PROTOCOL: Encrypted Open Books

jamesd at echeque.com jamesd at echeque.com
Thu May 23 03:35:31 PDT 1996


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

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

If an employee does this, then the loss will show up on the 
books.
 ---------------------------------------------------------------------
              				|  
We have the right to defend ourselves	|   http://www.jim.com/jamesd/
and our property, because of the kind	|  
of animals that we are. True law	|   James A. Donald
derives from this right, not from the	|  
arbitrary power of the state.		|   jamesd at echeque.com







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