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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: axial who wrote (30561)	7/11/2009 2:07:48 PM
From: Frank A. Coluccio	Read Replies (1) of 46821

A case of financial espionage: Goldman Sachs Punked? The Case of the Stolen Proprietary Algorithm By Numerian \| The Agonist \| July 7, 2009 A case of financial espionage raises questions about Wall Street’s proprietary trading practices and exactly what role they play in the market. The perpetrator of the espionage, Sergei Aleynikov, is a former computer programmer and equity specialist at Goldman Sachs. He is alleged to have downloaded secret software at Goldman that is used to direct large volume, rapid-fire trades to exchanges and commodity markets, often just before the close of regular trading. Cont.: agonist.org ------

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