Debt Of Honor (1994) by Tom Clancy

Author:Tom Clancy [Clancy, Tom]
Language: eng
Format: mobi, epub
Published: 2011-03-17T20:24:01+00:00

Chapter 25.

All the King's Horses

It hadn't made the media yet, but that was about to change. The FBI was already looking for Chuck Searls. They already knew that it wouldn't be easy, and the truth of the matter is that all they could do, on the basis of what they had, was to question him. The six programmers who'd worked to some greater or lesser extent on the Electra-Clerk 2.4.0 program had all been interviewed, and all of them denied knowledge of what they all referred to as the "Easter Egg," in every case with a mixture of outrage at what had been done and admiration at how. Only three widely separated lines of code, and it had taken all six of them working together twenty-seven hours to find it. Then had come the really bad news: all six of them, plus Searls, had had access to the raw program. They were, after all, the six senior programmers at the firm, and like people with identical security clearances, each could access it whenever he or she wished, up to the very moment that it left the office on the toaster-disk. In addition, while there were records of access, each of them also had the ability to fiddle the coding on the master computer and either erase the access-time reference or mix it with the others. For that matter, the Easter Egg could have been in there for the months it had taken to perfect the program, so finely crafted it was. Finally, one of them admitted quite freely, any of them could have done it. There were no fingerprints on computer programs. Of greater importance for the moment, there was no way of undoing what Electra-Clerk 2.4.0 had done.

What it had done was sufficiently ghastly that the FBI agents on the case were joking grimly that the advent of sealed thermopane windows in Wall Street office buildings was probably saving thousands of lives. The last identifiable trade had been put up at 12:00:00, and beginning at 12:00:01, all the records were gobbledygook. Literally billions--in fact, hundreds of billions of dollars in transactions had disappeared, lost in the computer-tape records of the Depository Trust Company.

The word had not yet gotten out. The event was still a secret, a tactic first suggested by the senior executives of DTC, and so far approved by both the governors of the Securities and Exchange Commission and the New York Stock Exchange. They'd had to explain the reasons for it to the FBI. In addition to all the money lost in a crash such as had taken place on Friday, there would also have been quite a bit of money made through "puts," the name for derivative trades used by many brokers as hedges, and a means that allowed profit on a falling market. In addition, every house kept its own records of trades, and therefore, theoretically, it was possible over time to reconstruct everything that had been erased by the Easter Egg. But if word

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