Whoa, cowboy. You did not "forfeit every asset." Those assets weren't yours to begin with, since they were got with stolen money. If you had stolen a car, you couldn't say "well, I got caught and I forfeited my car." If you had fenced that car, and bought a big-screen TV, it's still not something that you rightfully own - it's the proceeds of crime.
Also, "The misconception that my criminality did not lead to immense knowledge is wrong." Sure, you had to be knowledgeable to defraud people out of millions. Too bad you couldn't do it legally - guess you didn't have enough knowledge or smarts on how to do it right. You set out from the beginning to defraud people, So, why should anyone trust your "immense knowledge", when others in all walks of life make it without resorting to multi-million-dollar frauds?
Thinking you can just sit on your arse and write a couple of books and that will solve the problem is like the frequent posters here who ask slashdot "I just got laid off and I hear there's big money in programming." You have less credibility in finance than an Ouija board.
I'm not trying to be mean or anything - but you, and people who thought like you - that they could "take lots of money out and we'll cover it with huge profits" - were part of the reason for the financial crisis. Time to turn to "sweat of the brow" work, even if it will never give you the lifestyle you used to have. Certainly your victims are in the same position because they trusted you.
The same accounting that brought us the banking crisis?
My guess is that he was given credit for time in custody, and he's now on parole after serving 1/2 of his sentence, so he hasn't "served a 5 year prison sentence."
And for those who wish to argue this is slightly off-topic, white collar crime has ruined his victims' lives. Surveillance of known white-collar criminals should be fairly easy, since many of them depend on the internet for at least a portion of their scams, and you know who you need to keep an eye on.
"Oh, but he needs to make a living."
Sure, but not in anything that can allow him to commit more white-collar crimes while out on parole. Let him pick up garbage, learn how to lay bricks, whatever.
Despite Mr. Klatch’s success, his young age led to some reckless decisions. Mr. Klatch was indicted in 2011 by the federal government, and he subsequently accepted a guilty plea to four felony counts: Conspiracy to Defraud the United States, Securities Fraud, Wire Fraud, and Money Laundering. Mr. Klatch acknowledges that he engaged in deceptive marketing tactics, which led to some investor losses during the 2008-2010 financial crisis. However, he accepted responsibility for his actions, and successfully served a five-year federal prison sentence. Today, he is actively pursuing various avenues in order to make full restitution to his victims.
Kenyen Brown, U.S. Attorney for the Southern District of Alabama, is pleased to announce that Anthony J. Klatch, II, of Tampa, Florida and Sugarloaf Township, Pennsylvania, has pled guilty to one count each of conspiracy, securities fraud, wire fraud, and money laundering. These convictions all stem from his involvement in a fraudulent investment scheme involving the TASK Capital Partners hedge fund. All the TASK fund investors were located in either the Mobile area or in Florida. Combined, they lost a total of $2.3 million. In addition to spending time in prison, Klatch will be required to forfeit assets associated with his fraudulent activities. As part of his plea agreement, Klatch also agreed to the following facts about his involvement:
In January 2009, Anthony J. Klatch, II and Timothy Sullivan created the TASK Capital Partners, LP hedge fund, with Klatch serving as the fund’s Senior Managing Director and Chief Investment Officer.
After creating TASK, Klatch, Sullivan, and others solicited individuals to invest in the fund. This was done through a variety of means, including, but not limited to, providing potential investors with investment prospectuses, which contained material misrepresentations and material misleading omissions. At least one potential investor received this prospectus via e-mail.
From April through October 2009, seven investors invested approximately $2.3 million in the TASK hedge fund. Along with the seven investors, Klatch and Sullivan each invested $1 in TASK. Once investors agreed to invest money in the TASK fund, the investors used interstate wires to transfer, or to authorize a transfer of, money from their accounts into accounts managed by TASK. Wire transfers, or the authorizations to transfer money, for three of the TASK investors originated in the Southern District of Alabama.
Between April 2009 and December 2009, Klatch and Sullivan managed the $2.3 million of investment capital in TASK. However, only about 60 percent of this amount was ever actually invested. This 60 percent was lost over the course of eight months through a series of investments. In December 2009 and January 2010, all TASK investors were told by Klatch, Sullivan, and others that their entire investment had been lost in a single bad trade.
The remaining 40 percent of money in TASK was used for non-investment related expenditures. This includes $180,592.45 which ended up in Klatch’s personal bank account. Before ending up in his personal account, this money was moved through different bank accounts, via a series of transactions, which Klatch knew were designed in whole or in part, conceal or disguise the nature, location, source, ownership, or control of the proceeds.
In addition to his involvement in the TASK scheme, Klatch admits that he was also involved in similar fraudulent investment schemes involving American Private Equities, LLC, ARM Capital Management, LLC, and Vigilant Capital Management, LLC. Furthermore, Klatch agrees that the total fraud amount associated with these other funds will be included as relevant conduct for sentencing purposes. The parties agree that
Jesus Christ, the word is P A L L E T. It's the FOURTH FUCKING WORD IN THE HEADLINE. Are you not aware of copy + paste? It's been around for forty years!
I'm in Quebec, you insensitive clod:-)
Seriously though, I am, and the french word is palette. We kind of mix-n-match, which results in mistakes like this one.
A "collapsible shipping container like palette" would be harder to load and unload than a palette. And how do you accommodate over-high items? Or stuff that is over-wide?
I have hand loaded many of those standard sized shipping containers myself, with un-palleted materials, it takes two guys like 3-4 hours. And there is no reason that loading would be any faster than unloading.
You can unload 13,000 cases of unpalletized canned goods in four hours, the same amount of time it takes anyone else with pallets? That's pretty fucking amazing, I must say.
A boxcars-worth (86' - 13,000 cases) of anything won't fit into a standard shipping container (20') or even a double-length container (40').
Like many inventions, it's obvious with hind-sight. But palettes also required improvements elsewhere, such as factory floors that were reasonably level and solid, capable of supporting stacked palettes, and eventually racking.
But why would you bother? It would be the same question if your code base were written in.NET. Why would you bother writing a client layer in Java if you could do it in.NET?
Why bother maintaining multiple languages when you don't have to?
But since this won't happen in one fell stroke, it won't work. At some point, those who own the robots call the shots. What can YOU offer them (the owners) in return when they don't need your particular labor, and it's no longer marketable because huge swaths are all scrambling for a few crumbs? You can't have an economy where everyone is doing the equivalent of "taking in everyone else's laundry".
As a.NET developer you were able to build & run code on more than just Windows for a while now, including Linux, MacOS, iOs and Android.
The challenge is that the Windows implementation has one code base while Mono has a completely separate code base. The Mono community was essentially forced to re-implement.NET because no open source implementation was available. Sure, the source code was available since Rotor but we didn’t use an OSI approved open source license, which made Rotor a non-starter. Customers have reported various mismatches, which are hard to fix because neither side can look at the code of the other side. This also results in a lot of duplicated work in areas that aren’t actually platform specific. A recent example is immutable collections.
The best way to build a cross-platform stack is to build a single stack, in a collaborative manner. And the best way to do exactly that is by open sourcing it.
Building and running on non-Windows platforms. We currently only provide the ability to build and run on Windows. We intend to build a public working group between us and the Mono community once we have enough code out there.
In other words, it hasn't happened yet. They're still at the "laying the foundation" stage, by their own admission. NOT ready for prime time. Anyone using it today still needs to maintain multiple code bases.
.NET Core Runtime (CoreCLR). We’re currently figuring out the plan for open sourcing the runtime. Stay tuned!
Again, an announcement of what WILL happen. Again, not there yet.
The question isn't "is.NET viable today" but "is open-source.NET viable today"? The answer is a resounding NO. You're the one presenting the straw man, not me.
If it doesn't happen everywhere at once, then the proles are divided into the haves and have-nots. And since it won't happen anywhere "all at once", it's going to get extremely ugly.
Lets see... how much of the population lives in an area where conditions are right to grow everything they need to eat? Simple observation says it's less than the total human population, so what to do? Wishing for more water won't make it happen. Wishing for drought to "not happen" won't work. Wishing for snow not to cover the ground for months at a time won't happen for a while - and when it does, it will mean that global warming has turned other areas where people live into inhabitable deserts.
And even if everyone could be moved to the areas that have optimal growing conditions, they're going to need space to live. Where is that coming from? The people who already live there? Don't think they're going to like "squatters" taking over part of their "home". Who's going to police the conflicts that will cause? Or does everyone just print up armaments and leave it to the last one standing?
The fact is that while it might, theoretically, be possible to achieve, WE can't get there from here, because WE are humans.
And what is the incentive for the people owning the machines to give away everything they make for nothing?
Not being torn limb from limb by a hungry, homeless, and angry mob.
The problem with that scenario is that not everyone will end up in that situation simultaneously. As today, people who are not YET affected will fight to keep their privileged position, and be quite willing to step on the neck of those without, since "they made bad choices" or whatever. Those at the very top won't have to defend themselves until the very end.
how hard is it to rotate your phone 90 degrees? Vertical and horizontal composition have been valid for 150 years - don't blame photographers for 90lb CRT's or lazy web design.
When those videos are re-broadcast on TV they're seriously messed up. They have to be down-rezzed because the vertical resolution of an HD tv is 1080, while the vertical resolution of a smartphone video is significantly more. So you end up with these fugly videos that only take up 1/3 of your screen width on an HD tv.
China is the logical choice to ask. After all, they're behind many of the attacks on government and business. Kind of like "takes a thief to catch a thief."
Sure, the argument works both ways. However, the open source version of.NET doesn't work, and won't for the foreseeable future, so it's currently not an option to even consider. In other words, the article's headline is "Is an Open Source.NET Up To the Job?" and the answer is "No."
His second question, "is there an open source choice today that's popular enough to be considered the standard that employers would like?" C/C++ is open, but "too complicated" for many, so Java is the best candidate for an all-around language, with problem-domain-specific languages to supplement it depending on the task.
Sure, it works both ways. Anyone who goes "no no No NO!" is just being obstinate. However, it's going to take quite some time for the open source version of.NET to be of use to anyone.
You have a point, but it was either Stuxnet or a nuclear strike by Israel. Given those two options, I think we're all better off with Stuxnet.
Iran is close enough to Israel that they couldn't be sure the radiation from a nuclear strike wouldn't spread back to Israel.
The target was Natanz, which was a hardened undergound facility. The bombing would have been by conventional weapons first, to remove enough of the earth covering the concrete bunker so that a nuke could be dropped in the resulting hole. Yes, there would have been fall-out, but it would still have been better, in Israel's view, than having a regime hostile to them having nuclear weapons. Also of note - Israel's nukes are "surprisingly clean."
If the U.S. did not cripple Iran, Israel would strike Iran (or the U.S. ?) . Not sure what you are getting at.
Obviously the alternative is that Israel strikes at Iran. They've bombed nuclear facilities before, and it's US-Israeli policy that Israel remain the only ones in the region with nuclear and thermonuclear devices.
The facility that housed the stuxnet target was hardened to resist conventional bombing, so a combination of conventional bombs to create a "hole" in the overburden followed by a nuke dropped in the hole was the only other option to stuxnet.
Whoa, cowboy. You did not "forfeit every asset." Those assets weren't yours to begin with, since they were got with stolen money. If you had stolen a car, you couldn't say "well, I got caught and I forfeited my car." If you had fenced that car, and bought a big-screen TV, it's still not something that you rightfully own - it's the proceeds of crime.
Also, "The misconception that my criminality did not lead to immense knowledge is wrong." Sure, you had to be knowledgeable to defraud people out of millions. Too bad you couldn't do it legally - guess you didn't have enough knowledge or smarts on how to do it right. You set out from the beginning to defraud people, So, why should anyone trust your "immense knowledge", when others in all walks of life make it without resorting to multi-million-dollar frauds?
Thinking you can just sit on your arse and write a couple of books and that will solve the problem is like the frequent posters here who ask slashdot "I just got laid off and I hear there's big money in programming." You have less credibility in finance than an Ouija board.
I'm not trying to be mean or anything - but you, and people who thought like you - that they could "take lots of money out and we'll cover it with huge profits" - were part of the reason for the financial crisis. Time to turn to "sweat of the brow" work, even if it will never give you the lifestyle you used to have. Certainly your victims are in the same position because they trusted you.
The same accounting that brought us the banking crisis?
My guess is that he was given credit for time in custody, and he's now on parole after serving 1/2 of his sentence, so he hasn't "served a 5 year prison sentence."
And for those who wish to argue this is slightly off-topic, white collar crime has ruined his victims' lives. Surveillance of known white-collar criminals should be fairly easy, since many of them depend on the internet for at least a portion of their scams, and you know who you need to keep an eye on.
"Oh, but he needs to make a living."
Sure, but not in anything that can allow him to commit more white-collar crimes while out on parole. Let him pick up garbage, learn how to lay bricks, whatever.
You-should-ask-slashdot-to-publish-the-book-they-LIKE-hyphens.
Despite Mr. Klatch’s success, his young age led to some reckless decisions. Mr. Klatch was indicted in 2011 by the federal government, and he subsequently accepted a guilty plea to four felony counts: Conspiracy to Defraud the United States, Securities Fraud, Wire Fraud, and Money Laundering. Mr. Klatch acknowledges that he engaged in deceptive marketing tactics, which led to some investor losses during the 2008-2010 financial crisis. However, he accepted responsibility for his actions, and successfully served a five-year federal prison sentence. Today, he is actively pursuing various avenues in order to make full restitution to his victims.
FBI:
Kenyen Brown, U.S. Attorney for the Southern District of Alabama, is pleased to announce that Anthony J. Klatch, II, of Tampa, Florida and Sugarloaf Township, Pennsylvania, has pled guilty to one count each of conspiracy, securities fraud, wire fraud, and money laundering. These convictions all stem from his involvement in a fraudulent investment scheme involving the TASK Capital Partners hedge fund. All the TASK fund investors were located in either the Mobile area or in Florida. Combined, they lost a total of $2.3 million. In addition to spending time in prison, Klatch will be required to forfeit assets associated with his fraudulent activities. As part of his plea agreement, Klatch also agreed to the following facts about his involvement:
In January 2009, Anthony J. Klatch, II and Timothy Sullivan created the TASK Capital Partners, LP hedge fund, with Klatch serving as the fund’s Senior Managing Director and Chief Investment Officer.
After creating TASK, Klatch, Sullivan, and others solicited individuals to invest in the fund. This was done through a variety of means, including, but not limited to, providing potential investors with investment prospectuses, which contained material misrepresentations and material misleading omissions. At least one potential investor received this prospectus via e-mail.
From April through October 2009, seven investors invested approximately $2.3 million in the TASK hedge fund. Along with the seven investors, Klatch and Sullivan each invested $1 in TASK. Once investors agreed to invest money in the TASK fund, the investors used interstate wires to transfer, or to authorize a transfer of, money from their accounts into accounts managed by TASK. Wire transfers, or the authorizations to transfer money, for three of the TASK investors originated in the Southern District of Alabama.
Between April 2009 and December 2009, Klatch and Sullivan managed the $2.3 million of investment capital in TASK. However, only about 60 percent of this amount was ever actually invested. This 60 percent was lost over the course of eight months through a series of investments. In December 2009 and January 2010, all TASK investors were told by Klatch, Sullivan, and others that their entire investment had been lost in a single bad trade.
The remaining 40 percent of money in TASK was used for non-investment related expenditures. This includes $180,592.45 which ended up in Klatch’s personal bank account. Before ending up in his personal account, this money was moved through different bank accounts, via a series of transactions, which Klatch knew were designed in whole or in part, conceal or disguise the nature, location, source, ownership, or control of the proceeds.
In addition to his involvement in the TASK scheme, Klatch admits that he was also involved in similar fraudulent investment schemes involving American Private Equities, LLC, ARM Capital Management, LLC, and Vigilant Capital Management, LLC. Furthermore, Klatch agrees that the total fraud amount associated with these other funds will be included as relevant conduct for sentencing purposes. The parties agree that
Jesus Christ, the word is P A L L E T. It's the FOURTH FUCKING WORD IN THE HEADLINE. Are you not aware of copy + paste? It's been around for forty years!
I'm in Quebec, you insensitive clod :-)
Seriously though, I am, and the french word is palette. We kind of mix-n-match, which results in mistakes like this one.
Question #1: Is .NET up to the job?
The headline reads " Is an Open Source .NET Up To the Job?" And the answer is no.
"How do I hide a dead body?"
The '80s called - this sucked then, it still sucks now.
A "collapsible shipping container like palette" would be harder to load and unload than a palette. And how do you accommodate over-high items? Or stuff that is over-wide?
I have hand loaded many of those standard sized shipping containers myself, with un-palleted materials, it takes two guys like 3-4 hours. And there is no reason that loading would be any faster than unloading.
You can unload 13,000 cases of unpalletized canned goods in four hours, the same amount of time it takes anyone else with pallets? That's pretty fucking amazing, I must say.
A boxcars-worth (86' - 13,000 cases) of anything won't fit into a standard shipping container (20') or even a double-length container (40').
Like many inventions, it's obvious with hind-sight. But palettes also required improvements elsewhere, such as factory floors that were reasonably level and solid, capable of supporting stacked palettes, and eventually racking.
But why would you bother? It would be the same question if your code base were written in .NET. Why would you bother writing a client layer in Java if you could do it in .NET?
Why bother maintaining multiple languages when you don't have to?
But since this won't happen in one fell stroke, it won't work. At some point, those who own the robots call the shots. What can YOU offer them (the owners) in return when they don't need your particular labor, and it's no longer marketable because huge swaths are all scrambling for a few crumbs? You can't have an economy where everyone is doing the equivalent of "taking in everyone else's laundry".
In retaliation, sharks have implemented an anti-aircraft campaign.
Perhaps you need to read the the original announcement Salient points:
Lay the foundation for a cross platform .NET
As a .NET developer you were able to build & run code on more than just Windows for a while now, including Linux, MacOS, iOs and Android.
The challenge is that the Windows implementation has one code base while Mono has a completely separate code base. The Mono community was essentially forced to re-implement .NET because no open source implementation was available. Sure, the source code was available since Rotor but we didn’t use an OSI approved open source license, which made Rotor a non-starter. Customers have reported various mismatches, which are hard to fix because neither side can look at the code of the other side. This also results in a lot of duplicated work in areas that aren’t actually platform specific. A recent example is immutable collections.
The best way to build a cross-platform stack is to build a single stack, in a collaborative manner. And the best way to do exactly that is by open sourcing it. Building and running on non-Windows platforms. We currently only provide the ability to build and run on Windows. We intend to build a public working group between us and the Mono community once we have enough code out there.
In other words, it hasn't happened yet. They're still at the "laying the foundation" stage, by their own admission. NOT ready for prime time. Anyone using it today still needs to maintain multiple code bases.
.NET Core Runtime (CoreCLR). We’re currently figuring out the plan for open sourcing the runtime. Stay tuned!
Again, an announcement of what WILL happen. Again, not there yet.
The question isn't "is .NET viable today" but "is open-source .NET viable today"? The answer is a resounding NO. You're the one presenting the straw man, not me.
If it doesn't happen everywhere at once, then the proles are divided into the haves and have-nots. And since it won't happen anywhere "all at once", it's going to get extremely ugly.
Lets see ... how much of the population lives in an area where conditions are right to grow everything they need to eat? Simple observation says it's less than the total human population, so what to do? Wishing for more water won't make it happen. Wishing for drought to "not happen" won't work. Wishing for snow not to cover the ground for months at a time won't happen for a while - and when it does, it will mean that global warming has turned other areas where people live into inhabitable deserts.
And even if everyone could be moved to the areas that have optimal growing conditions, they're going to need space to live. Where is that coming from? The people who already live there? Don't think they're going to like "squatters" taking over part of their "home". Who's going to police the conflicts that will cause? Or does everyone just print up armaments and leave it to the last one standing?
The fact is that while it might, theoretically, be possible to achieve, WE can't get there from here, because WE are humans.
And what is the incentive for the people owning the machines to give away everything they make for nothing?
Not being torn limb from limb by a hungry, homeless, and angry mob.
The problem with that scenario is that not everyone will end up in that situation simultaneously. As today, people who are not YET affected will fight to keep their privileged position, and be quite willing to step on the neck of those without, since "they made bad choices" or whatever. Those at the very top won't have to defend themselves until the very end.
how hard is it to rotate your phone 90 degrees? Vertical and horizontal composition have been valid for 150 years - don't blame photographers for 90lb CRT's or lazy web design.
When those videos are re-broadcast on TV they're seriously messed up. They have to be down-rezzed because the vertical resolution of an HD tv is 1080, while the vertical resolution of a smartphone video is significantly more. So you end up with these fugly videos that only take up 1/3 of your screen width on an HD tv.
China is the logical choice to ask. After all, they're behind many of the attacks on government and business. Kind of like "takes a thief to catch a thief."
Automatically fix the dreaded Vertical Video Syndrome.
^^^ YES YES YESSSS!
Come on people, how hard is it to hold your phone like, you know, a regular camera when you're using it like a camera?
Sure, the argument works both ways. However, the open source version of .NET doesn't work, and won't for the foreseeable future, so it's currently not an option to even consider. In other words, the article's headline is "Is an Open Source .NET Up To the Job?" and the answer is "No."
His second question, "is there an open source choice today that's popular enough to be considered the standard that employers would like?" C/C++ is open, but "too complicated" for many, so Java is the best candidate for an all-around language, with problem-domain-specific languages to supplement it depending on the task.
Sure, it works both ways. Anyone who goes "no no No NO!" is just being obstinate. However, it's going to take quite some time for the open source version of .NET to be of use to anyone.
You have a point, but it was either Stuxnet or a nuclear strike by Israel. Given those two options, I think we're all better off with Stuxnet.
Iran is close enough to Israel that they couldn't be sure the radiation from a nuclear strike wouldn't spread back to Israel.
The target was Natanz, which was a hardened undergound facility. The bombing would have been by conventional weapons first, to remove enough of the earth covering the concrete bunker so that a nuke could be dropped in the resulting hole. Yes, there would have been fall-out, but it would still have been better, in Israel's view, than having a regime hostile to them having nuclear weapons. Also of note - Israel's nukes are "surprisingly clean."
If the U.S. did not cripple Iran, Israel would strike Iran (or the U.S. ?) . Not sure what you are getting at.
Obviously the alternative is that Israel strikes at Iran. They've bombed nuclear facilities before, and it's US-Israeli policy that Israel remain the only ones in the region with nuclear and thermonuclear devices.
The facility that housed the stuxnet target was hardened to resist conventional bombing, so a combination of conventional bombs to create a "hole" in the overburden followed by a nuke dropped in the hole was the only other option to stuxnet.