Feeds

Mexican geeks crack controversial gov't report

A day late and a dollar short

  • alert
  • submit to reddit

High performance access to file storage

Mexico's leftist Democratic Revolution Party (PRD) Wednesday revealed a long-sought list of 2300 questionable loans that it obtained by cracking a password on a protected CD, Reuters reports.

"Here you are going to find big loans to very well-known companies," PRD legislator Pablo Gomez said as the list was released at a news conference.

The PRD had recently commissioned computer hackers to crack a password protecting a list of those benefiting from a $100 billion bank bailout which followed the currency crisis of 1994 and 1995.

Opposition leaders had called for publication of the list, which they claimed would implicate businessmen and government officials in shady loan schemes, hoping to have the information public before the recent presidential election, which was held on 2 July.

The disk containing the information had been protected by five passwords held by Mexico's chief political parties. Four opposition parties revealed their passwords, but the ruling Institutional Revolutionary Party (PRI) declined.

Now that the information has been obtained, unfortunately a bit late for use as campaign ammunition, the PRD will set about establishing that the bank bailout scheme enabled corrupt bankers and government officials to recover losses on illegal loans.

Under the rules of the bailout, beneficiaries must repay the government for any loans covered in the rescue that are found to have been dirty, Reuters notes.

Gomez said at the news conference that questionable loans covered by the rescue operation included some to PRI supporters, including the well-known Hank Gonzalez, Gutierrez Cortina and Santos de Hoyos families, the wire service says.

The list also included the names of former bankers already being criminally prosecuted for alleged fraud: Carlos Cabal Peniche of Cremi-Union, Jorge Lankenau of Confia and Angel Isidoro Rodriguez of Banpais. ®

Related Story

Mexican opposition party hires crackers

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Nokia offers 'voluntary retirement' to 6,000+ Indian employees
India's 'predictability and stability' cited as mobe-maker's tax payment deadline nears
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
Adrian Mole author Sue Townsend dies at 68
RIP Blighty's best-selling author of the 1980s
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.