From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 29 Jan 2013 Subject: How to Cut Megabanks Down to Size Blog: Financial Crime Risk, Fraud and Securityre:
over in the "More Whistleblower Leaks on Foreclosure Settlement Show
Both Suppression of Evidence and Gross Incompetence" discussion
... there is recent reference to "Too Crooked To Fail"
https://www.garlic.com/~lynn/2013.html#73
What's Inside America's Banks? ; Some four years after the 2008
financial crisis, public trust in banks is as low as ever.
Sophisticated investors describe big banks as "black boxes" that may
still be concealing enormous risks -- the sort that could again take
down the economy. A close investigation of a supposedly conservative
bank's financial records uncovers the reason for these fears -- and
points the way toward urgent reforms.
http://www.theatlantic.com/magazine/archive/2013/01/whats-inside-americas-banks/309196/
from above:
When we asked Ed Trott, a former Financial Accounting Standards Board
member, whether he trusted bank accounting, he said, simply,
"Absolutely not."
... snip ...
Iceland's Lessons on How to Fix a Bank Crisis
http://www.nakedcapitalism.com/2013/01/icelands-lessons-on-how-to-fix-a-bank-crisis.html
The Farce Must Go On: Senate Suddenly Furious With Eric Holder For
Allowing Banks To Become Too Big To Jail
http://www.zerohedge.com/news/2013-01-29/farce-must-go-senate-suddenly-furious-eric-holder-allowing-banks-become-too-big-jail
Sens. Brown, Grassley Press Justice Department On Too Big To Jail
http://www.brown.senate.gov/newsroom/press/release/sens-brown-grassley-press-justice-department-on-too-big-to-jail
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 29 Jan 2013 Subject: Libor Lies Revealed in Rigging of $300 Trillion Benchmark Blog: Google+re:
Libor Lies Revealed in Rigging of $300 Trillion Benchmark
http://www.bloomberg.com/news/2013-01-28/libor-lies-revealed-in-rigging-of-300-trillion-benchmark.html
US Justice Department is targeting RBS over Libor to fight off its
critics
http://www.independent.co.uk/news/business/comment/james-moore-us-justice-department-is-targeting-rbs-over-libor-to-fight-off-its-critics-8471951.html
RBS pushed to accept criminal charge on Libor
http://www.scotsman.com/business/finance/rbs-pushed-to-accept-criminal-charge-on-libor-1-2765097
The Farce Must Go On: Senate Suddenly Furious With Eric Holder For
Allowing Banks To Become Too Big To Jail
http://www.zerohedge.com/news/2013-01-29/farce-must-go-senate-suddenly-furious-eric-holder-allowing-banks-become-too-big-jail
Sens. Brown, Grassley Press Justice Department On Too Big To Jail
http://www.brown.senate.gov/newsroom/press/release/sens-brown-grassley-press-justice-department-on-too-big-to-jail
past posts mentioning Libor &/or too big to jail
https://www.garlic.com/~lynn/2010m.html#24 Little-Noted, Prepaid Rules Would Cover Non-Banks As Wells As Banks
https://www.garlic.com/~lynn/2010q.html#58 Programmer Charged with thieft (maybe off topic)
https://www.garlic.com/~lynn/2011.html#50 What do you think about fraud prevention in the governments?
https://www.garlic.com/~lynn/2011f.html#52 Are Americans serious about dealing with money laundering and the drug cartels?
https://www.garlic.com/~lynn/2011n.html#49 The men who crashed the world
https://www.garlic.com/~lynn/2012e.html#16 Wonder if they know how Boydian they are?
https://www.garlic.com/~lynn/2012e.html#35 The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
https://www.garlic.com/~lynn/2012e.html#37 The $30 billion Social Security hack
https://www.garlic.com/~lynn/2012f.html#88 Defense acquisitions are broken and no one cares
https://www.garlic.com/~lynn/2012g.html#9 JPM LOSES $2 BILLION USD!
https://www.garlic.com/~lynn/2012g.html#20 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012i.html#14 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#76 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012i.html#77 'Inexperienced' RBS tech operative's blunder led to banking meltdown
https://www.garlic.com/~lynn/2012i.html#85 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012i.html#87 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012i.html#92 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012i.html#94 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012j.html#4 Interesting News Article
https://www.garlic.com/~lynn/2012j.html#10 Interesting News Article
https://www.garlic.com/~lynn/2012j.html#11 a clock in it, was Re: Interesting News Article
https://www.garlic.com/~lynn/2012j.html#15 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012j.html#19 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012j.html#25 This Is The Wall Street Scandal Of All Scandals
https://www.garlic.com/~lynn/2012j.html#37 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012j.html#49 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012j.html#60 Auditors All Fall Down; PFGBest and MF Global Frauds Reveal Weak Watchdogs
https://www.garlic.com/~lynn/2012k.html#37 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?
https://www.garlic.com/~lynn/2012l.html#17 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012l.html#60 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012m.html#29 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012m.html#30 General Mills computer
https://www.garlic.com/~lynn/2012m.html#42 General Mills computer
https://www.garlic.com/~lynn/2012m.html#45 General Mills computer
https://www.garlic.com/~lynn/2012m.html#59 General Mills computer
https://www.garlic.com/~lynn/2012n.html#0 General Mills computer
https://www.garlic.com/~lynn/2012n.html#12 Why Auditors Fail To Detect Frauds?
https://www.garlic.com/~lynn/2012n.html#20 General Mills computer
https://www.garlic.com/~lynn/2012n.html#55 U.S. Sues Wells Fargo, Accusing It of Lying About Mortgages
https://www.garlic.com/~lynn/2012n.html#78 Beyond the 10,000 Hour Rule
https://www.garlic.com/~lynn/2012o.html#10 OT: Tax breaks to Oracle debated
https://www.garlic.com/~lynn/2012o.html#14 OT: Tax breaks to Oracle debated
https://www.garlic.com/~lynn/2012o.html#73 These Two Charts Show How The Priorities Of US Companies Have Gotten Screwed Up
https://www.garlic.com/~lynn/2012p.html#18 U.S. Treasury, AIG are poised to sever ties
https://www.garlic.com/~lynn/2012p.html#20 HSBC, SCB Agree to AML Penalties
https://www.garlic.com/~lynn/2012p.html#24 OCC Confirms that Big Banks are Badly Managed, Lack Adequate Risk Management Controls
https://www.garlic.com/~lynn/2012p.html#30 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2012p.html#39 UBS Faces Potential LIBOR Fine Of $1 Billion -- Twice What Barclays Paid
https://www.garlic.com/~lynn/2012p.html#44 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2012p.html#48 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2012p.html#54 UBS Faces Potential LIBOR Fine Of $1 Billion -- Twice What Barclays Paid
https://www.garlic.com/~lynn/2012p.html#55 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2012p.html#62 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2012p.html#64 IBM Is Changing The Terms Of Its Retirement Plan, Which Is Frustrating Some Employees
https://www.garlic.com/~lynn/2013.html#4 HSBC's Settlement Leaves Us In A Scary Place
https://www.garlic.com/~lynn/2013.html#21 AIG may join bailout lawsuit against U.S. government
https://www.garlic.com/~lynn/2013.html#34 How Bankers Help Drug Traffickers and Terrorists
https://www.garlic.com/~lynn/2013.html#35 Does the UK Government Really Want us to Report Fraud?
https://www.garlic.com/~lynn/2013.html#44 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#50 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#0 How to Cut Megabanks Down to Size
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: what makes a computer architect great? Newsgroups: comp.arch Date: Wed, 30 Jan 2013 12:22:22 -0500"Mike" <mike@mike.net> writes:
the issue was that 3380 had 3mbyte/sec transfer ... but access was only marginally better than 3330 that had 800kbyte/sec ... so the big page strategy was to better leverage the higher transfer rate ... and optimize everything to offset the relatively long access time. paging area was typically configured to be ten times that needed ... significantly increasing probability unused track near the current head position.
subsequent page fault ... for any member of a "big page" would bring in the whole big page (tended to increase real storage requirement but improved the number of pages fetched for disk arm access).
misc. past posts mentioning big page
https://www.garlic.com/~lynn/2001k.html#60 Defrag in linux? - Newbie question
https://www.garlic.com/~lynn/2002b.html#20 index searching
https://www.garlic.com/~lynn/2002c.html#29 Page size (was: VAX, M68K complex instructions)
https://www.garlic.com/~lynn/2002c.html#48 Swapper was Re: History of Login Names
https://www.garlic.com/~lynn/2002e.html#8 What are some impressive page rates?
https://www.garlic.com/~lynn/2002e.html#11 What are some impressive page rates?
https://www.garlic.com/~lynn/2002f.html#20 Blade architectures
https://www.garlic.com/~lynn/2002l.html#36 Do any architectures use instruction count instead of timer
https://www.garlic.com/~lynn/2002m.html#4 Handling variable page sizes?
https://www.garlic.com/~lynn/2003b.html#69 Disk drives as commodities. Was Re: Yamhill
https://www.garlic.com/~lynn/2003d.html#21 PDP10 and RISC
https://www.garlic.com/~lynn/2003f.html#5 Alpha performance, why?
https://www.garlic.com/~lynn/2003f.html#9 Alpha performance, why?
https://www.garlic.com/~lynn/2003f.html#16 Alpha performance, why?
https://www.garlic.com/~lynn/2003f.html#48 Alpha performance, why?
https://www.garlic.com/~lynn/2003g.html#12 Page Table - per OS/Process
https://www.garlic.com/~lynn/2003o.html#61 1teraflops cell processor possible?
https://www.garlic.com/~lynn/2003o.html#62 1teraflops cell processor possible?
https://www.garlic.com/~lynn/2004.html#13 Holee shit! 30 years ago!
https://www.garlic.com/~lynn/2004e.html#16 Paging query - progress
https://www.garlic.com/~lynn/2004n.html#22 Shipwrecks
https://www.garlic.com/~lynn/2004p.html#39 100% CPU is not always bad
https://www.garlic.com/~lynn/2005h.html#15 Exceptions at basic block boundaries
https://www.garlic.com/~lynn/2005j.html#51 Q ALLOC PAGE vs. CP Q ALLOC vs ESAMAP
https://www.garlic.com/~lynn/2005l.html#41 25% Pageds utilization on 3390-09?
https://www.garlic.com/~lynn/2005n.html#18 Code density and performance?
https://www.garlic.com/~lynn/2005n.html#19 Code density and performance?
https://www.garlic.com/~lynn/2005n.html#21 Code density and performance?
https://www.garlic.com/~lynn/2005n.html#22 Code density and performance?
https://www.garlic.com/~lynn/2006j.html#2 virtual memory
https://www.garlic.com/~lynn/2006j.html#3 virtual memory
https://www.garlic.com/~lynn/2006j.html#4 virtual memory
https://www.garlic.com/~lynn/2006j.html#11 The Pankian Metaphor
https://www.garlic.com/~lynn/2006l.html#13 virtual memory
https://www.garlic.com/~lynn/2006r.html#35 REAL memory column in SDSF
https://www.garlic.com/~lynn/2006r.html#37 REAL memory column in SDSF
https://www.garlic.com/~lynn/2006r.html#39 REAL memory column in SDSF
https://www.garlic.com/~lynn/2006t.html#18 Why magnetic drums was/are worse than disks ?
https://www.garlic.com/~lynn/2006v.html#43 The Future of CPUs: What's After Multi-Core?
https://www.garlic.com/~lynn/2006y.html#9 The Future of CPUs: What's After Multi-Core?
https://www.garlic.com/~lynn/2007o.html#32 reading erased bits
https://www.garlic.com/~lynn/2008f.html#6 Fantasy-Land_Hierarchal_NUMA_Memory-Model_on_Vertical
https://www.garlic.com/~lynn/2008k.html#80 How to calculate effective page fault service time?
https://www.garlic.com/~lynn/2010g.html#23 16:32 far pointers in OpenWatcom C/C++
https://www.garlic.com/~lynn/2010g.html#42 Interesting presentation
https://www.garlic.com/~lynn/2010g.html#72 Interesting presentation
https://www.garlic.com/~lynn/2011e.html#27 Multiple Virtual Memory
https://www.garlic.com/~lynn/2011f.html#59 Drum Memory with small Core Memory?
https://www.garlic.com/~lynn/2011g.html#59 Is the magic and romance killed by Windows (and Linux)?
https://www.garlic.com/~lynn/2012c.html#28 5 Byte Device Addresses?
https://www.garlic.com/~lynn/2012c.html#33 5 Byte Device Addresses?
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: New HD Newsgroups: alt.folklore.computers Date: Wed, 30 Jan 2013 17:11:42 -0500"Charlie Gibbs" <cgibbs@kltpzyxm.invalid> writes:
and apple in the early 80s, used a s/38 to run its business. my brother
was regional apple marketing rep (large physical area in conus) and
figured out how to dial in to s/38 to get manufacturing and delivery
schedules.
https://en.wikipedia.org/wiki/IBM_System/38
as/400 replacement for s/38 was originally suppose to be risc/801 (iliad) chip ... for various reasons that was aborted, and cisc chip was designed in its place.
later in the 90s, as/400 moved to power/pc (801/risc) ... as did the
mac.
https://en.wikipedia.org/wiki/PowerPC
product of somerset/AIM (apple-ibm-motorola)
https://en.wikipedia.org/wiki/AIM_alliance
as/400 to power/pc
https://en.wikipedia.org/wiki/IBM_System_i
as an aside ... from above:
Although announced in 1988, the AS/400 remains IBM's most recent major
architectural shift that was developed wholly internally. Since the
arrival of Lou Gerstner in 1993, IBM has viewed such colossal internal
developments as too risky. Instead, IBM now prefers to make key product
strides through acquisition (e.g., the takeovers of Lotus Software and
Rational Software) and to support the development of open standards,
particularly Linux. It is noteworthy that after the departure of CEO
John Akers in 1993, when IBM looked likely to be split up, Bill Gates
commented that the only part of IBM that Microsoft would be interested
in was the AS/400 division. (At the time, many of Microsoft's business
and financial systems ran on the AS/400 platform.)
... snip ...
recent posts about Time's "Baby Blue" article (regarding IBM
re-structuring in anticipation for breakup):
https://www.garlic.com/~lynn/2012p.html#61 What is holding back cloud adoption?
https://www.garlic.com/~lynn/2012p.html#60 Today in TIME Tech History: Piston-less Power (1959), IBM's Decline (1992), TiVo (1998) and More
https://www.garlic.com/~lynn/2012p.html#63 Today in TIME Tech History: Piston-less Power (1959), IBM's Decline (1992), TiVo (1998) and More
other recent posts mentioning Gerstner resurrects IBM and reverses
decision to breakup the company
https://www.garlic.com/~lynn/2012n.html#1 STOP PRESS! An Auditor has been brought to task for a failed bank!
https://www.garlic.com/~lynn/2012n.html#8 General Mills computer
https://www.garlic.com/~lynn/2012n.html#20 General Mills computer
https://www.garlic.com/~lynn/2012o.html#14 OT: Tax breaks to Oracle debated
https://www.garlic.com/~lynn/2012o.html#32 Does the IBM System z Mainframe rely on Obscurity or is it Security by Design?
https://www.garlic.com/~lynn/2012p.html#61 What is holding back cloud adoption?
https://www.garlic.com/~lynn/2012p.html#64 IBM Is Changing The Terms Of Its Retirement Plan, Which Is Frustrating Some Employees
https://www.garlic.com/~lynn/2013.html#76 mainframe "selling" points
misc. recent posts mentioning s/38
https://www.garlic.com/~lynn/2011p.html#75 Has anyone successfully migrated off mainframes?
https://www.garlic.com/~lynn/2012.html#90 Has anyone successfully migrated off mainframes?
https://www.garlic.com/~lynn/2012c.html#60 Memory versus processor speed
https://www.garlic.com/~lynn/2012d.html#23 IBM cuts more than 1,000 U.S. Workers
https://www.garlic.com/~lynn/2012h.html#66 How will mainframers retiring be different from Y2K?
https://www.garlic.com/~lynn/2012i.html#43 Virtual address Memory Protection Unit
https://www.garlic.com/~lynn/2012k.html#50 1132 printer history
https://www.garlic.com/~lynn/2012k.html#53 1132 printer history
https://www.garlic.com/~lynn/2012k.html#57 1132 printer history
https://www.garlic.com/~lynn/2012l.html#72 zEC12, and previous generations, "why?" type question - GPU computing
https://www.garlic.com/~lynn/2012m.html#31 Still think the mainframe is going away soon: Think again. I
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 31 Jan 2013 Subject: Libor Lies Revealed in Rigging of $300 Trillion Benchmark Blog: Google+re:
Deutsche Bank takes $3.5 billion loss to pay for clean up
http://www.oecd.org/document/63/0,3343,en_21571361_38695295_1876671_1_1_1_1,00.html
Wall Street's Brutal Compensation Crunch Has Hit Deutsche Bank
http://www.businessinsider.com/deutsche-bank-bonus-cuts-2013-1
old article NY comptroller report that wallstreet bonuses went up over
400% during the bubble
http://www.businessweek.com/stories/2008-03-19/the-feds-too-easy-on-wall-streetbusinessweek-business-news-stock-market-and-financial-advice
since then, wallstreet has been doing everything possible to keep bonuses from returning to pre-bubble level. By comparison, 11% reduction is trivial and hardly brutal. There are also claims that the industry increased three times (as percent of GDP) during the bubble (also efforts to keep from returning to pre-bubble levels ... with lots of help from Federal Reserve).
start of bubble in 2002, wallstreet bonuses increase to $9.8B ... 2006&2007 wallstreet bonuses are over $32B ... four times pre-bubble. For 2008, GS looses money but has $10B (more than all of wallstreet at start of bubble), in large part aided by $10B from the treasury. Treasury makes comments about performance bonuses are required as part of legal employment contracts ... but wallstreet has obfuscated the issue by changing the name from performance bonuses to retention bonuses ($85B in bonuses just for sticking around).
Banksters used $85 billion of $140 billion taxpayer TARP money for
bonuses in 2008
http://www.correntewire.com/book/export/html/15189
past posts mentioning the big boom in wallstreet bonuses
https://www.garlic.com/~lynn/2008f.html#76 Bush - place in history
https://www.garlic.com/~lynn/2008g.html#52 IBM CEO's remuneration last year ?
https://www.garlic.com/~lynn/2008g.html#66 independent appraisers
https://www.garlic.com/~lynn/2008h.html#42 The Return of Ada
https://www.garlic.com/~lynn/2008i.html#4 A Merit based system of reward -Does anybody (or any executive) really want to be judged on merit?
https://www.garlic.com/~lynn/2008n.html#52 Technology and the current crisis
https://www.garlic.com/~lynn/2008n.html#53 Your thoughts on the following comprehensive bailout plan please
https://www.garlic.com/~lynn/2008n.html#56 VMware Chief Says the OS Is History
https://www.garlic.com/~lynn/2008n.html#69 Another quiet week in finance
https://www.garlic.com/~lynn/2008n.html#82 Fraud in financial institution
https://www.garlic.com/~lynn/2008o.html#18 Once the dust settles, do you think Milton Friedman's economic theories will be laid to rest
https://www.garlic.com/~lynn/2008o.html#26 SOX (Sarbanes-Oxley Act), is this really followed and worthful considering current Financial Crisis?
https://www.garlic.com/~lynn/2008o.html#28 Does anyone get the idea that those responsible for containing this finanical crisis are doing too much?
https://www.garlic.com/~lynn/2008o.html#31 The human plague
https://www.garlic.com/~lynn/2008o.html#32 How much is 700 Billion Dollars??
https://www.garlic.com/~lynn/2008p.html#8 Global Melt Down
https://www.garlic.com/~lynn/2008r.html#61 The vanishing CEO bonus
https://www.garlic.com/~lynn/2008r.html#64 Is This a Different Kind of Financial Crisis?
https://www.garlic.com/~lynn/2008s.html#32 How Should The Government Spend The $700 Billion?
https://www.garlic.com/~lynn/2008s.html#33 Garbage in, garbage out trampled by Moore's law
https://www.garlic.com/~lynn/2008s.html#35 Is American capitalism and greed to blame for our financial troubles in the US?
https://www.garlic.com/~lynn/2008s.html#41 Executive pay: time for a trim?
https://www.garlic.com/~lynn/2009.html#73 CROOKS and NANNIES: what would Boyd do?
https://www.garlic.com/~lynn/2009.html#80 Are reckless risks a natural fallout of "excessive" executive compensation ?
https://www.garlic.com/~lynn/2009b.html#25 The recently revealed excesses of John Thain, the former CEO of Merrill Lynch, while the firm was receiving $25 Billion in TARP funds makes me sick
https://www.garlic.com/~lynn/2009b.html#41 The subject is authoritarian tendencies in corporate management, and how they are related to political culture
https://www.garlic.com/~lynn/2009b.html#45 The recently revealed excesses of John Thain, the former CEO of Merrill Lynch, while the firm was receiving $25 Billion in TARP funds makes me sick
https://www.garlic.com/~lynn/2009b.html#49 US disaster, debts and bad financial management
https://www.garlic.com/~lynn/2009b.html#57 Credit & Risk Management ... go Simple ?
https://www.garlic.com/~lynn/2009b.html#59 As bonuses...why breed greed, when others are in dire need?
https://www.garlic.com/~lynn/2009c.html#16 How to defeat new telemarketing tactic
https://www.garlic.com/~lynn/2009d.html#0 PNC Financial to pay CEO $3 million stock bonus
https://www.garlic.com/~lynn/2009d.html#3 Congress Set to Approve Pay Cap of $500,000
https://www.garlic.com/~lynn/2009e.html#17 Why is everyone talking about AIG bonuses of millions and keeping their mouth shut on billions sent to foreign banks?
https://www.garlic.com/~lynn/2009e.html#36 Architectural Diversity
https://www.garlic.com/~lynn/2009g.html#31 OODA-loop obfuscation
https://www.garlic.com/~lynn/2009j.html#36 Average Comp This Year At Top Firm Estimated At $700,000
https://www.garlic.com/~lynn/2010d.html#11 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010d.html#19 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010d.html#26 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010i.html#47 "Fraud & Stupidity Look a Lot Alike"
https://www.garlic.com/~lynn/2010l.html#48 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010n.html#33 Idiotic programming style edicts
https://www.garlic.com/~lynn/2011b.html#42 Productivity And Bubbles
https://www.garlic.com/~lynn/2011b.html#59 Productivity And Bubbles
https://www.garlic.com/~lynn/2011d.html#23 The first personal computer (PC)
https://www.garlic.com/~lynn/2011e.html#7 I actually miss working at IBM
https://www.garlic.com/~lynn/2011e.html#36 On Protectionism
https://www.garlic.com/~lynn/2011i.html#13 'Megalomania, Insanity' Fueled Bubble: Munger
https://www.garlic.com/~lynn/2011k.html#56 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2011n.html#24 AMERICA IS BROKEN, WHAT NOW?
https://www.garlic.com/~lynn/2011o.html#83 The banking sector grew seven times faster than gross domestic product since the beginning of the financial crisis and Too-Big-to-Fail: Banks Get Bigger After Dodd-Frank
https://www.garlic.com/~lynn/2012.html#32 Wall Street Bonuses May Reach Lowest Level in 3 Years
https://www.garlic.com/~lynn/2012b.html#65 Why Wall Street Should Stop Whining
https://www.garlic.com/~lynn/2012c.html#32 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012m.html#50 General Mills computer
--
virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: mainframe "selling" points Newsgroups: bit.listserv.ibm-main Date: 31 Jan 2013 07:07:30 -0800imugzach@GMAIL.COM (Itschak Mugzach) writes:
A maxed out z196 with 80 processors & rating of 50BIPS goes for $28M or $560,000/BIPS ... however, on avg. customers are paying total of $175M (i.e. 6.25 times the base hardware cost, aka difference between 4% of revenue for just hardware, but total of 25% revenue) ... or $3.5M/BIPS
as I've mentioned several times, by comparison IBM has base list price of $1815 for e5-2600 blade rated at 527BIPS or $3.44/BIPS (a factor of million times difference).
misc. past posts mentioning $3.5M/BIPS
https://www.garlic.com/~lynn/2012m.html#31 Still think the mainframe is going away soon: Think again. IBM mainframe computer sales are 4% of IBM's revenue; with software, services, and storage it's 25%
https://www.garlic.com/~lynn/2012m.html#43 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#67 How do you feel about the fact that today India has more IBM employees than any of the other countries in the world including the USA.?
https://www.garlic.com/~lynn/2012n.html#13 System/360--50 years--the future?
https://www.garlic.com/~lynn/2012n.html#44 Under what circumstances would it be a mistake to migrate applications/workload off the mainframe?
https://www.garlic.com/~lynn/2012n.html#48 Under what circumstances would it be a mistake to migrate applications/workload off the mainframe?
https://www.garlic.com/~lynn/2012p.html#58 What is holding back cloud adoption?
https://www.garlic.com/~lynn/2013.html#10 From build to buy: American Airlines changes modernization course midflight
https://www.garlic.com/~lynn/2013.html#16 From build to buy: American Airlines changes modernization course midflight
https://www.garlic.com/~lynn/2013.html#17 Still think the mainframe is going away soon: Think again. IBM mainframe computer sales are 4% of IBM's revenue; with software, services, and storage it's 25%
--
virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: mainframe "selling" points Newsgroups: bit.listserv.ibm-main Date: 31 Jan 2013 11:00:44 -0800mitchdana@GMAIL.COM (Dana Mitchell) writes:
IBM publishes 50BIPS for 80-way z196
past post in ibm-main from last fall
https://www.garlic.com/~lynn/2012l.html#59
quoting benchmarks numbers from this web page
http://www.istorya.net/forums/computer-hardware-21/485176-intel-xeon-e5-2690-and-e5-2660-8-core-sandy-bridge-ep-review.html
(Dhrystone)
E5-2690 @2.9GHZ 527.55BIPS
E5-2660 @2.2GHZ 428.15BIPS
X5690 @3.45GHZ 307.49BIPS
i7-3690 @4.78GHZ 288BIPS
AMD 6274 @2.4GHZ 272.73BIPS
(Whetstone)
E5-2690 @2.9GHZ 315GFLOPS
E5-2660 @2.2GHZ 263.7GFLOPS
X5690 @3.4GHZ 227GFLOPS
I7-3690 @4.78GHZ 176GFLOPS
AMD 6274 @2.4GHZ 168.11GFLOPS
... aka the e5-2600 at 527.55BIPS is also capable of 315GFLOPS
and from this recent post
https://www.garlic.com/~lynn/2012j.html#34
in "Mainframe Experts" discussion
http://lnkd.in/QhQ73A
including ibm results for lots of platforms (at the time as of
3july2012 ... now current as of 29Jan2003 ... IBM currently
has 873 bencmarks listed in the following ... none of them for
mainframe)
http://www.spec.org/cpu2006/results/cint2006.html
risc chip/processors have had numerous performance features for the past several decades that provided them with significant throughput advantages over i86 chips. however, for the past several generations of i86 chips, they have moved to risc cores with hardware layer that translates i86 instructions into risc microops ... significantly closing that throughput gap.
z10 was rated at 30BIPS with 64processors or 469MIPS/processor. z196 is rated at 50BIPS with 80processors or 625MIPS/processor. The description is that much of the improvement in z196 per processor performance was introduction of some of the features that have been in risc processors for decades (and are part of all the latest i86 processors). zEC12 is rated at 75BIPS with 101processors or 743MIPS/processor ... with claims that there have been some additonal risc-like features in the way the zEC12 processors operate.
Part of the claim for the rapid advancement in i86 chip throughput is there being competition between multiple vendors of i86 chips.
for other drift ... this ibm-main post references peak i/o throughput
benchmark for z196 using 104 FICON channels and 14 system assist
processors that achieves 2M 4k IOPS (although peak SAP all running at
100% is 2.2M and recommendations is to keep SAP utilization below 70% or
1.5M)
https://www.garlic.com/~lynn/2012m.html#4 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
FICON is an enormously expensive protocol layer on top of FCS, that is significantly slower than the throughput of the underlying fibre-channel standard technology. Above post reference announce of a *single* FCS channel (aka technology used in FICON) for e5-2600 capable of over 1M IOPS (two such FCS channels could give an e5-2600 the same throughput as z196 peak i/o throughput with 104 FICON channels).
other recent posts here in ibm-main mentioning e5-2600 comparisons
https://www.garlic.com/~lynn/2012l.html#20 X86 server
https://www.garlic.com/~lynn/2012l.html#28 X86 server
https://www.garlic.com/~lynn/2012l.html#30 X86 server
https://www.garlic.com/~lynn/2012l.html#34 X86 server
https://www.garlic.com/~lynn/2012l.html#51 Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#56 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#81 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#87 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#88 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#90 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012l.html#100 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#3 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#5 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#43 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012o.html#25 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
--
virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: mainframe "selling" points Newsgroups: bit.listserv.ibm-main Date: 31 Jan 2013 11:23:55 -0800david.devine@SSE.COM (David Devine) writes:
one of the things recently mentioned is that the large brand vendors (HP, DELL, IBM, etc) are no longer the major consumer of i86 server chips ... that the large cloud operators (both public and private) are ordering chips directly and building out mega-datacenters with several hundred thousand blade configurations (and millions of cores). There is lot of similarity between the millions of core supercomputers and the millions of core cloud operators. Periodic press is also that the cloud operators are building their own blades at 1/3rd the price of brand name blades (bring cost/BIP into the $1 range). The big cloud operators have also done extensive work on choice of system components to optimize the price/reliability, price/maintenance, price/administration, etc issues.
With the enormous drop in processing costs ... the large cloud operators have also turned their attention to all the other operating costs that are now starting to dominate ... maintenance, power, cooling, administration, etc. With hundreds of thousands of blades and millions of cores ... they have done an enormous amount of work optimizing all these other costs. For the majority of the e5-2600 blades out there in the large cloud operations (public & private), there are running various flavors of Linux (significanlty reducing those costs) and have processes where a relatively few people are able to operate a mega-datacenter with millions of cores. With the lots of on-demand characteristic in many cloud operations ... they are behind pushing for almost zero power&cooling while idle and able to be brought up to full operation nearly instantaneously.
Guess is that any one of the numerous mega-datacenters around the world has more processing power than the aggregate of all mainframes in the world today.
For other drift ... real CKD disks haven't been manufactured for decades ... they are all done with simulation using the same disks that are used by e5-2600 systems. Also as mentioned upthread ... native FCS has enormously better throughput than when FICON is layered on top of FCS ... aka peak z196 I/O benchmark with 104 FICON channels at 2.2M IOPS compared to announcement of a *single* native FCS for e5-2600 capable of over 1M IOPS.
misc. past posts mentioning mega-datacenters
https://www.garlic.com/~lynn/2008d.html#72 Price of CPU seconds
https://www.garlic.com/~lynn/2008n.html#68 VMware Chief Says the OS Is History
https://www.garlic.com/~lynn/2008n.html#79 Google Data Centers 'The Most Efficient In The World'
https://www.garlic.com/~lynn/2008r.html#56 IBM drops Power7 drain in 'Blue Waters'
https://www.garlic.com/~lynn/2010e.html#78 Entry point for a Mainframe?
https://www.garlic.com/~lynn/2010j.html#27 A "portable" hard disk
https://www.garlic.com/~lynn/2010k.html#62 taking down the machine - z9 series
https://www.garlic.com/~lynn/2010l.html#51 Mainframe Hacking -- Fact or Fiction
https://www.garlic.com/~lynn/2010m.html#14 Facebook doubles the size of its first data center
https://www.garlic.com/~lynn/2010o.html#3 When will MVS be able to use cheap dasd
https://www.garlic.com/~lynn/2011d.html#46 The first personal computer (PC)
https://www.garlic.com/~lynn/2011e.html#16 At least two decades back, some gurus predicted that mainframes would disappear in future and it still has not happened
https://www.garlic.com/~lynn/2011e.html#17 At least two decades back, some gurus predicted that mainframes would disappear in future and it still has not happened
https://www.garlic.com/~lynn/2011e.html#19 At least two decades back, some gurus predicted that mainframes would disappear in future and it still has not happened
https://www.garlic.com/~lynn/2011f.html#32 At least two decades back, some gurus predicted that mainframes would disappear
https://www.garlic.com/~lynn/2011h.html#32 At least two decades back, some gurus predicted that mainframes would disappear in future and it still has not happened
https://www.garlic.com/~lynn/2011i.html#9 At least two decades back, some gurus predicted that mainframes would disappear in future and it still has not happened
https://www.garlic.com/~lynn/2011i.html#75 Check out June 2011 | TOP500 Supercomputing Sites
https://www.garlic.com/~lynn/2011j.html#23 Cloud computing - is it a financial con trick?
https://www.garlic.com/~lynn/2011k.html#70 New IBM Redbooks residency experience in Poughkeepsie, NY
https://www.garlic.com/~lynn/2011m.html#11 PKI "fixes" that don't fix PKI
https://www.garlic.com/~lynn/2011n.html#35 Last Word on Dennis Ritchie
https://www.garlic.com/~lynn/2011o.html#32 Deja Cloud?
https://www.garlic.com/~lynn/2011o.html#43 Deja Cloud?
https://www.garlic.com/~lynn/2011o.html#44 Data Areas?
https://www.garlic.com/~lynn/2011o.html#53 HONE
https://www.garlic.com/~lynn/2011o.html#55 What is Cloud Computing?
https://www.garlic.com/~lynn/2011o.html#63 Intel's 1 teraflop chip
https://www.garlic.com/~lynn/2011o.html#75 Has anyone successfully migrated off mainframes?
https://www.garlic.com/~lynn/2011o.html#86 Clouds in mainframe
https://www.garlic.com/~lynn/2011p.html#22 1979 SHARE LSRAD Report
https://www.garlic.com/~lynn/2011p.html#122 Deja Cloud?
https://www.garlic.com/~lynn/2012.html#11 Who originated the phrase "user-friendly"?
https://www.garlic.com/~lynn/2012.html#20 21st Century Migrates Mainframe with Clerity
https://www.garlic.com/~lynn/2012.html#24 21st Century Migrates Mainframe with Clerity
https://www.garlic.com/~lynn/2012.html#78 Has anyone successfully migrated off mainframes?
https://www.garlic.com/~lynn/2012.html#80 Article on IBM's z196 Mainframe Architecture
https://www.garlic.com/~lynn/2012.html#82 Has anyone successfully migrated off mainframes?
https://www.garlic.com/~lynn/2012b.html#6 Cloud apps placed well in the economic cycle
https://www.garlic.com/~lynn/2012b.html#41 Are rotating register files still a bad idea?
https://www.garlic.com/~lynn/2012d.html#2 NASA unplugs their last mainframe
https://www.garlic.com/~lynn/2012d.html#35 Layer 8: NASA unplugs last mainframe
https://www.garlic.com/~lynn/2012d.html#41 Layer 8: NASA unplugs last mainframe
https://www.garlic.com/~lynn/2012d.html#50 Layer 8: NASA unplugs last mainframe
https://www.garlic.com/~lynn/2012f.html#19 Can Mainframes Be Part Of Cloud Computing?
https://www.garlic.com/~lynn/2012h.html#20 Mainframes Warming Up to the Cloud
https://www.garlic.com/~lynn/2012h.html#59 How many cost a cpu second?
https://www.garlic.com/~lynn/2012h.html#60 How many cost a cpu second?
https://www.garlic.com/~lynn/2012i.html#16 Think You Know The Mainframe?
https://www.garlic.com/~lynn/2012j.html#9 Can anybody give me a clear idea about Cloud Computing in MAINFRAME ?
https://www.garlic.com/~lynn/2012j.html#14 Can anybody give me a clear idea about Cloud Computing in MAINFRAME ?
https://www.garlic.com/~lynn/2012j.html#34 Can anybody give me a clear idea about Cloud Computing in MAINFRAME ?
https://www.garlic.com/~lynn/2012j.html#95 printer history Languages influenced by PL/1
https://www.garlic.com/~lynn/2012k.html#41 Cloud Computing
https://www.garlic.com/~lynn/2012l.html#28 X86 server
https://www.garlic.com/~lynn/2012l.html#34 X86 server
https://www.garlic.com/~lynn/2012l.html#42 I.B.M. Mainframe Evolves to Serve the Digital World
https://www.garlic.com/~lynn/2012l.html#87 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#3 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#13 Intel Confirms Decline of Server Giants HP, Dell, and IBM
https://www.garlic.com/~lynn/2012n.html#18 System/360--50 years--the future?
https://www.garlic.com/~lynn/2012n.html#24 System/360--50 years--the future?
https://www.garlic.com/~lynn/2012n.html#48 Under what circumstances would it be a mistake to migrate applications/workload off the mainframe?
https://www.garlic.com/~lynn/2012n.html#56 Under what circumstances would it be a mistake to migrate applications/workload off the mainframe?
https://www.garlic.com/~lynn/2012n.html#69 Under what circumstances would it be a mistake to migrate applications/workload off the mainframe?
https://www.garlic.com/~lynn/2012o.html#6 Mainframes are still the best platform for high volume transaction processing
https://www.garlic.com/~lynn/2012p.html#58 What is holding back cloud adoption?
https://www.garlic.com/~lynn/2013.html#16 From build to buy: American Airlines changes modernization course midflight
--
virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: mainframe "selling" points Newsgroups: bit.listserv.ibm-main Date: 31 Jan 2013 12:24:28 -0800david.devine@SSE.COM (David Devine) writes:
disclaimer, in the late 70s, I had done some work for national lab doing
some 4341 benchmarks when they were looking at a large compute
farm of 4341 machines ... reference in the ibm-main "millions of
cores" thread
https://www.garlic.com/~lynn/2013.html#77 OT: but hopefully interesting - Million core supercomputer
and over the yrs I was involved in various & sundry other things with LLNL ... including being asked in 1988 to help LLNL standardize some serial technology they had ... that morphs into fibre-channel standard (later the enormously heavy-weight FICON standard is layered ontop of FCS ... which significantly cuts throughput).
the majority of the i86 server chips (as opposed to desktop, laptop, personal, etc chips) are going into the large cloud (public & private) mega-datacenters (along with various large supercomputers).
for other drift recent (a.f.c.) discussion of s/38 evolving into as/400
... with various features to also support s/34&s/36:
https://www.garlic.com/~lynn/2013b.html#3 New HD
initially power was targeted at server market and power/pc was at the personal market ... including use by apple. apple then moved over into personal i86 platform when it didn't look like there would be the necessary investment to support power/pc in the personal market ... especially lower powered laptops.
IBM has been doing about $5B/annum each in the three hardware platforms (mainframe, power/risc, i86) ... for mainframe that works out to be approx the equivalent of 180/yr fully configured 80processor z196 @$28M. ... at 50BIPS/per ... that would come to 9TIPS/annum. By comparison, the e5-4600 blade is coming in around 1TIP (and e5-2600 blade at 527BIPS). A single rack of e5-4600 blades is likely more processing power than the total of all z196 machines sold.
the millions of cores ibm-main post mentions having done the cluster
scale-up for the IBM HA/CMP product ... but then that was transferred and
we were told we couldn't work on anything with more than four
processors. past posts mentioning ha/cmp
https://www.garlic.com/~lynn/subtopic.html#hacmp
I had also coined the terms disaster survivability and geographic
survivability out marketing ha/cmp. Somewhat as a result, I was asked
to write a section for the corporate continuous availability strategy
document ... but then the section got pulled when both pok and rochester
claimed that their products couldn't meet the objectives. misc. past
posts mentioning availability:
https://www.garlic.com/~lynn/submain.html#available
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 31 Jan 2013 Subject: How to Cut Megabanks Down to Size Blog: Financial Crime Risk, Fraud and Securityre:
aka ... periodic reference in the news to congress as kabuki theater
... especially 1603-1629 ... (congress as "too crooked to jail")
https://en.wikipedia.org/wiki/Kabuki
no.1 on times list of those responsible for economic mess:
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877339,00.html
also none of the congressional "Friends of Mozilo" were ever prosecuted ... and saga continues over in "More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence" discussion.
responsibility really sits with congress for repeal of Glass-Steagall ... and the other captured agencies, Federal Reserve, OCC, SEC, Treasury, etc
some followup on senate wondering why Justice dept. allowed too big to jail
Lanny Breuer Now Blames 94 US Attorneys for Immunizing Banksters
http://www.nakedcapitalism.com/2013/01/marcy-wheeler-lanny-breuer-now-blames-94-us-attorneys-for-immunizing-banksters.html
from above:
Lanny has, in the past, clearly admitted to actions that led directly
to amnesty for banksters. But in his effort to shore up his reputation
as he heads out the door (though not until March 1, unfortunately),
he's gonna blame everyone else for the fact that, on his
watch, the most destructive criminals in the country got a pass.
... snip ...
and x-over from the libor fraud discussion
https://www.garlic.com/~lynn/2013b.html#4 Libor Lies Revealed in Rigging of $300 Trillion Benchmark
The Fed's Too Easy on Wall Street
http://www.businessweek.com/stories/2008-03-19/the-feds-too-easy-on-wall-streetbusinessweek-business-news-stock-market-and-financial-advice
start of bubble in 2002, wallstreet bonuses increase to $9.8B ... 2006&2007 wallstreet bonuses are over $32B ... four times pre-bubble. For 2008, GS looses money but has $10B (more than all of wallstreet at start of bubble), in large part aided by $10B from the treasury. Treasury makes comments about performance bonuses are required as part of legal employment contracts ... but wallstreet has obfuscated the issue by changing the name from performance bonuses to retention bonuses ($85B in bonuses just for sticking around).
Banksters used $85 billion of $140 billion taxpayer TARP money for
bonuses in 2008
http://www.correntewire.com/book/export/html/15189
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virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: FW: mainframe "selling" points -- Start up Costs Newsgroups: bit.listserv.ibm-main Date: 31 Jan 2013 18:02:36 -0800edjaffe@PHOENIXSOFTWARE.COM (Edward Jaffe) writes:
old post of a cloud on-demand dynamically created 240TFLOP
supercomputer that rents for less than $2k/hr (less for large
guaranteed use) ... which would translate into (dynamically,
on-demand) 762 e5-2600 blades (at 315GFLOP) or 402TIPS (aka integer,
not floating pt) and 12200 cores. The article mentions 17,000 cores
... which works out to more like older x5690 chips rather than
e5-2690@2.9GHZ.
https://www.garlic.com/~lynn/2012.html#78
from more than year ago:
http://news.cnet.com/8301-13846_3-57349321-62/amazon-takes-supercomputing-to-the-cloud/
during past year, price competition has heated up between Google &
Amazon ...
http://www.zdnet.com/blog/btl/google-launches-alleged-amazon-web-services-killer-but-lacks-maturity-options/81276
mentions Amazon "free" tier
http://aws.amazon.com/ec2/pricing/
and recently there is even news articles about IBM jumping into the cloud on-demand fray.
some recent posts
https://www.garlic.com/~lynn/2012l.html#42 I.B.M. Mainframe Evolves to Serve the Digital World
https://www.garlic.com/~lynn/2012p.html#26 Mainframes are still the best platform for high volume transaction processing
https://www.garlic.com/~lynn/2012p.html#27 Search Google, 1960:s-style
on-demand 51,132 cores for $4829/hr nearly yr ago
http://arstechnica.com/business/2012/04/4829-per-hour-supercomputer-built-on-amazon-cloud-to-fuel-cancer-research/
The $4829/hr; would cover total system, storage, people, infrastructure, floor space, power, cooling, etc costs plus something to cover on-demand idle capacity plus something for profit. 52x7x24x7hrs @4829/hr comes to total of $42M/yr (minus significant discount for commuted use instead of purely on-demand).
51132 cores works out to approx. 3200 e5-2600 systems and nearly 1,700TIPS (1,700,000BIPS). At IBM's base price of $1815/blade, 3200 systems comes to nearly $6M (only $2M based on comments that cloud operators build for 1/3rd brand name price). 1,700TIPS would be the equivalent 33,683 50BIPS, 80processor z196 systems ... which would come to $943B for the hardware and nearly $6T total at 6.25 ratio including software, services and storage.
Amazon Announces 2 New EC2 Instance Types: Cluster High Memory With
240GB RAM And High Storage With 48TB HDD Space
http://techcrunch.com/2012/11/29/amazon-announces-2-new-ec2-instance-types-cluster-high-memory-with-240gb-ram-and-high-storage-with-48tb-hdd-space/
this mentions less than 70 people for 7x24 mega-datacenter operation
http://gigaom.com/2012/07/08/a-geeks-road-trip-north-carolinas-data-center-cluster/
this mentions 50-60 people
http://royal.pingdom.com/2010/09/15/googles-mega-data-center-in-finland/
one of the largest, 150 people
http://www.google.com/about/datacenters/inside/locations/the-dalles/index.html
this discusses some of the mega-datacenter evolution
https://en.wikipedia.org/wiki/Data_center
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: what makes a computer architect great? Newsgroups: comp.arch Date: Fri, 01 Feb 2013 10:42:17 -0500nmm1 writes:
also references big academic dustup over awarding PHD at Stanford on global LRU and clock (by the forces in support of local LRU). I had done something similar more than decade earlier as undergraduate and had apples-to-apples comparison on cp67 between global & local LRU. The person having all the trouble getting the PHD was at tandem and co-worker of Jim Gray ... and Jim asked me to weigh in with actual data on the subject.
old post in discussion about executive decision for adding virtual
memory to mvt for os/vs2 (two stages, first svs and then mvs) ... since
mvt application regions only made about 25% use of allocated storage ...
paging & virtual memory would allow for getting 16 regions on a 1mbyte
machine
https://www.garlic.com/~lynn/2011d.html#73 Multiple Virtual Memory
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 1 Feb 2013 Subject: How to Cut Megabanks Down to Size Blog: Financial Crime Risk, Fraud and Securityre:
re: too big to prosecute:
Yglesias Pours the Geithner, Holder, Breuer (GHB) Banksters Immunity
Doctrine in our Drinks
http://www.nakedcapitalism.com/2013/02/bill-black-yglesias-pours-the-geithner-holder-breuer-ghb-banksters-immunity-doctrine-in-our-drinks.html
references:
Are Banks Too Big To Prosecute?
http://www.slate.com/blogs/moneybox/2013/01/30/too_big_to_prosecute_can_the_government_bring_serious_criminal_charges_against.html
references frontline:
The Untouchables
http://www.pbs.org/wgbh/pages/frontline/untouchables/
more wrong doing
Barclays boss waives bonus as bank rocked by new Qatar allegations;
Antony Jenkins's decision to waive bonus puts pressure on bosses at
rival banks UK authorities probe Barclays over Qatar loan: FT
http://www.reuters.com/article/2013/02/01/us-barclays-probe-idUSBRE9100E420130201
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: moo cow, was what makes a computer architect great? Newsgroups: comp.arch Date: Fri, 01 Feb 2013 23:33:37 -0500John Levine <johnl@iecc.com> writes:
trivia ... original 370 virtual memory architecture had r/o protection as well as a couple other features. 370/165 ran into schedule problems retrofitting virtual memory to the processor ... and in order to buy back 6m in the schedule ... they proposed dropping several features (including r/o protection). the favorite son operating system in POK (mvt, os/vs2, svs, mvs, etc) said they had no use for it. However, vm370/cms had already been structured to make extensive use of it ... when the r/o protection (and the other features) were dropped ... vm370/cms did a really, really ugly hacks to try and provide some flavor of protection/isolation in its place. Other 370 models, that had already implemented the full 370 virtual memory ... had to go back and remove the dropped features.
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: what makes a computer architect great? Newsgroups: comp.arch Date: Sat, 02 Feb 2013 11:25:03 -0500"Paul A. Clayton" <paaronclayton@gmail.com> writes:
first cp67 delivered jan1968 at the univ ... had "zeros" page on disk and virtual memory backing store was initialized to pointers to the zeros page.
sometime spring of 1968, I changed that to flag that it was zeros page ... and when page fault on zeros page i did a tight loop with store-multiple with 12 of available registers set to zero. 4k pages, 1024 words, 12word register store, 85 store-multiples plus short trailing
from 360/67 functional characteristics, timing-formula for store-multiple/ar/bxle loop: 2.93 + .65 + 1.8 or 85*5.38=457microseconds plus save/initilize/restore registers (slight additional optimization could have been achieved if I bothered to "unroll" part of the loop).
later that year, I rewrote the whole paging pathlength and people at science did some regression analysis on detailed data on operational systems and I had reduced paging instruction pathlength to avg 1.5milliseconds (possibly 5-10 times better than original pathlength) ... but that is still three times the zeros loop (plus overhead of disk contention/latency)
later for 370, the MVCL instruction was introduced that could be used to clear area to zeros ... but timings on all the 370s was still much larger than the store-multuple loop.
as an aside, i rewrote large portions of cp67 that spring and summer
... and then got to make presentation on some performance work at SHARE
meeting fall68... part of that presentation
https://www.garlic.com/~lynn/94.html#18 CP67 & OS MFT14
above was primarily cp67 simulation time for os/360 in virtual machine (with no paging). Base elapsed is 322secs, original cp67 time was 787sec elapsed time ... 465secs increase, effectively all cp67 cpu simulation overhead. I reduced this overall to 435secs, or 113secs cp67 cpu simulation. Overall reduction nearly factor of four times (some pathlengths improvements were closer to 100).
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 2 Feb 2013 Subject: A Private life? Blog: IBMersRecent news item is that brand name server vendors (DELL, HP, IBM, etc) are no longer the major customer of server chips ... its the large cloud operators (public & private) that are the major server chip customers.
IBM lists base-price of E5-2600 blade at $1815 ... which have rating of 527BIPS or $3.44/BIPS ... compared to $28M for a 80processor z196 rated at 50BIPS (or $560,000/BIPS).
Recent article is that 4% of IBM's revenue is from mainframe hardware ... but 25% of IBM's revenue is from mainframe business ... basically for every dollar in hardware, customers spend $5.25 .... aka on the avg. mainframe customers pay IBM total $6.25 for every dollar spent on processor. That comes out to $175M (6.25*28m) for 80processor z196 rated at 50BIPS ($3.5M/BIPS total mainframe customers paying to IBM ).
Cloud (public & private) operators have also made claims that they are building their own blades for 1/3rd the cost of brand name blades (i.e. e5-2600 drops to almost $1/BIPS, 3million times less than IBM costs for mainframe). The massive reduction in processor costs have resulted in cloud operators turning their attention to the other costs that are now starting to dominate cloud operation ... becoming pioneers in watts/BIPS, cooling/BIPS, flr-space/BIPS, software/BIPS, admin/BIPS, overhead/BIPS, etc.
Year ago, there was article that it was possible to get an on-demand
(cloud) supercomputer (that had more processing power than all
mainframes in the world today) for less than $2k/hr (17,000 cores).
http://news.cnet.com/8301-13846_3-57349321-62/amazon-takes-supercomputing-to-the-cloud/
this price should included everything, including pro-rated idle capacity available for on-demand as well as profit to the cloud operator.
More recent is 51,132 cores for $4829/hr ... from nearly yr ago:
http://arstechnica.com/business/2012/04/4829-per-hour-supercomputer-built-on-amazon-cloud-to-fuel-cancer-research/
over the past year ... there is also articles on starting to be price
competition between the large public cloud vendors
http://www.zdnet.com/blog/btl/google-launches-alleged-amazon-web-services-killer-but-lacks-maturity-options/81276
also part of the explanation for the massive reduction in i86 server chip prices is competition between multiple vendors producing chips.
The 4% revenue from mainframe processor and 25% revenue total from all mainframe ... i.e. ibm customers are paying an avg of 6.25 dollars total for every dollar they spend on processor. That is real live numbers from IBM financial reports (thread over in "enterprise system" group that touts IBM isn't likely to stop mainframes anytime soon since that 25% total mainframe revenue accounts for 40% of total profit ... significant markup on mainframe software & services).
The referenced price competition article ... gives some more detail
cloud pricing ... which presumably is not only total cost of
everything ... but also includes profit margin for the cloud operator
http://aws.amazon.com/ec2/pricing/
the on-demand price/hr should be not only the total cost of the systems & operations, all the power, cooling, administrative overhead, software, floor-space, people, bldg, overhead, etc ... not just the equivalent items that would be paid to ibm for mainframe hardware, software and services .... but all other costs associated with operating a datacenter (including profit for the cloud operator). In the above scenario ... the price/hr for unix/linux system is half that of equivalent windows system (aka windows software costs as much as all other items combined).
I would consider this apples-to-apples comparison with real numbers w/o a whole lot of hand waving. My impression is that the argument for mainframe system & operation TCO is mostly extraneous to the reason most customers have mainframes. There have been recent articles about m'soft becoming more&more like ibm ... needing to protect the huge profit from their legacy software&services.
over in "Enterprise Systems": "Still think the mainframe is going away
soon: Think again. IBM mainframe computer sales are 4% of IBM's
revenue; with software, services, and storage it's 25%. But it's 40%
of IBM's profits!"
http://lnkd.in/mjYX6H
IBM customers are spending $5.25 additional for every dollar they spend on processor. That is just money going to IBM. It doesn't include total datacenter operations, staff, support, bldg, power, cooling, etc
as mentioned upthread the majority of server chips are no longer going to the brand name vendors (DELL, HP, IBM, etc), but directly to large cloud (public&private) operators
this mentions less than 70 people for 7x24 mega-datacenter operation
http://gigaom.com/2012/07/08/a-geeks-road-trip-north-carolinas-data-center-cluster/
this mentions 50-60 people
http://royal.pingdom.com/2010/09/15/googles-mega-data-center-in-finland/
one of the largest, 150 people
http://www.google.com/about/datacenters/inside/locations/the-dalles/index.html
some more detail
http://www.datacenterknowledge.com/archives/2008/02/18/details-of-googles-the-dalles-site-now-public/
this website has lot more detail on modern datacenters
http://www.datacenterknowledge.com/
this discusses some of the mega-datacenter evolution
https://en.wikipedia.org/wiki/Data_center
look at "tier level" categorization in above. The wiki article also
has picture of an IBM modular "container". I was at presentation by
the person that started the wayback machine (I had known him from the
wais/x39.50 days). He mentions that one of the wayback staff had come
up with the specification for modular container datacenter components
and supplied them to SUN, which built the initial implementations.
http://www.computerworld.com/s/article/9130499/The_Internet_Archive_s_Wayback_Machine_gets_a_new_data_center
recent similar thread in ibm-main
https://www.garlic.com/~lynn/2013.html#74 mainframe "selling" points
https://www.garlic.com/~lynn/2013.html#75 mainframe "selling" points
https://www.garlic.com/~lynn/2013.html#76 mainframe "selling" points
https://www.garlic.com/~lynn/2013b.html#5 mainframe "selling" points
https://www.garlic.com/~lynn/2013b.html#6 mainframe "selling" points
https://www.garlic.com/~lynn/2013b.html#7 mainframe "selling" points
https://www.garlic.com/~lynn/2013b.html#8 mainframe "selling" points
past posts in "IBMers" mentioning e5-2600
https://www.garlic.com/~lynn/2012m.html#67 How do you feel about the fact that today India has more IBM employees than any of the other countries in the world including the USA.?
https://www.garlic.com/~lynn/2012n.html#9 How do you feel about the fact that today India has more IBM employees than any of the other countries in the world including the USA.?
https://www.garlic.com/~lynn/2013.html#16 From build to buy: American Airlines changes modernization course midflight
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 2 Feb 2013 Subject: More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence Blog: Financial Crime Risk, Fraud and Securityre:
Bank of America Foreclosure Reviews: How the Cover-Up Happened (Part
IV)
http://www.nakedcapitalism.com/2013/01/bank-of-america-foreclosure-reviews-part-iv.html
We found four basic problems:
The reviews showed that Bank of America engaged in certain types of
abuses systematically
The review process itself lacked integrity due to Promontory
delegating most of its work to Bank of America, and that work in turn
depended on records that were often incomplete and unreliable. Chaotic
implementation of the project itself only made a bad situation worse
Bank of America strove to suppress and minimize evidence of damage to
borrowers
Promontory had multiple conflicts of interest and little to no
relevant expertise
... snip ...
Yet Another Cost of Doing Business Fine: Lender Processing Services
Settles with 46 Attorneys General for $127 Million
http://www.nakedcapitalism.com/2013/02/yet-another-cost-of-doing-business-fine-lender-processing-services-settles-with-46-attorneys-general-for-127-million.html
from above:
Worse, notice how this settlement institutionalized the undermining of
procedures that go back to the 1677 Statute of Frauds. LPS is
permitted to sign documents on behalf of a servicer if it is
authorized to do so. But a bedrock concept of the law has been that
evidence submitted in court (an an affidavit stands in lieu of
testimony) is based on personal knowledge. LPS does not know the
integrity of the underlying servicer systems (and our Bank of America
series confirms our suspicion that they often suck). Is it going to
be, as before, that servicers file affidavits attesting as to the
amount the borrower owes? We might as well throw our judicial system
down the toilet if so.
... snip ...
Doubt Is Cast on Firms Hired to Help Banks
http://dealbook.nytimes.com/2013/01/31/doubt-is-cast-on-firms-hired-to-help-banks/
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: New HD Newsgroups: alt.folklore.computers Date: Sun, 03 Feb 2013 14:25:39 -0500Dan Espen <despen@verizon.net> writes:
misc. recent posts mentioning architecture red book:
https://www.garlic.com/~lynn/2012.html#64 Has anyone successfully migrated off mainframes?
https://www.garlic.com/~lynn/2012e.html#49 US payments system failing to meet the needs of the digital economy
https://www.garlic.com/~lynn/2012e.html#59 Word Length
https://www.garlic.com/~lynn/2012f.html#19 Can Mainframes Be Part Of Cloud Computing?
https://www.garlic.com/~lynn/2012j.html#82 printer history Languages influenced by PL/1
https://www.garlic.com/~lynn/2012l.html#23 PDP-10 system calls, was 1132 printer history
https://www.garlic.com/~lynn/2012l.html#24 "execs" or "scripts"
https://www.garlic.com/~lynn/2012l.html#73 PDP-10 system calls, was 1132 printer history
https://www.garlic.com/~lynn/2012o.html#11 Mainframes are still the best platform for high volume transaction processing
https://www.garlic.com/~lynn/2013.html#72 IBM documentation - anybody know the current tool? (from Mislocated Doc thread)
https://www.garlic.com/~lynn/2013b.html#7 mainframe "selling" points
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 3 Feb 2013 Subject: Fortune's Formula: The Untold Story Of The Scientific Betting System That Beat The Casinos And Wall Street Blog: Google+re:
Fortune's Formula: The Untold Story Of The Scientific Betting System
That Beat The Casinos And Wall Street
http://seekingalpha.com/article/1146341-fortune-s-formula-the-untold-story-of-the-scientific-betting-system-that-beat-the-casinos-and-wall-street
it helps when the game is rigged:
http://nypost.com/2007/03/20/cramer-reveals-a-bit-too-much/
... note the comment that illegal activity has nothing to worry about from the SEC
somewhat along the same lines:
Mary Jo White: Next SEC Chief's "Skeleton in Closet"
http://econintersect.com/b2evolution/blog2.php/2013/02/02/mary-jo-white-next-sec-chief-s-skeleton-in-closet
recent references mentioning Mary Jo White:
https://www.garlic.com/~lynn/2013.html#60 Choice of Mary Jo White to Head SEC Puts Fox In Charge of Hen House
https://www.garlic.com/~lynn/2013.html#68 Choice of Mary Jo White to Head SEC Puts Fox In Charge of Hen House
and then there is scenario where the objective is to maximize skim/fee/commission on the transaction ... regardless of the risk of the underlying transaction ... so the numbers are fabricated,
How Wall Street Lied to Its Computers
http://bits.blogs.nytimes.com/2008/09/18/how-wall-streets-quants-lied-to-their-computers/
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: OT for sidd about physics Newsgroups: alt.folklore.computers Date: Mon, 04 Feb 2013 09:09:02 -0500Mike Spencer <mds@bogus.nodomain.nowhere> writes:
conventional wisdom was the electrical motors would win in competition
with gas engines for vehicles. ford moved from electrical to gasoline &
Model A and sold enough to stay in business ... major break came with
adopting new "french" steel that was three times stronger with the
addition of vanadium ... reduced weight by 2/3rds ... made the Model T a
significantly more attractive vehicle
https://en.wikipedia.org/wiki/Model_T
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: New HD Newsgroups: alt.folklore.computers Date: Mon, 04 Feb 2013 12:23:04 -0500jmfbahciv <See.above@aol.com> writes:
the red-book was superset of the POO ... with each item containing the POO description as well as a lot of architecture trade-offs, implementation considerations, model dependent issues, etc. all intermixed ... as a single document.
the cms script command line options resulted in either producing the full architecture redbook or just the POO subset. part of the isse of moving to cms script was being able to have all the POO stuff intermixed with all the other stuff (not for open publication) ... which tended to improve the quality of updates. Redbook would also include features that still hadn't been announced.
if you had the POO, you could go see the description of what an item is ... if you had the full architecture redbook, you not only got to see the "what" for an item ... but lots of the "why".
now the detailed specs for specific models would be separate from the redbook ... however the redbook might have justification for not doing various alternative designs because of model dependent considerations.
one of the issues was that the original 370 architecture redbook contained the full 370 virtual memory architecutre across all the processors (before announcement). I've periodically mentioned that the 370/165 was running into schedule problems retro-fitting the full virtual memory hardware architecture. 370/165 proposed dropping several features from the 370 virtual memory architecture to gain six months in ship schedule. The arguments were all played out in the "architecture" group that *OWNED* the architecture.
After quite a bit of argument ... it was decided to drop the features ... which met that all the other processors had to remove the dropped features as well as any software already written supporting the dropped features had to be reworked.
one of the dropped features was virtual memory r/o sharing ... which was
already implemented in the other models. also in the morph from cp67/cms
to vm370/cms ... the virtual memory sharing and cms kernel layout had
been reworked for the virtual memory r/o sharing (being able to have a
common copy across all virtual address spaces). When that feature was
dropped, vm370/cms had to drop back to a really, really hokey
implementation to provide r/o sharing. part of the reason that it got
dropped was all of the other operating systems said that they had no
plans for using virtual memory r/o sharing. recent post over in
comp.arch mentioning dropping the r/o sharing disaster:
https://www.garlic.com/~lynn/2013b.html#13 moo cow, was what makes a computer architect great?
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: New HD Newsgroups: alt.folklore.computers Date: Tue, 05 Feb 2013 13:28:13 -0500scott@slp53.sl.home (Scott Lurndal) writes:
from long ago and far away ...
Date: Tue, 10 Jan 95 23:52:09 -0800
From: lynn
they have but together proposal that looks much closer to original
SLAC/SCI objectives and evaluating Suns "SPRING" as an operating system
(SPRING is an advanced technology, OO-implemented, micro, distributed
kernel). Part of "SPRING" contribution were from some of the Berkeley
Sprite filesystem people (stateful, scallable, high performance
... vis-a-vis nsf). Tic chip would allow very high speed interconnect &
intraconnect between machine clusters (both memory bus & i/o).
... snip ... top of post, old email index
some past spring/doe posts:
https://www.garlic.com/~lynn/2000e.html#48 Where are they now : Taligent and Pink
https://www.garlic.com/~lynn/2001j.html#32 Whom Do Programmers Admire Now???
https://www.garlic.com/~lynn/2002m.html#60 The next big things that weren't
https://www.garlic.com/~lynn/2003d.html#45 IBM says AMD dead in 5yrs ... -- Microsoft Monopoly vs. IBM
https://www.garlic.com/~lynn/2003e.html#28 A Speculative question
https://www.garlic.com/~lynn/2003e.html#51 A Speculative question
https://www.garlic.com/~lynn/2007g.html#69 The Perfect Computer - 36 bits?
https://www.garlic.com/~lynn/2007l.html#1 The top 10 dead (or dying) computer skills
https://www.garlic.com/~lynn/2008.html#46 Computer Science Education: Where Are the Software Engineers of Tomorrow?
https://www.garlic.com/~lynn/2008b.html#22 folklore indeed
https://www.garlic.com/~lynn/2008e.html#24 Berkeley researcher describes parallel path
https://www.garlic.com/~lynn/2008i.html#3 Microsoft versus Digital Equipment Corporation
https://www.garlic.com/~lynn/2008p.html#33 Making tea
https://www.garlic.com/~lynn/2009f.html#17 Opinion: The top 10 operating system stinkers
https://www.garlic.com/~lynn/2010d.html#80 Senior Java Developer vs. MVS Systems Programmer
https://www.garlic.com/~lynn/2010e.html#18 Senior Java Developer vs. MVS Systems Programmer (warning: Conley rant)
https://www.garlic.com/~lynn/2010f.html#47 Nonlinear systems and nonlocal supercomputing
https://www.garlic.com/~lynn/2010g.html#9 Far and near pointers on the 80286 and later
https://www.garlic.com/~lynn/2010g.html#53 Far and near pointers on the 80286 and later
https://www.garlic.com/~lynn/2011k.html#50 The real reason IBM didn't want to dump more money into Blue Waters
https://www.garlic.com/~lynn/2012c.html#3 zSeries Manpower Sizing
https://www.garlic.com/~lynn/2012f.html#94 Time to competency for new software language?
https://www.garlic.com/~lynn/2013.html#27 Java Security?
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From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: Rejoice! z/OS 2.1 addresses some long term JCL complaints from here: Newsgroups: bit.listserv.ibm-main Date: 5 Feb 2013 11:45:00 -0800steve@TRAINERSFRIEND.COM (Steve Comstock) writes:
one of her tasks in the JES group was part of the ASP catchers to turn it into JES3 ... she did a lot of the initial type-1 documentation.
she then did JESUS ... JES Unified System ... the essential features from both JES2 & JES3 that the respective customers couldn't live w/o ... internal politics prevented it from getting very far.
old post
https://www.garlic.com/~lynn/2011d.html#73 Multiple Virtual Memory
with lots of old tales ... justification for adding virtual memory to MVT, other stuff. I had done various stuff with HASP as undergraduate in the 60s.
Simpson, Crabtree and others at Houston Manned Space Center, used their experience on Moonlight (DCS) system for HASP (Houston Automatic Spooling Priority System). At the same time, west region used their experience with Moonlight to create ASP.
some more discussion of "Project Moonlight" (effort to extend life of
7090/7094) ... says somebody's notes from a share 79 presentation:
http://computer-programming-forum.com/10-asm370/c0d31d8bd52f759c.htm
session O441 - The History of HASP and JES2 ... SHARE 79
http://www.redbug.org/dba/sharerpt/share79/o441.html
I was has at the March 1968 houston share meeting ... I had done a whole lot of work on HASP & MFT ... but I was also doing a lot of work on cp67 ... I was at the session for the science center announcement for (virtual machine) cp67 ... but also went to HASP sessions.
other trivia mentioned in above ... refers to HASP networking turning into JES2 networking coming from a univ. for long time the code running on the internal network nodes still carried "TUCC" identifier in all the source cards. problem was thatq the networking support JES2 inherited used left-over entries in the 255-slot psuedo device table and would trash traffic where either the origin &/or destination was defined in the table (usually limited to around 160 entries). the internal network was very quickly more than 255 entries ... so required limiting HASP/JES2 nodes to boundaries to keep them from excessively trashing traffic. The other characteristic was that header had mixed up JES2 and networking information ... and traffic between different JES2 systems could result in system crashes and requiring MVS to be rebooted.
misc. past posts mentioning HASP &/or JES2
https://www.garlic.com/~lynn/submain.html#hasp
misc. past posts mentioning internal network
https://www.garlic.com/~lynn/subnetwork.html#internalnet
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: AT&T Holmdel Computer Center films, 1973 Unix Newsgroups: alt.folklore.computers Date: Tue, 05 Feb 2013 22:18:07 -0500first two in tandem memos in this post
ohter recent posts mentioning tandem memos
https://www.garlic.com/~lynn/2013.html#11 How do we fight bureaucracy and bureaucrats in IBM?
https://www.garlic.com/~lynn/2013.html#12 How do we fight bureaucracy and bureaucrats in IBM?
https://www.garlic.com/~lynn/2013.html#19 How do we fight bureaucracy and bureaucrats in IBM?
https://www.garlic.com/~lynn/2013.html#43 AT&T Holmdel Computer Center films, 1973 Unix
random other from tandem memos
Date: 07/06/81 09:23:09
To: wheeler
re: Rewards for excellent work
Last week, a special edition of the POK IBM News was published. It
had names and pictures of all the people who received Outstanding
Innovation Awards and Division Awards for their work on the 3081.
A quick count shows that 50 of the people are managers, while only 22
are non-managers.
... snip ... top of post, old email index
other discussion about 3081
http://www.jfsowa.com/computer/memo125.htm
related to future system
https://www.garlic.com/~lynn/submain.html#futuresys
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: New HD Newsgroups: alt.folklore.computers Date: Wed, 06 Feb 2013 10:46:11 -0500Patrick Scheible <kkt@zipcon.net> writes:
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From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 6 Feb 2013 Subject: Still think the mainframe is going away soon: Think again. IBM mainframe computer sales are 4% of IBM's revenue; with software, services, and storage it's 25% Blog: Enterprise Systemsre:
mainframe 2009/$5.065B, 2010/$5.448B, 2011/$5.745B, 2012/$5.487B
max configured z196 w/80 processors and rated at 50BIPS goes for $28M or $560,000/BIPS.
Then total mainframe sales for past four years is $21.745B and at $560,000/BIPS translates into aggregate of 39TIPS of processing power or the approx. equivalent of 777 max configured z196. This is when both private and public cloud mega datacenters are talking about aggregate processing power measured in thousands of TIPS.
The bottom of the 500 top supercomputer list is at 76TFLOPS and the processors tend to run higher non-floating-pointing (aka integer, MIPS, BIPS, TIPS) than their floating-point ratings (MFLOPS, BFLOPS, TFLOPS, PFLOPS) ... so the slowest entry on the top 500 list has 2-3 times the processing power than the total of all mainframes sold in the last four years.
reply to pst in thread: Simple ... provide equivalent corresponding links, otherwise it sounds like FUD.
as an aside ... I've frequently posted open competitive benchmark
references including both SPEC and TPC ... where IBM has hundreds of
benchmarks submitted for everything except its mainframe. ... for
instance top-ten tpc
http://www.tpc.org/tpcc/results/tpcc_perf_results.asp
as a result, it takes quite a bit of digging to come up with comparison ... but a possible explanation is that there is no strategy to market mainframes in competitive market.
for the fun of it, I've been running bits&pieces from Tandem Menos
(aka in the late 70s and early 80s, I was blamed for online computer
conferencing on the internal network, folklore is when executive
committee was told, 5of6 wanted to fire me; various executives were
also casting aspersions on my possible motives)
https://www.garlic.com/~lynn/2013.html#47 ..
https://www.garlic.com/~lynn/2013b.html#23 ..
Date: 05/05/81 11:18:07
To: wheeler
I have seen MIPENVY before, and agree with what Jim Gray says. South
Road Lab runs something like 18 CPU's for Poughkeepsie and
Fishkill. They have a staff of about 360 people. This averages out to
20 people per system! Where are the economies of scale? We get charged
for 10 people to support the 3033 they run for us. For this, we get
one (1) operator first shift, one systems programmer, and one person
to take care of directory updates. The other 7 people are charged to
overhead.
By comparison, we have been running our 4 VM systems with about 8
people.
... snip ... top of post, old email index
copy of MIP ENVY
https://www.garlic.com/~lynn/2007d.html#email800920
post also has references to "MIP envy" and "Tandem Memos" from IBM
jargon
https://www.garlic.com/~lynn/2007d.html#17 Jim Gray Is Missing
at the time, across the street in bldgs. 14&15 (disk engineering
& product test labs) ... they had been running lots of stand-alone
mainframes for development & test activities (including frequently
the first engineering models after what the first couple needed by the
processor engineers, 3033, 4341, etc). This was dedicated, scheduled,
around the cock, 7x24 ... supporting only one test at a time. At one
point they had tried running MVS in order to support multiple,
concurrent, on-demand testing ... but found that in that environment
MVS had 15min MTBF (requiring re-ipl) with only single device. I
offered to do a bullet proof, never fail, input/output supervisor that
was eventually running on all their machines ... significantly
increasing their productivity with anytime, concurrent, on-demand
testing ... with lots of spare cycles for online service (something
that I supported as hobby in my spare time). I wrote an internal
document on the activity and the MVS group appeared to try and get my
fired (for mentioning the MVS 15min MTBF) and when that didn't work,
do as much damage as possible to my career. A side effect was anytime
there was some serious problem, I would get called ... which would
frequently get me involved in diagnosing hardware engineering/design
issues. misc. past posts getting to play disk engineer in
bldgs. 14&15
https://www.garlic.com/~lynn/subtopic.html#disk
as an aside, Tandem Memos started out as trip report visiting Jim Gray
at Tandem ... after he left San Jose Research (where is was one of
major people responsible for original relational/sql implementation).
some past posts
https://www.garlic.com/~lynn/submain.html#systemr
Later on Jim was one of the principle people responsible for TPC
benchmarks and the TPC council
https://www.tpc.org/information/who/gray5.asp
how 'bout publishing tpc benchmarks for mainframes ... just like ibm does for all its other platforms and all the other vendors do??? make things a lot less difficult ... and might clarify what looks like bunch of FUD, obfuscation and misdirection.
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: New HD Newsgroups: alt.folklore.computers Date: Wed, 06 Feb 2013 16:59:16 -0500Patrick Scheible <kkt@zipcon.net> writes:
23jun69 "unbundling" starting to charge for application software, SE
services, hardware maintenance, etc ... but managed to make the case
that kernel software was still free ... some past posts
https://www.garlic.com/~lynn/submain.html#unbundle
also under constraints that price had to cover development & other costs ... which was quite traumatic for some organizations ... however the requirement could be fuzzed where development organization could "grouped".
part of the practice was forecasting at 3 price points (low, medium, and high); there were fixed costs per copy ... but there was also upfront development costs. low-price had to cover the per copy costs plus have large enough forecast (aka sales) to also cover the upfront/development costs.
various of the software organizations were so bloated that there was no price point forecast that could cover costs. that was where grouping came in. case in point was JES2 networking ... there was no forecast at any price that would cover the JES2 networking cost. They eventually got around it by making a combined announcement of both JES2 and VM370 networking ... where they both had the same (relatively high) price. VM370 networking had such small upfront development and support costs that a price of nearly media distribution would have been satisfactory. However, making it a combined announcement, both priced the same ... in effect nearly all the money from vm370 networking subsidized JES2 networking.
The vm370 had tended to be much leaner&agile software development ... especially at first (although over the years, it tended to acquire much more of the traditional corporate bureaucracy) ... and there were other instances where they used the efficiency of vm370 product to subsize some MVS product.
a large part of what kicked of "tandem memos" discussion from my
distributed observations after visiting Jim at Tandem
https://www.garlic.com/~lynn/2013.html#47 AT&T Holmdel Computer Center films, 1973 Unix
was the coding efficency numbers ... which were significantly higher
than the IBM corporate avgs. some more recent extracts from tandem
memos
https://www.garlic.com/~lynn/2013b.html#23 AT&T Holmdel Computer Center films, 1973 Unix
https://www.garlic.com/~lynn/2013b.html#25 Still think the mainframe is going away soon: Think again. IBM mainframe computer sales are 4% of IBM's revenue; with software, services, and storage it's 25%
there have been several references that the distraction of FS allowed
the clone processors to get market foothold (aka 370 software/hardware
efforts being killed off)
https://www.garlic.com/~lynn/submain.html#futuresys
then with the death of FS, there was mad rush to get items back into the
370 product pipelines ... which contributed to decision to release
various software that I had continued to do all thru the FS period. The
other result was the decision was made to start charging for kernel
software ... and one of my pieces ... was selected to guinea pig for
priced kernel software.
https://www.garlic.com/~lynn/subtopic.html#fairshare
initially charged for kernel software were separate "add-ons" ... but over a period of a couple years ... the transition was made charging for increasing amounts of the kernel ... until all kernel software was charged for. then after that were the OCO-wars ... where not only was all software charged for ... but source code would no longer be shipped standard.
misc. past posts mentioning price-point forecasting ... and combined
products where some software products subsidized tohers
https://www.garlic.com/~lynn/2000d.html#17 Where's all the VMers?
https://www.garlic.com/~lynn/2001m.html#33 XEDIT on MVS
https://www.garlic.com/~lynn/2002n.html#3 Tweaking old computers?
https://www.garlic.com/~lynn/2004d.html#62 microsoft antitrust
https://www.garlic.com/~lynn/2005e.html#35 Thou shalt have no other gods before the ANSI C standard
https://www.garlic.com/~lynn/2005t.html#40 FULIST
https://www.garlic.com/~lynn/2006k.html#50 TSO and more was: PDP-
https://www.garlic.com/~lynn/2009s.html#46 DEC-10 SOS Editor Intra-Line Editing
https://www.garlic.com/~lynn/2010b.html#44 sysout using machine control instead of ANSI control
https://www.garlic.com/~lynn/2010g.html#6 Call for XEDIT freaks, submit ISPF requirements
https://www.garlic.com/~lynn/2011b.html#6 Mainframe upgrade done with wire cutters?
https://www.garlic.com/~lynn/2011h.html#62 Do you remember back to June 23, 1969 when IBM unbundled
https://www.garlic.com/~lynn/2012f.html#62 Hard Disk Drive Construction
https://www.garlic.com/~lynn/2012n.html#64 Should you support or abandon the 3270 as a User Interface?
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 7 Feb 2013 Subject: More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence Blog: Financial Crime Risk, Fraud and Securityre:
Expert Witnesses Starting to Take on Forgeries in Foreclosures
http://www.nakedcapitalism.com/2013/02/expert-witnesses-starting-to-take-on-forgeries-in-foreclosures.html
Congress Begins Investigation of Botched Foreclosure Review Cover-Up
Settlement
http://www.nakedcapitalism.com/2013/02/shoes-dropping-in-the-aftermath-of-botched-foreclosure-review-cover-up-settlement.html
Will Federal Home Loan Banks' Lawsuit Derail Bank of America's $8.5
Billion Settlement?
http://www.nakedcapitalism.com/2013/02/will-federal-home-loan-banks-lawsuit-derail-bank-of-americas-8-5-billion-settlement.html
Bank of America Foreclosure Reviews: How the Cover-Up Happened (Part
IVB)
http://www.nakedcapitalism.com/2013/02/bank-of-america-foreclosure-reviews-how-the-cover-up-happened-part-ivb.html
and somewhat related
Judge Rakoff Delivers Big Blow to Bank of America and JP Morgan in
Flagstar Mortgage Putback Ruling
http://www.nakedcapitalism.com/2013/02/judge-rakoff-delivers-big-blow-to-bank-of-america-and-jp-morgan-in-flagstar-ruling.html
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 07 Feb 2013 Subject: Neil Barofsky: Geithner Doctrine Lives on in Libor Scandal Blog: Google+re:
Neil Barofsky: Geithner Doctrine Lives on in Libor Scandal
http://www.nakedcapitalism.com/2013/02/neil-barofsky-geithner-doctrine-lives-on-in-libor-scandal.html
from above:
The "Geithner doctrine" made the preservation of the largest banks, no
matter the consequences, a top priority of the US government. Aside
from moral hazard, it has also meant the perversion of the US criminal
justice system. The US faces a two-tiered system of justice that, if
left unchecked by the incoming Treasury and regulatory teams, all but
assures more excessive risk-taking, more crime and more crisis.
... snip ...
Santelli On The Hypocrisy Of The Elites: "No One Will Ever Take Away
The Punchbowl"
http://www.zerohedge.com/news/2013-02-07/santelli-hypocrisy-elites-no-one-will-ever-take-away-punchbowl
from above:
The crony capitalism of Geithner's proximity to Rubin's Citi during
the dark days - especially considering the increasing evidence in book
after book - prompts Santelli to suggest we "draw our own conclusions".
... snip ...
misc. past posts referencing Libor &/or too-big-to-jail:
https://www.garlic.com/~lynn/2010m.html#24 Little-Noted, Prepaid Rules Would Cover Non-Banks As Wells As Banks
https://www.garlic.com/~lynn/2010q.html#58 Programmer Charged with thieft (maybe off topic)
https://www.garlic.com/~lynn/2011.html#50 What do you think about fraud prevention in the governments?
https://www.garlic.com/~lynn/2011f.html#52 Are Americans serious about dealing with money laundering and the drug cartels?
https://www.garlic.com/~lynn/2011n.html#49 The men who crashed the world
https://www.garlic.com/~lynn/2012e.html#16 Wonder if they know how Boydian they are?
https://www.garlic.com/~lynn/2012e.html#35 The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
https://www.garlic.com/~lynn/2012e.html#37 The $30 billion Social Security hack
https://www.garlic.com/~lynn/2012f.html#88 Defense acquisitions are broken and no one cares
https://www.garlic.com/~lynn/2012g.html#9 JPM LOSES $2 BILLION USD!
https://www.garlic.com/~lynn/2012g.html#20 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012i.html#14 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#76 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012i.html#77 'Inexperienced' RBS tech operative's blunder led to banking meltdown
https://www.garlic.com/~lynn/2012i.html#85 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012i.html#87 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012i.html#92 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012i.html#94 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012j.html#4 Interesting News Article
https://www.garlic.com/~lynn/2012j.html#15 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012j.html#19 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012j.html#25 This Is The Wall Street Scandal Of All Scandals
https://www.garlic.com/~lynn/2012j.html#37 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012j.html#49 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012k.html#37 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?
https://www.garlic.com/~lynn/2012m.html#30 General Mills computer
https://www.garlic.com/~lynn/2012n.html#0 General Mills computer
https://www.garlic.com/~lynn/2012n.html#55 U.S. Sues Wells Fargo, Accusing It of Lying About Mortgages
https://www.garlic.com/~lynn/2012o.html#10 OT: Tax breaks to Oracle debated
https://www.garlic.com/~lynn/2012o.html#73 These Two Charts Show How The Priorities Of US Companies Have Gotten Screwed Up
https://www.garlic.com/~lynn/2012p.html#20 HSBC, SCB Agree to AML Penalties
https://www.garlic.com/~lynn/2012p.html#24 OCC Confirms that Big Banks are Badly Managed, Lack Adequate Risk Management Controls
https://www.garlic.com/~lynn/2012p.html#30 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2012p.html#39 UBS Faces Potential LIBOR Fine Of $1 Billion -- Twice What Barclays Paid
https://www.garlic.com/~lynn/2012p.html#48 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2012p.html#54 UBS Faces Potential LIBOR Fine Of $1 Billion -- Twice What Barclays Paid
https://www.garlic.com/~lynn/2012p.html#62 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2012p.html#64 IBM Is Changing The Terms Of Its Retirement Plan, Which Is Frustrating Some Employees
https://www.garlic.com/~lynn/2013.html#4 HSBC's Settlement Leaves Us In A Scary Place
https://www.garlic.com/~lynn/2013.html#34 How Bankers Help Drug Traffickers and Terrorists
https://www.garlic.com/~lynn/2013.html#35 Does the UK Government Really Want us to Report Fraud?
https://www.garlic.com/~lynn/2013.html#44 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#50 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#0 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#1 Libor Lies Revealed in Rigging of $300 Trillion Benchmark
https://www.garlic.com/~lynn/2013b.html#4 Libor Lies Revealed in Rigging of $300 Trillion Benchmark
https://www.garlic.com/~lynn/2013b.html#9 How to Cut Megabanks Down to Size
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 08 Feb 2013 Subject: Destructive Destruction? An Ecological Study of High Frequency Trading Blog: Google+re:
Destructive Destruction? An Ecological Study of High Frequency Trading
http://www.thetradingmesh.com/pg/blog/bogodin/read/71032/destructive-destruction-an-ecological-study-of-high-frequency-trading
and
Dear SEC, This Is HFT "Cheating" At Its Most Obvious. Regards,
Everyone Else
http://www.zerohedge.com/news/2013-01-04/dear-sec-hft-cheating-its-most-obvious-regards-everyone-else
The HFT-Induced Extinction Of Retail Investors
http://www.zerohedge.com/news/2013-01-06/guest-post-hft-induced-extinction-retail-investors
High-frequency stock trading of little value to investors, public
http://news.illinois.edu/news/13/0110highfrequencytrading_MaoYe.html
older:
How Targeted Quote Stuffing "Denial Of Service" Attacks Make Stock
Trading Impossible
http://www.zerohedge.com/news/2012-11-04/how-targeted-quote-stuffing-denial-service-attacks-make-stock-trading-impossible
HFT Stock Manipulation Caught On Tape
http://www.zerohedge.com/article/hft-stock-manipulation-caught-tape
Revisiting May 6: How Quote Stuffing Made The Flash Crash Far More
Severe Than It Should Have Been
http://www.zerohedge.com/article/revisiting-may-6-how-quote-stuffing-made-flash-crash-far-more-severe-it-should-have-been
past HFT/high-frequency posts
https://www.garlic.com/~lynn/2010q.html#44 Programmer Charged with thieft (maybe off topic)
https://www.garlic.com/~lynn/2012c.html#13 Study links ultrafast machine trading with risk of crash
https://www.garlic.com/~lynn/2012c.html#21 Study links ultrafast trading with risk of crash
https://www.garlic.com/~lynn/2012f.html#86 The Dangers of High-Frequency Trading; Wall Street's Speed Freaks
https://www.garlic.com/~lynn/2012g.html#22 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#73 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#84 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#31 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012h.html#32 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#37 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#66 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012j.html#85 Study: One in Five Firms Misrepresent Earnings
https://www.garlic.com/~lynn/2012k.html#22 Four Signs Your Awesome Investment May Actually Be A Ponzi Scheme
https://www.garlic.com/~lynn/2012k.html#39 History--punched card transmission over telegraph lines
https://www.garlic.com/~lynn/2012m.html#44 General Mills computer
https://www.garlic.com/~lynn/2012n.html#7 General Mills computer
https://www.garlic.com/~lynn/2013.html#2 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2013.html#42 Professor Coffee Hits a Nerve at SEC
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 8 Feb 2013 Subject: Email Trails Show Bankers Behaving Badly Blog: Financial Crime Risk, Fraud and SecurityEmail Trails Show Bankers Behaving Badly
E-Mails Imply JPMorgan Knew Some Mortgage Deals Were Bad
http://dealbook.nytimes.com/2013/02/06/e-mails-imply-jpmorgan-knew-some-mortgage-deals-were-bad/
In Actions, S.&P. Risked Andersen's Fate
http://www.nytimes.com/2013/02/08/business/sp-may-have-tempted-arthur-andersens-fate.html
note that in the oct2008 congressional hearings into the roles that the rating agencies played in the financial mess ... there was lots of testimony that both the sellers and the rating agencies knew that the toxic CDOs weren't worth triple-A. Some news commentator at the time mentioned that the rating agencies would likely avoid federal criminal prosecution by blackmailing the federal gov. with the threat of a gov. credit rating downgrade
Credit Ratings Agencies Are Pimps of Wall Street -- It's Time to Ban
Them!
http://www.nakedcapitalism.com/2013/02/lynn-parramore-credit-ratings-agencies-are-pimps-of-wall-street-its-time-to-ban-them.html
as an aside ... besides all the other stuff that SEC wasn't doing anything about ... that includes all the additional authority under Sarbanes-Oxley ... SOX also had section about SEC doing something about credit rating agencies.
recent posts about financial industry behaving baldy/fraudulently
https://www.garlic.com/~lynn/2013.html#41 More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
https://www.garlic.com/~lynn/2013.html#44 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#50 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#51 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#54 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#57 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#66 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#73 More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
https://www.garlic.com/~lynn/2013b.html#0 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#9 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#12 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#16 More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
https://www.garlic.com/~lynn/2013b.html#27 More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
past posts reference SEC, sarbanes-oxley, rating agencies:
https://www.garlic.com/~lynn/2008o.html#68 Blinkenlights
https://www.garlic.com/~lynn/2008o.html#71 Why is sub-prime crisis of America called the sub-prime crisis?
https://www.garlic.com/~lynn/2008p.html#8 Global Melt Down
https://www.garlic.com/~lynn/2008q.html#19 Collateralized debt obligations (CDOs)
https://www.garlic.com/~lynn/2008s.html#8 Top financial firms of US are eyeing on bailout. It implies to me that their "Risk Management Department's" assessment was way below expectations
https://www.garlic.com/~lynn/2008s.html#9 Blind-sided, again. Why?
https://www.garlic.com/~lynn/2008s.html#20 Five great technological revolutions
https://www.garlic.com/~lynn/2008s.html#24 Garbage in, garbage out trampled by Moore's law
https://www.garlic.com/~lynn/2008s.html#30 How reliable are the credit rating companies? Who is over seeing them?
https://www.garlic.com/~lynn/2009.html#15 What are the challenges in risk analytics post financial crisis?
https://www.garlic.com/~lynn/2009.html#52 The Credit Crunch: Why it happened?
https://www.garlic.com/~lynn/2009.html#73 CROOKS and NANNIES: what would Boyd do?
https://www.garlic.com/~lynn/2009b.html#37 A great article was posted in another BI group: "To H*** with Business Intelligence: 40 Percent of Execs Trust Gut"
https://www.garlic.com/~lynn/2009b.html#54 In your opinion, which facts caused the global crise situation?
https://www.garlic.com/~lynn/2009b.html#57 Credit & Risk Management ... go Simple ?
https://www.garlic.com/~lynn/2009b.html#59 As bonuses...why breed greed, when others are in dire need?
https://www.garlic.com/~lynn/2009b.html#73 What can we learn from the meltdown?
https://www.garlic.com/~lynn/2009b.html#80 How to defeat new telemarketing tactic
https://www.garlic.com/~lynn/2009c.html#1 Audit II: Two more scary words: Sarbanes-Oxley
https://www.garlic.com/~lynn/2009d.html#0 PNC Financial to pay CEO $3 million stock bonus
https://www.garlic.com/~lynn/2009d.html#37 NEW SEC (Enforcement) MANUAL, A welcome addition
https://www.garlic.com/~lynn/2009d.html#42 Bernard Madoff Is Jailed After Pleading Guilty -- are there more "Madoff's" out there?
https://www.garlic.com/~lynn/2009d.html#62 Is Wall Street World's Largest Ponzi Scheme where Madoff is Just a Poster Child?
https://www.garlic.com/~lynn/2009d.html#73 Should Glass-Steagall be reinstated?
https://www.garlic.com/~lynn/2009f.html#51 On whom or what would you place the blame for the sub-prime crisis?
https://www.garlic.com/~lynn/2009g.html#7 Just posted third article about toxic assets in a series on the current financial crisis
https://www.garlic.com/~lynn/2009g.html#33 Treating the Web As an Archive
https://www.garlic.com/~lynn/2009i.html#60 In the USA "financial regulator seeks power to curb excess speculation."
https://www.garlic.com/~lynn/2009j.html#12 IBM identity manager goes big on role control
https://www.garlic.com/~lynn/2010h.html#15 The Revolving Door and S.E.C. Enforcement
https://www.garlic.com/~lynn/2010h.html#67 The Python and the Mongoose: it helps if you know the rules of engagement
https://www.garlic.com/~lynn/2010i.html#48 "Fraud & Stupidity Look a Lot Alike"
https://www.garlic.com/~lynn/2010l.html#38 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010n.html#35 Idiotic programming style edicts
https://www.garlic.com/~lynn/2011e.html#36 On Protectionism
https://www.garlic.com/~lynn/2011f.html#35 At least two decades back, some gurus predicted that mainframes would disappear
https://www.garlic.com/~lynn/2011o.html#82 How Pursuit of Profits Kills Innovation and the U.S. Economy
https://www.garlic.com/~lynn/2012c.html#37 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#54 PC industry is heading for more change
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Ethernet at 40: Its daddy reveals its turbulent youth Newsgroups: alt.folklore.computers Date: Sat, 09 Feb 2013 16:17:48 -0500Ethernet at 40: Its daddy reveals its turbulent youth
from above:
Bob Metcalfe: How Token Ring and 'IBM's arrogance' nearly sank Big Blue
When Bob Metcalfe, the prime mover behind the invention of Ethernet,
recently visited the site of that invention, Xerox's Palo Alto Research
Center (PARC), The Reg had the opportunity to sit down with him to
discuss the history of Ethernet, its advantages over Token Ring, and
IBM's perfidy.
... snip ...
I saw quiet a few of these.
A co-worker had left IBM and working as consultant for chip houses in silicon valley. He had one customer that was using vm370/cms on 3081 with SGI workstations. He had got AT&T C compiler working on cms, fixed lots of bugs and made a lot of performance enhancements ... and was running a lot of c-language chip design tools on vm370/cms. One day the IBM rep came in and asked him what he was doing ... and he said writing ethernet mainframe support to allow SGI workstations to directly connect to the mainframe. The IBM rep told him that he should instead write Token-Ring support ... or they might find the timeliness of 3081 maintenance not quite what they were use to.
This set off a tirade ... I almost immediately got a call and had to listen to an hour or so of four letter words. The next morning the engineering executive VP called a press conference and announced that they were replacing their IBM mainframe with sun servers.
Later we had come up with 3-tier network architecture. It had originally been used in response to RFI from gov. agency on a very large, bleeding edge, distributed (& super secure) network operation. And then we were out pitching it to customers executives ... it was all ethernet, high-performance tcp/ip, lots of mainframes mixed with lots of other components ... and internally we were taking lots of arrows in the back from the Token-Ring, SNA, and SAA folks. In the RFI, there was references to middle layer ... sort of superset of current middleware.
The Dallas E&S center had released a report comparing Token-Ring and Ethernet ... but the numbers they used possibly was very early 3mbit/sec ethernet before listen before transmit. At the same time, the new Almaden bldg (which had been heavily wired with CAT4) found that 10mbit ethernet had both lower latency and higher aggregate lan throughput than 16mbit token-ring (using the same CAT4).
misc. past posts mentioning 3-tier &/or battles with t/r, san, & saa
https://www.garlic.com/~lynn/subnetwork.html#3tier
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Ethernet at 40: Its daddy reveals its turbulent youth Newsgroups: alt.folklore.computers Date: Sat, 09 Feb 2013 17:02:05 -0500re:
then there was: "Measured Capacity of Ethernet: Myths and Reality" in proceedings of ACM SIGCOMM, 8/16-19, 1988, V18N4
...which showed typical ethernet configuration ... and if all stations were running low-level device driver loop, constantly transmitting minimum-sized ethernet packets ... the effective aggregate lan thruput dropped off to 8.5mbits/sec
another part of the issue was the communication group was heavily fighting the client/server and distributed computing wars, attempting to preserve their terminal emulation install base. the workstation division for the pc/rt had done their own (16bit at bus) 4mbit t/r card. for the rs/6000 (with microchannel bus), corporate had directed that only ps2 microchannel cards could be used (the workstation division couldn't do their own cards). all of the ps2 microchannel cards had low-throughput design ... and the ps2 microchannel 16mbit t/r card had lower per card throughput than the pc/rt 4mbit t/r card (i.e. a pc/rt server with 4mbit t/r card would have higher throughput than rs/6000 with microchannel 16mbit t/r card) ... this is separate issue than 16mbit t/r having lower aggregate lan throughput than 10mbit ethernet.
3270 terminals & terminal emulation had run into deployment problems where end-to-end coax was starting to represent bldg floor loading issues for some customers. Token-ring was positioned to provide mainframe terminal emulation connectivity but w/o the enormous floor loading weight of coax. The PS2 16mbit t/r cards had design point of 300 or more terminal emulation PCs all sharing the same aggregate bandwidth.
late 80s, senior disk engineer got a talk scheduled at the internal,
world-wide, annual communication group conference and opened the talk
with statement that the communication group was going to be responsible
for the demise of the disk division. the issue was that the
communication group had stranglehold on the datacenter and the disk
division was seeing drop in disk sales as data was fleeing the
datacenter for more distributed computing friendly platforms. The disk
division had come up with a number of solutions to address the problem
which were constantly vetoed by the communication ... having strategic
ownership of everything that cross the datacenter walls (and protecting
their terminal emulation install base). past posts mentioning the
terminal emulation
https://www.garlic.com/~lynn/subnetwork.html#terminal
misc. past posts mentioning pc/rt 4mbit t/r compared to rs6000
16mbit t/r
https://www.garlic.com/~lynn/2002g.html#9 IBM MIcrochannel??
https://www.garlic.com/~lynn/2002q.html#40 ibm time machine in new york times?
https://www.garlic.com/~lynn/2004p.html#59 IBM 3614 and 3624 ATM's
https://www.garlic.com/~lynn/2005h.html#12 practical applications for synchronous and asynchronous communication
https://www.garlic.com/~lynn/2005q.html#20 Ethernet, Aloha and CSMA/CD -
https://www.garlic.com/~lynn/2005q.html#21 Ethernet, Aloha and CSMA/CD -
https://www.garlic.com/~lynn/2005q.html#38 Intel strikes back with a parallel x86 design
https://www.garlic.com/~lynn/2005u.html#50 Channel Distances
https://www.garlic.com/~lynn/2006l.html#35 Token-ring vs Ethernet - 10 years later
https://www.garlic.com/~lynn/2006l.html#36 Token-ring vs Ethernet - 10 years later
https://www.garlic.com/~lynn/2007g.html#81 IBM to the PCM market
https://www.garlic.com/~lynn/2008e.html#21 MAINFRAME Training with IBM Certification and JOB GUARANTEE
https://www.garlic.com/~lynn/2008r.html#37 What if the computers went back to the '70s too?
https://www.garlic.com/~lynn/2009e.html#60 Mainframe Hall of Fame: 17 New Members Added
https://www.garlic.com/~lynn/2009j.html#64 A Complete History Of Mainframe Computing
https://www.garlic.com/~lynn/2009l.html#15 SNA: conflicting opinions
https://www.garlic.com/~lynn/2009p.html#16 WSJ.com - IBM Puts Executive on Leave
https://www.garlic.com/~lynn/2009r.html#15 Small Server Mob Advantage
https://www.garlic.com/~lynn/2010e.html#67 search engine history, was Happy DEC-10 Day
https://www.garlic.com/~lynn/2010h.html#23 What is the protocal for GMT offset in SMTP (e-mail) header
https://www.garlic.com/~lynn/2010h.html#63 25 reasons why hardware is still hot at IBM
https://www.garlic.com/~lynn/2010o.html#4 When will MVS be able to use cheap dasd
https://www.garlic.com/~lynn/2010o.html#57 So why doesn't the mainstream IT press seem to get the IBM mainframe?
https://www.garlic.com/~lynn/2010p.html#34 TCM's Moguls documentary series
https://www.garlic.com/~lynn/2011b.html#64 If IBM Hadn't Bet the Company
https://www.garlic.com/~lynn/2011g.html#43 My first mainframe experience
https://www.garlic.com/~lynn/2011i.html#60 Speed matters: how Ethernet went from 3Mbps to 100Gbps... and beyond
https://www.garlic.com/~lynn/2011o.html#35 Soups
https://www.garlic.com/~lynn/2011o.html#90 Has anyone successfully migrated off mainframes?
https://www.garlic.com/~lynn/2011p.html#50 Hello?
https://www.garlic.com/~lynn/2012.html#92 Has anyone successfully migrated off mainframes?
https://www.garlic.com/~lynn/2012e.html#61 "25 Years of IBM's OS/2"
https://www.garlic.com/~lynn/2012g.html#37 Hard drives: A bit of progress
https://www.garlic.com/~lynn/2012n.html#70 Under what circumstances would it be a mistake to migrate applications/workload off the mainframe?
https://www.garlic.com/~lynn/2012o.html#40 PC/mainframe browser(s) was Re: 360/20, was 1132 printer history
https://www.garlic.com/~lynn/2012p.html#9 3270s & other stuff
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Ethernet at 40: Its daddy reveals its turbulent youth Newsgroups: alt.folklore.computers Date: Sat, 09 Feb 2013 20:09:23 -0500re:
there was actually lots of misinformation, misdirection and obfuscation. TCP/IP is the technology basis for modern internet, NSFNET backbone was the operational basis for the modern internet and CIX was the business basis for the modern internet.
NSFNET backbone started out to be interconnect between the NSF supercomputing centers and we were to get $20M for the implementation. Then congress cut the budget and some number of other things and finally an RFP was released. Internal politics prevented us from bidding; the NSF director tried to help by writing the company a letter 3Apr1986, NSF Director to IBM Chief Scientist and IBM Senior VP and director of Research, copying IBM CEO) ... but that just made the internal politics worse.
The communication group was out spreading all sorts of mis-information
(not just about ethernet and token-ring). Somebody in the
communication group was collecting lots of the misinformation email
and sent us a package of the email (sort of early/little wikileaks);
very small portion posted here:
https://www.garlic.com/~lynn/2006w.html#email870109
other old NSFNET related email
https://www.garlic.com/~lynn/lhwemail.html#nsfnet
of course their misinformation wasn't just limited to ethernet, token-ring, tcp/ip and/or NSFNET.
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 10 Feb 2013 Subject: Ethernet at 40: Its daddy reveals its turbulent youth Blog: Google+re:
of course in the early 90s it was major factor driving the corporation
into the red ... and things were on the verge of breaking up the
company ... before Gerstner was brought in to resurrect the company
... old "baby blue" article (corporate restructure in preparation for
breakup)
https://web.archive.org/web/20101120231857/http://www.time.com/time/magazine/article/0,9171,977353,00.html
at the time, there were internal references (out of mainframe land) ... "would the last person to leave Poughkeepsie, please turn out the lights" ... lots of employees in hudson valley were really hurt by the real estate collapse.
for lots of reasons, we left July1992. rest of 1992 & 1993 we saw lots of references (by those that stayed) that the top executives were spending all their time managing the books and not running the company. Later we were told by somebody working deep in the bowels of Armonk that they were shifting expenses so that the following year would show slight profit. They weren't going to get bonus regardless of how far in the red a year was, but the way bonuses were calculated (as improvement from previous year), the following year resulted in executive bonuses more than twice as large as the previously largest bonus (in effect, they made more money taking the company into the red).
old post with piece of the 3-tier networking architecture presentation
we were pitching to customer executives in the 80s
https://www.garlic.com/~lynn/2002q.html#40
the comparison gave t/r benefit of the doubt for actual sustained aggregate, datarate was the transmission rate (however the almaden experience was that actual 16mbit t/r aggregate throughpu was less than 10mbit enet)
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 10 Feb 2013 Subject: Adair Turner: A New Debt-Free Money Advocate Blog: Global Economic Intersectionre:
Adair Turner: A New Debt-Free Money Advocate
http://econintersect.com/b2evolution/blog1.php/2013/02/10/adair-turner-a-new-debt-free-money-advocate
Note that recently there have been comments that too-big-to-fail/too-big-to-jail could be criminally prosecuted under Sarbanes-Oxley and all the executives and auditors sent to jail (eliminate lots of hand-waving about how hard to prosecute).
However, other recent references are with regard to the rating agencies and their pivotal role in the economic mess. The Oct2008 congressional hearings into the rating agencies had lots of testimony that both the sellers and the rating agencies knew that the toxic CDOs weren't worth triple-A.
Probably forgotten is that Sarbanes-Oxley also had provision for SEC to do something about the rating agencies.
But apparently even GAO didn't think that SEC was doing anything ... and started doing reports on public company fraudulent financial filings ... even showing uptic after passage of Sarbanes-Oxley
Securitized mortgages had been used doing the S&L failure to obfuscate
fraudulent mortgages. During the late 90s we were asked to look at
improving the integrity of the supporting documents in securitized
mortgages ... old long-winded rant from jan1999
https://www.garlic.com/~lynn/aepay3.htm#riskm
then finding that they could pay for triple-A rating on toxic CDOs, triple-A rating trumps documentation ... and you started seeing slew of "liar loans" and "no-documentation loans". (with no documentation there was no longer an issue with documentation integrity).
During the Oct2008 rating agency hearings, other testimony was that the rating agency business was mis-aligned, while the ratings are for the benefit of the buyers, sellers paying for the ratings ... aligned the rating agency business with the sellers.
Disclaimer: Before I graduated, I interviewed with one of the
companies that bought a "pricing services" division from one of the
rating agencies in the early 70s ... congressional testimony was this
was about the time that the rating agencies changed their business
model resulting in it becoming "mis-aligned" (aka possibly with the
business aligned with the sellers, they no longer needed to accurately
value what they were rating). This company was briefly mentioned early
Jan2009 as helping with valuing toxic assets for TARP purchase.
However, with only $700B appropriated and just the four largest
too-big-to-fail were carrying $5.2T in toxic assets off-book
... original purpose of purchasing toxic assets couldn't make a dent
in the problem.
Bank's Hidden Junk Menaces $1 Trillion Purge
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=akv_p6LBNIdw&refer=home
There was a total of $27T in securitized loans done during the
financial mess, CRA represented under 1% of that total ... if the
problems had been purely been limited to CRA ... there wouldn't have
been a financial mess (in an airplane accident, a 1% blame wouldn't
have resulted in an accident by itself ... it required the other 99%
to result in failure).
Evil Wall Street Exports Boomed With 'Fools' Born to Buy Debt
http://www.bloomberg.com/apps/news?pid=20601109&refer=home&sid=a0jln3.CSS6c
With $27T of new business flowing through wallstreet, the enormous fees & commissions resulted in lots of vested interests in keeping it going ... possibly $4T-$5T skimmed off; there are claims that the industry tripled in size (as percent of GDP) during the financial mess ... and that aggregate wallstreet bonuses increased by over 400% in the period (while much of the rest of the country was being forced to pre-bubble levels, wallstreet has strongly opposed returning to prebubble levels).
Note: Jan2009, I was asked to HTML'ize the Pecora Hearings (30s congressional hearings into '29 crash that had been scanned fall before at Boston Public Library) with lots of internal cross-links and URLs between what happened this time and what happened then (some anticipation that the new congress would have appetite to do something). After working on it for some time, I got a call saying it wouldn't be needed after all (references to enormous piles of wallstreet money being spread around capital hill)
Choice of Mary Jo White to Head SEC Puts Fox In Charge of Hen House
http://www.rollingstone.com/politics/blogs/taibblog/choice-of-mary-jo-white-to-head-sec-puts-fox-in-charge-of-hen-house-20130125
The SEC's Revolving Door
http://www.pogo.org/our-work/reports/sec-revolving-door.html
Dangerous Liaisons: Revolving Door at SEC Creates Risk of Regulatory Capture
http://www.pogo.org/our-work/reports/2013/dangerous-liaisons-revolving-door-at-sec.html
• 20130211 Dangerous Liaisons Sec Revolving Door (PDF)
https://www.documentcloud.org/documents/602191/20130211-dangerous-liaisons-sec-revolving-door.pdf
• 20130211 Dangerous Liaisons Sec Revolving Door (Text)
https://www.documentcloud.org/documents/602191/20130211-dangerous-liaisons-sec-revolving-door.txt
S.E.C.'s Revolving Door Hurts Its Effectiveness, Report Says
http://dealbook.nytimes.com/2013/02/11/s-e-c-s-revolving-door-hurts-its-effectiveness-report-says/
GAO apparently didn't think SEC was doing anything ... reports of
public company fraudulent financial filings, even showing uptic after
Sarbanes-Oxley (SOX was predicated on SEC actually doing something)
http://www.gao.gov/products/GAO-03-395R
http://www.gao.gov/products/GAO-06-678
https://www.gao.gov/products/gao-06-1079sp
In the congressional Madoff hearings, they had the person that had tried unsuccessfully for a decade to get SEC to do something about Madoff. He was asked if new regulations were needed, he commented that while new regulations may be needed, much more important would be transparency and visibility (i.e. new regulations only mean something if there are regulatory agencies enforcing them).
recent posts referencing $5.2T in toxic assets off-book and $27T total
in securitized loans:
https://www.garlic.com/~lynn/2012.html#32 Wall Street Bonuses May Reach Lowest Level in 3 Years
https://www.garlic.com/~lynn/2012b.html#19 "Buffett Tax" and truth in numbers
https://www.garlic.com/~lynn/2012b.html#65 Why Wall Street Should Stop Whining
https://www.garlic.com/~lynn/2012b.html#95 Bank of America Fined $1 Billion for Mortgage Fraud
https://www.garlic.com/~lynn/2012c.html#30 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#45 Fannie, Freddie Charge Taxpayers For Legal Bills
https://www.garlic.com/~lynn/2012c.html#46 PC industry is heading for more change
https://www.garlic.com/~lynn/2012c.html#54 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#5 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#32 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#42 China's J-20 Stealth Fighter Is Already Doing A Whole Lot More Than Anyone Expected
https://www.garlic.com/~lynn/2012e.html#23 Are mothers naturally better at OODA because they always have the Win in mind?
https://www.garlic.com/~lynn/2012e.html#40 Who Increased the Debt?
https://www.garlic.com/~lynn/2012e.html#42 Who Increased the Debt?
https://www.garlic.com/~lynn/2012e.html#58 Word Length
https://www.garlic.com/~lynn/2012f.html#31 Rome speaks to us. Their example can inspire us to avoid their fate
https://www.garlic.com/~lynn/2012f.html#63 One maths formula and the financial crash
https://www.garlic.com/~lynn/2012f.html#66 Predator GE: We Bring Bad Things to Life
https://www.garlic.com/~lynn/2012f.html#69 Freefall: America, Free Markets, and the Sinking of the World Economy
https://www.garlic.com/~lynn/2012f.html#75 Fed Report: Mortgage Mess NOT an Inside Job
https://www.garlic.com/~lynn/2012f.html#80 The Failure of Central Planning
https://www.garlic.com/~lynn/2012f.html#87 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012g.html#6 Adult Supervision
https://www.garlic.com/~lynn/2012g.html#20 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#28 REPEAL OF GLASS-STEAGALL DID NOT CAUSE THE FINANCIAL CRISIS - WHAT DO YOU THINK?
https://www.garlic.com/~lynn/2012g.html#70 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#71 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#76 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#25 US economic update. Everything that follows is a result of what you see here
https://www.garlic.com/~lynn/2012h.html#26 US economic update. Everything that follows is a result of what you see here
https://www.garlic.com/~lynn/2012h.html#32 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#75 Interesting News Article
https://www.garlic.com/~lynn/2012i.html#14 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012j.html#28 Why Asian companies struggle to manage global workers
https://www.garlic.com/~lynn/2012j.html#65 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012k.html#75 What's the bigger risk, retiring too soon, or too late?
https://www.garlic.com/~lynn/2012l.html#64 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012m.html#56 General Mills computer
https://www.garlic.com/~lynn/2012n.html#12 Why Auditors Fail To Detect Frauds?
https://www.garlic.com/~lynn/2012o.html#7 Beyond the 10,000 Hour Rule
https://www.garlic.com/~lynn/2012o.html#69 Can Open Source Ratings Break the Ratings Agency Oligopoly?
https://www.garlic.com/~lynn/2012o.html#73 These Two Charts Show How The Priorities Of US Companies Have Gotten Screwed Up
https://www.garlic.com/~lynn/2012p.html#51 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2012p.html#64 IBM Is Changing The Terms Of Its Retirement Plan, Which Is Frustrating Some Employees
https://www.garlic.com/~lynn/2013.html#0 IBM Is Changing The Terms Of Its Retirement Plan, Which Is Frustrating Some Employees
https://www.garlic.com/~lynn/2013.html#49 Insider Fraud: What to Monitor
https://www.garlic.com/~lynn/2013.html#51 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#54 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#62 Taleb On "Skin In The Game" And His Disdain For Public Intellectuals
https://www.garlic.com/~lynn/2013.html#66 How to Cut Megabanks Down to Size
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 11 Feb 2013 Subject: More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence Blog: Financial Crime Risk, Fraud and Securityre:
Bank of America Foreclosure Reviews: How Promontory Became a Shadow
Regulator (Part VA); Today we release the two latest posts in our
whistleblower series on the Bank of America foreclosure reviews,
focusing on the role of the "independent" consultant
hired to perform the reviews, Promontory Financial Group.
http://www.nakedcapitalism.com/2013/02/bank-of-america-foreclosure-reviews-why-the-occ-overlooked-independent-reviewer-promontorys-keystone-cops-act-part-v.html
from above:
Marcy Wheeler has called this the "Get Out of Jail Free industry". But
recently, Promontory's most visible engagements have involved failed
efforts at prettying up diseased managements. For instance, it told MF
Global's board that the broker-dealer had "robust risk management" a
mere five months before it failed. And not only was this reading
"absurdly sanguine," but it was remarkably self-serving. Promontory
was retained in 2009 to help implement reforms in the wake of an
alleged trading scandals, so the report was an assessment of its own
work. Similarly, Promontory prepared an analysis for Standard
Chartered of wire transfers with Iran and other sanctioned countries,
and reported only $14 million were out of compliance. The bank later
admitted that at least $250 billion were impermissible, an over four
order of magnitude difference.
... snip ...
Bank of America Foreclosure Reviews: Why the OCC Overlooked
"Independent" Reviewer Promontory's Keystone Cops Act (Part VB)
http://www.nakedcapitalism.com/2013/02/bank-of-america-foreclosure-reviews-why-the-occ-overlooked-independent-reviewer-promontorys-keystone-cops-act-part-vb.html
from above:
One basic problem was that Promontory had no meaningful knowledge of
mortgage securitization or servicing; if you look at its areas of
expertise, there's nothing close. That put it in the dangerous
position of not knowing what it did not know, and also of being
dependent on its client. While that may not seem to be much of a
problem if the name of the game is to find nothing, it turns out the
OCC had unwittingly required that servicers like Bank of America make
a serious-looking stab at it.
... snip ...
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: AT&T Holmdel Computer Center films, 1973 Unix Newsgroups: alt.folklore.computers Date: Mon, 11 Feb 2013 14:52:00 -0500Peter Flass <Peter_Flass@Yahoo.com> writes:
introduced 1972
https://en.wikipedia.org/wiki/IBM_3270
i know it took quite awhile before applications supported "full-screen" ... before that it was mostly simulating line-mode terminals
AT&T longlines came to science center
https://www.garlic.com/~lynn/subtopic.html#545tech
csc/vm (&/or sjr/vm) posts
https://www.garlic.com/~lynn/submisc.html#cscvm
and somehow finangled a copy of csc/vm
https://www.garlic.com/~lynn/2006w.html#email750102
https://www.garlic.com/~lynn/2006w.html#email750430
circa 1983, the (IBM) AT&T national marketing rep and wanted my help with moving longlines off of that csc/vm version. they had gotten csc/vm full source and had propagated it to a number of 370s in various datacenters as moving it to new processors as they came along (I periodically mentioned my dynamic adaptive scheduler managed to handle nearly two orders of magnitude in machine power over the period; low-end in the 70s to high-end in the 80s).
the problem in 1983, was that IBM was no longer looking at marketing uniprocessor machine ... all the 370s becoming multiprocessor ... and that version of csc/vm didn't have multiprocessor support. Clone processors were selling uniprocessors ... and IBM was afraid that longlines would migrate all their IBM machines to the latest clone processors ... staying on the old csc/vm base.
as an aside ... approx. the time of the above csc/vm email ... i got roped into working on 1) packaging bits&pieces of csc/vm for inclusion in vm370 release 3 2) working on ecps for 138/148 with endicott and 3) working with group in POK on 5-way multiprocessor support. multiprocessor support eventually shipped in vm370 release 4.
old reference to ECPS work:
https://www.garlic.com/~lynn/94.html#21 370 ECPS VM microcode assist
old posts related to 5-way multiprocessor activity
https://www.garlic.com/~lynn/submain.html#bounce
general smp/multiprocessor (&/or compare&swap) posts
https://www.garlic.com/~lynn/subtopic.html#smp
the lack of uniprocessors also impacted the TPF customer set ... the standard TPF product still didn't have multiprocessor support. eventually all sorts of unnatural things were done to vm370 to try and improve the efficiency of TPF running in uniprocessor virtual machines on real multiprocessor 3081s (had significant performance downside hit for the rest of the multiprocessor vm370 customer).
the company finally came out with a 3083 ... a single processor 3081.
One of the 3083 issues was the easiest was to remove 2nd processor in
3081 ... but that was in the middle of the box and would have left the
box dangerously top-heavy. Eventually they had to do some re-engineering
to move 3081 processor0 from the top of the box to the middle of the box
(to create 3083). misc. past posts mentioning 3083:
https://www.garlic.com/~lynn/99.html#103 IBM 9020 computers used by FAA (was Re: EPO stories (was: HELP IT'S HOT!!!!!))
https://www.garlic.com/~lynn/2000b.html#65 oddly portable machines
https://www.garlic.com/~lynn/2000d.html#9 4341 was "Is a VAX a mainframe?"
https://www.garlic.com/~lynn/2000f.html#69 TSS ancient history, was X86 ultimate CISC? designs)
https://www.garlic.com/~lynn/2001b.html#37 John Mashey's greatest hits
https://www.garlic.com/~lynn/2001c.html#13 LINUS for S/390
https://www.garlic.com/~lynn/2001j.html#17 I hate Compaq
https://www.garlic.com/~lynn/2002c.html#9 IBM Doesn't Make Small MP's Anymore
https://www.garlic.com/~lynn/2002i.html#83 HONE
https://www.garlic.com/~lynn/2002m.html#67 Tweaking old computers?
https://www.garlic.com/~lynn/2002o.html#28 TPF
https://www.garlic.com/~lynn/2002p.html#58 AMP vs SMP
https://www.garlic.com/~lynn/2003g.html#30 One Processor is bad?
https://www.garlic.com/~lynn/2003p.html#45 Saturation Design Point
https://www.garlic.com/~lynn/2004.html#7 Dyadic
https://www.garlic.com/~lynn/2004c.html#35 Computer-oriented license plates
https://www.garlic.com/~lynn/2004e.html#44 Infiniband - practicalities for small clusters
https://www.garlic.com/~lynn/2005.html#22 The Soul of Barb's New Machine (was Re: creat)
https://www.garlic.com/~lynn/2005j.html#16 Performance and Capacity Planning
https://www.garlic.com/~lynn/2005m.html#55 54 Processors?
https://www.garlic.com/~lynn/2005o.html#44 Intel engineer discusses their dual-core design
https://www.garlic.com/~lynn/2005s.html#7 Performance of zOS guest
https://www.garlic.com/~lynn/2005s.html#38 MVCIN instruction
https://www.garlic.com/~lynn/2006d.html#5 IBM 610 workstation computer
https://www.garlic.com/~lynn/2006l.html#30 One or two CPUs - the pros & cons
https://www.garlic.com/~lynn/2006m.html#32 Old Hashing Routine
https://www.garlic.com/~lynn/2006n.html#16 On the 370/165 and the 360/85
https://www.garlic.com/~lynn/2007.html#44 vm/sp1
https://www.garlic.com/~lynn/2007g.html#16 What's a CPU second?
https://www.garlic.com/~lynn/2007o.html#37 Each CPU usage
https://www.garlic.com/~lynn/2008c.html#83 CPU time differences for the same job
https://www.garlic.com/~lynn/2008e.html#40 Fantasy-Land_Hierarchal_NUMA_Memory-Model_on_Vertical
https://www.garlic.com/~lynn/2008g.html#14 Was CMS multi-tasking?
https://www.garlic.com/~lynn/2008i.html#38 American Airlines
https://www.garlic.com/~lynn/2008i.html#57 Microsoft versus Digital Equipment Corporation
https://www.garlic.com/~lynn/2008p.html#27 Father Of Financial Dataprocessing
https://www.garlic.com/~lynn/2009g.html#66 Mainframe articles
https://www.garlic.com/~lynn/2009g.html#68 IT Infrastructure Slideshow: The IBM Mainframe: 50 Years of Big Iron Innovation
https://www.garlic.com/~lynn/2009g.html#70 Mainframe articles
https://www.garlic.com/~lynn/2009h.html#77 Operating Systems for Virtual Machines
https://www.garlic.com/~lynn/2009l.html#55 IBM halves mainframe Linux engine prices
https://www.garlic.com/~lynn/2009l.html#65 ACP, One of the Oldest Open Source Apps
https://www.garlic.com/~lynn/2009l.html#67 ACP, One of the Oldest Open Source Apps
https://www.garlic.com/~lynn/2009m.html#39 ACP, One of the Oldest Open Source Apps
https://www.garlic.com/~lynn/2009r.html#70 While watching Biography about Bill Gates on CNBC last Night
https://www.garlic.com/~lynn/2010.html#21 Happy DEC-10 Day
https://www.garlic.com/~lynn/2010d.html#14 Happy DEC-10 Day
https://www.garlic.com/~lynn/2010d.html#79 LPARs: More or Less?
https://www.garlic.com/~lynn/2010e.html#23 Item on TPF
https://www.garlic.com/~lynn/2010i.html#24 Program Work Method Question
https://www.garlic.com/~lynn/2010i.html#78 IBM to announce new MF's this year
https://www.garlic.com/~lynn/2010j.html#20 Personal use z/OS machines was Re: Multiprise 3k for personal Use?
https://www.garlic.com/~lynn/2010n.html#16 Sabre Talk Information?
https://www.garlic.com/~lynn/2011.html#19 zLinux OR Linux on zEnterprise Blade Extension???
https://www.garlic.com/~lynn/2011b.html#49 vm/370 3081
https://www.garlic.com/~lynn/2011b.html#70 vm/370 3081
https://www.garlic.com/~lynn/2011c.html#16 Other early NSFNET backbone
https://www.garlic.com/~lynn/2011c.html#26 If IBM Hadn't Bet the Company
https://www.garlic.com/~lynn/2011d.html#43 Sabre; The First Online Reservation System
https://www.garlic.com/~lynn/2011f.html#49 Dyadic vs AP: Was "CPU utilization/forecasting"
https://www.garlic.com/~lynn/2011f.html#60 Dyadic vs AP: Was "CPU utilization/forecasting"
https://www.garlic.com/~lynn/2011g.html#7 Is the magic and romance killed by Windows (and Linux)?
https://www.garlic.com/~lynn/2011i.html#77 program coding pads
https://www.garlic.com/~lynn/2011k.html#84 'smttter IBMdroids
https://www.garlic.com/~lynn/2011p.html#115 Start Interpretive Execution
https://www.garlic.com/~lynn/2012f.html#59 Hard Disk Drive Construction
https://www.garlic.com/~lynn/2012j.html#71 Help with elementary CPU speed question
https://www.garlic.com/~lynn/2012k.html#10 Slackware
https://www.garlic.com/~lynn/2012k.html#59 1132 printer history
https://www.garlic.com/~lynn/2012l.html#90 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#28 I.B.M. Mainframe Evolves to Serve the Digital World
https://www.garlic.com/~lynn/2012n.html#41 System/360--50 years--the future?
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 12 Feb 2013 Subject: Adair Turner: A New Debt-Free Money Advocate Blog: Global Economic Intersectionre:
no. 1 on times list of those responsible for the financial mess
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877339,00.html
finding that they could pay the rating agencies for triple-A (and the rating agencies knew they weren't worth triple-A) ... and triple-A rating trumps everything ... they no longer had to care about verification, documentation, buyers qualifications and/or loan quality. The limiting factor in how much they could take was how fast (& how large) they could run the loans through the mill (verification, documentation, qualifications, quality, etc ... just limited the speed and size of those loans).
"asleep at the wheel" is very polite way of saying it ...
The Fed's Too Easy on Wall Street
http://www.businessweek.com/stories/2008-03-19/the-feds-too-easy-on-wall-streetbusinessweek-business-news-stock-market-and-financial-advice
above also shows aggregate wallstreet bonus after the ramp up had already started on its way to over 400% increase.
#3 on times list:
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877331,00.htm
this repeats the sleeping and not doing anything
Greenspan Slept as Off-Books Debt Escaped Scrutiny
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=home&sid=aYJZOB_gZi0I
one of the too-big-to-fail with the largest amount of off-book toxic assets had already sold several tens of billions the fall of 2008 at 22cents on the dollar. If the four largest too-big-to-fail had been required to correctly value their $5.2T in toxic assets, they would have been declared insolvent and forced to be liquidated ($5.2T even at 22 cents on the dollar was also more than total amount appropriated for TARP).
trivia: we had been called in as consultants to small client/server startup that wanted to do payment transactions on their server; they had also invented this technology they called "SSL" they wanted to use; the result is now frequently called "electronic commerce". Somewhat as a result of doing "electronic commerce", in the mid-90s we were asked to participate in the x9a10 financial standard working group, which had been given the requirement to preserve the integrity of the financial infrastructure for all retail payments. One of the other participants was from NSCC (before it merged with DTC) and we were then asked to look at improving the integrity of exchange trading transactions. After working on it for some time, we got a call that work was being suspended because a side-effect of the integrity work would have greatly increased transparency and visibility ... the antithesis of wallstreet culture (repeating theme from madoff reference upthread).
somebody letting slip that wallstreet has nothing to worry about from
SEC regarding illegal wallstreet activity.
http://nypost.com/2007/03/20/cramer-reveals-a-bit-too-much/
past posts mentioning times list of those responsible:
https://www.garlic.com/~lynn/2009i.html#54 64 Cores -- IBM is showing a prototype already
https://www.garlic.com/~lynn/2009n.html#56 Opinions on the 'Unix Haters' Handbook'
https://www.garlic.com/~lynn/2011h.html#25 US Housing Crisis Is Now Worse Than Great Depression
https://www.garlic.com/~lynn/2011h.html#29 Obama: "We don't have enough engineers"
https://www.garlic.com/~lynn/2011i.html#19 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011n.html#49 The men who crashed the world
https://www.garlic.com/~lynn/2011n.html#77 Did You Hear the One About the Bankers?
https://www.garlic.com/~lynn/2012.html#72 Chris Dodd's SOPA crusading
https://www.garlic.com/~lynn/2012b.html#95 Bank of America Fined $1 Billion for Mortgage Fraud
https://www.garlic.com/~lynn/2012c.html#5 Too big not to fail
https://www.garlic.com/~lynn/2012c.html#31 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012c.html#46 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#5 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#13 PC industry is heading for more change
https://www.garlic.com/~lynn/2012e.html#57 speculation
https://www.garlic.com/~lynn/2012g.html#20 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#28 REPEAL OF GLASS-STEAGALL DID NOT CAUSE THE FINANCIAL CRISIS - WHAT DO YOU THINK?
https://www.garlic.com/~lynn/2012g.html#59 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
https://www.garlic.com/~lynn/2012g.html#67 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#76 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#77 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#45 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012k.html#31 History--punched card transmission over telegraph lines
https://www.garlic.com/~lynn/2012k.html#38 Four Signs Your Awesome Investment May Actually Be A Ponzi Scheme
https://www.garlic.com/~lynn/2012k.html#45 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?
https://www.garlic.com/~lynn/2012m.html#58 General Mills computer
https://www.garlic.com/~lynn/2012m.html#59 General Mills computer
https://www.garlic.com/~lynn/2012p.html#47 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2012p.html#55 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2013.html#0 IBM Is Changing The Terms Of Its Retirement Plan, Which Is Frustrating Some Employees
https://www.garlic.com/~lynn/2013.html#4 HSBC's Settlement Leaves Us In A Scary Place
https://www.garlic.com/~lynn/2013.html#73 More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
https://www.garlic.com/~lynn/2013b.html#9 How to Cut Megabanks Down to Size
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 12 Feb 2013 Subject: The Alchemy of Securitization Blog: Global Economic Intersectionre:
The Alchemy of Securitization
http://econintersect.com/wordpress/?p=1540
old article from summer 2007:
Subprime = Triple-A ratings? or 'How to Lie with Statistics' (gone 404 but lives on at the wayback machine)
https://web.archive.org/web/20071111031315/http://www.bloggingstocks.com/2007/07/25/subprime-triple-a-ratings-or-how-to-lie-with-statistics/
there has been lots of wallstreet obfuscation and misdirection regarding calculations for various things; risk management, triple-a, etc. in the risk management scenario, business people directed fiddling inputs until they got the desired results (aka garbage-in, garbage-out GIGO). Rating agencies were selling triple-A ratings and weren't doing valuations, and/or requiring supporting documentation or verification. Later, valuations on triple-A rated toxic CDOs weren't even case of GIGO ... since there was zero garbage input. The lack of valuation and supporting documentations later also shows up with MERS and fabrication of forged supporting documents.
as per the long-winded jan1999 rant
https://www.garlic.com/~lynn/aepay3.htm#riskm
... the industry was able to calculate the possible scenarios for a whole ARM portfolio circa 1990; it is almost as if the industry had lost all its institutional knowledge and had a mind wipe with the new century.
past posts mentioning How to Lie with Statistics article
https://www.garlic.com/~lynn/2008m.html#96 Blinkylights
https://www.garlic.com/~lynn/2008m.html#99 Blinkylights
https://www.garlic.com/~lynn/2008n.html#3 Blinkylights
https://www.garlic.com/~lynn/2008n.html#15 Blinkylights
https://www.garlic.com/~lynn/2008n.html#49 VMware Chief Says the OS Is History
https://www.garlic.com/~lynn/2008n.html#52 Technology and the current crisis
https://www.garlic.com/~lynn/2008n.html#56 VMware Chief Says the OS Is History
https://www.garlic.com/~lynn/2008n.html#69 Another quiet week in finance
https://www.garlic.com/~lynn/2008n.html#72 Why was Sarbanes-Oxley not good enough to sent alarms to the regulators about the situation arising today?
https://www.garlic.com/~lynn/2008n.html#78 Isn't it the Federal Reserve role to oversee the banking system??
https://www.garlic.com/~lynn/2008n.html#82 Fraud in financial institution
https://www.garlic.com/~lynn/2008o.html#15 Financial Crisis - the result of uncontrolled Innovation?
https://www.garlic.com/~lynn/2008o.html#18 Once the dust settles, do you think Milton Friedman's economic theories will be laid to rest
https://www.garlic.com/~lynn/2008o.html#19 What's your view of current global financial / economical situation?
https://www.garlic.com/~lynn/2008o.html#26 SOX (Sarbanes-Oxley Act), is this really followed and worthful considering current Financial Crisis?
https://www.garlic.com/~lynn/2008o.html#28 Does anyone get the idea that those responsible for containing this finanical crisis are doing too much?
https://www.garlic.com/~lynn/2008o.html#34 The human plague
https://www.garlic.com/~lynn/2008o.html#75 In light of the recent financial crisis, did Sarbanes-Oxley fail to work?
https://www.garlic.com/~lynn/2008o.html#82 Greenspan testimony and securization
https://www.garlic.com/~lynn/2008p.html#8 Global Melt Down
https://www.garlic.com/~lynn/2008p.html#70 Is there any technology that we are severely lacking in the Financial industry?
https://www.garlic.com/~lynn/2008q.html#49 Have not the following principles been practically disproven, once and for all, by the current global financial meltdown?
https://www.garlic.com/~lynn/2008q.html#50 Obama, ACORN, subprimes (Re: Spiders)
https://www.garlic.com/~lynn/2008r.html#64 Is This a Different Kind of Financial Crisis?
https://www.garlic.com/~lynn/2008s.html#23 Garbage in, garbage out trampled by Moore's law
https://www.garlic.com/~lynn/2008s.html#35 Is American capitalism and greed to blame for our financial troubles in the US?
https://www.garlic.com/~lynn/2008s.html#55 Is this the story behind the crunchy credit stuff?
https://www.garlic.com/~lynn/2009.html#14 What are the challenges in risk analytics post financial crisis?
https://www.garlic.com/~lynn/2009.html#63 CROOKS and NANNIES: what would Boyd do?
https://www.garlic.com/~lynn/2009.html#80 Are reckless risks a natural fallout of "excessive" executive compensation ?
https://www.garlic.com/~lynn/2009b.html#36 A great article was posted in another BI group: "To H*** with Business Intelligence: 40 Percent of Execs Trust Gut"
https://www.garlic.com/~lynn/2009b.html#53 Credit & Risk Management ... go Simple ?
https://www.garlic.com/~lynn/2009b.html#54 In your opinion, which facts caused the global crise situation?
https://www.garlic.com/~lynn/2009b.html#65 What can agencies such as the SEC do to insure us that something like Madoff's Ponzi scheme will never happen again?
https://www.garlic.com/~lynn/2009d.html#16 The Formula That Killed Wall Street
https://www.garlic.com/~lynn/2009d.html#18 HSBC is expected to announce a profit, which is good, what did they do differently?
https://www.garlic.com/~lynn/2009e.html#8 The background reasons of Credit Crunch
https://www.garlic.com/~lynn/2009g.html#1 Future of Financial Mathematics?
https://www.garlic.com/~lynn/2009g.html#31 OODA-loop obfuscation
https://www.garlic.com/~lynn/2009h.html#29 Analysing risk, especially credit risk in Banks, which was a major reason for the current crisis
https://www.garlic.com/~lynn/2009j.html#38 what is mortgage-backed securities?
https://www.garlic.com/~lynn/2009n.html#49 Opinions on the 'Unix Haters' Handbook'
https://www.garlic.com/~lynn/2009o.html#21 Opinions on the 'Unix Haters' Handbook'
https://www.garlic.com/~lynn/2010l.html#40 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2011.html#53 What do you think about fraud prevention in the governments?
https://www.garlic.com/~lynn/2011.html#75 America's Defense Meltdown
https://www.garlic.com/~lynn/2011b.html#42 Productivity And Bubbles
https://www.garlic.com/~lynn/2011k.html#56 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2011l.html#10 Cracking the code
https://www.garlic.com/~lynn/2011l.html#69 computer bootlaces
https://www.garlic.com/~lynn/2012b.html#67 How Economists Contributed to the Financial Crisis
https://www.garlic.com/~lynn/2012b.html#95 Bank of America Fined $1 Billion for Mortgage Fraud
https://www.garlic.com/~lynn/2012c.html#32 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012f.html#63 One maths formula and the financial crash
https://www.garlic.com/~lynn/2012m.html#48 General Mills computer
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Ethernet at 40: Its daddy reveals its turbulent youth Newsgroups: alt.folklore.computers Date: Wed, 13 Feb 2013 07:01:31 -0500re:
also google+
https://plus.google.com/u/0/102794881687002297268/posts/YSSBbAaC5Ec
and a couple linkedin discussion groups
http://lnkd.in/SMzJrv
http://lnkd.in/xJrYGh
part of old 3-tier presentation (ethernet/router against 16mbit t/r)
https://www.garlic.com/~lynn/2002q.html#40
presentation gave 16mbit t/r benefit of the doubt regarding aggregate LAN throughput of 16mbit ... even though almaden had shown aggregate 16mbit lan throughput was less than typical 10mbit ethernet
part of reason that router price was so high was it included mainframe channel interface ... didn't even bother to show cost of channel interface box in the T/R costs. within year after initial presentation, high-speed ethernet cards had dropped to $69 and costs of high-performance routers were starting to drop (even with mainframe channel interface) ... also they were starting to appear with T3 interface options (in addition to T1 interface options).
the ISO, OSI model reference possibly was slightly garbled. I was on XTP technical advisery board and we took XTP to x3s3.3 (ISO chartered US standards body responsible for os model layer 3&4 standards) as HSP, high-speed protocol; ISO had policy that it wouldn't standardize anything that didn't conform to OSI model. x3s3.3 rejected HSP for not conforming to OSI model:
#1) XTP supported internetworking protocol (TCP/IP) that doesn't exist in OSI model
#2) XTP went directly from layer4/transport to LAN-MAC interface, bypassing layer3/layer4 (network/transport) interface
#3) XTP went directly to LAN-MAC interface ... something that doesn't exist in OSI model ... sits approximately in the middle of layer3/network.
misc. past posts mentioning xtp/hsp
https://www.garlic.com/~lynn/subnetwork.html#xtphsp
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 13 Feb 2013 Subject: Adair Turner: A New Debt-Free Money Advocate Blog: Global Economic Intersectionre:
2008 bonus pool
http://www.correntewire.com/book/export/html/15189
note that NY Comptroller reference is aggregate of wallstreet bonuses in new york ... which won't include all of a company. TV Business News, 24Nov2008 commented that just Goldman's bonus pool was $21B ... that is over twice the total wallstreet bonuses in 2002 ... and Goldman's 2008 bonus pool was still more than the total wallstreet 2002 bonuses.
recently finished "Money and Power: How Goldman Sachs Came to Rule the
World"
https://www.amazon.com/Money-Power-Goldman-Sachs-ebook/dp/B004J4XG54/
which goes into more detail about how Goldman put together CDOs
designed to fail and then sold the triple-A rated toxic CDOs to their
customers while taking out CDS bets that the triple-A rated toxic CDOs
would fail. Also loc9146-49:
Then he explained how laddering worked at Goldman and how he and
Cramer would play along to get the IPO allocations that they coveted
-- and the free profits that came with them. During the process of
allocating the stock of a hot Internet company, the demand from
institutional investors, including hedge funds, would be so strong
that Goldman would create a checklist of behavior that would be
required for a fund to get an allocation.
... snip ...
the comment was they typically flipped the stock within hrs. That is in addition to the comment about wallsteet had nothing to fear from SEC regarding illegal activity.
and 19Dec2008 Bailed-Out Banks Dole Out Bonuses; Goldman Sachs,
CitiGroup, Others Mum on How They Are Using TARP Cash
http://abcnews.go.com/WN/Business/story?id=6498680&page=1
lots of the activity is illegal and there are lots of rules against it ... there is a whole lot of obfuscation, misdirection and hand-waving; basically rules®ulations aren't being enforced ...
notice discussion here about illegal naked short selling ... and lack
of transparency and visibility
https://en.wikipedia.org/wiki/Depository_Trust_%26_Clearing_Corporation
no2 on times list of those responsible
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877330,00.html
and
Gramm and the 'Enron Loophole'
http://www.nytimes.com/2008/11/17/business/17grammside.html
Enron was a major contributor to Mr. Gramm's political campaigns, and
Mr. Gramm's wife, Wendy, served on the Enron board, which she joined
after stepping down as chairwoman of the Commodity Futures Trading
Commission.
... snip ...
and an older article: Phil Gramm's Enron Favor
https://web.archive.org/web/20080711114839/http://www.villagevoice.com/2002-01-15/news/phil-gramm-s-enron-favor/
A few days after she got the ball rolling on the exemption, Wendy
Gramm resigned from the commission. Enron soon appointed her to its
board of directors, where she served on the audit committee, which
oversees the inner financial workings of the corporation. For this,
the company paid her between $915,000 and $1.85 million in stocks and
dividends, as much as $50,000 in annual salary, and $176,000 in
attendance fees,
... snip ...
there were laws on the books that could have been enforced ... and then Sarbanes-Oxley added whole lot more ... and activity continues today with little or no enforcement.
Vampire Squid
https://www.amazon.com/Griftopia-Machines-Vampire-Breaking-America/dp/0385529953
has chapter on 19 secret letters, commodity trading having rule that
required substantial positions in order to play, because speculators
resulted in wild, irrational price swings ... then 19 secret letters
allowed specific speculators to play which resulted in wild irrational
price swings, including oil price spike summer of 2008. Then when
senator released the transaction details showing oil price spike
summer of 2008 was caused by speculators, the senator was attacked in
the press for divulging the information.
http://www.reuters.com/article/2011/08/19/us-cftc-dataleak-idUSTRE77I4NR20110819
again, lack of transparency and visibility
there was recent observation that over 700 people went to jail in the S&L mess ... but nobody has gone to jail this time.
past posts mentioning time's #2 person responsible for economic mess
and/or vampire squid & 19 secret letters
https://www.garlic.com/~lynn/2009c.html#38 People to Blame for the Financial Crisis
https://www.garlic.com/~lynn/2009c.html#49 How to defeat new telemarketing tactic
https://www.garlic.com/~lynn/2009c.html#53 How to defeat new telemarketing tactic
https://www.garlic.com/~lynn/2009c.html#55 Who will give Citigroup the KNOCKOUT blow?
https://www.garlic.com/~lynn/2009c.html#65 is it possible that ALL banks will be nationalized?
https://www.garlic.com/~lynn/2009d.html#10 Who will Survive AIG or Derivative Counterparty Risk?
https://www.garlic.com/~lynn/2009d.html#28 I need insight on the Stock Market
https://www.garlic.com/~lynn/2009d.html#61 Quiz: Evaluate your level of Spreadsheet risk
https://www.garlic.com/~lynn/2009d.html#62 Is Wall Street World's Largest Ponzi Scheme where Madoff is Just a Poster Child?
https://www.garlic.com/~lynn/2009d.html#63 Do bonuses foster unethical conduct?
https://www.garlic.com/~lynn/2009d.html#73 Should Glass-Steagall be reinstated?
https://www.garlic.com/~lynn/2009e.html#0 What is swap in the financial market?
https://www.garlic.com/~lynn/2009e.html#8 The background reasons of Credit Crunch
https://www.garlic.com/~lynn/2009e.html#13 Should we fear and hate derivatives?
https://www.garlic.com/~lynn/2009e.html#23 Should FDIC or the Federal Reserve Bank have the authority to shut down and take over non-bank financial institutions like AIG?
https://www.garlic.com/~lynn/2009e.html#35 Architectural Diversity
https://www.garlic.com/~lynn/2009f.html#29 What is the real basis for business mess we are facing today?
https://www.garlic.com/~lynn/2009f.html#38 On whom or what would you place the blame for the sub-prime crisis?
https://www.garlic.com/~lynn/2009f.html#51 On whom or what would you place the blame for the sub-prime crisis?
https://www.garlic.com/~lynn/2009f.html#53 What every taxpayer should know about what caused the current Financial Crisis
https://www.garlic.com/~lynn/2009g.html#5 Do the current Banking Results in the US hide a grim truth?
https://www.garlic.com/~lynn/2009g.html#7 Just posted third article about toxic assets in a series on the current financial crisis
https://www.garlic.com/~lynn/2009g.html#33 Treating the Web As an Archive
https://www.garlic.com/~lynn/2009g.html#76 Undoing 2000 Commodity Futures Modernization Act
https://www.garlic.com/~lynn/2009h.html#17 REGULATOR ROLE IN THE LIGHT OF RECENT FINANCIAL SCANDALS
https://www.garlic.com/~lynn/2009i.html#54 64 Cores -- IBM is showing a prototype already
https://www.garlic.com/~lynn/2009i.html#60 In the USA "financial regulator seeks power to curb excess speculation."
https://www.garlic.com/~lynn/2009i.html#74 Administration calls for financial system overhaul
https://www.garlic.com/~lynn/2009i.html#77 Financial Regulatory Reform - elimination of loophole allowing special purpose institutions outside Bank Holding Company (BHC) oversigh
https://www.garlic.com/~lynn/2009j.html#21 The Big Takeover
https://www.garlic.com/~lynn/2009j.html#30 An Amazing Document On Madoff Said To Have Been Sent To SEC In 2005
https://www.garlic.com/~lynn/2009j.html#35 what is mortgage-backed securities?
https://www.garlic.com/~lynn/2009l.html#5 Internal fraud isn't new, but it's news
https://www.garlic.com/~lynn/2009n.html#56 Opinions on the 'Unix Haters' Handbook'
https://www.garlic.com/~lynn/2009o.html#84 Opinions on the 'Unix Haters' Handbook'
https://www.garlic.com/~lynn/2009p.html#51 Opinions on the 'Unix Haters' Handbook
https://www.garlic.com/~lynn/2009q.html#77 Now is time for banks to replace core system according to Accenture
https://www.garlic.com/~lynn/2010b.html#82 Oldest Instruction Set still in daily use?
https://www.garlic.com/~lynn/2010b.html#92 Who's to Blame for the Meltdown?
https://www.garlic.com/~lynn/2010f.html#54 The 2010 Census
https://www.garlic.com/~lynn/2010h.html#27 In the News: SEC storms the 'Castle'
https://www.garlic.com/~lynn/2010h.html#28 Our Pecora Moment
https://www.garlic.com/~lynn/2010h.html#67 The Python and the Mongoose: it helps if you know the rules of engagement
https://www.garlic.com/~lynn/2010l.html#38 Who is Really to Blame for the Financial Crisis?
https://www.garlic.com/~lynn/2010n.html#36 Idiotic programming style edicts
https://www.garlic.com/~lynn/2010p.html#6 What banking is. (Essential for predicting the end of finance as we know it.)
https://www.garlic.com/~lynn/2010q.html#29 Ernst & Young sued for fraud over Lehman
https://www.garlic.com/~lynn/2011.html#53 What do you think about fraud prevention in the governments?
https://www.garlic.com/~lynn/2011.html#55 America's Defense Meltdown
https://www.garlic.com/~lynn/2011b.html#59 Productivity And Bubbles
https://www.garlic.com/~lynn/2011d.html#21 The first personal computer (PC)
https://www.garlic.com/~lynn/2011e.html#9 I actually miss working at IBM
https://www.garlic.com/~lynn/2011e.html#36 On Protectionism
https://www.garlic.com/~lynn/2011e.html#38 On Protectionism
https://www.garlic.com/~lynn/2011e.html#40 On Protectionism
https://www.garlic.com/~lynn/2011f.html#52 Are Americans serious about dealing with money laundering and the drug cartels?
https://www.garlic.com/~lynn/2011h.html#25 US Housing Crisis Is Now Worse Than Great Depression
https://www.garlic.com/~lynn/2011h.html#29 Obama: "We don't have enough engineers"
https://www.garlic.com/~lynn/2011i.html#8 'Megalomania, Insanity' Fueled Bubble: Munger
https://www.garlic.com/~lynn/2011i.html#18 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011i.html#19 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011j.html#40 Advice from Richard P. Feynman
https://www.garlic.com/~lynn/2011j.html#41 Advice from Richard P. Feynman
https://www.garlic.com/~lynn/2011k.html#30 Regulators seek to plug derivatives data gaps
https://www.garlic.com/~lynn/2011k.html#53 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2011k.html#54 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2011l.html#21 HOLLOW STATES and a CRISIS OF CAPITALISM
https://www.garlic.com/~lynn/2011l.html#69 computer bootlaces
https://www.garlic.com/~lynn/2011l.html#74 computer bootlaces
https://www.garlic.com/~lynn/2011m.html#2 computer bootlaces
https://www.garlic.com/~lynn/2011m.html#18 computer bootlaces
https://www.garlic.com/~lynn/2011n.html#41 The men who crashed the world
https://www.garlic.com/~lynn/2011o.html#47 Civilization, doomed?
https://www.garlic.com/~lynn/2011o.html#61 Civilization, doomed?
https://www.garlic.com/~lynn/2011o.html#62 Civilization, doomed?
https://www.garlic.com/~lynn/2011p.html#130 vampires in financial infrastructure
https://www.garlic.com/~lynn/2011p.html#144 Fingerspitzengefühl
https://www.garlic.com/~lynn/2012b.html#19 "Buffett Tax" and truth in numbers
https://www.garlic.com/~lynn/2012c.html#31 US real-estate has lost $7T in value
https://www.garlic.com/~lynn/2012d.html#5 PC industry is heading for more change
https://www.garlic.com/~lynn/2012d.html#61 Why Republicans Aren't Mentioning the Real Cause of Rising Prices at the Gas Pump
https://www.garlic.com/~lynn/2012e.html#57 speculation
https://www.garlic.com/~lynn/2012e.html#69 speculation
https://www.garlic.com/~lynn/2012f.html#77 Vampire Squid
https://www.garlic.com/~lynn/2012f.html#80 The Failure of Central Planning
https://www.garlic.com/~lynn/2012f.html#84 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012f.html#86 The Dangers of High-Frequency Trading; Wall Street's Speed Freaks
https://www.garlic.com/~lynn/2012g.html#7 Adult Supervision
https://www.garlic.com/~lynn/2012g.html#20 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#28 REPEAL OF GLASS-STEAGALL DID NOT CAUSE THE FINANCIAL CRISIS - WHAT DO YOU THINK?
https://www.garlic.com/~lynn/2012g.html#59 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
https://www.garlic.com/~lynn/2012g.html#67 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#70 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#76 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#77 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#79 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#80 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012g.html#81 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#1 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#32 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#36 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#37 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#39 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#41 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#44 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#45 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#47 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#56 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#79 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#82 Interesting News Article
https://www.garlic.com/~lynn/2012i.html#1 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#10 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#94 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012k.html#36 Race Against the Machine
https://www.garlic.com/~lynn/2012k.html#38 Four Signs Your Awesome Investment May Actually Be A Ponzi Scheme
https://www.garlic.com/~lynn/2012l.html#12 First Battle: Operation Starlite and the Beginning of the Blood Debt in Vietnam
https://www.garlic.com/~lynn/2012m.html#39 General Mills computer
https://www.garlic.com/~lynn/2012m.html#58 General Mills computer
https://www.garlic.com/~lynn/2012m.html#65 General Mills computer
https://www.garlic.com/~lynn/2012n.html#1 STOP PRESS! An Auditor has been brought to task for a failed bank!
https://www.garlic.com/~lynn/2012n.html#78 Beyond the 10,000 Hour Rule
https://www.garlic.com/~lynn/2013.html#15 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2013.html#49 Insider Fraud: What to Monitor
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: COBOL will outlive us all Newsgroups: alt.folklore.computers Date: Wed, 13 Feb 2013 11:57:09 -0500scott@slp53.sl.home (Scott Lurndal) writes:
in the late 90s, there was billions spent by financial institutions to leverage new technologies and large number of "killer micros" to implement straight-through processing ... eliminating the settlement that ran in overnight batch window. part of the issue was that globalization (reducing overnight batch window time) and increased business (increasing amount of work needed to be done) was enormously straining batch settlement.
it turns that most of the efforts went up in flames ... frequently because the new technologies they were using represented a factor of 100 times increase in processing (compared to cobol batch) ... totally swamping any savings anticipated from large number of killer micros (and the efforts hadn't bothered to do any speeds&feeds work until actual deployment).
a few years ago, i assisted with some alternative technology that only represented 3-5 times increase over batch cobol ... leveraging lots of work done on RDBMS implementations for scale-up & parallelization ... demonstrating large factors increase in throughput with straight-through processing. this was taken to financial standards organization ... that initially showed lots of interest ... but then the effort sort of ground to a halt. Part of the explanation was there were still lots of people in financial IT organizations that still bore the scars from the 90s efforts and were extremely risk adverse.
misc. past posts mentioning straight-through processing and overnight
batch window
https://www.garlic.com/~lynn/2006s.html#40 Ranking of non-IBM mainframe builders?
https://www.garlic.com/~lynn/2007e.html#31 Quote from comp.object
https://www.garlic.com/~lynn/2007l.html#15 John W. Backus, 82, Fortran developer, dies
https://www.garlic.com/~lynn/2007m.html#36 Future of System/360 architecture?
https://www.garlic.com/~lynn/2007u.html#19 Distributed Computing
https://www.garlic.com/~lynn/2007u.html#21 Distributed Computing
https://www.garlic.com/~lynn/2007u.html#37 folklore indeed
https://www.garlic.com/~lynn/2007u.html#44 Distributed Computing
https://www.garlic.com/~lynn/2007u.html#61 folklore indeed
https://www.garlic.com/~lynn/2007v.html#19 Education ranking
https://www.garlic.com/~lynn/2007v.html#64 folklore indeed
https://www.garlic.com/~lynn/2007v.html#69 Controlling COBOL DDs named SYSOUT
https://www.garlic.com/~lynn/2007v.html#72 whats the world going to do when all the baby boomers retire
https://www.garlic.com/~lynn/2007v.html#81 Tap and faucet and spellcheckers
https://www.garlic.com/~lynn/2008b.html#74 Too much change opens up financial fault lines
https://www.garlic.com/~lynn/2008d.html#30 Toyota Sales for 2007 May Surpass GM
https://www.garlic.com/~lynn/2008d.html#31 Toyota Sales for 2007 May Surpass GM
https://www.garlic.com/~lynn/2008d.html#73 Price of CPU seconds
https://www.garlic.com/~lynn/2008d.html#87 Berkeley researcher describes parallel path
https://www.garlic.com/~lynn/2008d.html#89 Berkeley researcher describes parallel path
https://www.garlic.com/~lynn/2008g.html#55 performance of hardware dynamic scheduling
https://www.garlic.com/~lynn/2008h.html#50 Microsoft versus Digital Equipment Corporation
https://www.garlic.com/~lynn/2008h.html#56 Long running Batch programs keep IMS databases offline
https://www.garlic.com/~lynn/2008p.html#26 What is the biggest IT myth of all time?
https://www.garlic.com/~lynn/2008p.html#30 Automation is still not accepted to streamline the business processes... why organizations are not accepting newer technolgies?
https://www.garlic.com/~lynn/2008r.html#7 If you had a massively parallel computing architecture, what unsolved problem would you set out to solve?
https://www.garlic.com/~lynn/2009.html#87 Cleaning Up Spaghetti Code vs. Getting Rid of It
https://www.garlic.com/~lynn/2009c.html#43 Business process re-engineering
https://www.garlic.com/~lynn/2009d.html#14 Legacy clearing threat to OTC derivatives warns State Street
https://www.garlic.com/~lynn/2009f.html#55 Cobol hits 50 and keeps counting
https://www.garlic.com/~lynn/2009h.html#1 z/Journal Does it Again
https://www.garlic.com/~lynn/2009h.html#2 z/Journal Does it Again
https://www.garlic.com/~lynn/2009i.html#21 Why are z/OS people reluctant to use z/OS UNIX?
https://www.garlic.com/~lynn/2009i.html#23 Why are z/OS people reluctant to use z/OS UNIX? (Are settlements a good argument for overnight batch COBOL ?)
https://www.garlic.com/~lynn/2009l.html#57 IBM halves mainframe Linux engine prices
https://www.garlic.com/~lynn/2009m.html#81 A Faster Way to the Cloud
https://www.garlic.com/~lynn/2009o.html#81 big iron mainframe vs. x86 servers
https://www.garlic.com/~lynn/2009q.html#67 Now is time for banks to replace core system according to Accenture
https://www.garlic.com/~lynn/2010.html#77 Korean bank Moves back to Mainframes (...no, not back)
https://www.garlic.com/~lynn/2010b.html#16 How long for IBM System/360 architecture and its descendants?
https://www.garlic.com/~lynn/2010g.html#37 16:32 far pointers in OpenWatcom C/C++
https://www.garlic.com/~lynn/2010i.html#41 Idiotic programming style edicts
https://www.garlic.com/~lynn/2010l.html#14 Age
https://www.garlic.com/~lynn/2010m.html#13 Is the ATM still the banking industry's single greatest innovation?
https://www.garlic.com/~lynn/2010m.html#37 A Bright Future for Big Iron?
https://www.garlic.com/~lynn/2011.html#19 zLinux OR Linux on zEnterprise Blade Extension???
https://www.garlic.com/~lynn/2011.html#42 Looking for a real Fortran-66 compatible PC compiler (CP/M or DOSor Windows
https://www.garlic.com/~lynn/2011c.html#35 If IBM Hadn't Bet the Company
https://www.garlic.com/~lynn/2011e.html#15 At least two decades back, some gurus predicted that mainframes would disappear in future and it still has not happened
https://www.garlic.com/~lynn/2011e.html#19 At least two decades back, some gurus predicted that mainframes would disappear in future and it still has not happened
https://www.garlic.com/~lynn/2011e.html#91 Mainframe Fresher
https://www.garlic.com/~lynn/2011e.html#93 Itanium at ISSCC
https://www.garlic.com/~lynn/2011f.html#32 At least two decades back, some gurus predicted that mainframes would disappear
https://www.garlic.com/~lynn/2011i.html#52 At least two decades back, some gurus predicted that mainframes would disappear in future and it still has not happened
https://www.garlic.com/~lynn/2011k.html#70 New IBM Redbooks residency experience in Poughkeepsie, NY
https://www.garlic.com/~lynn/2011n.html#10 Has anyone successfully migrated off mainframes?
https://www.garlic.com/~lynn/2011n.html#23 Why are organizations sticking with mainframes?
https://www.garlic.com/~lynn/2011p.html#8 Why are organizations sticking with mainframes?
https://www.garlic.com/~lynn/2011p.html#12 Why are organizations sticking with mainframes?
https://www.garlic.com/~lynn/2012f.html#0 Burroughs B5000, B5500, B6500 videos
https://www.garlic.com/~lynn/2012f.html#24 Time to competency for new software language?
https://www.garlic.com/~lynn/2012j.html#69 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012l.html#31 X86 server
https://www.garlic.com/~lynn/2012l.html#47 I.B.M. Mainframe Evolves to Serve the Digital World
https://www.garlic.com/~lynn/2012n.html#18 System/360--50 years--the future?
--
virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: Article for the boss: COBOL will outlive us all Newsgroups: bit.listserv.ibm-main Date: 14 Feb 2013 06:02:24 -0800martin_packer@UK.IBM.COM (Martin Packer) writes:
IBM funded much of univ bitnet network (EARN in europe) ... this
mailing list originated on bitnet
https://www.garlic.com/~lynn/subnetwork.html#bitnet
that used technology similar to that used for internal network
https://www.garlic.com/~lynn/subnetwork.html#internalnet
IBM & DEC both provided $25M each for MIT's Project Athena which resulted in number of things ... including Kerberos. Circa 2000, there was small company that was selling Kerberos related services, support, etc, CEO was former IBM senior VP of mainframe group. They had contract to port Kerberos to windows what became windows authentication infrastruction.
The Unix wars (SUN&AT&T threatening to severely restrict access
to Unix)
http://www.softpanorama.org/People/Torvalds/Finland_period/unix_wars_and_posix.shtml
and
https://en.wikipedia.org/wiki/Open_Software_Foundation
There was also univ. doing unix work-alikes, UCLA did Locus and CMU doing Mach (besides UCB's BSD). IBM uses Locus for AIX/370 & AIX/386 ... sort of super-SAA in the unix world (supported things like dynamic process migration between distributed systems, even between dissimilar architectures)
IBM provided CMU $50M for Andrew stuff .. Camelot (transaction system), MACH (unix work-alike), Andrew Filesystem, Andrew widgets, etc.
IBM provides seed funding for Camelot spin-off Transarc ... and then
buys Transarc outright.
http://www.zois.co.uk/tpm/encina.html
MACH unix work-alike ... number of companies start using MACH
http://www.cs.cmu.edu/afs/cs.cmu.edu/project/mach/public/www/mach.html
when Jobs was "fired" from Apple ... he goes off and does NeXTSTEP
which uses MACH as base
https://en.wikipedia.org/wiki/NeXTSTEP
when Jobs is brought back to Apple ... he brings MACH/NeXSTEP technology back with him (basis for OS X and iOS).
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 14 Feb 2013 Subject: Adair Turner: A New Debt-Free Money Advocate Blog: Global Economic Intersectionre:
in the late 90s when we were asked to look at improving the integrity of supporting documents in securitized mortgages ... the example used was that during S&L crisis there were securitized mortgages on non-existent multi-story office buildings at addresses of empty lots in Dallas-Ft.Worth area. However, with triple-A ratings, they could eliminate supporting documents.
A big motivation for being able to pay for triple-A ratings was that
wallstreet wanted to unlock the enormous amounts of money in
operations that were restricted to safe/triple-A investments ... like
the large institutional retirement funds. It was the influx of those
"safe" funds that were able to drive activity in triple-A rated toxic
CDOs past $27T ... and was major factor in keeping the bubble boiling
(and wallstreet skimming off possibly $4T-$5T of that amount).
Evil Wall Street Exports Boomed With 'Fools' Born to Buy Debt
https://www.bloomberg.com/news/articles/2008-10-27/evil-wall-street-exports-boomed-with-fools-born-to-buy-debt
As previously ... the reference to being asleep ... was really a more polite way of saying that they had been "captured" ... which is being used a lot more frequently now
this is an interesting tale of capture of economists (and economic
theory) dating back a century
https://www.amazon.com/Economists-Powerful-Convenient-Distorted-Economics-ebook/dp/B01B4X4KOS/
includes references to
https://en.wikipedia.org/wiki/Inside_Job_(2010_film)
recent posts mentioning "Inside Job" &/or captured Economists:
https://www.garlic.com/~lynn/2011j.html#51 Advice from Richard P. Feynman
https://www.garlic.com/~lynn/2012p.html#62 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2012p.html#64 IBM Is Changing The Terms Of Its Retirement Plan, Which Is Frustrating Some Employees
https://www.garlic.com/~lynn/2013.html#20 The Big Fail
https://www.garlic.com/~lynn/2013.html#57 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#73 More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
--
virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: Article for the boss: COBOL will outlive us all Newsgroups: bit.listserv.ibm-main Date: 14 Feb 2013 13:41:58 -0800donbwms@GMAIL.COM (Don Williams) writes:
estimate that there are 10k world-wide at 4k to 5k customers
http://articles.economictimes.indiatimes.com/2010-08-10/news/27620495_1_mainframe-ibm-big-challenge
this claims 15,000 installations
http://www.forbes.com/2010/01/18/mainframe-security-enterprise-technology-cio-network-woods.html
given mainframe processor revenue ... IBM has been selling approx. equivalent of 180 z196/yr (max configured, 80 processor, @$28M)
2002 the claim was 38,000 systems.
with growth in processing power/system, installations could have done
quite a bit of system consolidation over the last decade.
z900, 16 processors, 2.5BIPS (156MIPS/proc), Dec2000
z990, 32 processors, 9BIPS, (281MIPS/proc), 2003
z9, 54 processors, 18BIPS (333MIPS/proc), July2005
z10, 64 processors, 30BIPS (469MIPS/proc), Feb2008
z196, 80 processors, 50BIPS (625MIPS/proc), Jul2010
EC12, 101 processors, 75BIPS (743MIPS/proc), Aug2012
a little over decade ago, I did some performance work on 450k statement
cobol application that ran every night on over 40 max configured
mainframe systems (@$30M, number of systems needed to finish during 3rd
shift window; made big deal that no system was over 18m old); getting
approx. 14% throughput improvement
workload hasn't increased significantly since then, but max. configured mainframe performance has increased by factor of over 20 times.
recent post in similar thread about article in a.f.c.
https://www.garlic.com/~lynn/2013b.html#42 COBOL will outlive us all
misc. past posts mentioning work on 450k statement cobol app:
https://www.garlic.com/~lynn/2006u.html#50 Where can you get a Minor in Mainframe?
https://www.garlic.com/~lynn/2007l.html#20 John W. Backus, 82, Fortran developer, dies
https://www.garlic.com/~lynn/2007u.html#21 Distributed Computing
https://www.garlic.com/~lynn/2008c.html#24 Job ad for z/OS systems programmer trainee
https://www.garlic.com/~lynn/2008d.html#73 Price of CPU seconds
https://www.garlic.com/~lynn/2008l.html#81 Intel: an expensive many-core future is ahead of us
https://www.garlic.com/~lynn/2009d.html#5 Why do IBMers think disks are 'Direct Access'?
https://www.garlic.com/~lynn/2009e.html#76 Architectural Diversity
https://www.garlic.com/~lynn/2009f.html#55 Cobol hits 50 and keeps counting
https://www.garlic.com/~lynn/2009g.html#20 IBM forecasts 'new world order' for financial services
https://www.garlic.com/~lynn/2011c.html#35 If IBM Hadn't Bet the Company
https://www.garlic.com/~lynn/2011f.html#32 At least two decades back, some gurus predicted that mainframes would disappear
https://www.garlic.com/~lynn/2012i.html#25 Can anybody give me a clear Idea about Cloud Computing in MAINFRAME ?
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 14 Feb 2013 Subject: Bankers Who Made Millions In Housing Boom Misled Investors: Study Blog: FacebookBankers Who Made Millions In Housing Boom Misled Investors: Study (gone 404, but lives on at wayback machine)
Community Reinvestment Act
https://en.wikipedia.org/wiki/Community_Reinvestment_Act
over $27T in triple-A rated toxic CDOs done during the bubble:
Evil Wall Street Exports Boomed With 'Fools' Born to Buy Debt
https://www.bloomberg.com/news/articles/2008-10-27/evil-wall-street-exports-boomed-with-fools-born-to-buy-debt
with wallstreet skimming off possibly $4T-$5T of that. CRA was 1% or less of the $27T. A major motivation for paying for the triple-A ratings (from oct2008 congressional hearings when both the sellers and the rating agencies knew they weren't worth triple-A) was to open up the enormous funds from the institutions limited to dealing in safe/triple-A investments ... like large institutional retirement funds.
no. 1 on times list of those responsible for the financial mess:
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877339,00.html
... previously thrifts and depository institutions (subject to CRA) had used deposits to fund loans&mortgages. The bubble had non-depository institutions (not subject to trift/depository institution regulation) becoming major loan originators ... being able to securitize the loans and pay for triple-A ratings on the toxic CDOs. Being able to pay for triple-A and immediately sell off all the loans they could originate, eliminated any motivation to care about loan quality and/or borrowers' gualification.
way down on the list of those responsible ... congress did investigate Dodd as a "Friend of Angelo" .... it is like apportioning blame for airplane accident and concentrating on the 1% items ... there has been lots of obfuscation and misdirection away from the 30% & 60%. Buying and selling triple-A rated toxic CDOs resulted in such large personal compensation that it overrode whatever concern individuals might have had regarding their institutions, the economy and/or the country.
TARP had originally appropriated $700B for the purchase of toxic
assets from the too-big-to-fail (as part of bailout) ... but the end
of 2008, just the four largest too-big-to-fail were carrying $5.2T in
triple-A rated toxic CDOs off-book (of the over $27T done during the
bubble) ... so they had to come up with other gimmicks to address the
situation (the fall of 2008, triple-A toxic CDOs had been going for
22cents on the dollar).
Bank's Hidden Junk Menaces $1 Trillion Purge
>http://www.bloomberg.com/apps/news?pid=newsarchive&sid=akv_p6LBNIdw&refer=home
... no2 on the list
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877330,00.html
... it was a family affair
http://www.nytimes.com/2008/11/17/business/17grammside.html
and
https://web.archive.org/web/20080711114839/http://www.villagevoice.com/2002-01-15/news/phil-gramm-s-enron-favor/
The moral hazard article is also some obfuscation and misdirection
https://en.wikipedia.org/wiki/Moral_hazard
... it mentions parties that are willing to take the risk. The subject of the original article was that the parties were being told that there was no risk. The OCT2008 congressional hearings into the pivotal role that the rating agencies played in the financial mess was that both the sellers and the rating agencies knew they weren't worth triple-A ... but they were getting triple-A anyway.
Some number of institutions have already been convicted of creating toxic CDOs that were specifically designed to fail, paying for triple-A ratings, selling them to their customers and then taking out CDS bets that they would fail. Much of the press now is why hasn't anybody gone to jail (there was comment that over 700 people went to jail in the S&L mess ... and this is much larger in both magnitude and numbers involved) ... prompting the new labels too-big-to-jail, too-big-to-prosecute, too-corrupt-to-fail.
recent posts mentioning banksters, $27T, and/or times list of
those responsible
https://www.garlic.com/~lynn/2013.html#0 IBM Is Changing The Terms Of Its Retirement Plan, Which Is Frustrating Some Employees
https://www.garlic.com/~lynn/2013.html#2 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2013.html#4 HSBC's Settlement Leaves Us In A Scary Place
https://www.garlic.com/~lynn/2013.html#34 How Bankers Help Drug Traffickers and Terrorists
https://www.garlic.com/~lynn/2013.html#49 Insider Fraud: What to Monitor
https://www.garlic.com/~lynn/2013.html#51 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#54 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#62 Taleb On "Skin In The Game" And His Disdain For Public Intellectuals
https://www.garlic.com/~lynn/2013.html#66 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#73 More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
https://www.garlic.com/~lynn/2013b.html#4 Libor Lies Revealed in Rigging of $300 Trillion Benchmark
https://www.garlic.com/~lynn/2013b.html#9 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#12 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#30 Email Trails Show Bankers Behaving Badly
https://www.garlic.com/~lynn/2013b.html#35 Adair Turner: A New Debt-Free Money Advocate
https://www.garlic.com/~lynn/2013b.html#38 Adair Turner: A New Debt-Free Money Advocate
https://www.garlic.com/~lynn/2013b.html#39 The Alchemy of Securitization
https://www.garlic.com/~lynn/2013b.html#41 Adair Turner: A New Debt-Free Money Advocate
https://www.garlic.com/~lynn/2013b.html#44 Adair Turner: A New Debt-Free Money Advocate
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 11 Feb 2013 Subject: More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence Blog: Financial Crime Risk, Fraud and Securityre:
OCC Compounds Botched Foreclosure Review Process with Barmy Plan for
Distributing Peanuts
http://www.nakedcapitalism.com/2013/02/occ-compounds-botched-foreclosure-review-process-with-barmy-plan-for-distributing-peanuts.html
from above:
The OCC is bravely trying to spin the horrorshow of its botched
foreclosure reviews as some sort of positive outcome. It is apparently
now trying to present its dereliction of duty in figuring out how to
compensate borrowers as no big deal.
... snip ...
Regulator Explains Decision to End Flawed Foreclosure Review
http://compliancex.com/regulator-explains-decision-end-flawed-foreclosure-review/
Regulator Explains Decision to End Flawed Foreclosure Review
http://dealbook.nytimes.com/2013/02/13/regulator-explains-decision-to-end-flawed-foreclosure-review/
and other foreclosure related:
"Boomerang Foreclosures" Are Back As Bernanke's Second Housing Bubble
Begins To Pop
http://www.zerohedge.com/news/2013-02-14/boomerang-foreclosures-are-back-bernankes-second-housing-bubble-begins-pop
from above:
.... foreign buyers (who launder illicit money courtesy of the NAR's
anti-money laundering exemption and park it in ultra luxury US real
estate, usually sight-unseen) ...
... snip ...
U.S. Foreclosure Starts Fall to Six-Year Low in January
http://www.realtytrac.com/content/foreclosure-market-report/january-2013-us-foreclosure-market-report-7596
Foreclosure Stuffing
http://www.zerohedge.com/news/foreclosure-stuffing
reference toxic assets recently sold for 20 cents on the dollar (fall
of 2008 several tens of billions sold for 22cents on the dollar and
end of 2008, the four largest too-big-to-fail were carrying total of
$5.2T off-book)
http://www.nakedcapitalism.com/2013/02/michael-m-thomas-solution-to-the-crisis.html
little cross-over from
http://www.creditslips.org/creditslips/2013/02/too-big-to-regulate-the-warren-debut.html
references too-big-to-fail may be case of emperor's clothes
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 14 Feb 2013 Subject: How to Cut Megabanks Down to Size Blog: Financial Crime Risk, Fraud and Securityre:
random selection of other URLs on the theme:
Too Big to Indict
http://www.nytimes.com/2012/12/12/opinion/hsbc-too-big-to-indict.html
Too big to fail means too big for jail
http://www.nbcnews.com/business/too-big-fail-means-too-big-jail-1C7555748
HSBC, too big to jail, is the new poster child for US two-tiered
justice system; DOJ officials unblinkingly insist that the banking
giant is too powerful and important to subject to the rule of law
http://www.theguardian.com/commentisfree/2012/dec/12/hsbc-prosecution-fine-money-laundering
Too Big to Jail: Big Banks Can Finance Terrorists and Walk Away
Scot-Free; HSBC receives get-out-of-jail-free card in a real-life game
of Monopoly.
http://www.alternet.org/economy/too-big-jail-big-banks-can-finance-terrorists-and-walk-away-scot-free
Banks are too big to prosecute, says FSA's Andrew Bailey
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9743839/Banks-are-too-big-to-prosecute-says-FSAs-Andrew-Bailey.html
Too Big to Jail: Our Banking System's Latest Disgrace
http://www.newrepublic.com/blog/plank/111041/too-big-jail-our-banking-systems-latest-disgrace
Are banks too big to jail?; PBS Frontline's stunning report shows how
the Obama administration undermined the rule of law
http://www.salon.com/2013/01/23/are_banks_too_big_to_jail/
Senators Ask DOJ: Is Wall Street Really Too Big to Jail?
http://www.pbs.org/wgbh/pages/frontline/business-economy-financial-crisis/untouchables/senators-ask-doj-is-wall-street-really-too-big-to-jail/
HSBC and the Era of Too Big to Fail
http://www.freedomworks.org/blog/loganalbright/hsbc-and-the-era-of-too-big-to-fail
Too Big To Fail Really Means Too Big To Jail -- Financial Predators
Have Bought Off Washington; Is too big to fail actually too big to
jail??
http://beforeitsnews.com/banksters/2013/01/too-big-to-fail-really-means-too-big-to-jail-financial-predators-have-bought-off-washington-2432552.html
Matt Taibbi on Big Banks' Lack of Accountability
http://billmoyers.com/segment/matt-taibbi-on-big-banks-lack-of-accountability/
started out with reference to
The Untouchables
http://www.pbs.org/wgbh/pages/frontline/untouchables/
Yglesias Mimics "Mankiw Morality" and Bashes Bastiat
http://www.nakedcapitalism.com/2013/02/bill-black-yglesias-mimics-mankiw-morality-and-bashes-bastiat.html
from above:
Roger Erickson brought to my attention a column by Matthew Yglesias
that relates to the ethical issues I was discussing in my column
yesterday about Yglesias' ode to GHB (Geithner, Holder, and
Breuer's doctrine of immunity for the largest banks). (In
deference to Yves' endocrinologist, I am renaming it GBH
(Brit-speak for "grievous bodily harm").
One of my criticisms was that Yglesias makes no explicit moral
inquiries about the appropriateness of the administration's
GBH doctrine, which allows the fraudulent systemically dangerous
institutions (SDIs) to inflict grievous harm on us with impunity.
... snip ...
Barclays Sets Aside $1.6 Billion More for Legal Costs
http://dealbook.nytimes.com/2013/02/05/barclays-sets-aside-extra-1-6-billion-for-legal-costs/
How does Tim Geithner change his mind?
http://blogs.reuters.com/felix-salmon/2013/02/07/how-does-tim-geithner-change-his-mind/?ftcamp=crm/email/201327/nbe/AlphavilleHongKong/product
Gangster Bankers: Too Big to Jail; How HSBC hooked up with drug
traffickers and terrorists. And got away with it
http://www.rollingstone.com/politics/news/gangster-bankers-too-big-to-jail-20130214
other recent posts mentioning
https://www.garlic.com/~lynn/2013.html#4 HSBC's Settlement Leaves Us In A Scary Place
https://www.garlic.com/~lynn/2013.html#20 The Big Fail
https://www.garlic.com/~lynn/2013.html#21 AIG may join bailout lawsuit against U.S. government
https://www.garlic.com/~lynn/2013.html#23 AIG may join bailout lawsuit against U.S. government
https://www.garlic.com/~lynn/2013.html#34 How Bankers Help Drug Traffickers and Terrorists
https://www.garlic.com/~lynn/2013.html#62 Taleb On "Skin In The Game" And His Disdain For Public Intellectuals
https://www.garlic.com/~lynn/2013b.html#1 Libor Lies Revealed in Rigging of $300 Trillion Benchmark
https://www.garlic.com/~lynn/2013b.html#4 Libor Lies Revealed in Rigging of $300 Trillion Benchmark
https://www.garlic.com/~lynn/2013b.html#28 Neil Barofsky: Geithner Doctrine Lives on in Libor Scandal
https://www.garlic.com/~lynn/2013b.html#35 Adair Turner: A New Debt-Free Money Advocate
https://www.garlic.com/~lynn/2013b.html#38 Adair Turner: A New Debt-Free Money Advocate
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 14 Feb 2013 Subject: Bankers Who Made Millions In Housing Boom Misled Investors: Study Blog: Facebookre:
ecent post in a (closed, linkedin) Financial Crime Risk, Fraud and
Security discussion about the too-big-to-jail Megabanks:
https://www.garlic.com/~lynn/2013b.html#48 How to Cut Megabanks Down to Size
that the moral hazard is that the too-big-to-fail megabanks ... after not doing jail time for the financial mess ... apparently feel free to deal in all sorts of other illegal activity including money laundering for drug cartels and terrorist organizations ... and are getting slapped on the wrist and being asked if they would please stop.
example:
Gangster Bankers: Too Big to Jail
http://www.rollingstone.com/politics/news/gangster-bankers-too-big-to-jail-20130214
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 14 Feb 2013 Subject: How to Cut Megabanks Down to Size Blog: Financial Crime Risk, Fraud and Securityre:
There are long detailed examinations of the S&L crisis ... where eventually over 700 people did jail time ... showing that effectively the elimination of all regulation resulted in loads of illegal behavior ... including criminals "buying" S&L institutions so they could be looted ... via fraudulent loans and other mechanisms (apparently giving rise to the periodic quote that the easiest way to rob a bank is to own one).
the current theme is that congress and regulatory bodies have been "captured" as means of nullifying the oversight of criminal activity.
this mentions the S&L regulator by name
https://www.amazon.com/Two-Trillion-Dollar-Meltdown-Rollers-ebook/dp/B0097DE7DM/
loc655-67: By the time Pratt had finished, it was possible for a
single individual to take control of an S&L, then organize and
lend to multiple subsidiaries -- for land acquisition, construction,
building management, and the like -- and create his own small real
estate empire entirely with depositors' money.
loc657-58: Or more commonly, to pretend to create a real estate empire
while siphoning deposits into, say, personal jet planes, a favorite in
Texas.
loc660-61: Another owner with a $1.8 billion loan book had bought six
Learjets before the Feds noticed that 96 percent of his loans were
delinquent.
... snip ...
the story is that the original S&L regulator had been asked to relax all the regulations but he refused, and then since he wouldn't do what the president asked, he was asked to resign and somebody that would do what the president asked, was appointed
more on the capture theme:
https://www.amazon.com/Economists-Powerful-Convenient-Distorted-Economics-ebook/dp/B01B4X4KOS/
and
https://en.wikipedia.org/wiki/Inside_Job_(2010_film)
--
virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: Article for the boss: COBOL will outlive us all Newsgroups: bit.listserv.ibm-main Date: 15 Feb 2013 14:47:30 -0800phil@VOLTAGE.COM (Phil Smith) writes:
note that some of the people from 7094/CTSS went to the science center
on the 4th flr and did virtual machines ... initially cp40/cms on a
360/40 that had special hardware changes that implemented virtual memory
... it later morphs into cp67/cms ... when 360/67 with virtual memory
standard comes available ... later morphs into vm370/cms.
https://en.wikipedia.org/wiki/CP/CMS
other from 7094/CTSS go to the 5th flr and do MULTICS. Lore is some of
the AT&T people that had gone to work on MULTICS ... return and do
simplified version as UNIX.
https://en.wikipedia.org/wiki/Compatible_Time-Sharing_System
and
https://en.wikipedia.org/wiki/MULTICS
from above:
The design and features of Multics greatly influenced the Unix operating
system, which was originally written by two ex-programmers from the
older project, Ken Thompson and Dennis Ritchie. Superficial influence of
Multics on Unix is evident in many areas, including the naming of
commands (such as "ls" to "list segments" or files). But the internal
design philosophy was quite different, focusing on keeping the system
small and simple, and so correcting some deficiencies of Multics because
of its high resource demands on the limited computer hardware of the
time.
The name Unix (originally Unics) is itself a pun on Multics. The U in
Unix is rumored to stand for uniplexed as opposed to the multiplexed of
Multics, further underscoring the designers' rejections of Multics'
complexity in favor of a more straightforward and workable approach for
smaller computers. (Garfinkel and Abelson [10] cite an alternative
origin: Peter Neumann at Bell Labs, watching a demonstration of the
prototype, suggested the name/pun UNICS (pronounced "Eunuchs"), as a
"castrated Multics".)
... snip ...
I world periodically kid around with people on the 5th flr about the total number multics installations versus vm370/cms. i said that it wasn't fair to compare with the total number of vm370/cms installations or even the total number of internal corporate vm370/cms installations ... but one of my hobbies was producing production systems for internal datacenters ... and would just compare the number of vm370/cms systems I supported as larger than the total number of Multics systems.
and as for ms/dos
https://en.wikipedia.org/wiki/MS-DOS
before ms/dos there was seattle computer
https://en.wikipedia.org/wiki/Seattle_Computer_Products
and before seattle computer there was cp/m
https://en.wikipedia.org/wiki/CP/M
and before cp/m, kildall worked on cp67/cms at npg school
(gone 404 but lives on at wayback machine)
https://web.archive.org/web/20071011100440/http://www.khet.net/gmc/docs/museum/en_cpmName.html
npg reference
https://en.wikipedia.org/wiki/Naval_Postgraduate_School
misc. past posts mentioning kildall & cp/m
https://www.garlic.com/~lynn/2001b.html#52 Kildall "flying" (was Re: First OS?)
https://www.garlic.com/~lynn/2001b.html#53 Kildall "flying" (was Re: First OS?)
https://www.garlic.com/~lynn/2001b.html#60 monterey's place in computing was: Kildall "flying" (was Re: First OS?)
https://www.garlic.com/~lynn/2001j.html#17 I hate Compaq
https://www.garlic.com/~lynn/2002.html#24 Buffer overflow
https://www.garlic.com/~lynn/2002b.html#37 Poor Man's clustering idea
https://www.garlic.com/~lynn/2002o.html#14 Home mainframes
https://www.garlic.com/~lynn/2003g.html#62 IBM says AMD dead in 5yrs ... -- Microsoft Monopoly vs. IBM
https://www.garlic.com/~lynn/2004e.html#38 [REALLY OT!] Overuse of symbolic constants
https://www.garlic.com/~lynn/2004h.html#40 Which Monitor Would You Pick??????
https://www.garlic.com/~lynn/2005c.html#55 [Lit.] Buffer overruns
https://www.garlic.com/~lynn/2006.html#48 Early microcomputer (esp i8008) software
https://www.garlic.com/~lynn/2007d.html#41 Is computer history taugh now?
https://www.garlic.com/~lynn/2009e.html#32 Gone but not forgotten: 10 operating systems the world left behind
https://www.garlic.com/~lynn/2009j.html#78 Gone but not forgotten: 10 operating systems the world left behind
https://www.garlic.com/~lynn/2010l.html#8 Idiotic programming style edicts
https://www.garlic.com/~lynn/2011b.html#4 Rare Apple I computer sells for $216,000 in London
https://www.garlic.com/~lynn/2011j.html#22 MS-DOS is 30 years old today
https://www.garlic.com/~lynn/2011j.html#31 The Most Expensive One-Byte Mistake
https://www.garlic.com/~lynn/2011j.html#67 Wondering if I am really eligible for this group
https://www.garlic.com/~lynn/2011n.html#72 CRLF in Unix being translated on Mainframe to x'25'
https://www.garlic.com/~lynn/2012.html#96 Has anyone successfully migrated off mainframes?
https://www.garlic.com/~lynn/2012.html#100 The PC industry is heading for collapse
https://www.garlic.com/~lynn/2012b.html#6 Cloud apps placed well in the economic cycle
https://www.garlic.com/~lynn/2012c.html#24 Original Thinking Is Hard, Where Good Ideas Come From
https://www.garlic.com/~lynn/2012d.html#15 Happy Webiversary!
https://www.garlic.com/~lynn/2012d.html#44 Faster, Better, Cheaper: Why Not Pick All Three?
https://www.garlic.com/~lynn/2012f.html#41 Hi, Does any one knows the true origin of the usage of the word bug in computers to design a fault?
https://www.garlic.com/~lynn/2012f.html#65 The old is new again - Not IBM related, but I hope interesting
https://www.garlic.com/~lynn/2012g.html#36 Should IBM allow the use of Hercules as z system emulator?
https://www.garlic.com/~lynn/2012i.html#95 Can anybody give me a clear idea about Cloud Computing in MAINFRAME ?
https://www.garlic.com/~lynn/2012j.html#58 Altair Star Trek in assembly?
https://www.garlic.com/~lynn/2012j.html#98 Gordon Crovitz: Who Really Invented the Internet?
https://www.garlic.com/~lynn/2012k.html#84 Did Bill Gates Steal the Heart of DOS?
https://www.garlic.com/~lynn/2012k.html#94 Did Bill Gates Steal the Heart of DOS?
https://www.garlic.com/~lynn/2012l.html#9 "execs" or "scripts"
https://www.garlic.com/~lynn/2012o.html#39 PC/mainframe browser(s) was Re: 360/20, was 1132 printer history
https://www.garlic.com/~lynn/2012p.html#7 Why former IBMers who left maybe years ago for any reason are still active on the Greater IBM Connection?
https://www.garlic.com/~lynn/2012p.html#22 What is a Mainframe?
https://www.garlic.com/~lynn/2012p.html#23 HCF
https://www.garlic.com/~lynn/2012p.html#28 Some interesting post about the importance of Security and what it means for the Mainframe
--
virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: Article for the boss: COBOL will outlive us all Newsgroups: bit.listserv.ibm-main Date: 15 Feb 2013 18:12:58 -0800jlturriff@CENTURYTEL.NET (Leslie Turriff) writes:
7094/ctss, cp40/cms, cp67/cms, etc were online, interactive system with
1052s, 2741s terminals (not card/keypunch batch systems) ... which were
upper/lower case selectric typewriters with computer interface.
https://www.multicians.org/thvv/7094.html
from above:
By 1963, CTSS provided remote terminal service to dial-up terminals
connected by modem to a specialized telecommunications computer, the IBM
7750. Model 35 Teletypes were used at first, followed by IBM 1050
terminals and IBM 2741s. The 7750 and the IBM Selectric terminals were
designed for other uses, such as stock trading and airline reservations,
and CTSS adapted to the design of these devices. CTSS did specify that
certain RPQs had to be added to the 2741, so that its keyboard would not
lock up after every line, and also required that remote terminals on
CTSS have a "terminal ID" that would be sent at dialup time. CTSS users
would look at the output of Noel Morris's who command to see where their
friends and colleagues were connecting to the system from. Terminal
access for Teletype terminals was at 110 baud. The 1050 and 2741
terminals could support 134.5 baud. All of these devices were supported
over dial-up modems, accessed via a private phone exchange at MIT.
... snip ...
i had 2741 terminal at home from mar1970 to summer 1977 ... when i switch to 300baud cdi miniterm.
cp67/cms delivered to univ. jan1968 had 1052 & 2741 terminal
support. univ. had some tty terminals ... and i added the tty terminal
support.
https://www.multicians.org/thvv/360-67.html
i had done hack with one byte arithmetic line-length limited to less than 256. above mentions Tom changing configuration to specify (i think ascii plotter device down at harvard) max line length of 1200 chars ... but didn't fix the instructions using one byte
cms script (done mid-60s port of ctss runoff) was documentation preparation/formatting ... was extensive upper/lower case. one of the early major ibm documents moved to cms script was principles of operation. The full documentation was the architecture "redbook" (for distribution in red 3ring binders). cms script command line option would produce either the full redbook or the principles of operation subset (i.e. full redbook had lots of extra detail in each section and every instruction description).
then gml was invented at the science center 1969 (g, m, & l chosen for
the first letters of the last names of the inventors) ... and gml tag
processing added to cms script. some past posts
https://www.garlic.com/~lynn/submain.html#sgml
decade later, gml morphs into iso standard sgml.
another decade, sgml morphs into html at cern ...
http://infomesh.net/html/history/early/
coming full circle ... first webserver in us (outside europe) was on
the vm370/cms system at slac
https://ahro.slac.stanford.edu/wwwslac-exhibit
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 16 Feb 2013 Subject: Should Bethany McLean Be Bothered by the Government Lawsuit Against S&P? Blog: Financial Crime Risk, Fraud and SecurityShould Bethany McLean Be Bothered by the Government Lawsuit Against S&P?
from above:
Bethany McLean just released a piece at Reuters which presents a good
overview of the Department of Justice case against rating agency
Standard and Poor's for its conduct in rating residential mortgage
backed securities and CDOs.* The high level description of the case,
in particular, why the government used FIRREA (a statute designed to
protect federally insured banks against fraud) as its cause of action,
is helpful.
... snip ...
references: The weird, unsatisfying case against S&P
http://blogs.reuters.com/bethany-mclean/2013/02/13/the-weird-unsatisfying-case-against-sp/
FIRREA referenced in this long-winded post from Jan1999
https://www.garlic.com/~lynn/aepay3.htm#riskm
Congress had quite a bit of testimony on this in the Oct2008 hearings into the role that the pivotal role the rating agencies played in the financial mess.
Why Don't White-Collar Criminals Get Equal Time?
http://www.thenation.com/blog/172670/why-dont-white-collar-criminals-get-equal-time
from above:
Why not? The popular explanation, widely shared among citizens, is
that leaders of the largest banks and financial firms are given a pass
because they are too big to jail. The public's cynicism sounds
right. It has become a momentous black mark on the Obama presidency,
like a blood stain that cannot be washed away. Does the government
operate two systems of justice -- one for mom-and-pop criminals and
another for influential titans who run the too big to fail banks?
... snip ...
moral hazard ... not sending top executives to jail ... they start to believe there are no serious consequences for criminal activity.
Too big to jail, Washington's new line on Wall Street
http://www.cbc.ca/news/world/neil-macdonald-too-big-to-jail-washington-s-new-line-on-wall-street-1.1385993
from above:
American politicians love to talk about "holding people accountable."
Here in Washington, someone is always sternly holding someone else
accountable.
The phrase should enter the political aphorism hall of fame, along
with "frank exchange of views," "at an appropriate time," and of
course the granddaddy of them all: "What the American people truly
want is..."
... snip ...
recent posts mention S&L mess:
https://www.garlic.com/~lynn/2013b.html#41 Adair Turner: A New Debt-Free Money Advocate
https://www.garlic.com/~lynn/2013b.html#46 Bankers Who Made Millions In Housing Boom Misled Investors: Study
other recent posts mentioning Oct2008 congressional hearings into the
pivotal role that the rating agencies played in the financial mess:
https://www.garlic.com/~lynn/2013b.html#30 Email Trails Show Bankers Behaving Badly
https://www.garlic.com/~lynn/2013b.html#35 Adair Turner: A New Debt-Free Money Advocate
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 17 Feb 2013 Subject: How to Cut Megabanks Down to Size Blog: Financial Crime Risk, Fraud and SecurityWe are still bailing them out. Individual compensation on over $27T in triple-A rated toxic CDOs transactions has been so great that it overcame any concern that the individuals might have had regarding their institutions, the economy, and/or the country (wallstreet possibly skimming off $4T-$5T of the amount).
End of 2008, just the four major too-big-to-fail were carrying $5.2T in toxic assets off-book. Earlier in the fall of 2008, several tens of billions of these toxic assets had sold at 22 cents on the dollar. TARP had appropriated $700B, originally for the purchase of toxic assets ... but the amount of toxic assets was so great, TARP would hardly make a dent in the problem (possibly had been purely for show, obfuscation and misdirection) ... and the money was used for other purposes (given to too-big-to-fail and used for executive bonuses). The magnitude of the problem is so great that it is being dragged out behind the scenes. The $700B wouldn't even have covered the $5.2T for just four too-big-to-fail, even at 22cents on the dollar (but then they would have had to be declared insolvent and had to be liquidated). The off-book toxic assets seem to be slowly being siphoned off ... looks like Federal Reserve buying some large chunk at 98cents on the dollar (from some of the data that the federal reserve was forced by the courts to release)
About the time GLBA passed (enabling too-big-to-fail and depository institutions carrying extremely risky & toxic assets off-book), there was a industry publication that compared several thousands of measures, avg for the largest regional institutions against the avg for the largest national institutions. Even then the regional institutions showed slightly better efficiency than the national institutions (at the time, only one institution was too-big-to-fail, Federal Reserve had given it an exemption while it lobbied for repeal of Glass-Steagall). Possibly only real motivation for too-big-to-fail is individual top executive compensation proportional to institution size.
Don't Blink, or You'll Miss Another Bailout
http://www.nytimes.com/2013/02/17/business/dont-blink-or-youll-miss-another-bank-bailout.html
While GLBA is possibly now better known for repeal of Glass-Steagall, the rhetoric on the floor of congress at the time was that the primary purpose of GLBA was that if you already had a bank charter, you got to keep it, however if you didn't already have a bank charter, you weren't going to be able to get one. This was primarily to eliminate competition (especially targeted a some much more efficient banking operations) ... the combination would allow too-big-to-fail to compete in other lines of businesses ... but keep others from competing with too-big-to-fail in banking
What was interesting, was that in the Federal Reserve bailout of some of its wallstreet friends, that didn't already have banking charters, Federal Reserve did hand out some new banking charters to some of its friends (which theoretically should have been precluded by GLBA).
This has shown up in other areas ... electronic payment transaction fees has been one of the largest contributors to large financial institution bottom line. For decades merchants have been indoctrinated that a major component of the (interchange) fees has been fraud surcharge for riskier types of payments (with one of the highest currently being internet). A decade ago there were several "safe" internet products being pitched to the largest merchants (accounted for 80+% of total transactions) which saw very high acceptance among the merchants (expecting 90% drop in fees). However, then came the cognitive dissonance when financial institutions told the merchants that instead of 90% reduction in fees, the "safe" internet products would effectively result in surcharge on top of the highest free they were already paying ... and all the efforts floundered (the 90% reduction would have been a 1/3rd hit to the bottom line of some of the large national issuers).
Another example is when the largest national retailer (accounts for something like 25-30% of transactions) said it was going to acquire a Utah ILC so that it could become its own merchant acquirer ... its current merchant acquirer (one of the four largest too-big-to-fail) mounted a campaign to get all the community banks in the country to write to their congressmen opposing the move (the acquisition of the Utah ILC wouldn't have impacted the community banks ... but would have had significant impact on the too-big-to-fail that was the current merchant acquirer ... having that part of interchange fee eliminated).
commentary on too big to regulate
http://www.creditslips.org/creditslips/2013/02/too-big-to-regulate-the-warren-debut.html
from above:
Senator Warren's second question was one of the most probing inquires
put to banking regulators in the past five years. Basically, they were
being asked whether they were coddling too-big-to-fail banks by
letting them pretend to be solvent or stronger than they are. In other
words, she was asking whether the Emperor has no clothes. The question
was technical enough that the media didn't pick up on just what an
awkward inquiry is was, but I think it deserves some attention.
... snip ...
past posts in this thread
https://www.garlic.com/~lynn/2013.html#50 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#51 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#54 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#54 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#57 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#66 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#0 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#9 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#12 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#48 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#50 How to Cut Megabanks Down to Size
other recent references to the $27T, $5.2T, &/or $700B
https://www.garlic.com/~lynn/2013.html#0 IBM Is Changing The Terms Of Its Retirement Plan, Which Is Frustrating Some Employees
https://www.garlic.com/~lynn/2013.html#34 How Bankers Help Drug Traffickers and Terrorists
https://www.garlic.com/~lynn/2013.html#49 Insider Fraud: What to Monitor
https://www.garlic.com/~lynn/2013.html#62 Taleb On "Skin In The Game" And His Disdain For Public Intellectuals
https://www.garlic.com/~lynn/2013b.html#35 Adair Turner: A New Debt-Free Money Advocate
https://www.garlic.com/~lynn/2013b.html#38 Adair Turner: A New Debt-Free Money Advocate
https://www.garlic.com/~lynn/2013b.html#44 Adair Turner: A New Debt-Free Money Advocate
https://www.garlic.com/~lynn/2013b.html#46 Bankers Who Made Millions In Housing Boom Misled Investors: Study
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virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: Dualcase vs monocase. Was: Article for the boss... Newsgroups: bit.listserv.ibm-main Date: 18 Feb 2013 09:17:33 -0800jcewing@ACM.ORG (Joel C. Ewing) writes:
1403 printer with TN ... had upper/lower case ... some of the principles of operation can be seen as 1403TN from cms script ... where the vertical bars on box diagrams don't quite connect. lots of cp67/cms documents were all from 1403 TN.
as previously mentioned there was big difference between os/360 batch genre with punch cards and upper case only ... and the online interactive systems using terminals. The paradigm difference between online interacive and batch with punch cards ... also significantly cut the requirement for bulk print (mitigating the issue that TN with upper/lower only had half the lines/min of uppercase only).
we had some hardware tweaks to 3277s that improved their human factors operation for interactive computing. when 3278s came out ... they had moved a lot of the electronics back into the (shared) controller (reducing the manufacturing costs) ... eliminating the ability to improve 3278 for interactive computer. we complained to the 3278 product admininstrator about the issues ... and eventually the response was that 3278s design point was but for "data entry" (aka basically online keypunching) ... not interactive computing.
side-effect of moving electronics back into shared controller was it
greatly increased protocol chatter over the coax (could be seen later
in terminal emulation, 3277-emulation had three times the
upload/download speed of 3278-emulation) and eliminated the ability to
have quarter second (human interactive) response (this wasn't an issue
for data entry and/or TSO ... which also wasn't designed for human
interactive) past post with old data regarding 3277/3272 comparison
with 3278/3274 for better than quarter second response for interactive
computing
https://www.garlic.com/~lynn/2001m.html#19
the comparisons were done in period when there was lots of activity showing the productivity improvement and cost/effectiveness of interactive computing and good response. The numbers are for direct channel attach controllers, SNA & other issues could further significantly degrade the human factor characteristics.
from ibm jargon:
bad response - n. A delay in the response time to a trivial request of
a computer that is longer than two tenths of one second. In the 1970s,
IBM 3277 display terminals attached to quite small System/360 machines
could service up to 19 interruptions every second from a user I
measured it myself. Today, this kind of response time is considered
impossible or unachievable, even though work by Doherty, Thadhani, and
others has shown that human productivity and satisfaction are almost
linearly inversely proportional to computer response time. It is hoped
(but not expected) that the definition of Bad Response will drop below
one tenth of a second by 1990.
... snip ...
other posts in the thread:
https://www.garlic.com/~lynn/2013b.html#43 Article for the boss: COBOL will outlive us all
https://www.garlic.com/~lynn/2013b.html#45 Article for the boss: COBOL will outlive us all
https://www.garlic.com/~lynn/2013b.html#51 Article for the boss: COBOL will outlive us all
for other topic drift ... 1980, the Santa Teresa Lab (now silicon valley lab) was bursting at its seams and 300 people from the IMS group were being moved to offsite building. They were accustomed to local channel attached 3270s with vm370/cms ... and were being told that they would have remote 3270s (back to STL datacenter, remote 3270 controllers operated over 19.2 telco links) at the offsite building ... and in testing they found remote 3270s human factors totally intolerable.
I got roped into writing the channel extender support to put local channel attached 3270s at the offsite building (using HYPERchannel for channel extenders). Part of the software was downloading the 3270 channel programs to the remote HYPERchannel "device adapter" (simulating mainframe channel). Preloading the channel programs to the remote box and executing them remotely with the controller significantly cut the latency ... and the users would see no difference between remote terminal and local terminal at STL.
There was side-effect of the change that improved the throughput of the mainframes by 10-15%. The common strategy was to spread mixture of 3270 controllers and disk controllers across 16 available channels. Replacing the 3270 controllers with HYPERchannel adapter directly on real IBM channels ... significantly cut channel busy for doing 3270 operations (reducing channel busy contention with disk controllers) ... aka the HYPERChannle box had significantly lower real channel busy than 3270 controllers for the same operation.
recent posts mentioning FICON and HYPERchannel ... FICON is a layer that
enormously cuts the throughput of the underlying FCS. Recently FICON had
enhancements to download CCWs to the remote end (analogous to what I had
done for HYPERchannel in 1980) that mitigates a little of the enormous
reduction in FCS throughput that the FICON layer imposes.
https://www.garlic.com/~lynn/2011b.html#58 Other early NSFNET backbone
https://www.garlic.com/~lynn/2011n.html#34 Last Word on Dennis Ritchie
https://www.garlic.com/~lynn/2012e.html#27 NASA unplugs their last mainframe
https://www.garlic.com/~lynn/2012m.html#43 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012o.html#22 Assembler vs. COBOL--processing time, space needed
https://www.garlic.com/~lynn/2012o.html#27 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012o.html#46 Random thoughts: Low power, High performance
https://www.garlic.com/~lynn/2012p.html#1 3270 response & channel throughput
https://www.garlic.com/~lynn/2012p.html#5 What is a Mainframe?
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virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: Dualcase vs monocase. Was: Article for the boss... Newsgroups: bit.listserv.ibm-main Date: 18 Feb 2013 10:14:28 -0800re:
part of the 3270 terminal & terminal emulation ecology was the long runs of coax cables from the datacenter all over the building to each 3270 ... for some large buildings the weight of the coax cables were approaching building safe loading limits. a lot of the effort that went into token-ring by the communication group was to use token-ring to replace coax cables (significantly reducing the weight) for terminal emulation.
Ethernet at 40: Its daddy reveals its turbulent youth
http://www.theregister.co.uk/2013/02/09/metcalfe_on_ethernet/
from above:
Bob Metcalfe: How Token Ring and 'IBM's arrogance' nearly sank Big Blue
When Bob Metcalfe, the prime mover behind the invention of Ethernet,
recently visited the site of that invention, Xerox's Palo Alto Research
Center (PARC), The Reg had the opportunity to sit down with him to
discuss the history of Ethernet, its advantages over Token Ring, and
IBM's perfidy.
... snip ...
as referenced, the communication group was producing an enormous amount of mis-information regarding token-ring comparisons with ethernet.
recent posts regarding above (also references the battles attempting to
preserve the terminal emulation install base, fighting off
client/server, 3tier networking architecture, distributed computing, etc
... significant factor contributing to corporation going into the red in
early 90s)
https://www.garlic.com/~lynn/2013b.html#31 Ethernet at 40: Its daddy reveals its turbulent youth
https://www.garlic.com/~lynn/2013b.html#32 Ethernet at 40: Its daddy reveals its turbulent youth
https://www.garlic.com/~lynn/2013b.html#33 Ethernet at 40: Its daddy reveals its turbulent youth
https://www.garlic.com/~lynn/2013b.html#34 Ethernet at 40: Its daddy reveals its turbulent youth
https://www.garlic.com/~lynn/2013b.html#40 Ethernet at 40: Its daddy reveals its turbulent youth
also google+
https://plus.google.com/u/0/102794881687002297268/posts/YSSBbAaC5Ec
and a couple (open) linkedin discussion groups
http://lnkd.in/SMzJrv IETF
http://lnkd.in/xJrYGh Old Geek
past posts mentioning terminal emulation
https://www.garlic.com/~lynn/subnetwork.html#emulation
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virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: Dualcase vs monocase. Was: Article for the boss... Newsgroups: bit.listserv.ibm-main Date: 19 Feb 2013 07:40:42 -0800edgould1948@COMCAST.NET (Ed Gould) writes:
old email about MIT LISP machine group asking IBM (Bob Evans) for
801/risc chips ... and he offered them 8100 instead
https://www.garlic.com/~lynn/2006c.html#email790711
disclaimer: Bob Evans at one point asked me wife to audit 8100 and after she came back with the results, 8100 was decommitted (8100 had an enormously underpowered UC processor).
I've periodically mentioned the senior disk engineer that got a talk scheduled at the world wide, internal, annual communication group conference and opened the talk with comment that the communication group was going to be responsible for the demise of the disk division (stranglehold that the communication group had on the datacenter, determined to preserve their terminal emulation install base and fight off client/server, distributed computing, etc ... and disk division seeing drop in disk sales as data was fleeing the datacenter to more distributed computing friendly platforms).
He also did detailed case studies of some communication group customers about horror stories ("The Way It is Put It Together") ... one was 8100 that wanted to add a simple feature, which required new release of 8100 software, which required new release of 37xx/NCP software, which required new release of VTAM, which required new release of MVS (a simple change for 8100 at one location had enormous ripple effects that went through the whole organization, along with multiple system operation requiring 37xx/NCP and VTAM at the same level).
abstract:
This paper will discuss the installability, usability, and
configurability characteristics of IBM communication products from the
vantage points of their effect on customer system programmers and
eventual end users. These products appear to become more complex
(require higher and more expensive skills) though they need to be
targeted for a wider customer base possessing FEWER skills.
The task of mass installation of IBM communication products is often
stifling for small to medium customers. Hence, the impact of a
"business as usual" approach to delivering products while attempting
to grow a customer base is questioned by examining real situations.
... snip ...
past posts in thread:
https://www.garlic.com/~lynn/2013b.html#43 Article for the boss: COBOL will outlive us all
https://www.garlic.com/~lynn/2013b.html#45 Article for the boss: COBOL will outlive us all
https://www.garlic.com/~lynn/2013b.html#51 Article for the boss: COBOL will outlive us all
https://www.garlic.com/~lynn/2013b.html#52 Article for the boss: COBOL will outlive us all
https://www.garlic.com/~lynn/2013b.html#55 Dualcase vs monocase. Was: Article for the boss
past posts mentioning the communication group terminal emulation
https://www.garlic.com/~lynn/subnetwork.html#emulation
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virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: Dualcase vs monocase. Was: Article for the boss... Newsgroups: bit.listserv.ibm-main Date: 20 Feb 2013 10:50:53 -0800jwglists@GMAIL.COM (John Gilmore) writes:
circa 79/80, we did business case justification that 3yr depreciated capital costs of terminal was less than monthly cost of business telephone on every desk ... aka some opinion had been formed in the dark past and never bothered to be updated. part of the cognitive dissonance was also the major split between the batch/card paradigm and the online, interactive paradigm.
in this era also saw departure of Jim Gray to Tandem and leaving
behind his "MIP Envy" tome ... one version here:
https://www.garlic.com/~lynn/2007d.html#email800920
another version here ...
http://research.microsoft.com/en-us/um/people/gray/
at:
http://research.microsoft.com/en-us/um/people/gray/JimGrayPublications.htm
as
http://research.microsoft.com/en-us/um/people/gray/papers/MIPEnvy.pdf
and from IBM Jargon
MIP envy - n. The term, coined by Jim Gray in 1980, that began the
Tandem Memos (q.v.). MIP envy is the coveting of other's facilities -
not just the CPU power available to them, but also the languages,
editors, debuggers, mail systems and networks. MIP envy is a term
every programmer will understand, being another expression of the
proverb The grass is always greener on the other side of the fence.
... snip ...
it references that "MIP envy" started the "Tandem Memos" email storm ...
aka I had been blamed for online computering conferencing on the
internal network in the late 70s and early 80s (folklore is when
executive committee was told about online computer conferencing and the
internal network, 5of6 wanted to fire me) ... the "Tandem Memos" were
actually kicked off from report I distributed after visiting Jim at
Tandem ... the first two entries in "Tandem Memo" here:
https://www.garlic.com/~lynn/2013.html#email810402
https://www.garlic.com/~lynn/2013.html#email810403
When Jim was departing ... he also palming various stuff on me,
interacting with customers on RDBMS, DBMS consulting with the IMS group
at the santa teresa lab, etc ... this is different than the stuff I did
for the IMS group involving supporting channel extender and local,
channel-attached 3270 terminals at offsite bldg ... recently mentioned
in post in this thread:
https://www.garlic.com/~lynn/2013b.html#55 Dualcase vs monocase. Was: Article for the boss
from IBM Jargon:
Tandem Memos - n. Something constructive but hard to control; a fresh of
breath air (sic). That's another Tandem Memos. A phrase to worry middle
management. It refers to the computer-based conference (widely
distributed in 1981) in which many technical personnel expressed
dissatisfaction with the tools available to them at that time, and also
constructively criticized the way products were [are] developed. The memos
are required reading for anyone with a serious interest in quality
products. If you have not seen the memos, try reading the November 1981
Datamation summary.
... snip ...
also in this period there was a rapid spreading rumor that some of the top executives had started using online email ... followed by a wave of middle-management redirecting the yearly allocation of terminals (justified for engineers and programmers) to their desks ... so they could appear to be part of the emerging online culture. This gave rise to jokes about a whole decade of middle management with terminals on their desks with profs menu being burned into the screen face (i.e. they would log on in the morning and leave the screen for show, never used ... all their email actually be processed on their behalf by their assistants).
a decade later ... there were lots of instances, of middle management pre-empting the latest & greatest PS2 shipments for development products ... to their desks for profs terminal emulation (i.e high-end 486 PS with large 8514 display being a terminal emulation status symbol, more important that any organization projects).
in any case, there was lots of activity & decisions that were based on opinion w/o any cost/benefit analysis ... first the continued, erroneous perception that terminals on every desk weren't cost justified and then the redirection of annual allocation of terminals to middle management desks for purely status symbol purposes.
other posts in this thread:
https://www.garlic.com/~lynn/2013b.html#43 Article for the boss: COBOL will outlive us all
https://www.garlic.com/~lynn/2013b.html#45 Article for the boss: COBOL will outlive us all
https://www.garlic.com/~lynn/2013b.html#51 Article for the boss: COBOL will outlive us all
https://www.garlic.com/~lynn/2013b.html#52 Article for the boss: COBOL will outlive us all
https://www.garlic.com/~lynn/2013b.html#56 Dualcase vs monocase. Was: Article for the boss
https://www.garlic.com/~lynn/2013b.html#57 Dualcase vs monocase. Was: Article for the boss
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virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: Dualcase vs monocase. Was: Article for the boss... Newsgroups: bit.listserv.ibm-main Date: 21 Feb 2013 07:52:17 -0800jwglists@GMAIL.COM (John Gilmore) writes:
at one time in the dark past ... terminals costs were approx. same as most personal autos ... it was pointed out that professional programmers/engineers spend many more hrs/day at terminal than hrs driving personal car. then the costs started to widely diverge ... now typical pc price can be less than monthly auto lease.
we would make snide references about the waste of time having high-level executives deciding each individual case whether it was justified for a professional to have business phone on their desk ... or even terminal (which was even lower cost item). sounds like something out of dilbert cartoon with head of company deciding each case of whether a person was able to remove pen/pencil from stockroom.
recent post about a similar but different scenario with top executives
spending all their time on matters other than running the company ...
in the period when the company had gone into the red (in the Google+
"Ethernet at 40")
https://www.garlic.com/~lynn/2013b.html#34 Ethernet at 40: Its daddy reveals its turbulent youth
and
https://plus.google.com/u/0/102794881687002297268/posts/YSSBbAaC5Ec
past posts in this thread:
https://www.garlic.com/~lynn/2013b.html#55 Dualcase vs monocase. Was: Article for the boss
https://www.garlic.com/~lynn/2013b.html#56 Dualcase vs monocase. Was: Article for the boss
https://www.garlic.com/~lynn/2013b.html#57 Dualcase vs monocase. Was: Article for the boss
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: New HD Newsgroups: alt.folklore.computers Date: Thu, 21 Feb 2013 11:23:47 -0500Shmuel (Seymour J.) Metz <spamtrap@library.lspace.org.invalid> writes:
part of this was having done a failure analysis tool (written in REXX). early in rexx days (before released to customers), i wanted to demonstrate power of rexx language ... I decided to take a large failure/dump application ... written in assembler ... and rewrite it in rexx ... objectives were: 1) ten times the function, 2) ten times the performance and 2) implementation would take less than half-time over 3m period. I actually finished early ... and started library of code that would examine image for list of well known failure signatures.
I had originally believed that it would be released to customers as replacement for the existing tool. For whatever reason that never happened, even tho it came to be used by nearly every internal datacenters and customer support PSRs. I eventually got permission to present the implementation at some customer user group meetings ... and within a few months, other similar implementations started to appear.
misc. past posts mentioning the work
https://www.garlic.com/~lynn/submain.html#dumprx
earlier on in my career i had written a program in pli that would process a assembler listing and attempt to create a symbolic representation of the machine operations and code flow ... then generate a representation of the program in a pascal-like language. ... attempting to replace all GOTO/branch/jumps with if/then/else/while/do/until/etc. There was some highly optimized kernel modules that were relative compact and understandardable in assembler with goto/branch ... which would generate 15-deep nested if/then/else and almost impossible to follow. part of the issue is that 360 conditions could have four values and could result in four different code paths ... while if/then/else is purely binary ... converting from 4-value logic to 2-value logic would make things more complex.
code also tried to identify register use before set and (static) orphan code sequences (not used).
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 21 Feb 2013 Subject: Google Patents Staple of '70s Mainframe Computing Blog: IBM Historic ComputingGoogle Patents Staple of '70s Mainframe Computing
trivia ... person that invented DNS was at MIT in the early 70s and
worked at the science center.
https://www.garlic.com/~lynn/subtopic.html#545tech
other trivia ... former co-worker at science center
https://en.wikipedia.org/wiki/Edson_Hendricks
from above:
In 1976, MIT Professor Jerry Saltzer accompanied Hendricks to DARPA,
where Henricks described his innovations to the principal scientist,
Dr. Vinton P. Cerf. From that point on, Vint and other DARPA
scientists adopted Hendricks' connectionless approach. The result
developed into the Internet as we know it today.[6]
... snip ...
NFS, Andrew, distributed file, etc ... moved whole files around. UCLA's unix work-alike, Locus would do file fragment distributed, keeping track of fragment consistency in distributed environment ... also could do non-disruptive process migration ... including machines of different architectures. Locus was the basis for aix/370 and aix/386.
As undergraduate in the 60s, did lots of changes for computer activity monitoring which i then used for my scheduler ... which shipped in cp67. Later with lots of simplification as part of morph from cp67 to vm370, it was nearly all dropped.
during the future system period, I continued to do 370 stuff while
lots of 370 development was being killed off. then with the demise of
FS there was mad rush to get stuff back into the (hardware & software)
370 product pipelines ... which contributed to the decision to release
a bunch of my stuff ... including the scheduler.
https://www.garlic.com/~lynn/submain.html#futuresys
note that 23jun69 unbundling announcement ... started to charge for
application software (and bunch of other stuff) ... but the case was
made that kernel software should still be free. However, the lack of
370 products during the future system period is credited with giving
clone processors a market foothold ... that then appeared to also
motivate the decision to start charging for kernel software
... initially charged for add-ons (in the transition to charging for
all kernel software).
https://www.garlic.com/~lynn/submain.html#unbundle
my scheduler was selected as guinea pig (I had to spend lots of time
with business & legal people about policies for kernel software
charging). The undergraduate work involved lots of activity on dynamic
adaptive workload management. A corporate review for my vm370 schedule
was that the state-of-the art then was lots of manual tuning knobs
... I tried to explain about the enormous effort to make it all
dynamic adaptive and not need manual tuning knobs ... but I was forced
to put in tuning knobs anyway before signoff allowing it to ship (mvs
srm would have an enormous table of tuning parameters and lots of
share presentations about huge number of tests showing the results of
wide range of effective random changes to those tuning parameters).
https://www.garlic.com/~lynn/subtopic.html#fairshare
So a year or two after move into new almaden research bldg ... I was contacted about all the activity monitoring changes I had made as undergraduate in the 60s (company was involved in some patent litigation over computer monitoring and they wanted to show my undergraduate stuff from the 60s as prior art). I had archived all the source and had kept it over the years ... were then on multiple replicated tapes in the almaden tape library. Well I find out that almaden operations had some problems for some time with random tapes being mounted as scratch ... and all the tapes with 60s archive had been written over.
Tapes also contained archive of the original implementation of cp67 multi-level source changes (later adopted for vm370). Melinda had sent me a query about if I still had a copy ... I was able to pull off copies and send everything related to the original multi-level source update ... fortunately this was just prior to the tapes being written over
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 22 Feb 2013 Subject: America Is Basically Helpless Against The Chinese Hackers Blog: Information Security NetworkAmerica Is Basically Helpless Against The Chinese Hackers
There's A Simple Way To Protect Against Chinese Hackers
http://www.businessinsider.com/how-to-protect-against-chinese-hackers-2013-2
China May Have Intended To Get Caught In The New York Times Hacking Scandal
http://www.businessinsider.com/maybe-china-wants-espionage-ring-exposedhackers-caught-facebook-twitter-google-2013-2
also Google+
https://plus.google.com/u/0/102794881687002297268/posts/XpDBVN8WEnc
I've been involved in more than a few cyber related incidents over the
last 40yrs ... and there has frequently been more than a little of
vested interests protecting status quo ... even any introduction of
significant security & countermeasures would be disruptive. Sometimes
there has even been more than a little analogy with the tobacco
industry at its height protecting status quo
http://www.who.int/tobacco/media/en/TobaccoExplained.pdf
and
http://www.nolo.com/legal-encyclopedia/tobacco-litigation-history-and-development-32202.html
recent reference computing industry paying for biased studies&reports
http://www.theregister.co.uk/2013/02/09/metcalfe_on_ethernet/
old thread about financial industry profits from fraud
https://www.garlic.com/~lynn/aadsm27.htm#31
through
https://www.garlic.com/~lynn/aadsm27.htm#43
the periodic refrain was until customers stopped buying products because of security issues, there was no profit in providing security.
now much of gov. business has found that series of failures is more
profitable than successful products ... the spreading Success Of
failure culture
http://www.govexec.com/management/management-matters/2007/04/the-success-of-failure/24107/
so why all the news now about cyberattacks that have been going on for years. in the run up to justifying the iraq war there was enormous amounts of fabrication produced for public consumption. being skeptical about gov. budget process, lots of recent coverage of something that has been going on for years smacks of something going on in the budget process.
Putting China's "Hacking Army" into Perspective
http://nation.time.com/2013/02/22/putting-chinas-hacking-army-into-perspective/
from above:
Actually, the title was a bit of soft sell (China's Army Seen as Tied
to Hacking Against U.S.). This unit's activities have been much
discussed within the U.S. national-security community for several
years now, so we are far past the "tied to" allegation. It's clear
that Beijing has the People's Liberation Army conduct widespread
cybertheft all over the world, targeting the U.S. in particular.
... snip ...
example:
Hackers Secure F-35 Fighter Plans
http://www.isssource.com/hackers-secure-f-35-fighter-plans/
from above:
For years now, Chinese military hackers have been compromising the
networks of U.S. defense contractors and the Pentagon, and apparently
the F-35 was an easy target.
.... snip ...
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: NBC's website hacked with malware Newsgroups: alt.folklore.computers Date: Fri, 22 Feb 2013 14:17:41 -0500America Is Basically Helpless Against The Chinese Hackers
also Google+
https://plus.google.com/u/0/102794881687002297268/posts/XpDBVN8WEnc
I've been involved in more than a few cyber related incidents over the
last 40yrs ... and there has frequently been more than a little of
vested interests protecting status quo ... even any introduction of
significant security & countermeasures would be disruptive. Sometimes
there has even been more than a little analogy with the tobacco industry
at its height protecting status quo
http://www.who.int/tobacco/media/en/TobaccoExplained.pdf
and
http://www.nolo.com/legal-encyclopedia/tobacco-litigation-history-and-development-32202.html
and
http://www.rollingstone.com/politics/news/big-tobaccos-tea-party-ties-exposed-20130213
recent reference computing industry paying for biased studies&reports
http://www.theregister.co.uk/2013/02/09/metcalfe_on_ethernet/
also Google+ thread:
https://plus.google.com/u/0/102794881687002297268/posts/YSSBbAaC5Ec
old thread about financial industry profits from fraud
https://www.garlic.com/~lynn/aadsm27.htm#31
through
https://www.garlic.com/~lynn/aadsm27.htm#43
the periodic refrain was until customers stopped buying products because of security issues, there was no profit in providing security.
now much of gov. business has found that series of failures is more
profitable than successful products ... the spreading Success Of
failure culture
http://www.govexec.com/management/management-matters/2007/04/the-success-of-failure/24107/
so why all the news now about cyberattacks that have been going on for years. in the run up to justifying the iraq war there was enormous amounts of fabrication produced for public consumption. being skeptical about gov. budget process, lots of recent coverage of something that has been going on for years smacks of something going on in the budget process.
A Step-By-Step Guide To How Chinese Hackers Steal American Secrets
http://www.businessinsider.com/how-chinese-hackers-steal-secrets-2013-2
6 Types of Data Chinese Hackers Pilfer; Mandiant Highlights Broad Range
of Info Stolen from Victims
http://www.bankinfosecurity.com/6-types-data-chinese-hackers-pilfer-a-5521
China's Military Hacking Scandal Explained In A 150 Second Cartoon
http://www.zerohedge.com/news/2013-02-20/chinas-military-hacking-scandal-explained-150-second-cartoon
Chinese cyber-attacks; How to steal a trillion
http://www.economist.com/blogs/babbage/2013/02/chinese-cyber-attacks
China military unit behind many hacking attacks on U.S., cybersecurity firm says
http://www.cbsnews.com/news/china-military-unit-behind-many-hacking-attacks-on-us-cybersecurity-firm-says/
A 12-Story Hacker Headquarters In Shanghai Is The Future Of Espionage
http://www.popsci.com/technology/article/2013-02/what-report-chinese-hacking-means-cyber-defense
Does China Have an Army of Hackers?
http://www.newyorker.com/online/blogs/evanosnos/2013/02/china-hacking-and-north-korea.html
Chinese Hacking Threatens U.S. Economy and National Security
http://securitywatch.pcmag.com/none/308217-chinese-hacking-threatens-u-s-economy-and-national-security
Wake up, America! China is attacking
http://money.cnn.com/2013/02/19/technology/security/china-hacking-war/
How big is China's cyber threat?
http://globalpublicsquare.blogs.cnn.com/2013/02/19/how-big-is-chinas-cyber-threat/
Mandiant report on Chinese cyberespionage used as bait in spear-phishing
attacks; Security researchers detected two spear-phishing attacks
distributing exploit-ridden copies of the Mandiant report
http://www.itworld.com/security/343909/mandiant-report-chinese-cyberespionage-used-bait-spear-phishing-attacks
Security firms slow to react to spear phishing like that used in China
hack; Today's tools and technology are 'severely inadequate' or 'very
underutilized,' researcher and analyst say
http://www.csoonline.com/article/729219/security-firms-slow-to-react-to-spear-phishing-like-that-used-in-china-hack
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 22 Feb 2013 Subject: More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence Blog: Financial Crime Risk, Fraud and SecurityThe Administration Wants You to Believe it is Serious About Prosecuting Banks
example ...
The Department of Justice and the state of Missouri have each
announced criminal plea bargains with one Lorraine Brown, former chief
executive of DocX, the Lender Processing subsidiary best known for its
price sheet for fabricating the mortgage documents a servicer, or
frankly, anyone would need to claim they had standing to foreclose on
your home. Funny how that particular DocX product was mentioned no
where in the plea deals.
... snip ...
Justice Dept. to Use the G Word with Big Banks?
http://www.pogo.org/blog/2013/02/justice-dept-to-use-the-g-word-with-big-banks.html
references whether this is just for show
Prosecutors, Shifting Strategy, Build New Wall Street Cases
http://dealbook.nytimes.com/2013/02/18/prosecutors-build-a-better-strategy-to-go-after-wall-street/
there is also this reference:
does anyone know that in Truth in Lending the originating loan company
was supposed to alert the homeowner when the loan was flipped? in
legal terms a financial product like a mortgage is a non negotiable
financial instrument contractual agreement under the Uniform
commercial code. the minute that home mortgage became a toxic
derivative /or a security it morphed into a negotiable security under
the UCC and the financial institution was to alert thru the law
promulgated by truth in Lending and RESPA. None of this was done. The
DOJ needs to enforce the law -- give the homes back and give the 55
trillion back too
... snip ...
Yes, Katrina, Wall Street Won Again, and Progressives Need to Face Up
to That
http://www.nakedcapitalism.com/2013/02/dave-dayen-yes-katrina-wall-street-won-again-and-progressives-need-to-face-up-to-that.html
from above:
Let's examine vanden Heuvel's "real solutions" that she thinks can
come out of this accountability-free mess, with another year passed
since the crisis and another year of fraud consumed by the statute of
limitations. She takes the typical DC progressive stances here. 1)
it's all the Justice Department's fault, and we "need an
investigation" to get to the bottom of the obstruction. Maybe Eric
Schneiderman can get on a task force with the DoJ leadership and look
into it. Then we have 2) the "Ed DeMarco triple-somersault with a
twist" maneuver:
... snip ...
New Whistleblower Describes How Bank of America Flagrantly Violates
Dual Tracking, Single Point of Contact Requirements in State/Federal
Mortgage Settlement
http://www.nakedcapitalism.com/2013/02/new-whistleblower-describes-how-bank-of-america-flagrantly-violates-dual-tracking-single-point-of-contact-requirements-in-statefederal-mortgage-settlement.html
Reform Suggestions for the Rogue Regulator, the OCC, and its Partner
in Crime, the Shadow Regulator Promontory Group
http://www.nakedcapitalism.com/2013/02/reform-suggestions-for-the-rogue-regulator-the-occ-and-its-partner-in-crime-the-shadow-regulator-promontory-group.html
past posts in thread:
https://www.garlic.com/~lynn/2013.html#41 More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
https://www.garlic.com/~lynn/2013.html#73 More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
https://www.garlic.com/~lynn/2013b.html#16 More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
https://www.garlic.com/~lynn/2013b.html#27 More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
https://www.garlic.com/~lynn/2013b.html#36 More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
https://www.garlic.com/~lynn/2013b.html#47 More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 22 Feb 2013 Subject: How to Cut Megabanks Down to Size Blog: Financial Crime Risk, Fraud and SecuritySlimin' Jamie Dimon's Scheming to Stick the FDIC with WaMu Losses
past posts in thread:
https://www.garlic.com/~lynn/2013.html#44 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#50 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#51 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#54 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#57 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#66 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#0 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#9 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#12 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#48 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#50 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#54 How to Cut Megabanks Down to Size
recent posts mentioning Dimon &/or JPMorgan:
https://www.garlic.com/~lynn/2012g.html#9 JPM LOSES $2 BILLION USD!
https://www.garlic.com/~lynn/2012g.html#12 JPM LOSES $2 BILLION USD!
https://www.garlic.com/~lynn/2012g.html#16 Psychology Of Fraud: Why Good People Do Bad Things
https://www.garlic.com/~lynn/2012g.html#61 Why Hasn't The Government Prosecuted Anyone For The 2008 Financial recession?
https://www.garlic.com/~lynn/2012g.html#82 How do you feel about the fact that today India has more IBM employees than US?
https://www.garlic.com/~lynn/2012g.html#87 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#5 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#45 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012h.html#79 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#17 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#29 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#60 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012j.html#15 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012k.html#31 History--punched card transmission over telegraph lines
https://www.garlic.com/~lynn/2012k.html#75 What's the bigger risk, retiring too soon, or too late?
https://www.garlic.com/~lynn/2012l.html#48 The Payoff: Why Wall Street Always Wins
https://www.garlic.com/~lynn/2012l.html#85 Singer Cartons of Punch Cards
https://www.garlic.com/~lynn/2012m.html#53 General Mills computer
https://www.garlic.com/~lynn/2012m.html#59 General Mills computer
https://www.garlic.com/~lynn/2012n.html#12 Why Auditors Fail To Detect Frauds?
https://www.garlic.com/~lynn/2012o.html#14 OT: Tax breaks to Oracle debated
https://www.garlic.com/~lynn/2012p.html#49 Regulator Tells Banks to Share Cyber Attack Information
https://www.garlic.com/~lynn/2013.html#36 JPMorgan Chase slammed by regulators for control failings after botched derivatives bet
https://www.garlic.com/~lynn/2013b.html#30 Email Trails Show Bankers Behaving Badly
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: AT&T Holmdel Computer Center films, 1973 Unix Newsgroups: alt.folklore.computers Date: Fri, 22 Feb 2013 16:01:49 -0500Peter Flass <Peter_Flass@Yahoo.com> writes:
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: NBC's website hacked with malware Newsgroups: alt.folklore.computers Date: Fri, 22 Feb 2013 16:23:45 -0500re:
Putting China's "Hacking Army" into Perspective
http://nation.time.com/2013/02/22/putting-chinas-hacking-army-into-perspective/
from above:
Actually, the title was a bit of soft sell (China's Army Seen as Tied to
Hacking Against U.S.). This unit's activities have been much discussed
within the U.S. national-security community for several years now, so we
are far past the "tied to" allegation. It's clear that Beijing has the
People's Liberation Army conduct widespread cyber- theft all over the
world, targeting the U.S. in particular.
... snip ...
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: NBC's website hacked with malware Newsgroups: alt.folklore.computers Date: Fri, 22 Feb 2013 17:00:34 -0500re:
example
Hackers Secure F-35 Fighter Plans
http://www.isssource.com/hackers-secure-f-35-fighter-plans/
from above:
For years now, Chinese military hackers have been compromising the
networks of U.S. defense contractors and the Pentagon, and apparently
the F-35 was an easy target.
.... snip ...
for other F-35 drift
Flawed F-35 Fighter Too Big to Kill as Lockheed Hooks 45 States
http://www.bloomberg.com/news/2013-02-22/flawed-f-35-fighter-too-big-to-kill-as-lockheed-hooks-45-states.html
How the F-35 Became Too Big to Kill
http://www.pogo.org/blog/2013/02/how-the-f-35-became-too-big-to-kill.html
and
Entire fleet of F-35 stealth fighters grounded by new engine
problem
http://theaviationist.com/2013/02/22/entire-f-35-fleet-grounded/
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: NBC's website hacked with malware Newsgroups: alt.folklore.computers Date: Sat, 23 Feb 2013 10:22:54 -0500"Joe Morris" <j.c.morris@verizon.net> writes:
besides reference in previous post
Mandiant report on Chinese cyberespionage used as bait in spear-phishing
attacks; Security researchers detected two spear-phishing attacks
distributing exploit-ridden copies of the Mandiant report
http://www.itworld.com/security/343909/mandiant-report-chinese-cyberespionage-used-bait-spear-phishing-attacks
another reference:
Hackers circulate tainted version of China cyber security report
http://news.yahoo.com/hackers-circulate-tainted-version-china-cyber-security-report-161934042--sector.html
and
NBC Website Hacked, Leading Visitors to Citadel Banking Malware
http://threatpost.com/en_us/blogs/nbc-website-hacked-leading-visitors-citadel-banking-malware-022113
Microsoft joins list of recently hacked companies
http://www.pcworld.com/article/2029177/microsoft-joins-list-of-recently-hacked-companies.html
Microsoft joins list of recently hacked companies
http://www.computerworld.com/s/article/9237074/Microsoft_joins_list_of_recently_hacked_companies
Microsoft the latest to be hit by hackers
http://phys.org/news/2013-02-microsoft-latest-hackers.html
Hack On Microsoft Similar To Attacks On Apple, Facebook
http://www.redorbit.com/news/technology/1112789963/microsoft-hack-similar-apple-facebook-022313/
Mandiant goes viral after China hacking report
http://news.yahoo.com/mandiant-goes-viral-china-hacking-report-012450562--sector.html
Microsoft joins Apple, Facebook, and Twitter; comes out as hack victim
http://arstechnica.com/security/2013/02/microsoft-joins-apple-facebook-and-twitter-comes-out-as-hack-victim/
All Those Companies that Can't Afford Dedicated Security
http://www.schneier.com/blog/archives/2013/02/all_those_compa.html
Inside the Hunt for Chinese Hackers
http://www.ecommercetimes.com/story/77372.html
US government shares hacking intelligence after slew of attacks on
nation
http://www.v3.co.uk/v3-uk/news/2250183/us-government-shares-hacking-intelligence-after-slew-of-attacks-on-nation
U.S. urged to take comprehensive action on Chinese cyberespionage
http://www.networkworld.com/news/2013/030413-30-years-of-pcworld-30-267336.html
but since it has been going on for years ... why all the recent coverage ... still suspicious that it is somehow intertwined with whats going on with congress and the budget process.
also some recent supposedly "cyber security" bills have been defeated because they were actually onerous cyber surveillance in disguise ... heavily lobbied by large DRM interests (only slightly related to countermeasures against foreign attackers).
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 23 Feb 2013 Subject: Implementing a Whistle-Blower Program - Detecting and Preventing Fraud at Workplace Blog: Financial Crime Risk, Fraud and SecurityImplementing a Whistle-Blower Program - Detecting and Preventing Fraud at Workplace
In the congressional Madoff hearings, they had the person that had tried unsuccessfully for a decade to get SEC to do something about Madoff (Madoff turned himself in forcing the regulators to do something, conjecture was that he had defrauded some bad people and was looking for gov. protection). The person testified that tips turn up 13 times more fraud than audits ... and that the SEC didn't even have a tip/whistle-blower hotline (but did have a 1-800 number for companies to complain about audits).
At the time that Sarbanes-Oxley was being debated ... the claims were that it would require both senior executives and auditors to do jail-time for false financial statements. There were snide remarks that SOX was unlikely anything more than full employment for the audit industry (sort of gift after the really bad reputation that the audit industry got in the wake of ENRON and WORLDCOM). There were other snide remarks that possibly the only provision in SOX that might result in anything was the whistle-blower provisions.
apparently even GOA didn't think that SEC was doing anything and
started doing reports of public company fraudulent financial filings,
even show uptic after Sarbanes-Oxley
http://www.gao.gov/products/GAO-03-395R ..
http://www.gao.gov/products/GAO-06-678 ..
https://www.gao.gov/products/gao-06-1079sp ..
recent posts mentioning congressional hearings (either Madoff &/or
pivotal role that the rating agencies played in the financial mess):
https://www.garlic.com/~lynn/2013.html#0 IBM Is Changing The Terms Of Its Retirement Plan, Which Is Frustrating Some Employees
https://www.garlic.com/~lynn/2013.html#44 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#49 Insider Fraud: What to Monitor
https://www.garlic.com/~lynn/2013.html#51 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013.html#62 Taleb On "Skin In The Game" And His Disdain For Public Intellectuals
https://www.garlic.com/~lynn/2013.html#66 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#9 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#30 Email Trails Show Bankers Behaving Badly
https://www.garlic.com/~lynn/2013b.html#35 Adair Turner: A New Debt-Free Money Advocate
https://www.garlic.com/~lynn/2013b.html#46 Bankers Who Made Millions In Housing Boom Misled Investors: Study
https://www.garlic.com/~lynn/2013b.html#53 Should Bethany McLean Be Bothered by the Government Lawsuit Against S&P?
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: New HD Newsgroups: alt.folklore.computers Date: Sat, 23 Feb 2013 15:16:52 -0500scott@slp53.sl.home (Scott Lurndal) writes:
the original mainframe tcp/ip product had some throughput issues
... getting about 44kbytes/sec using nearly full 3090 processor. I did
the rfc1044 changes and in some tests at cray research got sustained
channel speed throughput between 4341 and cray ... using only modest
amount of 4341 processor (possibly 500 times improvement in bytes moved
per instruction executed). misc. past posts mentioning rfc1044
https://www.garlic.com/~lynn/subnetwork.html#1044
side-note, that tcp/ip pascal implementation was never known to have the multitude of errors and exploits that have plagued c-language based networking implementations.
I had also done an implementation of vm370 spool function with vs/pascal
running in virtual address space (replacement for assembler kenel
implementation). part of the motivation was trying to get factor of
100 times increase in throughput for vnet/rscs networking ... which
made used of the vm370 spool infrastructure. old email about trying
to get it adopted for the internal corporate network backbone ...
which was forstalled by enormous amount of mis-information being
generated by the communication group in its program to get the
internal corporate network moved to vtam/sna:
https://www.garlic.com/~lynn/2011.html#email870306
in this post
https://www.garlic.com/~lynn/2011.html#4
other old email mentioning vnet/rscs
https://www.garlic.com/~lynn/lhwemail.html#vnet
later ... after company went into the red in the early 90s ... there was effort to move to commercial vlsi design tools ... part of this was transfer of various internal vlsi design tools to commercial vlsi tool vendor. I got tasked with making one such 50,000 vs/pascal statement (vlsi design tool) portable to other workstation platforms. Working with pascal on another workstation platform ... it appeared that their pascal had never been used for anything other than simple student instruction (whole litany of problems ported to their pascal) ... and was compounded by the fact that they had outsourced their pascal support to organization 12 time-zones away ... even dropping by their hdqtrs location ... would still require overnight delay while details were exchanged with the outsourced entity.
misc. past posts mentioning the pascal vlsi tool port
https://www.garlic.com/~lynn/2001b.html#30 perceived forced conversion from cp/m to ms-dos in late 80's
https://www.garlic.com/~lynn/2004f.html#42 Infiniband - practicalities for small clusters
https://www.garlic.com/~lynn/2004k.html#34 August 23, 1957
https://www.garlic.com/~lynn/2005b.html#14 something like a CTC on a PC
https://www.garlic.com/~lynn/2007o.html#61 (Newbie question)How does the modern high-end processor been designed?
https://www.garlic.com/~lynn/2008j.html#77 CLIs and GUIs
https://www.garlic.com/~lynn/2009g.html#19 Top 10 Cybersecurity Threats for 2009, will they cause creation of highly-secure Corporate-wide Intranets?
https://www.garlic.com/~lynn/2010n.html#54 PL/I vs. Pascal
https://www.garlic.com/~lynn/2011m.html#27 "Best" versus "worst" programming language you've used?
https://www.garlic.com/~lynn/2012m.html#21 The simplest High Level Language
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From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: One reason for monocase was Re: Dualcase vs monocase. Was: Article for the boss... Newsgroups: bit.listserv.ibm-main Date: 23 Feb 2013 14:28:27 -0800cfmpublic@NS.SYMPATICO.CA (Clark Morris) writes:
from above:
I mention this because it is a classic software mistake. IBM was going
to announce the 360 in 1964 April as an ASCII machine, but their
printers and punches were not ready to handle ASCII, and IBM just HAD to
announce. So T.V. Learson (my boss's boss) decided to do both, as IBM
had a store of spendable money. They put in the P-bit. Set one way, it
ran in EBCDIC. Set the other way, it ran in ASCII.
But nobody told the programmers, like a Chinese Army in numbers! They
spent this huge amount of money to make software in which EBCDIC
encodings were used in the logic. Reverse the P-bit, to work in ASCII,
and it died. And they just could not spend that much money again to redo
it.
.... snip ... and (one of the Consequences):
Although some IBM customers would stay with all upper case for a while,
the introduction of lower case would destroy all collating precedent,
and IBM knew that, too. Especially from the STRETCH design in 1958,
where I made a big mistake in setting the collating sequence as
"A-a-B-b-C ..." [2]. Ordering alphabetically in dual case must be a
two-step process -- first on the letter itself, and then on the quality
of the letter (its case).
... snip ...
more ASCII
https://web.archive.org/web/20180513184025/http://www.bobbemer.com/ASCII.HTM
for other trivia ... recent posts mentioning Learson corporate directive
memorandum (on bureaucracy)
https://www.garlic.com/~lynn/2013.html#11
and, I suggested declaring Jan18 "T. Vincent Learson fight bureaucracy &
don't kill the individual" day ... also "Watson don't tame the wild
duck" day
https://www.garlic.com/~lynn/2013.html#12
and
https://www.garlic.com/~lynn/2013.html#18
other posts in this thread:
https://www.garlic.com/~lynn/2013b.html#43 Article for the boss: COBOL will outlive us all
https://www.garlic.com/~lynn/2013b.html#45 Article for the boss: COBOL will outlive us all
https://www.garlic.com/~lynn/2013b.html#51 Article for the boss: COBOL will outlive us all
https://www.garlic.com/~lynn/2013b.html#52 Article for the boss: COBOL will outlive us all
https://www.garlic.com/~lynn/2013b.html#55 Dualcase vs monocase. Was: Article for the boss
https://www.garlic.com/~lynn/2013b.html#56 Dualcase vs monocase. Was: Article for the boss
https://www.garlic.com/~lynn/2013b.html#57 Dualcase vs monocase. Was: Article for the boss
https://www.garlic.com/~lynn/2013b.html#58 Dualcase vs monocase. Was: Article for the boss
https://www.garlic.com/~lynn/2013b.html#59 Dualcase vs monocase. Was: Article for the boss
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virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: One reason for monocase was Re: Dualcase vs monocase. Was: Article for the boss... Newsgroups: bit.listserv.ibm-main Date: 24 Feb 2013 05:13:13 -0800re:
IBM ASCII reference also mentions getting collating sequence wrong in STRETCH
IBM Stretch references:
https://en.wikipedia.org/wiki/IBM_7030_Stretch
http://www.brouhaha.com/~eric/retrocomputing/ibm/stretch/
and
https://people.computing.clemson.edu/~mark/stretch.html
for other drift there is also ACS reference
https://people.computing.clemson.edu/~mark/acs.html
ending with ACS-360
https://people.computing.clemson.edu/~mark/acs_end.html
the above mentions investigation into making ACS-360 multithreaded.
In summer 1968, Ed Sussenguth investigated making the ACS-360 into a
multithreaded design by adding a second instruction counter and a second
set of registers to the simulator. Instructions were tagged with an
additional "red/blue" bit to designate the instruction stream and
register set; and, as was expected, the utilization of the functional
units increased since more independent instructions were available.
... snip ...
and finally cancellation:
After the cancellation a large number of ACS engineers wanted to stay in
California. Several chose to work on disk drive systems at the IBM San
Jose facility, including Mooney. Robelen and Galtieri left IBM to form
Mascor (Multi Access Systems Corp.), and Beebe, Buelow, Clements,
Tobias, Zasio, and others left IBM to join Mascor. Amdahl resigned in
September of 1970 and formed his own company shortly thereafter. Many of
the former ACS engineers at Mascor joined Amdahl after Mascor closed,
due to Mascor being unable to obtain the necessary additional venture
capital to stay afloat.
The S/360 Model 195 was announced in August 1969 after the ACS
cancellation, and a vector processing task force was started in
Poughkeepsie that same month.
... snip ...
I got sucked into some of this later in the 70s (nearing the death of FCS) when 370/195 people were looking at multithreaded simulated two-processor implementation ... and wanted me to help with multiprocessor software support. The issue was 195 pipelined stalled on conditional branches and most code ran at half 195 processing rate. Feeding the execution units from two independent instruction streams had chance keeping the execution units 100% busy.
The above also claims ES/9000 design being influenced by ACS-360
Amdahl says he knew nothing about Future System effort when he was
doing his clone processor company. However at a seminar he gave at MIT
in the early 70s (large auditorium, standing room only), a student
asked how did he make the case for investment money. His reply was
that IBM customers had already invested an enormous amount of money in
360 software development and even if IBM were to completely walk away
from 360 (possibly veiled reference to Future System killing off
360/370), that body of 360 software would keep him in business through
the end of the century. To large extent the company nearly killed
itself off in the early 90s ... and its mainframe business largely
lingers on based on that same body of 360 software ... mentioned
earlier in this thread:
https://www.garlic.com/~lynn/2013b.html#57 Dualcase vs monocase. Was: Article for the boss...
past posts mentioning Future System (including references about
continuing to work on 360/370 and periodically ridiculing FS activity)
https://www.garlic.com/~lynn/submain.html#futuresys
other STETCH drift ... HARVEST
https://en.wikipedia.org/wiki/IBM_7950_Harvest
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 24 Feb 2013 Subject: How to Cut Megabanks Down to Size Blog: Financial Crime Risk, Fraud and SecurityThe Untouchables; Masters of Fraud
Big banks are as risky as ever, economist warns
http://www.cbsnews.com/news/big-banks-are-as-risky-as-ever-economist-warns/
The Bankers' New Clothes: What's Wrong with Banking and What to Do
about It
http://press.princeton.edu/titles/9929.html
recent posts in this thread:
https://www.garlic.com/~lynn/2013b.html#0 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#9 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#12 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#48 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#50 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#54 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013b.html#65 How to Cut Megabanks Down to Size
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virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: Fortran Newsgroups: bit.listserv.ibm-main Date: 24 Feb 2013 07:29:27 -0800essteam@JUNO.COM (essteam@juno.com) writes:
as I've mentioned before, massive change in IBM culture started as Future System was failing ... and top executives had invested so much in Future System that they put off killing the effort, trying to save face ... competent people were put at risk ... since they would be more likely to critice ... as culture morphed from encouraging viguorous debate to sycophancy and make no waves under Opel and Akers ("Computer Wars: The Post-IBM World", Time Books, Ferguson & Morris).
this also showed up in the internal "MIP Envy" and "Tandem Memos"
discussions ... recent references
https://www.garlic.com/~lynn/2013b.html#23 AT&T Holmdel Computer Center films, 1973 Unix
https://www.garlic.com/~lynn/2013b.html#25 Still think the mainframe is going away soon: Think again. IBM mainframe computer sales are 4% of IBM's revenue; with software, services, and storage it's 25%
https://www.garlic.com/~lynn/2013b.html#26 New HD
https://www.garlic.com/~lynn/2013b.html#58 Dualcase vs monocase. Was: Article for the boss
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Date: 29 Jan 2013 Subject: Capitalism is so broken it can't be fixed Commentary: Saving capitalism will not save America Blog: Google+re:
Capitalism is so broken it can't be fixed Commentary: Saving
capitalism will not save America
http://www.marketwatch.com/story/capitalism-is-so-broken-it-cant-be-fixed-2013-02-23
There is long-winded discussion in (linkedin closed) "Financial Crime
Risk, Fraud and Security" about "How to Cut Megabanks Down to Size"
... couple of my recent posts archived here
https://www.garlic.com/~lynn/2013b.html#65
https://www.garlic.com/~lynn/2013b.html#74
with various recent references:
The Untouchables; Masters of Fraud
http://www.counterpunch.org/2013/02/22/the-untouchables/
Big banks are as risky as ever, economist warns
http://www.cbsnews.com/news/big-banks-are-as-risky-as-ever-economist-warns/
The Bankers' New Clothes: What's Wrong with Banking and What to Do
about It
http://press.princeton.edu/titles/9929.html
this
https://www.garlic.com/~lynn/2013b.html#54
discusses GLBA not only repeals Glass-Steagall (allowing too-big-to-fail to compete in other industries) but also tries to prevent anybody else from getting bank charters (eliminating competition with too-big-to-fail)
earlier reference:
Why the World Economic Forum and Goldman Sachs are Capitalism's Worst Enemies
http://www.nakedcapitalism.com/2013/01/davos-still-pushes-failed-global-vision.html
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virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: Spacewar! on S/360 Newsgroups: bit.listserv.ibm-main Date: 25 Feb 2013 05:59:33 -0800spmcbride@US.IBM.COM (Sean P. McBride) writes:
two-person game with the 2250 keyboard partitioned in half for controls ... my kids would come in on weekends and play it.
maybe confusing a couple other things.
Ed & I transferred from science center to San Jose Research about the
same time. I imported an early (fortran) version of adventure (had been
ported from pdp10 to vm370/cms) and made it available inside the
corporation (if somebody got all the points, I would send them the
fortran source, one person then ported it to PLI). At one point lots of
people in the santa teresa lab (now silicon valley lab) were playing it
first shift ... instead of working. Their management decreed that after
certain date, anybody caught playing first shift would be severely
disciplined (rumor is that something similar was happening at other
labs). TYMSHARE (up valley from san jose research) had gotten version
from Stanford for their PDP10 and then somebody at TYMSHARE had ported
from PDP10 to their vm370/cms service. TYMSHARE trivia ... TYMSHARE made
their vm370/cms online computer conferencing free to share starting in
aug76 ... archive here:
http://vm.marist.edu/~vmshare
sometimes(?) "404" ... but also at wayback machine
http://vm.marist.edu/~vmshare/
Later, somebody (the author of rexx) did multiuser client/server version of spacewar for vm370/cms. There was game server ... and game clients that could "connect" to a game server. It used the internal SPM for client/server communication. VNET supported SPM ... so clients could run on either the same machine as a game server ... or connect from anywhere on the internal network. The clients used cms 3270 terminal ... however some number of people wrote client 'bots ... that automated controls and would start to beat all other players. game server was then modified that power use/penalty increased non-linear as the interval between client moves decreased (as attempt to level the playing field between real people players and 'bot players).
Edson wiki reference:
https://en.wikipedia.org/wiki/Edson_Hendricks
other drift, ITUNEs app about Edson (there is also book)
https://itunes.apple.com/us/app/cool-to-be-clever-edson-hendricks/id483020515?mt=8
VNET wiki reference
https://en.wikipedia.org/wiki/IBM_VNET
misc. past posts mentioning internal network
https://www.garlic.com/~lynn/subnetwork.html#internalnet
the internal VNET technology was also the basis for univ. BITNET (&
EARN in Europe; trivia BITNET is where this ibm-main mailing list
originated). misc. past posts mentioning bitnet
https://www.garlic.com/~lynn/subnetwork.html#bitnet
bitnet wiki
https://en.wikipedia.org/wiki/BITNET
misc. past posts mentioning spacewar, adventure, and/or SPM:
https://www.garlic.com/~lynn/2000b.html#67 oddly portable machines
https://www.garlic.com/~lynn/2000g.html#24 A question for you old guys -- IBM 1130 information
https://www.garlic.com/~lynn/2001b.html#71 Z/90, S/390, 370/ESA (slightly off topic)
https://www.garlic.com/~lynn/2001f.html#10 5-player Spacewar?
https://www.garlic.com/~lynn/2001f.html#13 5-player Spacewar?
https://www.garlic.com/~lynn/2001f.html#14 5-player Spacewar?
https://www.garlic.com/~lynn/2001h.html#8 VM: checking some myths.
https://www.garlic.com/~lynn/2001j.html#26 Help needed on conversion from VM to OS390
https://www.garlic.com/~lynn/2002i.html#20 6600 Console was Re: CDC6600 - just how powerful a machine was
https://www.garlic.com/~lynn/2002j.html#22 Computer Terminal Design Over the Years
https://www.garlic.com/~lynn/2002o.html#17 PLX
https://www.garlic.com/~lynn/2003c.html#0 Wanted: Weird Programming Language
https://www.garlic.com/~lynn/2003c.html#72 OT: One for the historians - 360/91
https://www.garlic.com/~lynn/2003d.html#38 The PDP-1 - games machine?
https://www.garlic.com/~lynn/2003f.html#39 1130 Games WAS Re: Any DEC 340 Display System Doco ?
https://www.garlic.com/~lynn/2003m.html#14 Seven of Nine
https://www.garlic.com/~lynn/2004d.html#45 who were the original fortran installations?
https://www.garlic.com/~lynn/2004f.html#32 Usenet invented 30 years ago by a Swede?
https://www.garlic.com/~lynn/2004m.html#20 Whatever happened to IBM's VM PC software?
https://www.garlic.com/~lynn/2005k.html#22 Where should the type information be?
https://www.garlic.com/~lynn/2005r.html#12 Intel strikes back with a parallel x86 design
https://www.garlic.com/~lynn/2005t.html#40 FULIST
https://www.garlic.com/~lynn/2005u.html#4 Fast action games on System/360+?
https://www.garlic.com/~lynn/2006e.html#28 MCTS
https://www.garlic.com/~lynn/2006n.html#7 Linux mainframe game machine
https://www.garlic.com/~lynn/2006n.html#41 Tek 4010, info and prices
https://www.garlic.com/~lynn/2007o.html#68 CA to IBM TCP Conversion
https://www.garlic.com/~lynn/2008g.html#22 Was CMS multi-tasking?
https://www.garlic.com/~lynn/2008r.html#62 PC premiered 40 years ago to awed crowd
https://www.garlic.com/~lynn/2009q.html#5 real-time messages
https://www.garlic.com/~lynn/2010d.html#74 Adventure - Or Colossal Cave Adventure
https://www.garlic.com/~lynn/2010h.html#0 What is the protocal for GMT offset in SMTP (e-mail) header time-stamp?
https://www.garlic.com/~lynn/2010k.html#33 Was VM ever used as an exokernel?
https://www.garlic.com/~lynn/2010l.html#12 Idiotic programming style edicts
https://www.garlic.com/~lynn/2010m.html#28 CSC History
https://www.garlic.com/~lynn/2011.html#5 Is email dead? What do you think?
https://www.garlic.com/~lynn/2011g.html#45 My first mainframe experience
https://www.garlic.com/~lynn/2011g.html#49 My first mainframe experience
https://www.garlic.com/~lynn/2011g.html#56 VAXen on the Internet
https://www.garlic.com/~lynn/2011i.html#66 Wasn't instant messaging on IBM's VM/CMS in the early 1980s
https://www.garlic.com/~lynn/2011j.html#4 Announcement of the disk drive (1956)
https://www.garlic.com/~lynn/2011l.html#24 computer bootlaces
https://www.garlic.com/~lynn/2011m.html#49 CMS load module format
https://www.garlic.com/~lynn/2011n.html#9 Colossal Cave Adventure
https://www.garlic.com/~lynn/2011o.html#21 The "IBM Displays" Memory Lane (Was: TSO SCREENSIZE)
https://www.garlic.com/~lynn/2012d.html#24 Inventor of e-mail honored by Smithsonian
https://www.garlic.com/~lynn/2012d.html#27 Inventor of e-mail honored by Smithsonian
https://www.garlic.com/~lynn/2012d.html#30 Inventor of e-mail honored by Smithsonian
https://www.garlic.com/~lynn/2012d.html#38 Invention of Email
https://www.garlic.com/~lynn/2012e.html#64 Typeface (font) and city identity
https://www.garlic.com/~lynn/2012f.html#6 Burroughs B5000, B5500, B6500 videos
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