https://pinboard.in/u:jm/public/ recent bookmarks from jm 2014-07-06T22:55:23+00:00 http://www.nakedcapitalism.com/2014/07/fact-week-spam-newsletter-caused-bank-run-bulgaria.html jmAccording to the Bulgarian National Security Agency (see here, for a reporting in English), an investment company that “built a network of associated companies for marketing services” that was used to diffuse panic by means of an alert, uncomfortably titled “Information Bulletin of on the Risk of Deposits in Bulgarian Banks”. The “bulletin” claimed – Bloomberg reports – KTB was undergoing a liquidity shortage. The message apparently also said that the government deposit guarantee fund was under-capitalised to meet possible repayments, that banks could go bankrupt and that the peg of the currency with the euro could be broken. Allegedly, the alert was diffused by text, email and even Facebook messages, thus ensuring a very widespread outreach. In a country that in 1997 underwent a very serious banking crisis featuring all these characteristics – whose memory is still fresh – this was enough to spur panic. ]]> spam banking bulgaria banks euro panic facebook social-media https://pinboard.in/ https://pinboard.in/u:jm/b:3957d942ad81/ 2013-11-19T12:20:35+00:00 http://www.cl.cam.ac.uk/~sjm217/projects/currency/ jmRecent printers, scanners and image manipulation software identify images of currency, will not process the image and display an error message linking to www.rulesforuse.org. The detection algorithm is not disclosed, however it is possible to test sample images as to whether they are identified as currency. This webpage shows an initial analysis of the algorithm's properties, based on results from the automated generation and testing of images. [...] Initially it was thought that the "Eurion constellation" was used to identify banknotes in the newly deployed software based system, since this has been confirmed to be the technique used by colour photocopiers, and was both necessary and sufficient to prevent an item being duplicated using the photocopier tested. However further investigation showed that the detection performed by software is different from the system used in colour photocopiers, and the Eurion constellation is neither necessary nor sufficent, and in fact it probably is not even a factor. ]]> eurion algorithms photoshop security currency money euro copying obscurity reversing https://pinboard.in/ https://pinboard.in/u:jm/b:9f954383a449/ 2012-03-30T15:09:25+00:00 http://karlwhelan.com/blog/?p=254 jm ireland economy bailout ecb eu euro anglo https://pinboard.in/ https://pinboard.in/u:jm/b:0da0d962d08d/ 2012-03-30T09:03:51+00:00 http://ftalphaville.ft.com/blog/2012/03/29/942841/can-we-make-irish-promissory-notes-a-bit-more-bonkers-yes-we-can/ jm ecb ireland politics anglo eu euro south-park profit https://pinboard.in/ https://pinboard.in/u:jm/b:bea39b7fc165/ 2011-12-06T10:04:08+00:00 http://www.rte.ie/news/money/debt/how-would-my-finances-change-if-euro-collapsed.html jm ireland euro disaster rte finance money mortgages https://pinboard.in/ https://pinboard.in/u:jm/b:6be0c60a3882/ 2010-12-01T11:21:11+00:00 http://www.irisheconomy.ie/index.php/2010/12/01/barry-eichengreen-on-the-irish-bailout/#comment-101577 jm ireland economy bailout eu euro https://pinboard.in/u:jm/b:7e17766a76a0/