[Link] FBI: Spies Hid Secret Messages on Public Websites
30 June 2010I think the Russian spies' use of steganography is the most interesting part of this story. Happy to see media outlets starting to look into it.
Archive for link
3 March 2009
Sure, there are probably whittlers who could take a log, go after it with a knife for a couple of days and come back with a fair representation of a bobcat or Jefferson Davis. And yet, it's still whittling.
Music: What Happened? By Michael J. Nelson
Good Bank, Bad Bank; Good Plan, Better Plan
1 February 2009Good Bank, Bad Bank; Good Plan, Better Plan
This is a good spin on the "bad bank" idea. But what I don't understand is why we need a bad bank at all. I thought the whole point of a bad bank would be to enable new capital investment in banks by clearing out their balance sheets. Well, the banks already received the new capital investment -- TARP funds. Why do they need to get the bad assets off of their balance sheets? They've got their new capital. Now, just hang on to the bad assets and liquidate them over the next several years, possibly at a profit -- just like the bad bank would do! What am I missing?
