Well, I contend – after being in this sector of software engineering for hmm 33 years now at age 40, with an early academic start in the field at age 12, that they are not secure. I contend that no criminal is smart. I define crime as that which is disadvantageous to ones community, in that, how smart is it to be disadvantageous to ones community ? I mean, genetically ? humanity relies on itself – psychologically ? we rely on cultures to derive persona, meaning in life – environmentally ? we rely on our communities now to push out toxins that will harm children or people of any age so someone can stash away an extra 8 million in the Caymans, or 8 billion for that matter.

Trust me, being in this sector this long in such a unique circumstance of having met so many people – there ARE the vigilante type – and some of them ? may be far upstream than your ‘local’ yayhoo system administrator or network security specialist – or whatever they want to brand themselves. These people may work at a level where they have free reign to go split backplane, and brute force away on equipment that most people couldn’t afford to rent for an hour. I like to think people that do not have their neighbors or communities interests in mind that use any facet of the internet – who think they are ’successfully protected’ should be prosecuted DOUBLY – that’s not for me to decide, but I’ll say this, WAY before the bush admin had upstream providers take advantage of gigabit split backplane for FISA, people – sometimes for FUN have failed to resist going real time packet signature detection on – oh ? picture 28 OC192’s in front of you, wouldn’t YOU be curious ? ‘just to see’ ? In the world of network vigilante’s – you prioritize the folks going the FURTHEST out of their way – to hide.

If people derive morality via the principal that someone is watching, hey, yay for christianity and islam eh? that ‘god’ is omniscient – darn, there’s that root from conscience in there with omniscient – from the sanksrit to split – but – hey – perhaps people can start to act in better regards not unlike Monte-Carlo where the ‘machine’ watches, instead of the ideological/theological premise that ‘god’ is watching eh ?

“With record losses from the subprime and credit crisis veering towards the $400 bn mark, here come the market police.”

Now now Ms. MacDonald, respectfully, I ask your opinion –

If some people are anti-regulatory on issues at the beginning or during mercantile exchange- how do you think that same crowd fairs on post-regulatory (e.g. FBI, DOJ, thanks to Dodd’s soon more SEC, and thanks to those I’ll leave unnamed, FCC in early 2009, and well – let’s just ‘presume’ the FTC will be there to take pictures) measures to assure ‘free markets’ operate – well – ‘fairly and balanced’ ?

btw – I do have to hand it to you, you were on this story very quickly ! 7:37 AM – sheesh, I have to ask myself what time did they get arrested at their homes this morning, for – you had time to hear about it, AND write this article – WELL done.

You have the earliest accont I’m aware of.

Hats off.

I might suggest a switch over to Paulson’s request for heavier ‘pre-event’ regulation – not that there won’t be plenty of ‘post-event’ prosecution for alleged violations of the public’s trust. The things coming I’m SURE will blow away any VIP treatment from a mortgage company OR bank that was given. It seems no one cares that CW and BoA both have deep favoritism to race, where blacks and latinos have received nearly 1 to 1.5 ratio of high rates on their loans EVEN during the sub prime candy handouts.

Who’s covering THAT story ? I mean, that’s millions of people exploited – and yet ? All the corporate news seems to care about are the senators – sure -hey, report the news, but I’d say the racially derived rates at BoA and CW are worthy of public review in the news, they certainly will be from the public servant perspective.

As with Fox, I’m SURE the FBI has a ‘bigger fish first’ approach to this, before smaller fish start to get caught in the finer nets. Yes, this season, I do believe they’ll be net fishing. (get it ? net ? SSL is NOT secure !)

Seriously though, I’d think Paulson’s regulatory demands as of late would be a good article.

Sheesh, based on how excited he is to implement, he almost ’seems’ guilty himself and his conscience is pulling a 180. Goldman Sachs to be involved, nah…. never ? Bush hand picked Paulson, that’d bring this mess all the way to the front doorstep of the White House.