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| subject: | Reed Elsevier To Acquire |
Mulling over George Pope to STEVE ASHER 22 Jul 2004 Hi George... SA> GP> Coincidence that this purchase plan comes so soon after a news SA> GP> release of an unprecedentedly comprehensive personal information SA> GP> database? SA> it might be because of concerns about the founder of Seisint, Hank SA> Asher (not one of my immediate rellies, afaik), of Florida, who SA> resigned from the board after confirming that he smuggled cocaine SA> from Colombia to the USA, & was involved in a plot to assassinate SA> Daniel Ortega in the 1980s. (Who said crime doesn't pay?) GP> He just openly confirmed such details, eh? Apparently, according to many reports, such as: =========================================================================== CIBC sells stake in controversial database tracker Bank to pocket $52-million in deal to sell former drug smuggler's security company By PAUL WALDIE Thursday, July 15, 2004 - Page B3 The Canadian Imperial Bank of Commerce expects to pocket $52-million from the sale of a controversial Florida company that specializes in developing databases to track down terrorists. The Reed Elsevier Inc. group, based in London and Amsterdam, announced yesterday that it is buying Boca Raton, Fla.-based Seisint Inc. for $775-million (U.S.) in cash. The purchase price includes $30-million of cash and investments held by Seisint. CIBC acquired a stake in the privately held company in 2002 when it bought a portfolio of merchant banking investments from Bermuda-based Accenture Ltd., formerly known as Andersen Consulting. The portfolio had stakes in about 80 technology companies. CIBC did not disclose how much it paid for the portfolio at the time, but it had a book value of $95-million. (snip) Seisint was founded about 10 years ago by Hank Asher, a Florida entrepreneur with a checkered past. Last year, Mr. Asher resigned from the company's board after confirming he smuggled cocaine from Colombia into the United States in the early 1980s. He was also involved in a plot to assassinate Nicaragua's then-president Daniel Ortega in the mid-1980s. Seisint has developed an array of database services that meld commercially and publicly available records. The company's main product, Accurint, is widely used by legal and law enforcement agencies. Seisint is also involved in Matrix -- short for Multistate Anti- Terrorism Information Exchange -- which combines state records and data culled by Seisint to give investigators fast access to information on crime and terrorism suspects. The Matrix system has been criticized by civil liberty groups because it could be open to false accusations. Those concerns have prompted several states to pull out of the project, but other states, including Florida, back the system. (snip) http://www.globetechnology.com/servlet/ArticleNews/TPStory/LAC/20040715/ RCIBC15/TPTechnology/ =============================================================================== GP> Why would he, in any logic whatsoever, DO such an idiotic & GP> unnecessary thing (likewise a self-damaging thing to do!) I think he ended up over a barrel & had little choice. SA> GP> It's quite certain that the owners of a database would have SA> GP> free access to its contents! SA> It would be just as useful for creating a "legend" as for rooting SA> out "terrorists". GP> What "legend"? A "legend" to cover a spy's real identity - eg fictitiuos name & cover story, identity papers etc. SA> GP> It would seem equally certain that there are plenty of backdoor SA> GP> accesses built into it so the old owners will never completely lose SA> GP> the useful functionality of such tools of power! SA> SA> They are all in bed together - Reed Elsevier buys Seisint, which in part SA> is owned by the Canadian Imperial Bank of Commerce, which in turn got SA> its holding from Accenture (was Andersen Consulting). GP> Accenture is the one scaring me these days! They're getting FAR GP> too many gifts from the Canadian governments! And from the Florida government, apparently. It is Accenture that apparently designed Florida's central voter database, used in the 2000 US elections. :) (I'm trying to find out what the attraction is in Boca Raton, & why so many of these companies have headquarters or links there. It is an unusual name, & sticks in my mind when it keeps cropping up) ========================================================================= (Tallahassee Democrat) Posted on Fri, Jul. 23, 2004 Review of state voter database requested By Nancy Cook Lauer DEMOCRAT CAPITOL BUREAU CHIEF Secretary of State Glenda Hood is asking her inspector general to review the circumstances leading to the creation of the state's central voter database after the discovery that part of it - a list of possible felons to be purged from voter rolls - was flawed because it failed to include Hispanics. In particular, Hood said she wants to know how the database was created, how information was acquired, how its parameters were determined "and the information available to its designers from its inception to the present." "We are committed to ensuring successful elections in which every eligible voter can exercise his or her right to vote," Hood said. "We will continue to address issues related to this goal to ensure the public has the highest level of confidence in our elections system." (snip) Florida's central voter database was designed by technology giant Accenture, which holds hundreds of millions of dollars' worth of other contracts with the state of Florida. The database, which was used in the 2002 election, was created at a cost of $1.8 million. But the system, designed to be cross-checked across county lines to be sure voters are registered in only one county at a time, does not meet federal standards that were put into place after the database was built. That forced the state to get a waiver pushing the deadline back to 2006. Company pledges cooperation Accenture spokesman Jim McAvoy said his company had not yet been contacted by anyone from the Secretary of State's office, but it would cooperate in any investigation. (snip) Tallahassee Democrat - http://www.tallahassee.com/mld/democrat/9221306.htm ============================================================================ SA> Very reassuring to know that the "Matrix" was under the watchful eye of SA> a drug runner / assassin, another example of the fox guarding the SA> chookhouse. GP> Under his watchful eye? How do you know this drugrunner/assassin GP> isn't simply another pawn of an even bigger(but less defined) fox? I don't, and he quite likely is simply another pawn... Cheers, Steve.. ---* Origin: Xaragmata / Adelaide SA telnet://xaragmata.thebbs.org (3:800/432) SEEN-BY: 633/267 270 @PATH: 800/432 633/260 261/38 123/500 106/2000 633/267 |
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