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From: rburns@cup.portal.com (Randy J Burns)
Newsgroups: alt.security,alt.folklore.computers,comp.society.futures
Subject: Re: Feedback on Computer Crime
Message-ID: <32708@cup.portal.com>
Date: 12 Aug 90 00:40:33 GMT
References: <14443@wpi.wpi.edu> <9008081452.AA18175@stc06.CTD.ORNL.GOV>
  <14462@wpi.wpi.edu>
Organization: The Portal System (TM)
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I've thought that a lot of the aspects of computer
technology could do a lot to seriously change the
banking and finance system. I find it very interesting
the that hero of this summers box office hit is 
a Ghost that uses electronic funds transfer to snag
the movies villians (I'm thinking of the movie Ghost).

My guess is the extremly easy counterfieting, technologies
that tend to put more power into local hands and 
inability to keep secrets could topple many of the economic
powers-that-be.  I wonder how long until we until we really 
do have the 90's electronic equivalent of Bonnie and Clyde.
Frankly, when the causes of the  S&L crisis become widely 
known electronic vigilantism could well become widely accepted.
There are several fairly large companies run
by known mobsters(some of whom were also involved in
the S&L scam). I honestly doubt if the FBI would do much if
suddenly these companies found that they just couldn't keep
anything in the company secret or for that matter running.