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  1. #1
    Senior Member millere's Avatar
    Join Date
    Mar 2006

    Russian Immigrant Who Worked At Goldman Stole Trading Code

    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! ... 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,

  2. #2
    Senior Member
    Join Date
    Nov 2007
    Serves them right!

    Too bad we can't confiscate the trillions they've made off the back of the American taxpayers. Too bad we can never retrieve the years of hard work the American people lost through Goldmans teasonus deeds while working with the federal reserve to confiscate America's wealth through illegal tax policy and coersion with the federal government, the mother of all criminal enterprises.

    I'm ready for the next stock market crash, are you?

    Go RON PAUL! Get these criminals out of American life.
    Unless we get those criminals & make them pay for what they have done to our country and the lawlessness they have sponsored, we are just another Mexico ourselves!

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