1994-04-13 - Quants vs Congress

Header Data

From: Duncan Frissell <frissell@panix.com>
To: CYPHERPUNKS@toad.com
Message Hash: b3869d3322053869bcd313e5ddf836b67cb3df721b744c890a13b6862b3f075f
Message ID: <199404131404.AA29334@panix.com>
Reply To: N/A
UTC Datetime: 1994-04-13 14:04:59 UTC
Raw Date: Wed, 13 Apr 94 07:04:59 PDT

Raw message

From: Duncan Frissell <frissell@panix.com>
Date: Wed, 13 Apr 94 07:04:59 PDT
To: CYPHERPUNKS@toad.com
Subject: Quants vs Congress
Message-ID: <199404131404.AA29334@panix.com>
MIME-Version: 1.0
Content-Type: text/plain

Big hearings in Congress today about how evil derivatives and the quants 
who build them are.  They are a threat to government as we know it.  Don't 
tell anyone but the "intermediation of political risk" was one of the 
greatest invention of the 1980s.  Combine same with strong crypto and you 
almost have to feel sorry for the public employees in our midst.  Watch 
out for a little downsizing.  

To show that I'm a charitable guy, I have some free advice to anyone 
reading this who is involved in "taking the King's shilling":  I 
understand that there is a bright future in computer maintenance 
technology.  A word to the wise.... 


"Buddy can you spare an EXPTIME-complete encryption system?"
g' 5O--- WinQwk 2.0b#1165g' 5O