011b.html#42 Productivity And Bubbles
https://www.garlic.com/~lynn/2011b.html#43 Productivity And Bubbles
https://www.garlic.com/~lynn/2011b.html#45 Productivity And Bubbles
https://www.garlic.com/~lynn/2011c.html#46 If IBM Hadn't Bet the Company
https://www.garlic.com/~lynn/2011d.html#23 The first personal computer (PC)
https://www.garlic.com/~lynn/2011e.html#7 I actually miss working at IBM
https://www.garlic.com/~lynn/2011e.html#36 On Protectionism
https://www.garlic.com/~lynn/2011e.html#48 On Protectionism
https://www.garlic.com/~lynn/2011e.html#60 In your opinon, what is the highest risk of financial fraud for a corporation ?
https://www.garlic.com/~lynn/2011e.html#74 The first personal computer (PC)
https://www.garlic.com/~lynn/2011f.html#43 Massive Fraud, Common Crime, No Prosecutions
https://www.garlic.com/~lynn/2011f.html#66 Bank email archives thrown open in financial crash report
https://www.garlic.com/~lynn/2011g.html#30 Bank email archives thrown open in financial crash report
https://www.garlic.com/~lynn/2011g.html#71 Pressing Obama, House Bars Rise for Debt Ceiling
https://www.garlic.com/~lynn/2011h.html#5 Home prices may drop another 25%, Shiller predicts
https://www.garlic.com/~lynn/2011h.html#22 Is BitCoin a triple entry system?
https://www.garlic.com/~lynn/2011h.html#24 US Housing Crisis Is Now Worse Than Great Depression
https://www.garlic.com/~lynn/2011h.html#25 US Housing Crisis Is Now Worse Than Great Depression
https://www.garlic.com/~lynn/2011h.html#26 Is the magic and romance killed by Windows (and Linux)?
https://www.garlic.com/~lynn/2011h.html#29 Obama: "We don't have enough engineers"
https://www.garlic.com/~lynn/2011i.html#13 'Megalomania, Insanity' Fueled Bubble: Munger
https://www.garlic.com/~lynn/2011i.html#16 'Megalomania, Insanity' Fueled Bubble: Munger
https://www.garlic.com/~lynn/2011i.html#19 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#33 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#37 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011j.html#24 rating agencies
https://www.garlic.com/~lynn/2011j.html#38 Advice from Richard P. Feynman
https://www.garlic.com/~lynn/2011j.html#39 Advice from Richard P. Feynman
https://www.garlic.com/~lynn/2011j.html#41 Advice from Richard P. Feynman
https://www.garlic.com/~lynn/2011j.html#44 S&P Downgrades USA; Time to Downgrade S&P?
https://www.garlic.com/~lynn/2011j.html#50 How Many Divisions Does Standard and Poors Have?
https://www.garlic.com/~lynn/2011k.html#2 First Website Launched 20 Years Ago Today
https://www.garlic.com/~lynn/2011k.html#16 Feds Launch Probe Into S&P Mortgage Rates
https://www.garlic.com/~lynn/2011k.html#56 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2011k.html#60 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2011l.html#62 The true cost of 9/11: Trillions and trillions wasted on wars, a fiscal catastrophe, and a weaker America
https://www.garlic.com/~lynn/2011l.html#67 computer bootlaces
https://www.garlic.com/~lynn/2011n.html#24 AMERICA IS BROKEN, WHAT NOW?
https://www.garlic.com/~lynn/2011n.html#41 The men who crashed the world
https://www.garlic.com/~lynn/2011n.html#52 The men who crashed the world
https://www.garlic.com/~lynn/2011n.html#57 The Mortgage Crisis---Some Inside Views
https://www.garlic.com/~lynn/2011n.html#73 Did You Hear the One About the Bankers?
https://www.garlic.com/~lynn/2011n.html#77 Did You Hear the One About the Bankers?
https://www.garlic.com/~lynn/2011n.html#79 The men who crashed the world
https://www.garlic.com/~lynn/2011n.html#82 The men who crashed the world
https://www.garlic.com/~lynn/2011o.html#28 Confidence in banking: the EU500 supernote, or, we're all money launderers now
https://www.garlic.com/~lynn/2011o.html#36 Civilization, doomed?
https://www.garlic.com/~lynn/2011o.html#37 Civilization, doomed?
https://www.garlic.com/~lynn/2011o.html#38 Civilization, doomed?
https://www.garlic.com/~lynn/2011o.html#60 Civilization, doomed?
https://www.garlic.com/~lynn/2011o.html#68 Building a Better America-One Wealth Quintile at a Time
https://www.garlic.com/~lynn/2011o.html#73 How Pursuit of Profits Kills Innovation and the U.S. Economy
https://www.garlic.com/~lynn/2011o.html#76 How Pursuit of Profits Kills Innovation and the U.S. Economy
https://www.garlic.com/~lynn/2011o.html#77 How Pursuit of Profits Kills Innovation and the U.S. Economy
https://www.garlic.com/~lynn/2011o.html#83 The banking sector grew seven times faster than gross domestic product since the beginning of the financial crisis and Too-Big-to-Fail: Banks Get Bigger After Dodd-Frank
https://www.garlic.com/~lynn/2011p.html#3 The Obama Spending Non-surge
https://www.garlic.com/~lynn/2011p.html#23 Security 2012: Blood in the Water
https://www.garlic.com/~lynn/2011p.html#31 21st Century Management approach?
https://www.garlic.com/~lynn/2011p.html#41 The men who crashed the world
https://www.garlic.com/~lynn/2011p.html#70 No One Telling Who Took $586B in Fed Swaps
https://www.garlic.com/~lynn/2011p.html#88 Fed Report Finds Speculators Played Big Role in Housing Collapse
https://www.garlic.com/~lynn/2011p.html#92 Bank Failures Cost $88 Billion
https://www.garlic.com/~lynn/2011p.html#135 Estimate that WW1 cost $52B
https://www.garlic.com/~lynn/2012.html#21 Zombie Banks
https://www.garlic.com/~lynn/2012.html#32 Wall Street Bonuses May Reach Lowest Level in 3 Years
https://www.garlic.com/~lynn/2012b.html#19 "Buffett Tax" and truth in numbers
https://www.garlic.com/~lynn/2012b.html#65 Why Wall Street Should Stop Whining
https://www.garlic.com/~lynn/2012b.html#95 Bank of America Fined $1 Billion for Mortgage Fraud
https://www.garlic.com/~lynn/2012c.html#30 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#31 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#32 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#36 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#37 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#38 The Death of MERS
https://www.garlic.com/~lynn/2012c.html#45 Fannie, Freddie Charge Taxpayers For Legal Bills
https://www.garlic.com/~lynn/2012c.html#46 PC industry is heading for more change
https://www.garlic.com/~lynn/2012c.html#54 PC industry is heading for more change
https://www.garlic.com/~lynn/2012c.html#55 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#32 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#42 China's J-20 Stealth Fighter Is Already Doing A Whole Lot More Than Anyone Expected
https://www.garlic.com/~lynn/2012e.html#23 Are mothers naturally better at OODA because they always have the Win in mind?
https://www.garlic.com/~lynn/2012e.html#40 Who Increased the Debt?
https://www.garlic.com/~lynn/2012e.html#42 Who Increased the Debt?
https://www.garlic.com/~lynn/2012e.html#58 Word Length
https://www.garlic.com/~lynn/2012f.html#31 Rome speaks to us. Their example can inspire us to avoid their fate
https://www.garlic.com/~lynn/2012f.html#63 One maths formula and the financial crash
https://www.garlic.com/~lynn/2012f.html#66 Predator GE: We Bring Bad Things to Life
https://www.garlic.com/~lynn/2012f.html#69 Freefall: America, Free Markets, and the Sinking of the World Economy
https://www.garlic.com/~lynn/2012f.html#75 Fed Report: Mortgage Mess NOT an Inside Job
https://www.garlic.com/~lynn/2012f.html#80 The Failure of Central Planning
https://www.garlic.com/~lynn/2012f.html#87 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012g.html#6 Adult Supervision
https://www.garlic.com/~lynn/2012g.html#7 Adult Supervision
https://www.garlic.com/~lynn/2012g.html#8 Adult Supervision
https://www.garlic.com/~lynn/2012g.html#20 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#22 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#28 REPEAL OF GLASS-STEAGALL DID NOT CAUSE THE FINANCIAL CRISIS - WHAT DO YOU THINK?
https://www.garlic.com/~lynn/2012g.html#71 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#76 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#26 US economic update. Everything that follows is a result of what you see here
https://www.garlic.com/~lynn/2012h.html#32 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#63 Is this Boyd's fundamental postulate, 'to improve our capacity for independent action'?
https://www.garlic.com/~lynn/2012h.html#75 Interesting News Article
https://www.garlic.com/~lynn/2012i.html#13 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#14 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#51 Is this Boyd's fundamental postulate, 'to improve our capacity for independent action'? thoughts please
https://www.garlic.com/~lynn/2012j.html#28 Why Asian companies struggle to manage global workers
https://www.garlic.com/~lynn/2012j.html#65 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012k.html#17 a clock in it, was Re: Interesting News Article
https://www.garlic.com/~lynn/2012k.html#43 Core characteristics of resilience
https://www.garlic.com/~lynn/2012k.html#75 What's the bigger risk, retiring too soon, or too late?
https://www.garlic.com/~lynn/2012l.html#64 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012m.html#54 General Mills computer

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

General Mills computer

Refed: **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Wed, 26 Sep 2012 10:28:00 -0400
oh and from today ...

Sheila Bair Gives Her Account of the Crisis, and (Quelle Surprise!) the Bailouts and Geithner Do Not Look Pretty
http://www.nakedcapitalism.com/2012/09/sheila-bair-gives-her-account-of-the-crisis-and-quelle-surprise-the-bailouts-and-geithner-do-not-look-pretty.html

referencing

Bull by the Horns
https://www.amazon.com/Bull-by-the-Horns-ebook/dp/B0061Q688A

past posts mentioning Sheila Bair
https://www.garlic.com/~lynn/2009d.html#22 Is it time to put banking executives on trial?
https://www.garlic.com/~lynn/2009g.html#8 Just posted third article about toxic assets in a series on the current financial crisis
https://www.garlic.com/~lynn/2009g.html#53 We Can't Subsidize the Banks Forever
https://www.garlic.com/~lynn/2012.html#21 Zombie Banks
https://www.garlic.com/~lynn/2012f.html#14 Free $10 Million Loans For All! and Other Wall Street Notes
https://www.garlic.com/~lynn/2012g.html#61 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
https://www.garlic.com/~lynn/2012h.html#5 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#25 US economic update. Everything that follows is a result of what you see here
https://www.garlic.com/~lynn/2012h.html#26 US economic update. Everything that follows is a result of what you see here
https://www.garlic.com/~lynn/2012h.html#37 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#58 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#64 Monopoly/ Cartons of Punch Cards

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

General Mills computer

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Wed, 26 Sep 2012 11:09:37 -0400
Anne & Lynn Wheeler <lynn@garlic.com> writes:
Sheila Bair Gives Her Account of the Crisis, and (Quelle Surprise!) the Bailouts and Geithner Do Not Look Pretty
http://www.nakedcapitalism.com/2012/09/sheila-bair-gives-her-account-of-the-crisis-and-quelle-surprise-the-bailouts-and-geithner-do-not-look-pretty.html

referencing

Bull by the Horns
https://www.amazon.com/Bull-by-the-Horns-ebook/dp/B0061Q688A


re:
https://www.garlic.com/~lynn/2012m.html#57 General Mills computer

from the nakedcapitalism item:
She similarly gets in an adept dig at Geithner's lack of oversight while at the NY Fed and his relationship with his mentor Bob Rubin who was then on Citi's board,

... snip ...

more detail
https://en.wikipedia.org/wiki/Timothy_Geithner

#1 on time's list of those responsible for the economic mess
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877339,00.html
head of countrywide ... which was in competition with wamu:
https://www.garlic.com/~lynn/2012m.html#53 General Mills computer

Countrywide whistleblower reveals rampant mortgage fraud part of 'everyday business'
http://www.rawstory.com/rs/2012/07/21/countrywide-whistleblower-reveals-rampant-mortgage-fraud-part-of-everyday-business/

next on the list ... in senate aggresively deregulating wallstreet (including repeal of Glass-Steagall and exempting CDS from regulation)
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877330,00.html

the person taking over citibank in violation of Glass-Steagall and then Greenspan gives him exemption while he lobbied washington to repeal Glass-Stegall
https://www.garlic.com/~lynn/2012g.html#16 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#59 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
https://www.garlic.com/~lynn/2012h.html#45 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012k.html#31 History--punched card transmission over telegraph lines
https://www.garlic.com/~lynn/2012l.html#63 Singer Cartons of Punch Cards

After repeal of Glass-Steagall ... Rubin resigns and is brought into Citi (i.e. one of the people being lobbied in washington). Rubin was Secretary of treasury ... but previously he had been co-chairman of Goldman-Sachs (contributing to comments that treasury was goldman-sachs branch office in washington).
https://en.wikipedia.org/wiki/Robert_Rubin

from above
In 1999, affirming his career-long interest in markets, Rubin joined Citigroup as a board member and as a participant "in strategic managerial and operational matters of the Company, but [...] no line responsibilities."

... snip ...

various items at the time listed him as co-chairman of Citi. Since the crash there seems to have been efforts to downplay Rubins role at Citi during the period that Citi played one of the most prominent too-big-to-fail roles in the economic mess

also from above
In 1997, Rubin and Federal Reserve chairman Alan Greenspan strongly opposed giving the Commodity Futures Trading Commission oversight of over-the-counter credit derivatives when this was proposed by Brooksley Born, the head of the CFTC. Rubin's role was highlighted in a Public Broadcasting Service Frontline report, "The Warning".[11] Over-the-counter credit derivatives were eventually excluded from regulation by the CFTC by the Commodity Futures Modernization Act of 2000. According to the Frontline documentary, they played a key role in the 2008 financial crisis.

... snip ...

recent posts about interconnections between various players (including Gerstner):
https://www.garlic.com/~lynn/2012g.html#82 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012g.html#87 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#45 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012k.html#31 History--punched card transmission over telegraph lines

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

General Mills computer

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Wed, 26 Sep 2012 12:06:08 -0400
re:
https://www.garlic.com/~lynn/2012m.html#57 General Mills computer
https://www.garlic.com/~lynn/2012m.html#58 General Mills computer

person taking over Citi and lobbying for repeal of Glass-Steagall (opening the way for too-big-to-fail) ... also on time's list of those responsible for economic mess
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877329,00.html

ans is also listed as Dimon's mentor (similar to Rubin being listed as Geithner's mentor) ... Dimon now head of another too-big-to-fail, Chase.
https://en.wikipedia.org/wiki/Jamie_Dimon

and Secretary of Treasury during the economic mess and started the bailouts (served between Rubin and Geithner) ... also another former chairman of Goldman-Sachs and also on Time's list of those responsible for economic mess
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877341,00.html

and wiki entry
https://en.wikipedia.org/wiki/Henry_Paulson

#3 on Time's list of those responsible for economic mess ... person that gave Citi an exemption for violating Glass-Steagall ... while being allowed to lobby for repealing Glass-Steagall
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877331,00.html

and wiki entry
https://en.wikipedia.org/wiki/Alan_Greenspan

past posts mentioning time's list of those responsible for economic mess
https://www.garlic.com/~lynn/2009c.html#38 People to Blame for the Financial Crisis
https://www.garlic.com/~lynn/2009c.html#39 'WHO IS RESPONSIBLE FOR THE GLOBAL MELTDOWN'
https://www.garlic.com/~lynn/2009c.html#49 How to defeat new telemarketing tactic
https://www.garlic.com/~lynn/2009c.html#53 How to defeat new telemarketing tactic
https://www.garlic.com/~lynn/2009c.html#55 Who will give Citigroup the KNOCKOUT blow?
https://www.garlic.com/~lynn/2009c.html#65 is it possible that ALL banks will be nationalized?
https://www.garlic.com/~lynn/2009d.html#10 Who will Survive AIG or Derivative Counterparty Risk?
https://www.garlic.com/~lynn/2009d.html#28 I need insight on the Stock Market
https://www.garlic.com/~lynn/2009d.html#61 Quiz: Evaluate your level of Spreadsheet risk
https://www.garlic.com/~lynn/2009d.html#62 Is Wall Street World's Largest Ponzi Scheme where Madoff is Just a Poster Child?
https://www.garlic.com/~lynn/2009d.html#63 Do bonuses foster unethical conduct?
https://www.garlic.com/~lynn/2009d.html#73 Should Glass-Steagall be reinstated?
https://www.garlic.com/~lynn/2009e.html#0 What is swap in the financial market?
https://www.garlic.com/~lynn/2009e.html#8 The background reasons of Credit Crunch
https://www.garlic.com/~lynn/2009e.html#13 Should we fear and hate derivatives?
https://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?
https://www.garlic.com/~lynn/2009e.html#35 Architectural Diversity
https://www.garlic.com/~lynn/2009f.html#29 What is the real basis for business mess we are facing today?
https://www.garlic.com/~lynn/2009f.html#38 On whom or what would you place the blame for the sub-prime crisis?
https://www.garlic.com/~lynn/2009f.html#51 On whom or what would you place the blame for the sub-prime crisis?
https://www.garlic.com/~lynn/2009f.html#53 What every taxpayer should know about what caused the current Financial Crisis
https://www.garlic.com/~lynn/2009g.html#5 Do the current Banking Results in the US hide a grim truth?
https://www.garlic.com/~lynn/2009g.html#7 Just posted third article about toxic assets in a series on the current financial crisis
https://www.garlic.com/~lynn/2009g.html#33 Treating the Web As an Archive
https://www.garlic.com/~lynn/2009g.html#76 Undoing 2000 Commodity Futures Modernization Act
https://www.garlic.com/~lynn/2009h.html#17 REGULATOR ROLE IN THE LIGHT OF RECENT FINANCIAL SCANDALS
https://www.garlic.com/~lynn/2009i.html#54 64 Cores -- IBM is showing a prototype already
https://www.garlic.com/~lynn/2009i.html#60 In the USA "financial regulator seeks power to curb excess speculation."
https://www.garlic.com/~lynn/2009i.html#74 Administration calls for financial system overhaul
https://www.garlic.com/~lynn/2009i.html#77 Financial Regulatory Reform - elimination of loophole allowing special purpose institutions outside Bank Holding Company (BHC) oversigh
https://www.garlic.com/~lynn/2009j.html#21 The Big Takeover
https://www.garlic.com/~lynn/2009j.html#30 An Amazing Document On Madoff Said To Have Been Sent To SEC In 2005
https://www.garlic.com/~lynn/2009j.html#35 what is mortgage-backed securities?
https://www.garlic.com/~lynn/2009l.html#5 Internal fraud isn't new, but it's news
https://www.garlic.com/~lynn/2009n.html#56 Opinions on the 'Unix Haters' Handbook'
https://www.garlic.com/~lynn/2009o.html#84 Opinions on the 'Unix Haters' Handbook'
https://www.garlic.com/~lynn/2009p.html#51 Opinions on the 'Unix Haters' Handbook
https://www.garlic.com/~lynn/2009q.html#77 Now is time for banks to replace core system according to Accenture
https://www.garlic.com/~lynn/2010b.html#82 Oldest Instruction Set still in daily use?
https://www.garlic.com/~lynn/2010b.html#92 Who's to Blame for the Meltdown?
https://www.garlic.com/~lynn/2010f.html#54 The 2010 Census
https://www.garlic.com/~lynn/2010h.html#28 Our Pecora Moment
https://www.garlic.com/~lynn/2010h.html#67 The Python and the Mongoose: it helps if you know the rules of engagement
https://www.garlic.com/~lynn/2010l.html#38 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010n.html#36 Idiotic programming style edicts
https://www.garlic.com/~lynn/2010q.html#29 Ernst & Young sued for fraud over Lehman
https://www.garlic.com/~lynn/2011e.html#9 I actually miss working at IBM
https://www.garlic.com/~lynn/2011e.html#36 On Protectionism
https://www.garlic.com/~lynn/2011e.html#38 On Protectionism
https://www.garlic.com/~lynn/2011e.html#40 On Protectionism
https://www.garlic.com/~lynn/2011f.html#52 Are Americans serious about dealing with money laundering and the drug cartels?
https://www.garlic.com/~lynn/2011h.html#25 US Housing Crisis Is Now Worse Than Great Depression
https://www.garlic.com/~lynn/2011h.html#29 Obama: "We don't have enough engineers"
https://www.garlic.com/~lynn/2011i.html#8 'Megalomania, Insanity' Fueled Bubble: Munger
https://www.garlic.com/~lynn/2011i.html#18 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#19 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011j.html#41 Advice from Richard P. Feynman
https://www.garlic.com/~lynn/2011k.html#30 Regulators seek to plug derivatives data gaps
https://www.garlic.com/~lynn/2011k.html#53 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2011k.html#54 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2011l.html#69 computer bootlaces
https://www.garlic.com/~lynn/2011l.html#74 computer bootlaces
https://www.garlic.com/~lynn/2011m.html#2 computer bootlaces
https://www.garlic.com/~lynn/2011n.html#41 The men who crashed the world
https://www.garlic.com/~lynn/2011n.html#49 The men who crashed the world
https://www.garlic.com/~lynn/2011n.html#77 Did You Hear the One About the Bankers?
https://www.garlic.com/~lynn/2011o.html#62 Civilization, doomed?
https://www.garlic.com/~lynn/2012.html#72 Chris Dodd's SOPA crusading
https://www.garlic.com/~lynn/2012b.html#95 Bank of America Fined $1 Billion for Mortgage Fraud
https://www.garlic.com/~lynn/2012c.html#5 Too big not to fail
https://www.garlic.com/~lynn/2012c.html#31 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#46 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#5 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#12 Gordon Gekko Says
https://www.garlic.com/~lynn/2012d.html#13 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#16 IBM cuts more than 1,000 U.S. Workers
https://www.garlic.com/~lynn/2012e.html#57 speculation
https://www.garlic.com/~lynn/2012f.html#20 For He's a Jolly Good Scoundrel: On Sanford Weill
https://www.garlic.com/~lynn/2012g.html#20 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#28 REPEAL OF GLASS-STEAGALL DID NOT CAUSE THE FINANCIAL CRISIS - WHAT DO YOU THINK?
https://www.garlic.com/~lynn/2012g.html#59 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
https://www.garlic.com/~lynn/2012g.html#67 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#76 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#77 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#78 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#82 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012g.html#87 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#36 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#45 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#82 Interesting News Article
https://www.garlic.com/~lynn/2012i.html#94 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012k.html#31 History--punched card transmission over telegraph lines
https://www.garlic.com/~lynn/2012k.html#38 Four Signs Your Awesome Investment May Actually Be A Ponzi Scheme
https://www.garlic.com/~lynn/2012k.html#45 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?

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

General Mills computer

From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Wed, 26 Sep 2012 17:39:52 -0400
Ahem A Rivet's Shot <steveo@eircom.net> writes:
I know I've been seeing this more and more often - but from you Lynn ??? Is this really becoming standard American spelling ?

re:
https://www.garlic.com/~lynn/2012m.html#46 General Mills computer

documented in extensive detail in stanford phd study.

i was blamed for online computer conferencing on the internal network (larger than arpanet from just about the beginning until possibly late '85 or early '86) during the late 70s & early 80s. folklore is that when executive committee was told about online computer conferencing (and the internal network), 5of6 wanted to fire me.

somewhat as a result a researcher was paid to sit in back of my office for 9 months, take notes on my face-to-face & telephone conversations, attend meetings with me (taking notes), and got copies of all my incoming and outgoing email as well as logs of all incoming/outgoing instant messages. the result was research report, stanford phd (joint between language and computer ai) and several papers and books.

the researcher had previous professional experience as ESL (english as second language) teacher ... and claimed that I had characteristics of non-native english speaker (although i was born in US and wasn't exposed to non-english until in high school foreign language classes) ... as well as no punctuation and poor spelling. other random tidbit, I averaged email communication with 270+ different people per week for the 9month period.

misc. past posts mentioning computer mediated communication
https://www.garlic.com/~lynn/subnetwork.html#cmc

old book reference:
https://www.amazon.com/Knowledge-Machines-Language-Information-Technological/dp/0582071313

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

General Mills computer

Refed: **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Thu, 27 Sep 2012 10:08:02 -0400
Morten Reistad <first@last.name> writes:
The Scandinavian and dutch bank rescues in the 1990s and the 1970s respectvely did this. Guess what; it worked. The insurer got almost all their funds back. (They recovered all of the capital, but had low interests for the 2-12 years it took them to sort it out and refloat the companies.

as I've referenced a number of times ... from "Confidence Men"
https://www.amazon.com/Confidence-Men-Washington-Education-ebook/dp/B0089LOKKS/

the economic "A-team" helped get the president elected ... but in the choice between "japan-or-sweden" solution, there were going to choose "sweden" ... but they were also going to hold those on wallstreet accountable ... the president then appoints the "B-team" (many who participated in the bubble and were not going to hold those accountable).

related post
https://www.garlic.com/~lynn/2012.html#21 Zombie Banks

Zombie Banks: How Broken Banks and Debtor Nations Are Crippling the Global Economy
https://www.amazon.com/Zombie-Banks-Crippling-Bloomberg-ebook/dp/B0060IWMNY

mentions that Sheila Bair's intro saying that the gov. chose the "Japan" zombie bank solution

misc. other recent posts mentioning "Confidence Men" and/or Sheila Bair
https://www.garlic.com/~lynn/2012d.html#25 PC industry is heading for more change
https://www.garlic.com/~lynn/2012g.html#61 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
https://www.garlic.com/~lynn/2012h.html#5 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#25 US economic update. Everything that follows is a result of what you see here
https://www.garlic.com/~lynn/2012h.html#26 US economic update. Everything that follows is a result of what you see here
https://www.garlic.com/~lynn/2012h.html#37 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#58 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012m.html#57 General Mills computer
https://www.garlic.com/~lynn/2012m.html#58 General Mills computer

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

Another Light goes out

From: lynn@GARLIC.COM (Anne & Lynn Wheeler)
Subject: Re: Another Light goes out
Newsgroups: bit.listserv.ibm-main
Date: 27 Sep 2012 07:19:56 -0700
R.Skorupka@BREMULTIBANK.COM.PL (R.S.) writes:
Excuse me, what is misleading? It's obviousm that .NET framework work on Windows operating system and the windows is not free of charge. However you can have Windows (for money) and get the framework with no additional cost. That means it's FREE OF CHARGE. For example MS SQL or HIS are not free of charge - they need paid Windows, but they cost money.

Similar scenarios can be found in z/OS world (free Java SDK, TEMS, Ported Tools, XML Toolkit, paid RACF, DFSORT, RMM, HSM). Everybody understand that free XML Toolkit will not work without paid z/OS.


this recent post
https://www.garlic.com/~lynn/2012m.html#47 Official current definition of MVS

discusses IBM's original 23jun69 unbundling announcement ... starting to charge for application software, but making the case that kernel software would still be free. then after the demise of FS, the rise of the clone processors, etc ... there was decision to start charging for kernel software. Part of the transition was that base existing kernel was still free, new hardwared/device support would be free, and free stuff could not have preregisite on charged-for-stuff.

The resulted in big problem when the decision was made to finally release vm370 multiprocessor support (hardware stuff so needed to be part of free base). the problem was that much of the software had already been included in my charged-for resource manager (lots of restructuring enabler for multiprocessor operation ... but not the actual direct hardware support).

misc. past posts mentioning unbundling and starting to charge for software
https://www.garlic.com/~lynn/submain.html#unbundle

misc. past posts mentioning my resource manager
https://www.garlic.com/~lynn/subtopic.html#fairshare

misc. past posts mentioning FS effort
https://www.garlic.com/~lynn/submain.html#futuresys

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

General Mills computer

Refed: **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Thu, 27 Sep 2012 17:42:10 -0400
Anne & Lynn Wheeler <lynn@garlic.com> writes:
various items at the time listed him as co-chairman of Citi. Since the crash there seems to have been efforts to downplay Rubins role at Citi during the period that Citi played one of the most prominent too-big-to-fail roles in the economic mess

re:
https://www.garlic.com/~lynn/2012m.html#58 General Mills computer
https://www.garlic.com/~lynn/2012m.html#59 General Mills computer
https://www.garlic.com/~lynn/2012m.html#61 General Mills computer

Geithner under attack for "protecting" Citi
http://www.ft.com/cms/s/0/340acb6e-0756-11e2-b148-00144feabdc0.html

from above
Ultimately, she says, Mr Geithner did not want Mr Pandit to be replaced. Ms Bair attributes the decision to his close relationship with Robert Rubin, the former Treasury secretary who had served as Citi's chairman.

... snip ...

the take-over of Citi violated Glass-Steagall but Greenspan give Citi an exemption while the new chairman lobbied washington ... including Rubin, then sec. of treasury (and former co-chairman of Goldman-Sachs, part of reference to treasury being Goldman-Sachs branch office in washington) ... after GLBA passes (repeal of Glass-Steagall), Rubin resigns and is hired by Citi.

also from the article:
Ms Bair also alleged that Mr Geithner and other senior officials in the Obama administration were not concerned with helping distressed homeowners. She said Mr Geithner fought reform proposals championed by her and her allies because he wanted to protect Wall Street groups.

... snip ...

other recent posts mentioning Glass-Steagall:
https://www.garlic.com/~lynn/2012.html#0 Revolution Through Banking?
https://www.garlic.com/~lynn/2012.html#25 You may ask yourself, well, how did I get here?
https://www.garlic.com/~lynn/2012b.html#16 Interview of Mr. John Reed regarding banking fixing the game
https://www.garlic.com/~lynn/2012c.html#32 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#52 PC industry is heading for more change
https://www.garlic.com/~lynn/2012c.html#54 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#5 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#68 Memory versus processor speed
https://www.garlic.com/~lynn/2012e.html#1 The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
https://www.garlic.com/~lynn/2012e.html#16 Wonder if they know how Boydian they are?
https://www.garlic.com/~lynn/2012e.html#30 Senators Who Voted Against Ending Big Oil Tax Breaks Received Millions From Big Oil
https://www.garlic.com/~lynn/2012e.html#41 Why Are the Fed and SEC Keeping Wall Street's Secrets?
https://www.garlic.com/~lynn/2012f.html#31 Rome speaks to us. Their example can inspire us to avoid their fate
https://www.garlic.com/~lynn/2012f.html#71 When Mobile Telecommunications Routes Become Banks
https://www.garlic.com/~lynn/2012f.html#75 Fed Report: Mortgage Mess NOT an Inside Job
https://www.garlic.com/~lynn/2012g.html#9 JPM LOSES $2 BILLION USD!
https://www.garlic.com/~lynn/2012g.html#12 JPM LOSES $2 BILLION USD!
https://www.garlic.com/~lynn/2012g.html#16 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#20 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#28 REPEAL OF GLASS-STEAGALL DID NOT CAUSE THE FINANCIAL CRISIS - WHAT DO YOU THINK?
https://www.garlic.com/~lynn/2012g.html#56 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
https://www.garlic.com/~lynn/2012g.html#59 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
https://www.garlic.com/~lynn/2012g.html#82 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012g.html#84 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#87 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#25 US economic update. Everything that follows is a result of what you see here
https://www.garlic.com/~lynn/2012h.html#36 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#45 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#55 The Invention of Email
https://www.garlic.com/~lynn/2012h.html#82 Interesting News Article
https://www.garlic.com/~lynn/2012i.html#25 Can anybody give me a clear idea about Cloud Computing in MAINFRAME ?
https://www.garlic.com/~lynn/2012i.html#30 US Senate proposes national data breach notification act
https://www.garlic.com/~lynn/2012i.html#35 US Senate proposes national data breach notification act
https://www.garlic.com/~lynn/2012i.html#86 Should the IBM approach be given a chance to fix the health care system?
https://www.garlic.com/~lynn/2012j.html#28 Why Asian companies struggle to manage global workers
https://www.garlic.com/~lynn/2012j.html#47 Yahoo Password Breach: 7 Lessons Learned - Security - Attacks/breaches - Informationweek
https://www.garlic.com/~lynn/2012j.html#56 Failing Gracefully
https://www.garlic.com/~lynn/2012k.html#7 Is there a connection between your strategic and tactical assertions?
https://www.garlic.com/~lynn/2012k.html#9 Sandy Weill's About-Face on Big Banks
https://www.garlic.com/~lynn/2012k.html#12 The Secret Consensus Among Economists
https://www.garlic.com/~lynn/2012k.html#13 Is there a connection between your strategic and tactical assertions?
https://www.garlic.com/~lynn/2012k.html#31 History--punched card transmission over telegraph lines
https://www.garlic.com/~lynn/2012k.html#75 What's the bigger risk, retiring too soon, or too late?
https://www.garlic.com/~lynn/2012l.html#60 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012l.html#62 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012l.html#63 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012m.html#12 Does the IBM System z Mainframe rely on Security by Obscurity or is it Secure by Design

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

Guest Post: Beakley on Boyd, Aerial Combat and the OODA-Loop

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: lynn@garlic.com (Lynn Wheeler)
Date: 27 Sep, 2012
Subject: Guest Post: Beakley on Boyd, Aerial Combat and the OODA-Loop
Blog: zenpundit.com
Guest Post: Beakley on Boyd, Aerial Combat and the OODA-Loop
http://zenpundit.com/?p=3621

Spinney's time article from early 80s (gone behind paywall but mostly lives free at wayback machine, except for some reason pg8)
https://web.archive.org/web/20070320170523/http://www.time.com/time/magazine/article/0,9171,953733,00.html
also
https://content.time.com/time/magazine/article/0,9171,953733,00.html

one of my co-workers managed to get spinney's phone number and called him to talk about the article, spinney suggested he call boyd. he talked to boyd for some time and then my co-worker con'ed me into sponsoring boyd's briefings at ibm. i felt some affinity for boyd's OODA-loop paradigm having done dynamic adaptive (feedback) computer resource management as an undergraduate in the 60s (which was picked up and shipped in commercial products) ... it had to deal with lots of anomolous, unpredictable, and spontaneous activity. As undergraduate, I also got sucked into doing various kinds of security features, attempting to anticipate numerous kinds of attacks and provide countermeasures. The vendor would periodically suggest stuff for me to look at ... in retrospect, some of the suggestions may have originated from this customer set (which I didn't learn about until much later) ... gone 404, but lives on at wayback machine
https://web.archive.org/web/20090117083033/http://www.nsa.gov/research/selinux/list-archive/0409/8362.shtml

Much of current computer security has gotten into providing never ending flow of frequent updates as a business model and keeping the money flowing ... as opposed to eliminating numerous fundamental structural flaws (analogous to spinney's theme of "perpetual wars" and MICC business model strategy for keeping the money flowing).

Boyd would reference both finger-feel (fingerspitzengefuhl) and observing and instantly realizing (coup d'oeil) from having deep experience and instinctively being able to do the orientation/decide phases. There have been some discussion of this within the context of "Thinking Fast and Slow". One of Boyd's stories was US pilot being confronted with five migs and at same point in the maneuvers, all six pilots simultaneously realized that the US pilot was about to shoot down all five migs ... as if it was chess game and the moves were going to happen regardless of who did what.

misc. past posts and/or references mentioning boyd
https://www.garlic.com/~lynn/subboyd.html

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Fri, 28 Sep 2012 10:25:02 -0400
Walter Banks <walter@bytecraft.com> writes:
For a decade the US has been operating in a trickle down economy mode. The results are in. The economic recovery funding wound up staying with those who were expected to create jobs with it. It simply didn't work.

repeated from earlier in the thread:
https://www.garlic.com/~lynn/2012m.html#39 General Mills computer

picture of last 30years ... showing shift occurring around 1980
http://johnhively.wordpress.com/2012/08/31/3107/
and
http://globalguerrillas.typepad.com/globalguerrillas/2011/10/journal-why-the-us-middle-class-is-broken.html
from here:
http://www.nytimes.com/imagepages/2011/09/04/opinion/04reich-graphic.html
part of this article
http://www.nytimes.com/2011/09/04/opinion/sunday/jobs-will-follow-a-strengthening-of-the-middle-class.html

....

addtional references:
http://fabiusmaximus.com/2012/09/27/liscio-income-inequality-research-polls43607/
http://tlrii.typepad.com/theliscioreport/2012/03/recent-work-on-income-disparity.html

part of masking the flat-lining of worker compensation was increasing two-earner families ... but that doesn't mask the per worker earnings and/or the explosion in the ratio of executive compensation to worker compensation ... after having been 20:1 for a long time (and 10:1 in much of the rest of the world) it went to 400:1 (and various claims that it peaked 1000:1 during the last decade).

part of publicity masking what was happening were claims that it was necessary to maintain global competitiveness ... but that doesn't negate that enormous savings in worker compensation went into executive pockets (and/or financial manipulation).

past posts mentioning 400:1
https://www.garlic.com/~lynn/2008i.html#73 Should The CEO Have the Lowest Pay In Senior Management?
https://www.garlic.com/~lynn/2008j.html#24 To: Graymouse -- Ireland and the EU, What in the H... is all this about?
https://www.garlic.com/~lynn/2008j.html#76 lack of information accuracy
https://www.garlic.com/~lynn/2008k.html#71 Cormpany sponsored insurance
https://www.garlic.com/~lynn/2008m.html#25 Taxes
https://www.garlic.com/~lynn/2008m.html#33 Taxes
https://www.garlic.com/~lynn/2008m.html#53 Are family businesses unfair competition?
https://www.garlic.com/~lynn/2008m.html#93 What do you think are the top characteristics of a good/effective leader in an organization? Do you feel these characteristics are learned or innate to an individual?
https://www.garlic.com/~lynn/2008n.html#2 Blinkylights
https://www.garlic.com/~lynn/2008n.html#58 Traditional Approach Won't Take Businesses Far Places
https://www.garlic.com/~lynn/2008q.html#14 realtors (and GM, too!)
https://www.garlic.com/~lynn/2008q.html#17 realtors (and GM, too!)
https://www.garlic.com/~lynn/2008r.html#61 The vanishing CEO bonus
https://www.garlic.com/~lynn/2008s.html#5 Greed - If greed was the cause of the global meltdown then why does the biz community appoint those who so easily succumb to its temptations?
https://www.garlic.com/~lynn/2008s.html#41 Executive pay: time for a trim?
https://www.garlic.com/~lynn/2008s.html#44 Executive pay: time for a trim?
https://www.garlic.com/~lynn/2009.html#50 Greed Is
https://www.garlic.com/~lynn/2009.html#80 Are reckless risks a natural fallout of "excessive" executive compensation ?
https://www.garlic.com/~lynn/2009b.html#25 The recently revealed excesses of John Thain, the former CEO of Merrill Lynch, while the firm was receiving $25 Billion in TARP funds makes me sick
https://www.garlic.com/~lynn/2009b.html#41 The subject is authoritarian tendencies in corporate management, and how they are related to political culture
https://www.garlic.com/~lynn/2009d.html#3 Congress Set to Approve Pay Cap of $500,000
https://www.garlic.com/~lynn/2009e.html#73 Most 'leaders' do not 'lead' and the majority of 'managers' do not 'manage'. Why is this?
https://www.garlic.com/~lynn/2009f.html#2 CEO pay sinks - Wall Street Journal/Hay Group survey results just released
https://www.garlic.com/~lynn/2009g.html#44 What TARP means for the future of executive pay
https://www.garlic.com/~lynn/2009o.html#37 Young Developers Get Old Mainframers' Jobs
https://www.garlic.com/~lynn/2009p.html#48 Opinions on the 'Unix Haters' Handbook
https://www.garlic.com/~lynn/2010d.html#8 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010e.html#39 Agile Workforce
https://www.garlic.com/~lynn/2010f.html#33 The 2010 Census
https://www.garlic.com/~lynn/2010m.html#62 Dodd-Frank Act Makes CEO-Worker Pay Gap Subject to Disclosure
https://www.garlic.com/~lynn/2010m.html#67 Idiotic programming style edicts
https://www.garlic.com/~lynn/2010o.html#22 60 Minutes News Report:Unemployed for over 99 weeks!
https://www.garlic.com/~lynn/2010o.html#59 They always think we don't understand
https://www.garlic.com/~lynn/2010o.html#66 They always think we don't understand
https://www.garlic.com/~lynn/2010o.html#71 They always think we don't understand
https://www.garlic.com/~lynn/2010p.html#10 OODA in highly stochastic environments
https://www.garlic.com/~lynn/2011.html#80 Chinese and Indian Entrepreneurs Are Eating America's Lunch
https://www.garlic.com/~lynn/2011b.html#53 Productivity And Bubbles
https://www.garlic.com/~lynn/2011g.html#13 The Seven Habits of Pointy-Haired Bosses
https://www.garlic.com/~lynn/2011j.html#69 Who was the Greatest IBM President and CEO of the last century?
https://www.garlic.com/~lynn/2011l.html#28 computer bootlaces
https://www.garlic.com/~lynn/2011p.html#147 The Myth of Work-Life Balance
https://www.garlic.com/~lynn/2012.html#25 You may ask yourself, well, how did I get here?
https://www.garlic.com/~lynn/2012.html#26 What's your favorite quote on "accountability"?
https://www.garlic.com/~lynn/2012b.html#12 Sun Tzu, Boyd, strategy and extensions of same
https://www.garlic.com/~lynn/2012b.html#19 "Buffett Tax" and truth in numbers
https://www.garlic.com/~lynn/2012b.html#26 Strategy subsumes culture
https://www.garlic.com/~lynn/2012b.html#31 PC industry is heading for more change
https://www.garlic.com/~lynn/2012b.html#43 Where are all the old tech workers?
https://www.garlic.com/~lynn/2012b.html#44 What's the most interesting thing you do in your non-work life?
https://www.garlic.com/~lynn/2012b.html#90 IBM Doing Some Restructuring?
https://www.garlic.com/~lynn/2012d.html#16 IBM cuts more than 1,000 U.S. Workers
https://www.garlic.com/~lynn/2012e.html#91 The Fractal Organization: Creating sustainable organizations with the Viable System Model
https://www.garlic.com/~lynn/2012f.html#77 Vampire Squid
https://www.garlic.com/~lynn/2012g.html#73 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#81 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#84 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#3 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#31 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012h.html#32 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#41 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012k.html#36 Race Against the Machine
https://www.garlic.com/~lynn/2012k.html#40 Core characteristics of resilience
https://www.garlic.com/~lynn/2012k.html#87 Cultural attitudes towards failure

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Fri, 28 Sep 2012 11:19:43 -0400
EHRs: A Catalyst for Billing Fraud? Providers, Regulators Need To Address Issue Together
http://www.healthcareinfosecurity.com/blogs/ehrs-catalyst-for-billing-fraud-p-1365

from above:
But this week, the Department of Health and Human Services and the U.S Justice Department sent a letter to five medical trade associations warning that the government will prosecute healthcare providers who "game" the system by using EHRs to submit fraudulent bills. That includes "upcoding," or exaggerating the kind of care they give patients, as well as "cloning" digital records to submit falsely documented bills for multiple patients.

... snip ...

I've mentioned in the past that one of the most valuable recruiting at medical institutions were coders ... i.e. people that could upcode (pick-out highest paid code for procedure) w/o getting penalized.

past posts mentioning medicare/medicaid fraud
https://www.garlic.com/~lynn/2009o.html#71 "Rat Your Boss" or "Rats to Riches," the New SEC
https://www.garlic.com/~lynn/2010f.html#46 not even sort of about The 2010 Census
https://www.garlic.com/~lynn/2010o.html#37 WHAT, WHY AND HOW - FRAUD, IMPACT OF AUDIT
https://www.garlic.com/~lynn/2011i.html#12 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#20 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#31 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#33 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011j.html#40 Advice from Richard P. Feynman
https://www.garlic.com/~lynn/2011n.html#57 The Mortgage Crisis---Some Inside Views
https://www.garlic.com/~lynn/2011p.html#137 The High Cost of Failing Artificial Hips
https://www.garlic.com/~lynn/2012h.html#5 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#69 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#41 Lawmakers reworked financial portfolios after talks with Fed, Treasury officials
https://www.garlic.com/~lynn/2012i.html#81 Should the IBM approach be given a chance to fix the health care system?
https://www.garlic.com/~lynn/2012i.html#86 Should the IBM approach be given a chance to fix the health care system?
https://www.garlic.com/~lynn/2012k.html#37 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?
https://www.garlic.com/~lynn/2012k.html#74 Unthinkable, Predictable Disasters
https://www.garlic.com/~lynn/2012l.html#85 Singer Cartons of Punch Cards

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

How do you feel about the fact that today India has more IBM employees than any of the other countries in the world including the USA.?

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: lynn@garlic.com (Lynn Wheeler)
Date: 28 Sep, 2012
Subject: How do you feel about the fact that today India has more IBM employees than any of the other countries in the world including the USA.?
Blog: IBMers
x-over from "Enterprise Systems" touting mainframe software revenue:

Still think the mainframe is going away soon: Think again. IBM mainframe computer sales are 4% of IBM's revenue; with software, services, and storage it's 25%. But it's 40% of IBM's profits!
http://lnkd.in/mjYX6H
and
https://www.garlic.com/~lynn/2012m.html#31 Still think the mainframe is going away soon: Think again. IBM mainframe computer sales are 4% of IBM's revenue; with software, services, and storage it's 25%

I mentioned that max'ed out 80 processor z196 mainframe goes for $28M and is rated at 50BIPS ... but the above indicates total ratio cost to customers of 25/4 times the mainframe costs ... or $28M*25/4 = $175M ... or $3.5M/BIPS.

By comparison IBM has a base price of $1815 for a e5-2600 blade that have ratings of 527BIPS or $3.44/BIPS.

In separate ibm-main mailing list discussion about FICON and z196 I/O capacity there are IBM publications that max z196 hits 2m IOPS with 104 FICON channels and 14 storage subsystems. Details are that z196 system assist processors peak at 2.2M SSCH/sec all running 100% busy ... but recommendations are to keep SAPs at 70% or less ... aka 1.5M SSCH/sec. FICON is an IBM defined layer on top of fibre channel standard ... and recent press is that there is a (single) fibre channel available for e5-2600 capable of over 1M IOPS (aka the IBM FICON layer introduces significant inefficiencies and overhead compared to underlying fibre channel throughput).
https://www.garlic.com/~lynn/2012m.html#4 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#43 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee

past posts in this thread:
https://www.garlic.com/~lynn/2012f.html#84 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012f.html#87 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012f.html#90 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012f.html#92 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012f.html#95 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012g.html#82 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012h.html#2 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012h.html#12 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012h.html#18 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012h.html#31 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012h.html#46 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012i.html#68 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012k.html#63 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012k.html#65 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012k.html#71 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012m.html#23 How do you feel about the fact that today India has more IBM employees than any of the other countries in the world including the USA.?

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

General Mills computer

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From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Fri, 28 Sep 2012 16:50:50 -0400
jmfbahciv <See.above@aol.com> writes:
Or it's not forgetting what problems happened, why they happened, and how they got fixed.

Note that I owned that house for almost 40 years. that means that the title search, which had to happen when it got sold, had not been done on that property since I bought it.

If you want a computer term, it's called data degradation. You know that data not accessed for decades will be gone or so mangled that it's useless.


... possibly more than you ever wanted to know

Quelle Surprise! Mortgage Settlement Monitor Advocates Going Easy on Servicers Since We Don't Dare Ask Them to Spend Money to Meet Their Contractual Obligations
http://www.nakedcapitalism.com/2012/09/quelle-surprise-mortgage-settlement-monitor-advocates-going-easy-on-servicers-since-we-dont-dare-ask-them-to-spend-money-to-meet-their-contractual-obligations.html

from above:
For instance, if you believe in the rule of law, a wrongful foreclosure should be absolutely impermissible. But the regulators have now decided that banks can screw up 1% of the time and they'll let it slide, the poor wronged homeowner will have to fight that uphill battle all on his own. To put that in practical terms, that means the authorities deem 33,000 wrongful foreclosures since 2008 to be a perfectly acceptable level of theft. Read her post "The Mortgage Settlement Lets Banks Systematically Overcharge You and Wrongly Take Your Home. for more ugly details"

.... snip ... and
The settlement also does squat to stop document fraud. Her bottom line: "The mortgage settlement signed by 49 states and every Federal law enforcer allows the rampant foreclosure fraud currently choking our courts to continue unabated."

... snip ... from

Abigail Field: Mortgage Settlement Institutionalizes Foreclosure Fraud
http://www.nakedcapitalism.com/2012/03/abigail-field-mortgage-settlement-institutionalizes-foreclosure-fraud.html

misc. past posts mentioning mortgage/foreclsure fraud
https://www.garlic.com/~lynn/2012d.html#10 PC industry is heading for more change
https://www.garlic.com/~lynn/2012i.html#13 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012l.html#68 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012m.html#55 General Mills computer
https://www.garlic.com/~lynn/2012m.html#58 General Mills computer

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

General Mills computer

Refed: **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Fri, 28 Sep 2012 21:40:31 -0400
Anne & Lynn Wheeler <lynn@garlic.com> writes:
Federal Reserve's 'astounding' report: We loaned banks trillions; The Federal Reserve offers details on the loans it gave to banks and others at the height of the financial crisis. One program alone doled out nearly $9 trillion.
http://www.csmonitor.com/USA/2010/1201/Federal-Reserve-s-astounding-report-We-loaned-banks-trillions


re:
https://www.garlic.com/~lynn/2012m.html#50 General Mills computer

misc. other references to the Federal Reserve activity

Opportunities Exist to Strengthen Policies and Processes for Managing Emergency Assistance GAO-11-696
http://www.gao.gov/products/GAO-11-696

Audit: Fed gave $16 trillion in emergency loans
http://www.rawstory.com/rs/2011/07/21/audit-fed-gave-16-trillion-in-emergency-loans/

The Fed's $16 Trillion Bailouts Under-reported
http://www.forbes.com/sites/traceygreenstein/2011/09/20/the-feds-16-trillion-bailouts-under-reported/

Secret Fed Loans Gave Banks $13 Billion Undisclosed to Congress
http://www.bloomberg.com/news/2011-11-28/secret-fed-loans-undisclosed-to-congress-gave-banks-13-billion-in-income.html

from above:
The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.

... snip ...

Secrets of the Bailout, Now Told
http://www.nytimes.com/2011/12/04/business/secrets-of-the-bailout-now-revealed.html

Breakdown of the $26 Trillion the Federal Reserve Handed Out to Save Incompetent, but Rich Investors
http://johnhively.wordpress.com/2011/12/05/breakdown-of-the-26-trillion-the-federal-reserve-handed-out-to-save-rich-incompetent-investors-but-who-purchase-political-power/

from above:
The Fed was out to save wealthy investors. If they hadn't, a lot of rich people would be applying for jobs at Seven-Eleven. A ton of political campaign money would have dried up. A lot of money that corrupts the political system would be gone. A ton of corruption would have died. Goldman Sachs would've disappeared into bankruptcy. So while saving rich investors from their own stupidity, the Fed was also ensuring the continued corruption of the corporate wing of the supreme court, congress and the presidency.

... snip ...

Federal Reserve Board Members Gave Their Own Banks $4 Trillion in Bailouts
http://www.againstcronycapitalism.org/2012/06/federal-reserve-board-members-gave-their-own-banks-4-trillion-bailouts/

past posts mentioning various of the above:
https://www.garlic.com/~lynn/2010p.html#17 What banking is. (Essential for predicting the end of finance as we know it.)
https://www.garlic.com/~lynn/2010p.html#23 They always think we don't understand
https://www.garlic.com/~lynn/2010p.html#46 TCM's Moguls documentary series
https://www.garlic.com/~lynn/2010q.html#58 Programmer Charged with thieft (maybe off topic)
https://www.garlic.com/~lynn/2010q.html#66 Ernst & Young sued for fraud over Lehman
https://www.garlic.com/~lynn/2011.html#48 What do you think about fraud prevention in the governments?
https://www.garlic.com/~lynn/2011b.html#45 Productivity And Bubbles
https://www.garlic.com/~lynn/2011j.html#3 Greed, Excess and America's Gaping Class Divide
https://www.garlic.com/~lynn/2011j.html#11 Innovation and iconoclasm
https://www.garlic.com/~lynn/2011j.html#39 Advice from Richard P. Feynman
https://www.garlic.com/~lynn/2011k.html#4 Geithner, Bernanke have little in arsenal to fight new crisis
https://www.garlic.com/~lynn/2011k.html#23 Wall Street Aristocracy Got $1.2 Trillion in Fed's Secret Loans
https://www.garlic.com/~lynn/2011l.html#73 computer bootlaces
https://www.garlic.com/~lynn/2011n.html#49 The men who crashed the world
https://www.garlic.com/~lynn/2011n.html#57 The Mortgage Crisis---Some Inside Views
https://www.garlic.com/~lynn/2011o.html#37 Civilization, doomed?
https://www.garlic.com/~lynn/2011o.html#74 The Wall Street Pentagon Papers: Biggest Scam In World History Exposed: Are The Federal Reserve's Crimes Too Big To Comprehend?
https://www.garlic.com/~lynn/2011o.html#77 How Pursuit of Profits Kills Innovation and the U.S. Economy
https://www.garlic.com/~lynn/2011o.html#93 The men who crashed the world
https://www.garlic.com/~lynn/2011p.html#3 The Obama Spending Non-surge
https://www.garlic.com/~lynn/2011p.html#7 FDR explains one dimension of our problem: bankers own the government
https://www.garlic.com/~lynn/2011p.html#30 21st Century Management approach?
https://www.garlic.com/~lynn/2011p.html#34 21st Century Management approach?
https://www.garlic.com/~lynn/2011p.html#63 21st Century Management approach?
https://www.garlic.com/~lynn/2012c.html#32 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#45 Fannie, Freddie Charge Taxpayers For Legal Bills
https://www.garlic.com/~lynn/2012c.html#46 PC industry is heading for more change
https://www.garlic.com/~lynn/2012c.html#55 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#45 Banks Repaid Fed Bailout With Other Fed Money: Government Report
https://www.garlic.com/~lynn/2012h.html#26 US economic update. Everything that follows is a result of what you see here
https://www.garlic.com/~lynn/2012i.html#14 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012j.html#65 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012k.html#16 Breakdown of the $26 Trillion the Federal Reserve Handed Out to Save Incompetent, but Rich Investors

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

Long Strange Journey: An Intelligence Memoir

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From: lynn@garlic.com (Lynn Wheeler)
Date: 28 Sep, 2012
Subject: Long Strange Journey: An Intelligence Memoir
Blog: Facebook
Long Strange Journey: An Intelligence Memoir
https://www.amazon.com/Long-Strange-Journey-Intelligence-ebook/dp/B004NNV5H2

recommend from General Mike Flynn on Intelligence -- Earnest Advance or Better Kool-Aid?
http://www.phibetaiota.net/2012/09/mini-me-general-mike-flynn-on-intelligence-our-kool-aid-is-the-best/

The description of meeting with General Landry I can especially relate to having been in a few similar interviews ... in totally different business (in final executive interview when I was leaving, the comment was they could have forgiven me for being wrong, but they were never going to forgive me for being right).

I once visited Eddington's place of work, it was a friday and they gave us two sheets of paper ... one explained not to drink any tap water since the DC water system was contaminated and the other advised leaving before 3pm (the explanation was the weekend before there had been incident between the police and gangs at the bar on the opposite corner and the gangs were declaring war on the police and were to start shooting later that day).

for a little drift ... also referenced in the blog:
http://www.phibetaiota.net/1989/07/general-al-gray-on-global-intelligence-challenges-1989/

misc. past posts mentioning executive exit interview comment about never forgiving for being right
https://www.garlic.com/~lynn/2002k.html#61 arrogance metrics (Benoits) was: general networking
https://www.garlic.com/~lynn/2002q.html#16 cost of crossing kernel/user boundary
https://www.garlic.com/~lynn/2003i.html#71 Offshore IT
https://www.garlic.com/~lynn/2004k.html#14 I am an ageing techy, expert on everything. Let me explain the
https://www.garlic.com/~lynn/2007.html#26 MS to world: Stop sending money, we have enough - was Re: Most ... can't run Vista
https://www.garlic.com/~lynn/2007e.html#48 time spent/day on a computer
https://www.garlic.com/~lynn/2007k.html#3 IBM Unionization
https://www.garlic.com/~lynn/2007r.html#6 The history of Structure capabilities
https://www.garlic.com/~lynn/2008c.html#34 was: 1975 movie "Three Days of the Condor" tech stuff
https://www.garlic.com/~lynn/2008m.html#30 Taxes
https://www.garlic.com/~lynn/2008m.html#41 IBM--disposition of clock business
https://www.garlic.com/~lynn/2009e.html#27 Microminiaturized Modules
https://www.garlic.com/~lynn/2009g.html#56 Old-school programming techniques you probably don't miss
https://www.garlic.com/~lynn/2009h.html#74 My Vintage Dream PC
https://www.garlic.com/~lynn/2009k.html#73 And, 40 years of IBM midrange
https://www.garlic.com/~lynn/2009p.html#34 big iron mainframe vs. x86 servers
https://www.garlic.com/~lynn/2009r.html#6 Have you ever though about taking a sabbatical?
https://www.garlic.com/~lynn/2009r.html#50 "Portable" data centers
https://www.garlic.com/~lynn/2010b.html#38 Happy DEC-10 Day
https://www.garlic.com/~lynn/2010f.html#20 Would you fight?
https://www.garlic.com/~lynn/2010f.html#58 Handling multicore CPUs; what the competition is thinking
https://www.garlic.com/~lynn/2010o.html#47 origin of 'fields'?
https://www.garlic.com/~lynn/2010o.html#62 They always think we don't understand
https://www.garlic.com/~lynn/2011c.html#20 If IBM Hadn't Bet the Company
https://www.garlic.com/~lynn/2011d.html#3 If IBM Hadn't Bet the Company
https://www.garlic.com/~lynn/2011j.html#60 Who was the Greatest IBM President and CEO of the last century?
https://www.garlic.com/~lynn/2012d.html#40 Strategy subsumes culture
https://www.garlic.com/~lynn/2012i.html#26 Top Ten Reasons Why Large Companies Fail To Keep Their Best Talent
https://www.garlic.com/~lynn/2012k.html#28 How to Stuff a Wild Duck
https://www.garlic.com/~lynn/2012k.html#56 1132 printer history

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virtualization experience starting Jan1968, online at home since Mar1970

General Mills computer

Refed: **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **, - **
From: Anne & Lynn Wheeler <lynn@garlic.com>
Subject: Re: General Mills computer
Newsgroups: alt.folklore.computers
Date: Sat, 29 Sep 2012 10:47:06 -0400
jmfbahciv <See.above@aol.com> writes:
It was going on during the S&L crisis, too. Just because the banks are the center of a similar problems implies the same kind of theft will occur. These types of opportunists are paid very well to figure out ways around each Congressional law they pass.

re:
https://www.garlic.com/~lynn/2012m.html#68 General Mills computer

a big part of the S&L crisis was the president had asked the regulator to significantly reduce the regulatory oversight as well as cut the reserve requirement in half. the regulator refused. He was then told he should resign if he wasn't going to go along with his president's direction. His appointed replacement went along with the president ... aka in the case of the S&L crisis much of it had little to do with what congress did or didn't do.

one of the S&L characterization of the cutting the reserve requirements in half is that it made a lot of S&Ls vulnerable to wallstreet pitches that they could put all those newly freed up reserves into junkbonds. claim is that the majority of money was never found and nothing was done to majority of wallstreet involved.

the other S&L charaterization of the removal of regulation oversight was now nearly anybody could take over an S&L and use it for their own private piggybank ... looting the deposits with fraudulent loans.

this has a longer discussion of the activities during the S&L crisis as well as identifying the replacement S&L regulator that went along with his president's direction.
https://www.amazon.com/Two-Trillion-Dollar-Meltdown-Rollers-ebook/dp/B0097DE7DM/

previous mention of above
https://www.garlic.com/~lynn/2011b.html#59 Productivity And Bubbles

my comment in the above was that the referenced book somewhat deflects responsibility from the president ... laying it on the regulator ... but fails to mention that the first regulator that refused to do what the president asked, had been replaced with somebody that would go along. later the responsible regulator resigns and gets an extremely lucretive position on wallstreet (something that is quite common place ... major players involved in repeal of Glass-Steagall, also the major players in passage of medicare part-d ... but in that case it was the drug industry).

a few other posts referencing Two Trillion Dollar Meltdown book
https://www.garlic.com/~lynn/2010p.html#28 A small amount of Evidence. (In which, the end of banking and the rise of markets is suggested.)
https://www.garlic.com/~lynn/2010p.html#45 TCM's Moguls documentary series
https://www.garlic.com/~lynn/2011g.html#76 The Two Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash
https://www.garlic.com/~lynn/2011k.html#66 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2012i.html#41 Lawmakers reworked financial portfolios after talks with Fed, Treasury officials
https://www.garlic.com/~lynn/2012k.html#89 Auditors Don't Know Squat!

in the case of the Bank Modernerization Act (GLBA and repeal of Glass-Steagall) and the Commoditing Trading Modernization Act ... there is husband and wife ... misc. past references:
https://www.garlic.com/~lynn/2009c.html#39 'WHO IS RESPONSIBLE FOR THE GLOBAL MELTDOWN'
https://www.garlic.com/~lynn/2009c.html#46 How to defeat new telemarketing tactic
https://www.garlic.com/~lynn/2009c.html#48 How to defeat new telemarketing tactic
https://www.garlic.com/~lynn/2009c.html#53 How to defeat new telemarketing tactic
https://www.garlic.com/~lynn/2009c.html#55 Who will give Citigroup the KNOCKOUT blow?
https://www.garlic.com/~lynn/2009c.html#65 is it possible that ALL banks will be nationalized?
https://www.garlic.com/~lynn/2009d.html#10 Who will Survive AIG or Derivative Counterparty Risk?
https://www.garlic.com/~lynn/2009d.html#28 I need insight on the Stock Market
https://www.garlic.com/~lynn/2009d.html#61 Quiz: Evaluate your level of Spreadsheet risk
https://www.garlic.com/~lynn/2009d.html#62 Is Wall Street World's Largest Ponzi Scheme where Madoff is Just a Poster Child?
https://www.garlic.com/~lynn/2009d.html#63 Do bonuses foster unethical conduct?
https://www.garlic.com/~lynn/2009d.html#73 Should Glass-Steagall be reinstated?
https://www.garlic.com/~lynn/2009e.html#0 What is swap in the financial market?
https://www.garlic.com/~lynn/2009e.html#13 Should we fear and hate derivatives?
https://www.garlic.com/~lynn/2009f.html#29 What is the real basis for business mess we are facing today?
https://www.garlic.com/~lynn/2009f.html#51 On whom or what would you place the blame for the sub-prime crisis?
https://www.garlic.com/~lynn/2009g.html#7 Just posted third article about toxic assets in a series on the current financial crisis
https://www.garlic.com/~lynn/2009g.html#33 Treating the Web As an Archive
https://www.garlic.com/~lynn/2009h.html#17 REGULATOR ROLE IN THE LIGHT OF RECENT FINANCIAL SCANDALS
https://www.garlic.com/~lynn/2009i.html#60 In the USA "financial regulator seeks power to curb excess speculation."
https://www.garlic.com/~lynn/2009o.html#84 Opinions on the 'Unix Haters' Handbook'
https://www.garlic.com/~lynn/2009q.html#77 Now is time for banks to replace core system according to Accenture
https://www.garlic.com/~lynn/2010f.html#54 The 2010 Census
https://www.garlic.com/~lynn/2010h.html#28 Our Pecora Moment
https://www.garlic.com/~lynn/2010h.html#67 The Python and the Mongoose: it helps if you know the rules of engagement
https://www.garlic.com/~lynn/2010l.html#38 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010n.html#36 Idiotic programming style edicts
https://www.garlic.com/~lynn/2010q.html#29 Ernst & Young sued for fraud over Lehman
https://www.garlic.com/~lynn/2011f.html#52 Are Americans serious about dealing with money laundering and the drug cartels?
https://www.garlic.com/~lynn/2011j.html#41 Advice from Richard P. Feynman
https://www.garlic.com/~lynn/2011k.html#54 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2011l.html#74 computer bootlaces
https://www.garlic.com/~lynn/2011n.html#41 The men who crashed the world
https://www.garlic.com/~lynn/2012c.html#31 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012d.html#5 PC industry is heading for more change
https://www.garlic.com/~lynn/2012e.html#57 speculation
https://www.garlic.com/~lynn/2012g.html#59 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
https://www.garlic.com/~lynn/2012g.html#77 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012k.html#38 Four Signs Your Awesome Investment May Actually Be A Ponzi Scheme

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virtualization experience starting Jan1968, online at home since Mar1970


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