[110724] in cryptography@c2.net mail archive
Re: PlayStation 3 predicts next US president
daemon@ATHENA.MIT.EDU (John Levine)
Fri Dec 14 10:56:59 2007
Date: 13 Dec 2007 20:58:18 -0000
From: John Levine <johnl@iecc.com>
To: cryptography@metzdowd.com
In-Reply-To: <Pine.SOL.4.61.0712111514490.29938@mental>
Cc: leichter_jerrold@emc.com
>The financial industry has actually created its own system - I forget
>the name, some like a Gold Bond Certification - that it requires for
>certain "high-importance" transactions (e.g., a document asserting you
>own some stock for which you've lost the certificates).
That's a medallion signature guarantee provided by a bank or similar
institution. Unlike a notary, the guarantee means something, with
the institution accepting liability for forgery.
Not surprisingly, it's a rare bank bank who will do this for anyone who
isn't already a customer. At my bank, the same person happens to be a
notary and the guarantee officer and she knows me, so she just asks which
stamp I want.
http://en.wikipedia.org/wiki/Medallion_signature_guarantee
http://www.sec.gov/answers/sigguar.htm
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