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by gcv
3997 days ago
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One thing about this case puzzles me, and none of the news coverage I found explains it: what code did he actually take?! Details matter. Was it a tweak of something like Samba (obviously GPL)? Or was it part of a proprietary risk management system, derivatives models, or other direct money-making programs? If he took the former, then I'd side with him — he took nothing of genuine value. If he took the latter, then, très uncool. (I witnessed several incidents of model theft while serving time on Wall Street in the mid-2000s, and none were publicly pursued like this one.) |
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They don't provide a ton of detail in the book, but it seems that he wanted to take some FOSS code he modified himself while at Goldman. All code ever used on a Goldman machine is licensed as proprietary, even if it was downloaded from a FOSS repository 1 µs beforehand. It's mentioned that some irrelevant infrastructure code may have been intermingled with the modified FOSS he took, though it doesn't seem Goldman was particularly incensed by any particular piece of code, simply by the fact that he took any to begin with.
Also in the book, Michael Lewis brings together a panel of HFT technologists to interview Sergey and assess whether anything he took was consequential. Their collective conclusion after meeting with him for several hours was that he took absolutely nothing of value.