TRW sells your credit data to British firm

[Timothy C. May]

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 at 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."