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All thing aside, the final graph describes how the company was bought from the CIA by an entrepreneur...except he didn't know it was CIA owned at the time and n
by partiallypro 6y ago
All thing aside, the final graph describes how the company was bought from the CIA by an entrepreneur...except he didn't know it was CIA owned at the time and now that company he bought is probably effectively worthless. That sucks pretty bad.
- jeffrallen 6y agoThat Crypto AG had sold vulnerable machines was not a secret when he bought it. He either didn't want to know, or was so stupendously bad at due diligence that he didn't find out what anyone with 15 years history on cryptography could have told him. Either way, I'm not crying for him. But the revocation of unrelated export licences this year by Switzerland out of embarrassment was deemed illegal, and that really is too bad. Bern killed a company, and cost Zug 80 jobs. Not cool.
- anthony_r 6y agoYou think that losing 80 jobs is really the biggest problem here?
- LanceH 6y agoTo 80 people and their families, yes. And to many others who are concerned they may be next. Repeat this enough times and you have a large contingent voting for the other guy, regardless of how awful he may seem.
- 082349872349872 6y agoCrypto AG probably cost Zug much more than 80 net present jobs in reputation damage.