BANZAI7 NEWS--The U.S. Justice Department arrested a former Goldman Sachs Inc. (GS) employee and charged him with stealing computer codes related to the firm's high-speed trading platform.
Sergey Aleynikov, a naturalized U.S. citizen who emigrated from Russia, allegedly unlawfully copied, duplicated, downloaded and transferred computer codes from a New York-based financial institution and uploaded the codes to a computer server in Germany, according to a complaint filed by federal prosecutors.
Aleynikov was a quantitative engineer recently employed by Goldman Sachs.
KING OF GREEK MODE
(King of the Road)
WilliamBanzai7
Sing along link: http://www.youtube.com/watch?v=rhApYxZisBI
Traders who just invent
Rules without common sense.
No phones, or blind fool bets
I ain't got no trading sense
Ah, but..two hours of crunchin in the data room
Buys an eight million dollar four bedroom
I'm a man of means by standard means
King of Greek Mode.
Black box, midnight brains
Programmed trades, just insane.
Old worn out suits and shoes,
Don't pay no heed to world news,
I smoke Cuban stogies and make garbled sounds
Short sell, but not too much all around
I'm a man of standard means by no means
King of Greek Mode.
I know every quant engineer from here to Maine
All of their children, and all of their names
And every printout in every town
And every black box that ain't locked
When no one's around.
I sing,
Traders who just invent
Rules easy to circumvent
No phone, or blind fool bets
I ain't got no trading sense
Ah, but, two hours of crunchin in the data room
Buys an eight million dollar four bed room
I'm a man of means by standard means
King of Greek Mode.
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