Russian Immigrant Who Worked At Goldman Stole Trading Code
http://www.guestworkerfraud.com/
Russian Immigrant Who Worked At Goldman Stole Trading Code
I guess this is what is meant by "immigrants help keep America competitive". What's worse, Goldman paid the guy over $400,000 per year - as a PROGRAMMER. And people say American programmers who make $150K make too much?
Also note how badly this DAMAGES Goldman's competitiveness instead of helping it. You get what you paid for. Hire criminals posing as highly-qualified imported labor, you will end up losing more than if you just hired an honest American worker to begin with.
Let this be a lesson to Corporate America! HIRE AMERICAN!
http://www.bloomberg.com/apps/news?pid= ... SjBHO2lOJk
July 6 (Bloomberg) -- Goldman Sachs Group Inc. may lose its investment in a proprietary trading code and millions of dollars from increased competition if software allegedly stolen by a former employee gets into the wrong hands, a prosecutor said.
Sergey Aleynikov, an ex-Goldman Sachs computer programmer, was arrested July 3 after arriving at Liberty International Airport in Newark, New Jersey, U.S. officials said. Aleynikov, 39, who has dual American and Russian citizenship, is charged in a criminal complaint with stealing the trading software. Teza Technologies LLC, a Chicago-based firm co-founded by a former Citadel Investment Group LLC trader, said it suspended Aleynikov, who started there on July 2.
At a court appearance July 4 in Manhattan, Assistant U.S. Attorney Joseph Facciponti told a federal judge that Aleynikov’s alleged theft poses a risk to U.S. markets. Aleynikov transferred the code, which is worth millions of dollars, to a computer server in Germany, and others may have had access to it, Facciponti said, adding that New York-based Goldman Sachs may be harmed if the software is disseminated.
“The bank has raised the possibility that there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways,â€