At 9:44 PM -0500 11/17/96, Brad Dolan wrote:
[I wonder who the "investor group" is comprised of? I wonder why TRW would sell something for $1B that is apparently valued at $1.7B? Reminds me of the local paper which was sold for $X to an investor group that included Sen. Howard Baker and (Pres. candidate) Lamar Alexander. The investor group then resold the paper for $2X or $3X. What business accumen! -bd]
TRW needed to launder $700 M. Or it may'be been a bribe for some other business deal. Or it may'be been a sweetheart deal for the ex-TRW execs. Jeez, ask a stupid question... :-} --Tim May "The government announcement is disastrous," said Jim Bidzos,.."We warned IBM that the National Security Agency would try to twist their technology." [NYT, 1996-10-02] We got computers, we're tapping phone lines, I know that that ain't allowed. ---------:---------:---------:---------:---------:---------:---------:---- Timothy C. May | Crypto Anarchy: encryption, digital money, tcmay@got.net 408-728-0152 | anonymous networks, digital pseudonyms, zero W.A.S.T.E.: Corralitos, CA | knowledge, reputations, information markets, Higher Power: 2^1,257,787-1 | black markets, collapse of governments. "National borders aren't even speed bumps on the information superhighway."