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Goldman's Alleged Code Thief Makes Bail


InformationWeek
Last updated:
Wed, 08 Jul 2009 10:18:00 +0000

Comment: Bail? I would not be able to post bail if I stole a loaf of bread, let alone something as high tech as this program. All of this is happening while Obama is visiting his "comrades" in Russia...interesting!  There is a slight possibility that Sergey could have been framed -- it's not something that has not been tried and done before.

“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,” -- Seekingalpha 
One can always blame this guy when the markets go haywire again.

A Russian-born computer programmer who's accused of stealing sensitive trading code from investment firm Goldman Sachs has been released on $750,000 bail with tight restrictions.

While awaiting trial on charges of fraud and theft of trade secrets, Sergey Aleynikov is not allowed to access any of the data he allegedly stole. He's also barred from traveling beyond the New York City metro area, court records reviewed by InformationWeek indicate.


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