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by yanofsky
4640 days ago
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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-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" |
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