From: Duncan Frissell <frissell@panix.com>
Date: Thu, 25 Jul 1996 23:21:41 +0800
To: cypherpunks@toad.com
Subject: Re: Parsing John Youn (Re: OPS_nuk)
Message-ID: <2.2.32.19960725122659.0069a64c@panix.com>
MIME-Version: 1.0
Content-Type: text/plain


Tim asked for a translation.  I thought it was one of John's more
declarative summaries.  It this case, it's reality that's skewed.  Voila:

>At 3:30 PM 7/24/96, John Young wrote:
>>   The WSJ Page Ones a loser's game

There is an article on the first page of the Wall Street Journal about
financial losses...

>>   about the CIA's role in
>>   promoting Japanese pachinko cards to halt the surreptitious
>>   funneling of betting cash to the construction of a North
>>   Korean nuclear plant. 

The Central Intelligence Agency told the Japanese government that Pachinko
parlors (many run by ethnic Koreans) were sending hard currency to North
Korea which was assisting it in building a plant to produce fissionable
materials.  The Japanese decided to strong arm Pachinko parlors into using
magnetic cards instead of cash to discourage money laundering.  

>>   And the op's nuking by the Kobe quake
>>   looting of card-reading mechanisms, cracking encryption
>>   codes, and counterfeiting not-so-smart cards for counter-
>>   tipping the house fix. Mondex, watcher bleedin arse.

During the Kobe earthquake recovery, a number of Pachinko machines were
stolen, reverse engineered, and fake cards produced.  They were then cashed
in -- causing massive losses to the issuers.  The encryption technology was
very weak.  Mondex watch out that the same thing doesn't happen to you.

DCF

"I've been translating engineers into English for years.  John's no problem."