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If you haven't read the Vanity Fair article mentioned, you should. http://www.vanityfair.com/business/2013/09/michael-lewis-goldman-sachs-programmer http://www.
by yanofsky 13y ago
If you haven't read the Vanity Fair article mentioned, you should. http://www.vanityfair.com/business/2013/09/michael-lewis-goldman-sachs-programmer http://www.vanityfair.com/business/2013/09/michael-lewis-gol...
Here are some damning excerpts:
"“Did you take the strats?” asked one (meaning Goldman’s trading strategies). “No,” said Serge. That was one thing the prosecutors hadn’t accused him of."
"McSwain [the FBI agent] later conceded that he didn’t seek out independent expert advice to study the code Serge Aleynikov had taken. (“I relied on statements from Goldman employees.”) "
"the F.B.I. had not sought help from someone who actually knew anything at all about computers or the high-frequency-trading business"
- hablahaha 13y agoThe Vanity Fair article made me sick to my stomach. I feel so, so bad for Serge. Too little, too late.