On 2013-01-05 9:31 AM, Ryan Sleevi wrote:
On Fri, January 4, 2013 3:06 pm, James A. Donald wrote:
  On 2013-01-05 8:05 AM, Ryan Sleevi wrote
Can you explain how, exactly, incumbents leverage any power to keep new
entrants out?
  Such behavior is necessarily a deviation from official truth, from the
  way certification is supposed to work, thus the only way to observe such
  behavior would be if emails leaked, as in the climategate files where we
  saw how peer review actually worked..

  Analogously, regulators, financial audits and ratings agencies were
  supposed to ensure that banks only invested in safe stuff.  When the
  proverbial hit the fan, it became apparent that regulators, financial
  audits and ratings agencies in practice ensured that banks only invested
  in politically correct stuff, but no one can explain how, exactly, this
  happened - well it is pretty obvious how it happened, and one can make a
  pretty good guess how it happened, but there is no direct official
  evidence as to how it happened.
While I appreciate a good bit of paranoia and tin-foil hat wagging as much
as the next person, I think your analogy breaks down pretty critically.

In the case you referenced, it was the role of auditors and regulators to
keep people out / keep people honest, and they failed, and so more people
/ dishonest people got in.

Regulators such as Jon Corzine?

They did not "fail". In the US most of the money that was pissed away in the great financial crisis was not pissed away on financial engineering, splitting derivatives, and enriching bankers, but on rewarding targeted voting blocks and specific get-out-the-vote organizations - from which may infer what went on behind the scenes, plus some small amount of what went on behind the scenes has been revealed, leading to the suspicion that behind the scenes, it was all like that.

  However, the speculation about CA collusion
requires the CAs to be working hard to keep new entrants out - the exact
*opposite* behaviour.

Long established bankers, such as Angelo Mozillo, heading long established banks, made dud loans and bribed government employees to take the loans off his hands at face value, Who were these new entrants of which you speak? Jon Corzine?

Similarly, long established CAs, such as verisign, presumably bribe existing browser teams.

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