Latvian hacker Neo initiates fat cat revolt in Latvia

Latvian hacker Neo initiates fat cat revolt in Latvia

Latvian hacker becoming popular hero Neo, initiates fat cat revolt in Latvia

Latvian Hacker
A hacker becoming a popular hero maybe something best portrayed in movies such as the matrix trilogy but the same happening in reality was presumed to be not possible. A hacker from Latvia has done it in reality and has become a hero in the Baltic s, by leaking information on the finances of banks and state-run firms to Latvian TV, with this he initiates a potential revolt.

Matrix Neo
The Latvian hacker goes by the nick Neo who was the lead in Matrix Three part movie series has initiated a revolution against people whom he / she terms as fat cats. As a Matrix tribute, he / she is feeding embarrassing information such as the pay of managers who work for a Latvian bank that received a credit crunch bail out to the media via the online mobile social platform Twitter.

The information allegedly reveals that bankers failed to take promised salary cuts after their banks were forced to take a state hand-out or rather monetary relief from the government to stay afloat. More miscellaneous but interesting bits of information include undisclosed bonuses to senior staff at supposedly diminished loss making state-owned firms. Salaries fell steeply at the central bank last year in line with the rest of the public sector but its top employees still earned between 10 and 15 times more than the average Latvian, according to the leaked data. It is alleged that senior government officials are reportedly earning 2,000 lats ($4,000) a month or more while the salary of teachers has been slashed by one-third to $600 a month as part of an unpopular austerity package.

Fat Cat Revolt
The hacker has issued a call for rebellion against * fat cat * officials after stealing millions of government tax records to expose the salaries of senior bureaucrats. The anonymous hacker has claimed to be part of a group called the Fourth Awakening People s Army that downloaded more than seven million confidential tax documents from the State Revenue Service. A lot of Latvians have started to perceive Neo as a modern, virtual Robin Hood who initiated a revolt for his own people. Real identity of the hacker is still unknown.

About Latvia
Latvia is a country in the Baltic region of Northern Europe. Latvia regained independence on September 6, 1991, being one the last Baltic states to do so. Following years of economic stagnation in the early 1990s, Latvia posted Europe-leading GDP growth figures during the 1996–2006 time period. It received rapid accession into the EU. In the global financial crisis of 2008–2010 Latvia was among the hardest hit of the European Union member states, and as a result encountered a tempestuous change of government. The IMF, EU, and other donors provided assistance to Latvia as part of an agreement to defend the currency s peg to the euro and reduce the fiscal deficit to about 5% of GDP. The majority of companies, banks, and real estate have been privatized, although the state still holds sizable stakes in a few large enterprises. Latvia officially joined the World Trade Organization in February 1999. EU membership, a top foreign policy goal, came in May 2004. The budget-deficit remains a major concern.

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