FBI Arrests Goldman Sachs Spy With World Record Speed

[super mario]

Да, да, да. Безусловно. Ещё про серебро прокомментируйте, пожалуйста.

"The fact that they are not following you doesn't mean you are not paranoid".

Боюсь, что дело далеко не только в серебре.

[super mario]

“The second thing that they can do is actually analyze the code so that they know what Goldman’s going to do before Goldman does it and kind of reverse engineer Goldman’s strategies and make money basically at the expense of Goldman.”

Я плакаль

[super mario]

It’s logical to conclude that Aleynikov planned to use the code at his new company, the prosecutor said.


Надо было подождать и посмотреть, а так нету "damage" нет и клейма...
А вообще понятно почему его хотят изолировать. Тут согласен с весельчак U.

[Veselchak U]

А про сервер на Неметчине интересно -- он что, залил код с рабочего компа? Он же все таки не оффисный планктон, должен понимать что к чему.

[super mario]

А про сервер на Неметчине интересно -- он что, залил код с рабочего компа? Он же все таки не оффисный планктон, должен понимать что к чему.

Вроде как из-дому тож работал, вот и загрузил. Надо было watch his back, если хотел уходить.

[Veselchak U]

Так на своем, а не рабочем лапте он дома работал.

The firm was aware that Aleynikov, who is the father of three young girls, was downloading programs to his personal computer to do work at home and that he hasn’t disseminated the code, the lawyer said.

Значит служба безпеки Голдмана ему жучка поставила на его комп. Так, на всякий случай Загадки, загадки...

[super mario]

Так на своем, а не рабочем лапте он дома работал.

The firm was aware that Aleynikov, who is the father of three young girls, was downloading programs to his personal computer to do work at home and that he hasn’t disseminated the code, the lawyer said.

Значит служба безпеки Голдмана ему жучка поставила на его комп. Так, на всякий случай Загадки, загадки...

А это легально? Вообше интересно будет почитать материалы дела. Вроде как судебные документы должны быть доступными.

[Veselchak U]

Вроде бы зерохедж (спасибо СергеюВЗ) выложил criminal complaint. Но я его не читал. Я не думаю, что это легально. Рабочий лапоть можно мониторить сколько хочешь, а персональный не замай.

[Sergunka]

Вроде бы зерохедж (спасибо СергеюВЗ) выложил criminal complaint. Но я его не читал. Я не думаю, что это легально. Рабочий лапоть можно мониторить сколько хочешь, а персональный не замай.

Да там без слез читать нельзя - "Я специальный агент работаю в ФБР в Нью Йорксом отделении приблезительно два с половиной года"

Судя по ирландской фамилии полный идиот, как и сами обвинения - кроме ип адресов ничего существенного ну плюс мифические 32 метра информации.

http://zerohedge.blogspot.com/2009/07/i ... trial.html

[SergeyVZ]

Там еще такой интересный момент: Алейников незадолго до ареста получил хорошую работу (с зарплатой в 3 раза выше) в новом хеджфонде Teza Technologies, организованном Михаилом Малышевым (высококлассным спецом по high-frequency trading) - который в феврале ушел из Цитадели поругавшись с начальством (он единственный там сделал прибыль >$1 млрд. в прошлом году и надеялся на повышение до начальника всего трейдинга, но получил фигу - начальником над ним поставили какого-то индуса).

http://zerohedge.blogspot.com/2009/07/c ... ldman.html

[dima@usa]

Там еще такой интересный момент: Алейников незадолго до ареста получил хорошую работу (с зарплатой в 3 раза выше)

Блин, он и на старом месте получал скромные 400К.

[Oleg_IT]

Насколько я понимаю, в условиях ЧП, которое благополучно продлевается, ставить жучков, прослушивать и просто следить за гражданами и тем более негражданами вполне даже законно для FBI.

[blanko27]

Свежие идеи: http://www.toomre.com/node/789

In terms of Mr. Aleynikov’s claim that he was working on Open Source software, a quick check of the Perl archives shows two different project that he has worked on, Devel::Assert and Exception::SEH - rich try/catch/finally semantics. It is reasonable to assume that a little more research would find additional open source work by Mr. Aleynikov.

The article The Dumbest Man at Goldman Sachs chastises Mr. Aleynikov for using LinkedIn to provide information about himself. It is from this that people have determined that he worked at Goldman Sachs. However, his use of LinkedIn is only dumb if you assume, like I believe Dan Freed is incorrectly assuming, that Mr. Aleynikov is guilty and believes he needs to hide things. The fact that he provided information to the FBI upon his arrest and the other information available, leads me to believe that Mr. Aleynikov is simply another bright open source programmer that wants to share information.

I suspect that this gets to a much more closer view of what happened. Whenever someone leaves a job, they clean out their desk and take their personal belongings with them. These days, more and more of our personal belongings are files stored on company computers. My personal guess is that Mr. Aleynikov cleaned out his virtual desktop by backing up files to a server in Germany. He may, or may not, have included in his virtual briefcase material that was confidential, but if he did, I believe it was inadvertent.

The real question is why did this become a front page story?

[_AlienCreature_]

Вообще говоря этот high frequency trading нужно запретить. Он наносит огромный вред "обычным" инвесторам таким как mutual funds, pension funds, etc. Может эта история привлечет внимание к этой проблеме и SEC наконец займется чем то полезным вместо подсчета зарплат банкиров and investment professionals

From John Mauldin newsletter:

But first, I want to direct the attention of those in the US finance industry to a white paper written by Themis Trading, called "Toxic Equity Trading Order Flow on Wall Street." Basically, they outline why volume and volatility have jumped so much since 2007; and it's not due to the credit crisis. They estimate that 70% of the volume in today's markets is from high-frequency program trading. They outline how large brokers and funds can buy and sell a stock for the same price and still make 0.5 cents. Do that a million times a day and the money adds up. Or maybe do it 8 billion times. It requires powerful computers, complicity of the exchanges (because the exchanges get paid a lot), and highly proximate computer connections. Literally, the need for speed is so important that to play this game you have to have your servers physically at the exchange. Across the river in New Jersey is too slow. Forget Texas or California. This is a game played out in microseconds.

The retail world doesn't get to play. This is a game only for big boys who can afford to pay for the "arms" needed to fight this war. But the rest of us pay for the game, as that half cent is like a tax on transactions, not to mention the increased daily volatility, which skews pricing. Think it doesn't affect you? That "tax" is paid by mutual funds, your pension fund, and every large institution.

Frankly, this is outrageous. The more I read the madder I got. And it is going to get worse as computers get faster and software more intelligent. We need rules to level the playing field. Themis suggests one simple one: just make it a rule that all bids have to be good for at least one second. That would cure a lot of problems. One lousy second! In a world of microseconds, that is an eternity.

Goldman Sachs went after an employee who stole some of their latest and greatest software this last week. The US assistant attorney general said in the courtroom that the software had the potential to manipulate the market. Imagine that. I am shocked. There is gambling going on in the back room? Gee, commissioner, I had no idea.

All this "algo" (algorithmic) trading also gives a very false impression of volume. If you are a fund and see 10 million shares a day traded, you might feel comfortable that you could hold one million shares and exit your trade easily. But if 80% of the volume is false "algo" trading, that volume isn't really there. You may have a position that will be a problem if you want to exit, and not know it.

"High-frequency trading strategies have become a stealth tax on retail and institutional investors. While stock prices will probably go where they would have gone anyway, toxic trading takes money from real investors and gives it to the high frequency trader who has the best computer. The exchanges, ECNs and high frequency traders are slowly bleeding investors, causing their transaction costs to rise, and the investors don't even know it." (Themis Trading)

We are literally talking billions of dollars here. The SEC needs to step in and stop this, and soon. This is a lot more important than the salaries of investment professionals, for which the Obama administration today suggested new rules, which would allow the SEC to oversee salaries at member firms. Seriously? They don't have enough to do already?

The link to the white paper is http://www.themistrading.com/article_fi ... -17-08.pdf. Themis Trading is at http://www.themistrading.com/.

Read the paper. Then, if you like, drop the very nice folks at the SEC your thoughts at tradingandmarkets@sec.gov.

[Sergunka]

Вообще говоря этот high frequency trading нужно запретить.

Фактически HFT подменяет собой биржу и осуществляет роль посредника за свою долю малую, что очевидно должно быть запрещено.