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Re: [EXLIBRIS-L] O tempore! O mores!



Culture and its continuance always take second place to money.

Best regards. -Michael Watson

At 06:55 PM 12/13/2006, you wrote:

The following story appeared on Yahoo today. Am I the only one who finds this a little disturbing? Here's a guy who apparently caused just about the same amount of damage for some of the same reasons as Smiley, and he gets over eight years in prison. Maybe he didn't cooperate? I suspect he managed to damage a component of society that courts and judges value more highly than they do maps and other such cultural objects. Note that this guy got the maxium possible sentence.

Everett Wilkie
2006 Carey Road
Kinston, NC 28501
ewilkie@ix.netcom.com
252-522-0261
Cell:  717-419-9419
"Side effects include drowsiness"
--Sleeping pill warning

+++++++++++++++++++

Man gets 8 years for computer sabotage

A former UBS PaineWebber systems administrator was sentenced Wednesday to
eight years and one month in prison for attempting to profit by detonating a
"logic bomb" program that prosecutors said caused millions of dollars in
damage to the brokerage's computer network in 2002.

Roger Duronio also was ordered to pay $3.1 million in restitution to his
former employer, now known as UBS Financial Services Inc., part of the Swiss
banking company UBS AG.

Duronio, 64, of Bogota was put under house arrest by U.S. District Judge
Joseph A. Greenaway Jr. until he is assigned to a prison. He had been free
on $1 million bond.

The term was the maximum under sentencing guidelines, which pleased U.S.
Attorney Christopher J. Christie.

"This was a fitting, appropriately long sentence," Christie said. "Duronio
acted out of misplaced vengeance and greed. He sought to do financial harm
to a company and to profit from that, but he failed on both counts."

A message left for Duronio's lawyer, Christopher D. Adams, was not
immediately returned.

A federal jury in July convicted Duronio on one count of securities fraud
and one count of computer fraud, and acquitted him on two counts of mail
fraud.

Prosecutors presented evidence that Duronio was angry with the company,
where he had worked for nearly two years in Weehawken, because he expected
an annual bonus of $50,000 but got $32,500.

Evidence showed Duronio ultimately lost $23,000 he invested in a stock
market bet against UBS because the ploy failed to reduce the company's share
price.

Duronio planted the logic bomb in some 1,000 of PaineWebber's approximately
1,500 networked computers in branch offices around the country and resigned
from the company Feb. 22, 2002, prosecutors said.

That day, Duronio went to a broker and bought what are called "put options"
for UBS stock, prosecutors said. Those give the purchaser the right to sell
shares for a fixed per-share price, so the lower a stock falls the more
valuable the option becomes.

Duronio placed his last trade on March 1, 2002, and the logic bomb attack
took place three days later, deleting files on 1,000 computers, prosecutors
said.

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