Goldman Sachs’ trading system leaked on the internet

[lemeeeplay]

http://blogs.reuters.com/commentaries/2009/07/05/a-goldman-trading-scandal/


------------------
Did someone try to steal Goldman Sachs’ secret sauce?

While most in the US were celebrating the 4th of July, a Russian immigrant living in New Jersey was being held on federal charges of stealing top-secret computer trading codes from a major New York-based financial institution—that sources say is none other than Goldman Sachs.

The allegations, if true, are big news because the codes the accused man, Sergey Aleynikov, tried to steal is the secret code to unlocking Goldman’s automated stocks and commodities trading businesses. Federal authorities allege the computer codes and related-trading files that Aleynikov uploaded to a German-based website help this major “financial institution” generate millions of dollars in profits each year.
--------------------

 

[IanMacQuaide]

Don't mess with the Russian Mafia.

 

[lemeeeplay]

I posted this on the wrong forum. Meant to post it under Wall St news.

Could one of the Admins move this post please.

-thx

 

[laserwolf]

aww, come on, he had 'only intended to collect "open source" files on which he had worked but "later realized that he had obtained more files than he intended"'.

http://www.reuters.com/article/newsOne/idUSTRE5653U020090706

 

[ByLoSellHi]

F**k Goldman Sachs...filthy, criminal, thieving bastards.

That's who all of you are getting cut by, whether you realize it or not. It's a zero sum world, and Goldman has you by the balls because of who they know, not what they know.

 

[Now is Now]

Quote from IanMacQuaide:

Don't mess with the Russian Mafia.

They are smart....so it is more than likely they are a client of GS's