| Gainsborough |
| StabsFeldwebel |
 |
 |
| 265 Posts |
| registered: 22.12.2012 |
|
Goldman Sachs may have finally caught a break from the constat heat its been getting, as a jury in New York found former programmer Sergey Aleynikov guilty of stealing proprietary code used for highfrequency trading. It wasnt all cheers for Goldman, though, as an investigation carried on Senator Carl Levin DMI called the investment banks CDS activities abusive. Aleynikov, a year old Russian immigrant, faces years in prison after Judge Denise Cote read the verdict which found the former Goldman Sachs programmer guilty of stealing code used in highfrequency trading. Aleynikov was arrested over the fourth of July weekend in at Newark Liberty International Airport in Newark, N.J. Federal agents accused Aleynikov of uploading Goldmans source code, a proprietary piece of information considered a trade secret, into a German server. Aleynikov was leaving the investment bank for Chicago startup, Teza Technologies. The highfrequency trading firm reportedly offered Aleynikov $. million in compensation,Diesel Tapered Jeans, nearly three times as much as Goldman Sachs. The programmer, who allegedly was to use the code to develop a trading platform at Teza,discount Diesel jeans, claimed he made a mistake as he was trying to download open source code. Aleynikov, who holds dual RussianU.S. citizenship, was placed under home confinement and electronic monitoring, after he posted bail. It wasnt time to uncork champagne bottles at Goldman Sachs. The firm headed Lloyd BlankfeinLloyd Blankfein was being investigated Senator Carl Levin for its credit default swap trading activities during the runup to the market freefall caused Lehman Brothers ?? collapse. s from the head of Goldman Sachs assetbacked securities trading desk, Michael Swenson, during the subprime mortgage crisis show that he urged his traders to start killing the shorts in the street and cause maximum pain. Levin accused the investment bank of engaging in a socalled shortsqueeze strategy, which would drive the markets in favor of Goldman. As was alleged in the Abacus investigation, Goldman was supposedly betting against positions many of its clients were encouraged to take. During the Abacus investigations it was found that billionaire John Paulson??s hedge fund had chosen assets in a security designed so that they could bet against it. Goldmans Fabrice Toure then was part of the team that created and then sold the security to clients, without warning investors about Paulsons involvement. Another , sent trader Deeb Salem,Diesel jeans sale, called the short squeeze a doable and brilliant strategy. Senator Levin claimed that Goldman Sachs encouraged the strategy,YSL Shop Online, which would allow it to purchase CDSs for itself at artificially low prices. Many other financial institutions, such as Morgan Stanley , JP Morgan , Bank of America , and Citi ,Yves Saint Laurent Pumps, took part of the market, which,Cheap Mens Jeans Diesel, including Goldman Sachs, stood at $ million September . A spokesman for Goldman Sachs denied that the bank engaged in the shrot squeeze strategy. Swensons language was called disappointing.
????????
Diesel jeans sale Burberry bags outlet Fake Flash
Christian Louboutin shoes Yves Saint Laurent Sanda
Nike Free Run Diesel Jeans Men Fashion Boutiques O
|
