From: jamesd@echeque.com
Date: Thu, 23 May 1996 18:35:31 +0800
To: cypherpunks@toad.com
Subject: Re: PROTOCOL: Encrypted Open Books
Message-ID: <199605230631.XAA03491@dns2.noc.best.net>
MIME-Version: 1.0
Content-Type: text/plain


At 05:45 PM 5/22/96 -0700, David Wagner wrote:
> a fake account, without a real
>customer, and fakes a transfer into that account, pocketing the
>money that should have gone into that account? 

Then the total indebtedness of the bank will go up, but its total
assets will not.  If the bank does this, then there is no point.

If an employee does this, then the loss will show up on the 
books.
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