{"id":188147,"date":"2010-12-01T23:15:00","date_gmt":"2010-12-02T04:15:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/12\/01\/well-this-is-a-surprise-3\/"},"modified":"2010-12-01T23:15:00","modified_gmt":"2010-12-02T04:15:00","slug":"well-this-is-a-surprise-3","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/12\/01\/well-this-is-a-surprise-3\/","title":{"rendered":"Well, This is a Surprise"},"content":{"rendered":"<p>In the latest twist to the legal travails of <a href=\"http:\/\/40yrs.blogspot.com\/search?q=Aleynikov\">Sergey Aleynikov<\/a>, who is accused of theft of Goldman-Sach&#8217;s <strike>illegal market front-running<\/strike> high frequency trading software is now arguing that <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/f470d830-fcb3-11df-bfdd-00144feab49a.html#axzz16pjO0xfP\">the code in question was open source, so there was no theft<\/a>: <\/p>\n<blockquote style=\"color: blue;\"><p>Sergey Aleynikov, who is accused of stealing Goldman Sachs\u2019 source code used in high-frequency trading, argued that he was standing up to the investment bank\u2019s proprietary claims on open-source code, not trying to steal private codes to use at a competing trading firm.<\/p>\n<p>Mr Aleynikov, a former computer programmer at the bank, is accused of downloading proprietary code related to high-speed trading systems in June 2009 for use at a new job at a competing firm.<\/p><\/blockquote>\n<p>While this statement may actually be true, it does strike me as a rather low percentage defense.<\/p>\n<p>Unfortunately, it also implies that we will not be getting any details on how the Vampire Squid and its Wall Street co-conspirators might actually be gaming the system with their co-located high speed trading systems during the trial.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the latest twist to the legal travails of Sergey Aleynikov, who is accused of theft of Goldman-Sach&#8217;s illegal market front-running high frequency trading software is now arguing that the code in question was open source, so there was no theft: Sergey Aleynikov, who is accused of stealing Goldman Sachs\u2019 source code used in high-frequency &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1060,1134,1004,1109,972],"tags":[],"class_list":["post-188147","post","type-post","status-publish","format-standard","hentry","category-computer","category-copyright","category-finance","category-ip","category-justice"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188147"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=188147"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188147\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=188147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=188147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=188147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}